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Belfast’s Cloudsmith raises $72M Series C to secure the AI-generated software supply chain

TCV led the Series B one year ago and now doubles down on the Series C. Insight Partners also returns. The thesis: AI coding agents are generating software so fast and at such volume that human code review is no longer sufficient, and enterprise artifact management must function as the primary control and security layer. […]

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BT, Nscale, and Nvidia announce UK sovereign AI partnership

Nscale will construct the data centres at existing BT infrastructure sites; BT will provide connectivity. Both companies are founding members of the new UK Sovereign AI Industry Forum. The deal deepens Nscale’s position as a central plank of the UK government’s national AI infrastructure strategy. BT Group and Nscale announced on 23 April 2026 that […]

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Tesla raises 2026 capex to $25 billion

The company will go negative on free cash flow for the rest of 2026, CFO Vaibhav Taneja confirmed. But Q1 delivered an unexpected $1.4 billion positive free cash flow beat, and Tesla ended the quarter with $44.7 billion in cash. The capex uplift from $20B to $25B is a $5 billion revision to guidance issued […]

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Microsoft commits A$25 billion to Australia by 2029

The investment is Microsoft’s largest-ever in Australia and builds on an A$5 billion commitment from October 2023. It includes expanding Azure AI supercomputing capacity by more than 140%, extending the Microsoft-ASD Cyber-Shield to additional government agencies, and training three million Australians in AI skills by 2028. Microsoft has announced A$25 billion (approximately USD 18 billion) […]

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Decade Energy raises €22M to build power infrastructure for electric truck depots across Europe

The round is split between €16M from Eiffel Investment Group for project deployment and €6M led by SET Ventures for product and expansion, alongside existing investors Ananda Impact Ventures and Contrarian Ventures. The company targets 100MW+ of BESS projects across France, with Germany, the Nordics, and Poland to follow. Decade Energy, the Paris-based company building […]

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French satellite startup Univity raises €27M Series A

Founded in 2022 and formerly called Constellation Technologies & Operations, Univity is targeting a constellation of at least 1,600 satellites in very low Earth orbit, using telecom operators’ own 5G mmWave spectrum rather than competing with them. The Series A takes total financing to €68M across equity, debt, subsidies and contract revenues. Univity, the Paris-based […]

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SpaceX’s IPO filing says its orbital data centres may never work. Three months ago, Musk called them a no-brainer.

Summary: SpaceX’s confidential S-1 pre-IPO filing warns that its orbital AI data centre plans “involve significant technical complexity and unproven technologies, and may not achieve commercial viability,” contradicting Elon Musk’s January claim at Davos that space-based AI was a “no-brainer” achievable within two to three years. The filing comes as SpaceX targets a $1.75 trillion […]

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SpaceX’s IPO filing says its orbital data centres may never work. Three months ago, Musk called them a no-brainer. Read More »

VAST Data’s $30 billion valuation is a bet that the data layer is the real bottleneck in AI

Summary: VAST Data raised $1 billion in a Series F at a $30 billion valuation, more than tripling from $9.1 billion, with Drive Capital and Access Industries co-leading and Nvidia, Fidelity, and NEA participating. More than $500 million is secondary capital. The company reports $4 billion in cumulative bookings, $500 million-plus in committed ARR, and […]

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Google wants Chrome to be your AI colleague, and it is betting 3.8 billion users agree

Summary: Google announced at Cloud Next 2026 that Chrome is becoming an agentic workplace platform with Auto Browse (autonomous multi-step task completion), Chrome Skills (saveable AI workflows), a persistent Gemini side panel integrated with Workspace, and on-device AI APIs via Gemini Nano. Chrome Enterprise Premium at $6/user/month adds real-time DLP, data masking, and AI governance […]

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BMW’s i7 gets Rimac batteries, rare-earth-free motors, and drops Level 3 driving

Summary:BMW revealed the facelifted 2027 i7 simultaneously at Grand Central Terminal and Auto China with Gen6 cylindrical cells from Rimac, rare-earth-free motors with SiC inverters, and 250 kW charging. The i7 60 xDrive targets 350-plus miles EPA and 728 km WLTP; the i7 50 reaches 611 km and the M70 targets 686 km. BMW dropped […]

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