Paramount Skydance is still aiming to close its roughly $110 billion acquisition of Warner Bros Discovery by the end of September despite a lawsuit filed by 12 state attorneys general seeking to block the deal on antitrust grounds. Jeffrey Kessler, Par…
IBM issued preliminary second-quarter results on Monday showing revenue of roughly $17 billion, up one percent year over year but well below the $18 billion that analysts had expected. Shares fell as much as 17 percent in premarket trading, erasing wee…
Moneybox is Europe’s newest unicorn, worth £800m, or $1.1bn. But no fundraise set that price. Staff did, by selling shares on London’s untested new private market. Moneybox, the British savings and investing app, is now a unicorn. It has put a value of…
One of the most decorated minds in AI is striking out alone. Richard Sutton shared the 2024 Turing Award for founding modern reinforcement learning. On Monday he said he is leaving John Carmack’s startup Keen Technologies to start a new one, Oak Lab. H…
Munich’s Helsing has raised $1.8bn at an $18bn valuation, making it Europe’s largest defence startup. The round is a bet on sovereign AI. A lot of the money paying for it is American. Europe’s biggest defence startup just got a lot bigger. On Monday He…
Tom Blomfield built two of Britain’s best-known fintech companies. Now the Monzo founder is joining Anthropic, and his job is to help crack the AI industry’s hardest problem: compute. One of the biggest names in UK tech is heading to one of the most va…
The race to automate the office just gained a third runner. Cursor is building Sand, a general-purpose agent to rival Claude Cowork. Whether it ever ships may come down to Elon Musk. Cursor made its name as a tool for people who write code. Now it is b…
A shiny new VC firm named the AI pioneer as a partner on Friday morning. By Friday night, the fund did not exist. Yann LeCun has had a busy year. Now he has had a strange one. On Friday, a new venture firm called Extelligence Invest named the man often…
Yann LeCun is not a natural contrarian, but he is playing one right now. The man often called a godfather of AI built the convolutional neural network in the late 1980s. That design still powers phone cameras, medical scans, and driver-assistance syste…
While the world watched the World Cup, robots played their own version in Incheon. RoboCup 2026 ran from 30 June to 6 July in Songdo, drawing teams from dozens of countries. When the whistle blew, one name was behind every winner. Teams using robots fr…