Startups and technology

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Moneybox is Europe’s newest unicorn, and it’s testing London’s new private market to prove it

Moneybox is Europe’s newest unicorn, worth £800m, or $1.1bn. But no fundraise set that price. Staff did, by selling shares on London’s untested new private market. Moneybox, the British savings and investing app, is now a unicorn. It has put a value of about £800m, or $1.1bn, on itself, the Financial Times first reported. The […]

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The father of reinforcement learning is leaving Carmack to build his own AI

One of the most decorated minds in AI is striking out alone. Richard Sutton shared the 2024 Turing Award for founding modern reinforcement learning. On Monday he said he is leaving John Carmack’s startup Keen Technologies to start a new one, Oak Lab. He announced it plainly on X. He praised Carmack and Keen, then […]

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Monzo founder Tom Blomfield joins Anthropic’s compute team

Tom Blomfield built two of Britain’s best-known fintech companies. Now the Monzo founder is joining Anthropic, and his job is to help crack the AI industry’s hardest problem: compute. One of the biggest names in UK tech is heading to one of the most valuable companies in AI. Tom Blomfield co-founded the digital bank Monzo […]

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Cursor is building a Claude Cowork rival, and Musk may decide its fate

The race to automate the office just gained a third runner. Cursor is building Sand, a general-purpose agent to rival Claude Cowork. Whether it ever ships may come down to Elon Musk. Cursor made its name as a tool for people who write code. Now it is building one for people who do not. According […]

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Yann LeCun’s new VC fund lasted eight hours. Then it vanished

A shiny new VC firm named the AI pioneer as a partner on Friday morning. By Friday night, the fund did not exist. Yann LeCun has had a busy year. Now he has had a strange one. On Friday, a new venture firm called Extelligence Invest named the man often dubbed a “godfather of AI” […]

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Robots swept RoboCup 2026, and they’re coming for the human World Cup by 2050

While the world watched the World Cup, robots played their own version in Incheon. RoboCup 2026 ran from 30 June to 6 July in Songdo, drawing teams from dozens of countries. When the whistle blew, one name was behind every winner. Teams using robots from Beijing’s Booster Robotics swept all three humanoid football divisions. The […]

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This EU-first robocar tests at 120 km/h, and uses no AI to drive

Aidoptation can now test a fully self-driving car at highway speed on Belgian public roads. It is the first Level 4 permit of its kind in the European Union. The company announced the approval, which covers 100 km of the E313 and E314 motorways in Limburg. Level 4 means the car handles everything, with no […]

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Ollama raises $65M as its open-model runner hits nearly 9M developers

Ollama has raised a $65M Series B led by Theory Ventures. Benchmark, 8VC, Y Combinator and others joined. The round takes the company’s total funding to $88M, three years after it launched, and Ollama set out the plan in a blog post on Thursday. Founder and chief executive Jeff Morgan gave the details to TechCrunch, […]

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Databento raises $97M to take on Bloomberg’s terminal

Databento has raised $97M in Series B funding to build what it calls the market data platform for modern finance. The round was led by New Enterprise Associates, with DRW, Redpoint Ventures, and Tribe Capital joining. The company announced the raise on Thursday. Demand ran well past the target. The round was oversubscribed, drawing more […]

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AI money watch: five funding rounds that matter today

A busy 24 hours for AI and deep-tech money, from a $300m quantum bet to Paris voice AI and Europe’s energy startups. Here are the rounds worth knowing. The cash keeps flowing into AI and deep tech. The past day alone brought a $300m quantum raise, a fresh billion-dollar AI-agent valuation, and European bets on […]

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