2026-04-24
The Helsinki-based company, formerly DataCrunch, is backed by Lifeline Ventures, byFounders, Tesi, Varma, and a group of Nordic lenders. It is already cash-flow positive, holds Nvidia Preferred Partner status, and plans to hire more than 100 people this year. Verda, the Helsinki-based AI cloud infrastructure company formerly known as DataCrunch, has raised $117 million in […]<br /> This st [...]
2026-04-24
Rising electricity costs in the UK are pushing AI firms to move workloads overseas, weakening domestic ambitions and strengthening global competitors. [...]
2026-04-24
X-Energy sold 44.3 million Class A shares at $23 each, above the $16–$19 marketed range, and began trading on Nasdaq under the ticker XE on 24 April. The company has $1.8 billion in prior private capital, a $500 million Amazon-led Series C-1, and a binding commitment from Amazon to buy up to 5 gigawatts of […]<br /> This story continues at The Next Web [...]
2026-04-24
Cohere’s shareholders will receive approximately 90% of the combined entity; Aleph Alpha’s shareholders approximately 10%, making this effectively a Cohere acquisition in merger framing. The German government is set to become an anchor customer. Both digital ministers attended the Berlin announcement. Cohere, the Toronto-based enterprise AI company, and Aleph Alpha, the Heidelberg-based German [...]
2026-04-24
The Hangzhou startup released preview versions of both models on Hugging Face on Friday. V4-Pro claims top performance on coding and maths among open models, trails only Gemini 3.1-Pro for world knowledge, and falls “marginally short” of GPT-5.4 and Gemini 3.1-Pro, a gap DeepSeek says is “approximately 3 to 6 months.” Both models are open-source. […]<br /> This story continues at T [...]
2026-04-24
A Chinook helicopter successfully performed a fully autonomous landing using Boeing’s system, improving precision, reducing workload, and enhancing operational effectiveness. [...]