Identity and access management has become a foundational component of enterprise cybersecurity, but the systems organizations buy to manage identity often create a second problem: making those systems work across the full complexity of the enterprise. …
China has a new most valuable listed company, and it makes the chips inside your phone. CXMT, formerly ChangXin Memory Technologies, closed its Shanghai debut up 466% on Monday, the South China Morning Post reported. That values the Hefei firm at 3.28 …
Spanish deeptech company that shrinks large language models wants investors to bet that efficiency, rather than sheer scale, is where the next stretch of AI money gets made. Multiverse Computing, based in San Sebastián in Spain’s Basque Country, has op…
Europe’s ambition to stop hitching rides on someone else’s spacecraft now has a rough price tag. The Exploration Company, the Munich-based startup building what it bills as Europe’s first reusable space capsule, is in talks to raise at least $300mn, ac…
Every accelerator makes a version of the same offer: capital, mentorship, a network, three months of support, and materially better odds of survival. Evidence suggests that little of it actually works. In April, Youn Baek and Deepak Hegde of NYU Stern …
DeepSeek has suspended its second fundraising round after comments made by founder Liang Wenfeng during private investor meetings were leaked and went viral on Chinese social media, Bloomberg reported on Friday. Liang verbally informed prospective back…
Genesis AI, the startup building foundation models that it hopes will run inside a wide range of robots, is in talks to raise about $500m, according to Bloomberg. A round of that size would value the company at roughly $3bn, capping a fast climb for a …
Nvidia has agreed to give Amkor Technology a $1.5 billion prepayment to expand advanced semiconductor packaging and testing in the United States, tightening a supply relationship that already sits behind its data-centre chips. The agreement, announced …
Cathedral, a stealth military cybersecurity startup founded by four former Department of Government Efficiency staffers, has raised $160 million at a $1.4 billion valuation. Andreessen Horowitz and Sequoia Capital led the round and both took board seat…
Travis Kalanick is back, and Uber is helping to fund him. The founder Uber forced out in 2017 has raised $1.7 billion for Atoms, an industrial-AI and robotics company he has built in near-total stealth for years. Andreessen Horowitz led the round. Its …