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The robot butler has been five years away for about twenty years. Weave Robotics thinks the trick is to aim lower. Its new home robot, Isaac 1, does not walk, has no fingers, and mostly just wants to do your laundry. It also costs a fraction of its humanoid rivals. The Y Combinator-backed startup unveiled […]
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Weave’s $7,999 Isaac 1 bets home robots don’t need legs or fingers Read More »
Zoom made its name on the video call. Now it wants to own everything that happens before the call too. The company is buying Common Room, a Seattle startup whose AI reads the buying signals of potential customers, pushing Zoom deeper into enterprise sales software. Zoom announced the acquisition on Thursday. It did not disclose […]
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Zoom buys Common Room to push past the video call into AI sales Read More »
Europe just put its first quantum computing company on a major American stock exchange. And it did so without leaving home. IQM, a Finnish maker of quantum machines, started trading on Nasdaq this week. The debut was equal parts landmark and reality check. IQM began trading on the Nasdaq Global Select Market on 2 July […]
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IQM becomes the first European quantum company to list on a major US exchange Read More »
Anduril has become the poster child for a faster, software-speed kind of defence contractor. Last Friday, one of its rocket motors blew up on a test stand in Mississippi. The blast is a small setback that carries an outsized message about how hard building missiles really is. A solid rocket motor exploded during a test […]
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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 »