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DeepSeek lines up its first outside money: a $7bn round at up to $59bn

DeepSeek has spent eighteen months as the most talked-about AI lab that almost nobody could invest in. That is about to change. The Chinese startup is slated to raise roughly 50 billion yuan, about $7bn, in its first external funding round, according to people familiar with the matter, in a deal that would value it […]

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UK regulator imposes new rules on Google search, including an AI-training opt-out

Britain’s competition regulator has stopped consulting and started ordering. On Wednesday the Competition and Markets Authority imposed new conduct requirements on Google’s search services, the first concrete obligations to follow from its decision to designate the company as holding strategic market status. Among them is a provision with sharp implications for the AI era: publishers will […]

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GitLab to cut 14% of staff and exit 22 countries in ‘agentic era’ restructuring

GitLab is cutting about 14% of its full-time workforce, roughly 350 people, and pulling out of 22 countries, based on their report for the first quarter of the fiscal year 2027,  in which it grew revenue 23% and beat Wall Street’s expectations. The restructuring, the company said, is meant “to realign its operating structure to […]

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Musk allies back a private-sector DOGE as ex-staffers launch Special

The Department of Government Efficiency is gone, quietly wound down after a year that produced more controversy than confirmed savings. Two of its former staffers have decided the idea was sound and the venue was wrong. On Tuesday they unveiled Special, a firm that intends to buy companies outright and cut their costs by running artificial […]

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Trump quietly signs a downsized AI executive order asking companies to voluntarily submit models for review 30 days before release

President Trump signed an executive order on Tuesday establishing a voluntary framework for government review of frontier AI models before public release, ending weeks of internal White House conflict over how aggressively to regulate the technology. The order, titled “Promoting Advanced Artificial Intelligence Innovation and Security,” was signed privately without the usual livestream or public ceremony, a […]

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Trump quietly signs a downsized AI executive order asking companies to voluntarily submit models for review 30 days before release Read More »

Microsoft used agentic AI to make its quantum chip 1,000 times more reliable, then cut its timeline to a scalable quantum computer in half

Microsoft has unveiled Majorana 2, a next-generation topological quantum chip whose qubits are 1,000 times more reliable than those in the first Majorana chip introduced last year. The improvement is so significant that Microsoft has cut its timeline for achieving a scalable quantum computer from 2033 to 2029, halving the original target. The company credits […]

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Microsoft used agentic AI to make its quantum chip 1,000 times more reliable, then cut its timeline to a scalable quantum computer in half Read More »

Microsoft just announced a new operating system for devices that don’t run apps, only AI agents

Microsoft unveiled Project Solara at Build 2026, a new chip-to-cloud platform designed from the ground up for devices that run AI agents instead of traditional applications. The platform includes a lightweight operating system built on AOSP, enterprise-grade security and management through Intune and Entra ID, and what Microsoft calls “just-in-time UI,” the ability for agent […]

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Microsoft just announced a new operating system for devices that don’t run apps, only AI agents Read More »

OpenAI is turning Codex from a coding tool into an enterprise work platform, and non-developers are adopting it 3x faster than engineers

OpenAI announced a major expansion of Codex on Tuesday, transforming its AI coding agent into a broader enterprise work platform with three new capabilities: Sites, a feature that lets users create and share hosted interactive web applications; Annotations, an in-place editing tool; and six role-specific plugins that aggregate 62 popular business applications including Snowflake, Figma, […]

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OpenAI is turning Codex from a coding tool into an enterprise work platform, and non-developers are adopting it 3x faster than engineers Read More »

A German startup raised $240 million to commercialise the only fusion experiment that has ever produced net energy

Focused Energy, a Germany-based fusion startup, has raised an oversubscribed $240 million Series A round to develop a commercial reactor based on the same approach that produced the world’s first controlled fusion reaction with net energy gain. The round, led by German utility RWE, brings the company’s total private capital to $300 million. Focused Energy […]

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A German startup raised $240 million to commercialise the only fusion experiment that has ever produced net energy Read More »

SpaceX’s first employee just raised $500 million for the company that moves satellites once rockets put them in the wrong orbit

Impulse Space, the orbital transfer vehicle startup founded by Tom Mueller, has raised $500 million in a Series D round that values the company at $4.26 billion. The round was co-led by 137 Ventures and Banner VC, with participation from existing investors including Peter Thiel’s Founders Fund and Linse Capital. The company has now raised […]

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SpaceX’s first employee just raised $500 million for the company that moves satellites once rockets put them in the wrong orbit Read More »

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