The voice AI startup is reportedly weighing a staff share sale that would value it at nearly double its February funding round, according to people familiar with the discussions. ElevenLabs is in early talks with investors about an employee tender offe…
Anduril has become the poster child for a faster, software-speed kind of defence contractor. Last Friday, one of its rocket motors blew up on a test stand in Mississippi. The blast is a small setback that carries an outsized message about how hard buil…
Europe has a new defence-tech heavyweight. Quantum Systems, a German maker of autonomous drones, has raised $1.2bn and more than doubled its valuation to about $8bn. It is one of the largest rounds ever for a European defence startup. The Bavarian comp…
Instead of just selling chips, Nvidia is offering AI clouds a revenue-sharing and credit-support model built to get GPUs into the hands of companies that could not otherwise afford them. Nvidia is changing how it gets paid. The company announced on Wed…
For 30 years, small businesses fought to rank on Google. Now their customers are asking ChatGPT instead. A New York startup wants to make sure the local salon still shows up. The startup is Pie, and it has just stepped out of stealth with money to matc…
Fusion’s hard problem was making more energy than you put in. The next one is turning that energy into cheap electricity. A Wisconsin startup says it has taken a first step, by lighting a few bulbs straight from its reactor. The company is Realta Fusio…
The AI boom needs somewhere to live. Data centres, power lines, and factories all start with months of paperwork before a single wall goes up. A British-founded startup says its AI can cut that grind by 95 per cent. The company is Build, and on Tuesday…
The buzziest corner of finance AI is not the trading desk. It is the dull middle office, where staff keep thousands of portfolios in line with spreadsheets. A London-founded startup just raised $27mn to automate exactly that. The company is MDOTM. It h…
A Silicon Valley startup says it has built a pharmacy with no pharmacist behind the counter. Sealed bottles go in, filled and checked prescriptions come out, in about a minute. The company, Queue, came out of stealth on Tuesday with a working machine a…
Canada just produced the biggest Series A in its defence history. The money is going into autonomous drones and the software to run a war in the Arctic. Dominion Dynamics, an Ottawa defence-technology company, has raised CA$139mn ($100mn) in a Series A…