Blackstone invests in South Korea’s Futronic to ride the robotics boom
Blackstone invests in South Korea’s Futronic to ride the robotics boom

Blackstone is buying into Futronic, a South Korean maker of the high-precision actuators that let machines move, in a wager that the least visible hardware in a robot is where the next returns will sit. The firm did not disclose the size of the investm…

Korea’s AI chip market is now the opening bell for global stocks
Korea’s AI chip market is now the opening bell for global stocks

Fund managers in London, New York, and Tokyo have added a new step to their morning routine: checking South Korean stocks. Korea’s $4 trillion equity market is now offering an early read on global AI risk appetite, as swings in SK Hynix and Samsung rip…

Moonshot plans to list in Hong Kong within six months at a $30 billion valuation
Moonshot plans to list in Hong Kong within six months at a $30 billion valuation

Moonshot AI has told investors it is preparing to list in Hong Kong in as soon as six months, Bloomberg reported on Saturday. The company has distributed a shareholder resolution seeking backing for the IPO and is wrapping a fundraising round that may …

Nebius raised $775 million by borrowing against its GPUs. It has $40 billion more contracts to securitise.
Nebius raised $775 million by borrowing against its GPUs. It has $40 billion more contracts to securitise.

Nebius raised $775 million in its first secured debt facility, borrowing against deployed GPU infrastructure and contracted cash flows from an investment-grade customer. The facility matures on October 31, 2030, and is priced at SOFR + 2.50%, roughly 6…

TSMC posted record $40 billion revenue. Its stock fell 4%. Investors are no longer buying the AI spending story on faith.
TSMC posted record $40 billion revenue. Its stock fell 4%. Investors are no longer buying the AI spending story on faith.

TSMC posted record second-quarter revenue of over $40 billion, up 36% year on year, with net income rising 77%. The result should have been a triumph. Instead, shares fell 4%, dragging the Nasdaq 100 down 1.4% on Thursday and compounding losses from th…

Apple overtakes Nvidia to reclaim the title of world’s most valuable company at $4.88 trillion
Apple overtakes Nvidia to reclaim the title of world’s most valuable company at $4.88 trillion

Apple overtook Nvidia on Friday to become the world’s most valuable company for the first time since April 2025. Apple closed at roughly $4.88 trillion as its shares held steady, while Nvidia fell 3.5% to approximately $4.86 trillion. Nvidia had held t…

Agentic AI is moving from drafting doctors’ notes to routing their patients. Bunkerhill just raised on it.
Agentic AI is moving from drafting doctors’ notes to routing their patients. Bunkerhill just raised on it.

A healthcare AI startup has raised fresh funding to push AI agents deeper into hospital operations. Bunkerhill Health closed a Series B led by Khosla Ventures, bringing total funding to $55m, HIT Consultant reports. The pitch is a platform, not a produ…

The AI boom’s least glamorous winner just filed for a $5bn listing, and it wires Google and Amazon’s data centres
The AI boom’s least glamorous winner just filed for a $5bn listing, and it wires Google and Amazon’s data centres

While attention fixes on Nvidia and the AI models, the companies quietly wiring the data centres together are booming. Eoptolink, a Chinese maker of high-speed optical transceivers, has filed for a Hong Kong listing that could raise up to $5bn, Bloombe…

a16z is backing Runta, a startup that wants to ‘parent’ your AI agents
a16z is backing Runta, a startup that wants to ‘parent’ your AI agents

AI agents can now book travel, write code and spend money on your behalf. That power is also the problem. A new startup called Runta has raised $20 million to keep those agents from doing damage. Andreessen Horowitz (a16z) led the round, which values R…

French startup Syntetica raised $30M to recycle the nylon fashion throws away
French startup Syntetica raised $30M to recycle the nylon fashion throws away

A French startup has raised $30 million to tackle one of fashion’s hardest waste problems. Syntetica recycles nylon, and it can process two grades at once that the industry has long struggled to pull apart, its founder told TechCrunch. The Ecotechnolog…