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A UK startup just raised $18.5 million to fly satellites where nobody else can

Between commercial aircraft at 10km and conventional satellites at 500km lies a band of near-Earth space that has never been used commercially. Very low Earth orbit, or VLEO, sits at 200 to 300km, an altitude historically reserved for spy satellites and the International Space Station. Reading-based NewOrbit announced on Monday an oversubscribed $18.5 million Series A to […]

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JPMorgan poaches Nomura’s international AI strategy chief as Dimon doubles down on AI hiring

JPMorgan Chase is hiring Nomura Holdings’ international head of artificial intelligence strategy, according to Bloomberg, as the largest US bank by assets accelerates its recruitment of AI specialists. Singapore-based Tahir Zafar, who joined Nomura in late 2023 and was promoted to his current role in March 2025, is expected to start around July after completing […]

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The AI models finding 10,000 vulnerabilities are the same ones China is trying to copy. That is the problem.

In May, Google’s Threat Intelligence Group confirmed the first known case of an AI system discovering and weaponising a zero-day exploit that was then deployed in the wild. A criminal actor used a frontier model to find a two-factor authentication bypass, build a working exploit, and use it before any defender knew the vulnerability existed. That […]

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The AI models finding 10,000 vulnerabilities are the same ones China is trying to copy. That is the problem. Read More »

Moonshot AI wants a $30bn valuation six months after being worth $4bn. That tells you everything about China’s AI funding race.

Moonshot AI, the Beijing-based developer of the Kimi chatbot, is seeking as much as $2 billion in a new funding round that would value the company at $30 billion, Bloomberg reported on Sunday. If the round closes at that target, it would mark a seven-fold increase in capitalisation since December, when the startup was valued at just […]

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Moonshot AI wants a $30bn valuation six months after being worth $4bn. That tells you everything about China’s AI funding race. Read More »

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