Stables and access bank south africa explore new cross-border payment infrastructure
Stables and access bank south africa explore new cross-border payment infrastructure

The race to modernize cross-border payments is increasingly shifting toward emerging markets, where businesses continue to face high costs, settlement delays, and fragmented financial infrastructure despite growing international trade. Australian finte…

AI’s power crunch is sending data-centre builders to the banks
AI’s power crunch is sending data-centre builders to the banks

The bottleneck in AI is no longer chips. It is power, and the scramble to secure it is sending data-centre builders to the banks for billions in financing commitments, Bloomberg reports.The shift is a big one. For much of the AI boom the scarce resourc…

Robinhood is launching a publicly traded fund that invests in Y Combinator startups. Anyone can buy shares.
Robinhood is launching a publicly traded fund that invests in Y Combinator startups. Anyone can buy shares.

Robinhood is launching a second publicly traded closed-end fund that will invest in private companies from the Y Combinator ecosystem. Robinhood Ventures Fund II filed to offer 7.6 million shares at $25 each, with pricing expected after market close on…

OpenAI is adding 250 jobs in Dublin as Ireland loses tech roles to AI elsewhere
OpenAI is adding 250 jobs in Dublin as Ireland loses tech roles to AI elsewhere

OpenAI is expanding its European headquarters in Dublin with 250 new jobs and an 88,000-square-foot lease at the Tropical Fruit Warehouse in the city’s Docklands. The company currently employs around 100 people in Ireland and established its European p…

Water UK says AI data centre plans ignore where the water comes from
Water UK says AI data centre plans ignore where the water comes from

Britain wants to triple its data centre capacity by 2030. The trade body for the country’s water companies has told ministers there is not enough water to run them. Water UK, which represents England’s water suppliers, told MPs this week that the gover…

A $400M nonprofit backed by France and DeepMind is building AI’s ‘public option’
A $400M nonprofit backed by France and DeepMind is building AI’s ‘public option’

A farmer in rural India photographs a dying plant and wants to look it up. She does not speak English, and today’s AI barely speaks hers. A nonprofit called Current AI thinks that is a problem worth fixing. Its goal is grand: a “public option” for AI, …

A French startup built a radiology viewer from scratch with AI at its core. Moffitt Cancer Center is already using it.
A French startup built a radiology viewer from scratch with AI at its core. Moffitt Cancer Center is already using it.

Raidium, a Paris and Silicon Valley-based radiology startup, has launched its AI-native imaging platform in the US at Moffitt Cancer Center, one of the country’s leading oncology research institutions. The platform, called Raidium Read, replaced Moffit…

ElevenLabs’ CEO on hitting ~$600m revenue and outrunning the AI labs
ElevenLabs’ CEO on hitting ~$600m revenue and outrunning the AI labs

The ALL-IN Podcast took its live show to the Louvre this week for the RAISE Summit. It put ElevenLabs co-founder and chief executive Mati Staniszewski in the hot seat. Host Jason Calacanis opened where it stings: revenue, competition, and whether a voi…

Mark Cuban thinks Lovable and Replit can outlast the AI labs
Mark Cuban thinks Lovable and Replit can outlast the AI labs

At RAISE Summit in Paris on Wednesday, “Shark Tank” investor Mark Cuban made the case for AI coding tools like Lovable and Replit, Business Insider reports. They can hold their own against the big AI labs, he argued. The reason: they now bundle service…

Gyre Energy raises $1.3m to make the world’s cold stores work less when power costs most
Gyre Energy raises $1.3m to make the world’s cold stores work less when power costs most

Across a scorching European summer, the least glamorous machines in the economy have been quietly straining. In cold stores and distribution depots, compressors run harder as the mercury climbs, pulling more power at exactly the hours power is dearest….