Neuralink finally has a real rival: Paradromics just put a brain chip in its first patient
Neuralink finally has a real rival: Paradromics just put a brain chip in its first patient

Neuralink has dominated the brain-chip story for two years. It now has a serious challenger with a patient of its own. Paradromics, an Austin neurotech firm, has implanted its Connexus brain-computer interface in the first participant of its FDA-approv…

A startup that builds offensive cyber weapons just became a $1bn unicorn
A startup that builds offensive cyber weapons just became a $1bn unicorn

Most cybersecurity startups sell shields. Twenty sells the sword, and investors just valued that at $1bn. The company, which describes itself as America’s first venture-backed cyber warfare firm, has raised a $100mn Series B led by Accel, Axios reporte…

Jeff Bezos is backing a two-year-old Cambridge AI lab at a $2.6bn valuation
Jeff Bezos is backing a two-year-old Cambridge AI lab at a $2.6bn valuation

Jeff Bezos appears to have settled on his AI thesis, and it is not chatbots. It is the physical world. CuspAI, a two-year-old Cambridge startup that uses AI to design new materials, is in talks to raise about $400mn at a $2.6bn valuation, the Financial…

Odyssey took Nvidia’s money. Now it’s raised $310M betting on Amazon and AMD
Odyssey took Nvidia’s money. Now it’s raised $310M betting on Amazon and AMD

Odyssey, an AI lab building real-time ‘world models’, has raised $310mn at a $1.45bn valuation. The more telling number is whose names are on the round. The Series B was led by Natural Capital, with Amazon, AMD Ventures, Google’s GV, EQT and the CIA-li…

The tokenmaxxing era is over. Now companies are ‘tokenminimizing’
The tokenmaxxing era is over. Now companies are ‘tokenminimizing’

A year ago, the smart move inside a big company was to use as much AI as humanly possible. Some firms even ranked employees on leaderboards by how many tokens they burned, a status game that earned its own name: tokenmaxxing. That era is ending. The sa…

Microsoft might put China’s DeepSeek inside Copilot to tame its AI bills
Microsoft might put China’s DeepSeek inside Copilot to tame its AI bills

Microsoft is considering putting a Chinese AI model inside its enterprise Copilot, and the reason is money. The company told Axios it is exploring a self-hosted, fine-tuned version of DeepSeek V4, or another open-source model, as a cheaper option to po…

Nvidia reveals AI robots that taught themselves to install GPUs into motherboards — video shows robot ‘solve high-precision tasks like… installing GPUs all by itself’

Nvidia showcases agentic robots that can teach themselves high-precision and dexterous tasks – like PC building – in the real world.

Former Palantir employees raise $60M for AI enterprise startup Conduct

A London-based AI startup founded by three former Palantir employees, which is looking to modernise ERP systems, has raised $60m in new funding. The Series A investment in Conduct was co-led by new in…

Uber’s robotaxi service is heading to Houston to take another swing at Waymo
Uber’s robotaxi service is heading to Houston to take another swing at Waymo

Uber is taking its robotaxi service to Houston. The company said on 17 June that it will launch a premium driverless service in the city by mid-2027, the second US market for its partnership with EV maker Lucid and self-driving startup Nuro. It is also…

Mistral spent two years warning the US could switch off its rivals. A fat-cat meme just made the point for it.
Mistral spent two years warning the US could switch off its rivals. A fat-cat meme just made the point for it.

On Wednesday, Arthur Mensch took his seat at a G7 working lunch in Evian alongside Sam Altman, Demis Hassabis, and Dario Amodei. Days earlier, the US government had ordered Amodei’s company to cut foreign nationals off from its most capable models, and…