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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

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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Meta takes its 13+ teen content settings global across Instagram, Facebook, and Messenger

Meta is taking its “13+” content settings for Teen Accounts global. The company said today that the setting, which it likens to a movie rating, will now apply by default to teenagers across Instagram, Facebook, and Messenger worldwide, extending a system it first introduced last October in the US, UK, Australia, and Canada. According to […]

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SoftBank is reportedly in early talks to back an $800m Agile Robots round

SoftBank, it seems, is not done buying robots. The Japanese group is in early talks to back a new funding round of around $800m (€700m) for Agile Robots, the Munich startup that builds robot arms, warehouse machines, and humanoids, according to Bloomberg. SoftBank would contribute more than $300m of that total, people familiar with the […]

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Jensen Huang says pay workers ‘as much as possible’ days after Nvidia commits 50% of free cash to shareholders

Jensen Huang’s comments at Computex defend the Samsung bonus structure that delivers $400,000 to chip engineers, but land alongside an $80bn Nvidia buyback announced two weeks ago. Jensen Huang, the Nvidia chief executive, told reporters on the sidelines of Computex in Taipei on Tuesday that workers should be paid “as much as possible,” framing the […]

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Australia’s biggest bank says corporate AI is racking up bigger bills and producing ‘work slop’

CBA chief executive Matt Comyn used the phrase ‘work slop’ to describe the low-quality AI output now flowing through corporate workflows, as token-billed AI costs scale with task complexity. Matt Comyn, chief executive of the Commonwealth Bank of Australia, used a speech on Monday to flag two AI-adoption problems large corporate buyers have been working […]

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Mach Industries quadruples to $1.8bn as the Pentagon’s drone-dominance push lifts every defence-tech valuation

The Huntington Beach defence-tech startup, run by a 22-year-old MIT dropout, has raised a $300M Series C at a $1.8bn valuation, nearly 4x its mark from June 2025. Mach Industries, the three-year-old defence-tech startup run by 22-year-old founder and chief executive Ethan Thornton, has raised a $300m Series C at a $1.8bn valuation, nearly four […]

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Mach Industries quadruples to $1.8bn as the Pentagon’s drone-dominance push lifts every defence-tech valuation Read More »

Alphabet to raise $80bn in equity to fund its AI spending

Alphabet is raising $80bn in equity, an unusually large sum for a company that has rarely needed to ask. The Google parent announced the plan on Monday to help fund what it called investment in world-class AI compute infrastructure to meet unprecedented customer demand, and the structure of the raise is as telling as the […]

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GoPro warned it may not survive. The AI memory crunch is killing companies that make things people hold.

GoPro warned on Monday that there is “substantial doubt about the company’s ability to continue as a going concern.” The action-camera maker reported a 26% revenue decline in Q1 and expects to breach several loan covenants. Shares fell as much as 14%. The cause is memory. GoPro said its earnings forecast has been “significantly impacted” […]

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GoPro warned it may not survive. The AI memory crunch is killing companies that make things people hold. Read More »

Hackers hijacked Instagram accounts by asking Meta’s own AI chatbot to reset the password

Hackers hijacked Instagram accounts over the weekend by tricking Meta’s own AI-powered support chatbot into granting them access. The attack required no access to the victim’s email, no phishing link, and no malware. The hacker simply asked the chatbot to add a new email address to someone else’s account. A video posted on X showed […]

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Anthropic files confidentially for an IPO, potentially beating OpenAI to Wall Street after eclipsing it in valuation

Anthropic has confidentially submitted draft registration paperwork for an initial public offering with the Securities and Exchange Commission, the company announced in a blog post on Monday. The number of shares to be offered and the price have not been set. The filing positions Anthropic to potentially reach the public market as soon as this fall, […]

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Anthropic files confidentially for an IPO, potentially beating OpenAI to Wall Street after eclipsing it in valuation Read More »

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