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Europe has a new defence-tech heavyweight. Quantum Systems, a German maker of autonomous drones, has raised $1.2bn and more than doubled its valuation to about $8bn. It is one of the largest rounds ever for a European defence startup. The Bavarian company announced the Series D on Thursday. Blackstone, Noteus, Airbus, and Advent co-led it. […]
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Instead of just selling chips, Nvidia is offering AI clouds a revenue-sharing and credit-support model built to get GPUs into the hands of companies that could not otherwise afford them. Nvidia is changing how it gets paid. The company announced on Wednesday a new arrangement in which AI cloud providers can access large volumes of its […]
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Nvidia offers AI startups compute now, payment later Read More »
For 30 years, small businesses fought to rank on Google. Now their customers are asking ChatGPT instead. A New York startup wants to make sure the local salon still shows up. The startup is Pie, and it has just stepped out of stealth with money to match its pitch. It raised a $19.5mn Series A […]
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Pie raises $19.5M to keep small businesses visible in AI search Read More »
Fusion’s hard problem was making more energy than you put in. The next one is turning that energy into cheap electricity. A Wisconsin startup says it has taken a first step, by lighting a few bulbs straight from its reactor. The company is Realta Fusion. On 30 June it announced the first demonstration of direct […]
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Realta Fusion lights bulbs straight from its reactor, a commercial first Read More »
The AI boom needs somewhere to live. Data centres, power lines, and factories all start with months of paperwork before a single wall goes up. A British-founded startup says its AI can cut that grind by 95 per cent. The company is Build, and on Tuesday it raised $8.5mn (€7.4mn) in seed funding led by […]
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Build raises $8.5M to speed up the paperwork behind data centres Read More »
The buzziest corner of finance AI is not the trading desk. It is the dull middle office, where staff keep thousands of portfolios in line with spreadsheets. A London-founded startup just raised $27mn to automate exactly that. The company is MDOTM. It has closed a $27mn growth-equity round led by Expedition Growth Capital, it said. […]
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London’s MDOTM raises $27M to put AI inside wealth managers Read More »
A Silicon Valley startup says it has built a pharmacy with no pharmacist behind the counter. Sealed bottles go in, filled and checked prescriptions come out, in about a minute. The company, Queue, came out of stealth on Tuesday with a working machine and fresh money. It has raised a $12.6mn seed round led by […]
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Queue raises $12.6M for a pharmacy that runs without a pharmacist Read More »
Base44 spent its first year building apps on other companies’ AI models. Now it has built its own. It is betting that owning the model is the only way to survive the vibe-coding gold rush. The Tel Aviv startup lets anyone build a working app by describing it in plain language. It has now launched […]
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Base44 launches Base1, its own AI model for vibe coding Read More »
OpenAI’s first piece of hardware is not the mysterious gadget everyone is waiting for. It is a small keyboard for people who talk to an AI all day. On Monday, the OpenAI Developers account posted a short video on X. It showed a small square device with a grid of buttons, glowing through a cycle […]
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OpenAI’s first hardware is a macro pad for Codex coders Read More »
Higgsfield AI did not exist before March 2025. Fifteen months on, the video startup is in talks to raise money at a $5bn valuation, four times its worth at the start of the year. The company is seeking $300mn to $500mn, The Information first reported. That would value it at $5bn before the new money, […]
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AI video startup Higgsfield is in talks to raise at a $5bn valuation Read More »