OpenAI is turning Codex from a coding tool into an enterprise work platform, and non-developers are adopting it 3x faster than engineers
OpenAI is turning Codex from a coding tool into an enterprise work platform, and non-developers are adopting it 3x faster than engineers

OpenAI announced a major expansion of Codex on Tuesday, transforming its AI coding agent into a broader enterprise work platform with three new capabilities: Sites, a feature that lets users create and share hosted interactive web applications; Annotat…

A German startup raised $240 million to commercialise the only fusion experiment that has ever produced net energy
A German startup raised $240 million to commercialise the only fusion experiment that has ever produced net energy

Focused Energy, a Germany-based fusion startup, has raised an oversubscribed $240 million Series A round to develop a commercial reactor based on the same approach that produced the world’s first controlled fusion reaction with net energy gain. The rou…

SpaceX’s first employee just raised $500 million for the company that moves satellites once rockets put them in the wrong orbit
SpaceX’s first employee just raised $500 million for the company that moves satellites once rockets put them in the wrong orbit

Impulse Space, the orbital transfer vehicle startup founded by Tom Mueller, has raised $500 million in a Series D round that values the company at $4.26 billion. The round was co-led by 137 Ventures and Banner VC, with participation from existing inves…

Meta takes its 13+ teen content settings global across Instagram, Facebook, and Messenger
Meta takes its 13+ teen content settings global across Instagram, Facebook, and Messenger

Meta is taking its “13+” content settings for Teen Accounts global. The company said today that the setting, which it likens to a movie rating, will now apply by default to teenagers across Instagram, Facebook, and Messenger worldwide, extending a syst…

SoftBank is reportedly in early talks to back an $800m Agile Robots round
SoftBank is reportedly in early talks to back an $800m Agile Robots round

SoftBank, it seems, is not done buying robots. The Japanese group is in early talks to back a new funding round of around $800m (€700m) for Agile Robots, the Munich startup that builds robot arms, warehouse machines, and humanoids, according to Bloombe…

Jensen Huang says pay workers ‘as much as possible’ days after Nvidia commits 50% of free cash to shareholders
Jensen Huang says pay workers ‘as much as possible’ days after Nvidia commits 50% of free cash to shareholders

Jensen Huang’s comments at Computex defend the Samsung bonus structure that delivers $400,000 to chip engineers, but land alongside an $80bn Nvidia buyback announced two weeks ago. Jensen Huang, the Nvidia chief executive, told reporters on the sidelin…

Australia’s biggest bank says corporate AI is racking up bigger bills and producing ‘work slop’
Australia’s biggest bank says corporate AI is racking up bigger bills and producing ‘work slop’

CBA chief executive Matt Comyn used the phrase ‘work slop’ to describe the low-quality AI output now flowing through corporate workflows, as token-billed AI costs scale with task complexity. Matt Comyn, chief executive of the Commonwealth Bank of Austr…

Mach Industries quadruples to $1.8bn as the Pentagon’s drone-dominance push lifts every defence-tech valuation
Mach Industries quadruples to $1.8bn as the Pentagon’s drone-dominance push lifts every defence-tech valuation

The Huntington Beach defence-tech startup, run by a 22-year-old MIT dropout, has raised a $300M Series C at a $1.8bn valuation, nearly 4x its mark from June 2025. Mach Industries, the three-year-old defence-tech startup run by 22-year-old founder and c…

Alphabet to raise $80bn in equity to fund its AI spending
Alphabet to raise $80bn in equity to fund its AI spending

Alphabet is raising $80bn in equity, an unusually large sum for a company that has rarely needed to ask. The Google parent announced the plan on Monday to help fund what it called investment in world-class AI compute infrastructure to meet unprecedente…

GoPro warned it may not survive. The AI memory crunch is killing companies that make things people hold.
GoPro warned it may not survive. The AI memory crunch is killing companies that make things people hold.

GoPro warned on Monday that there is “substantial doubt about the company’s ability to continue as a going concern.” The action-camera maker reported a 26% revenue decline in Q1 and expects to breach several loan covenants. Shares fell as much as 14%. …