A startup that lets AI hack your own network just tripled to $2bn, days after AI models hacked networks for real.
A startup that lets AI hack your own network just tripled to $2bn, days after AI models hacked networks for real.

A company whose product is an AI that hacks your network has just tripled in value. It did so in the same week that AI hacking stopped being hypothetical. Horizon3 has raised a $250m Series E at a valuation above $2bn, up from $650m a year ago. The tim…

Trump-backed American Bitcoin posts $57m loss but grows its BTC treasury
Trump-backed American Bitcoin posts $57m loss but grows its BTC treasury

American Bitcoin lost money again in the second quarter, and kept buying bitcoin anyway. The Trump-family-backed miner reported a net loss of $57.2m for the three months to June, narrower than the $81.8m loss it booked the quarter before. Mining revenu…

Yellow.ai is going public to buy the call centres it wants to replace with AI
Yellow.ai is going public to buy the call centres it wants to replace with AI

Most AI companies want to sell software to call centres. Yellow.ai wants to buy the call centres. The enterprise-AI firm has agreed to go public through a merger with a blank-cheque company. It plans to spend much of the money acquiring the outsourcing…

A two-year-old battery startup just hit $13bn by turning American homes into grid capacity.
A two-year-old battery startup just hit $13bn by turning American homes into grid capacity.

A home-battery company that did not exist three years ago is now worth $13bn. Base Power has raised $1bn in a Series D and launched its own battery, Base Core. The bet behind the number is blunt: the grid cannot keep up with America’s power demand, and…

Fusion’s best-funded bet raised another $1bn, and hired the banker who took Moderna public
Fusion’s best-funded bet raised another $1bn, and hired the banker who took Moderna public

The AI boom needs colossal amounts of electricity. That has turned fusion, forever mocked as “30 years away,” into one of the hottest bets in tech. The best-funded player just raised another $1 billion. Commonwealth Fusion Systems, based in Massachuset…

Everyone else is shrinking satellites. K2 raised $500m to build giant ones, and put AI in orbit.
Everyone else is shrinking satellites. K2 raised $500m to build giant ones, and put AI in orbit.

Most satellite startups are racing to build smaller. K2 Space is going the other way, on purpose. Investors just handed it $500 million to keep going bigger. K2 raised a $500 million Series D at a $6.8 billion valuation, it said on Thursday. Kleiner Pe…

The unsexy layer AI agents actually need: DataBahn raises $40m to sell it
The unsexy layer AI agents actually need: DataBahn raises $40m to sell it

The glamorous part of AI is the models. The expensive, unglamorous part is getting them the right data. A startup just raised $40 million betting that job is the next big enterprise layer. DataBahn, a Texas company founded in 2023, has closed a $40 mil…

A $2 sticker defeats the one feature holding Meta’s ‘pervert glasses’ together
A $2 sticker defeats the one feature holding Meta’s ‘pervert glasses’ together

Meta’s answer to the “pervert glasses” problem was a small light. It switches on when the camera records, to warn anyone nearby. A sticker costing a couple of dollars switches it off. Engadget’s Karissa Bell tested the workarounds now on sale, cheap LE…

Oracle put its cloud rival’s AI inside its business apps, and the stock jumped 8%
Oracle put its cloud rival’s AI inside its business apps, and the stock jumped 8%

Oracle has just put its cloud rival’s AI at the heart of the software its customers run their businesses on. Investors cheered. The company said on Thursday it is expanding its Google Cloud partnership to bring Gemini into Oracle’s enterprise applicati…

AI search is fragmenting, ageing and filling with ads
AI search is fragmenting, ageing and filling with ads

A year ago, AI search was basically one product with one name: ChatGPT. A new report says that era is already over. Similarweb’s 2026 Generative AI Landscape report tracks a market that is booming and splintering at once. Generative AI websites drew 9….