2026-06-10
The ECB moved to rein in Revolut’s ‘self-guided missiles’, just as a share sale values it at $115bn
The European Central Bank quietly moved to rein in Revolut last year, restricting Europe’s most valuable fintech from launching new products across the European Economic Area over concerns about how fast it approved them, the Financial Times reported on Wednesday. The intervention had not been disclosed before. The ECB paused Revolut’s European arm from releasing […]<br /> This story c [...]
2026-06-10
Icertis veterans raise $7.55 million to build the AI layer that recovers money enterprises don’t know they’re losing
Rivvun AI, a Seattle-based startup founded by former senior executives at contract management platform Icertis, has raised $7.55 million in an oversubscribed seed round co-led by Sitara Capital and 3one4 Capital. The company is building what it calls an autonomous AI execution layer that sits between enterprise systems and recovers money lost in the gap […]<br /> This story continues at Th [...]
2026-06-10
Meta signs its first India data-centre deal, leasing a 168MW AI facility from Reliance
Meta has agreed to lease a 168-megawatt, AI-ready data centre in India from Mukesh Ambani’s Reliance Industries, its first such facility in the country. Reliance will build the site in Jamnagar, Gujarat, and Meta will lease it with an option to scale, the companies said on Tuesday. “This world-class facility in Jamnagar will help us […]<br /> This story continues at The Next Web [...]
2026-06-10
TensorWave raises $350M led by AMD to build an Nvidia-free AI cloud
TensorWave, a cloud provider that runs its AI data centres on AMD chips rather than Nvidia’s, has raised $350M in a Series B round led by AMD and the hedge fund Magnetar Capital. The deal values the Las Vegas startup at $1.55bn. That is nearly four times the roughly $400M valuation it carried a year […]<br /> This story continues at The Next Web [...]
2026-06-10
SK Hynix is planning a US listing of up to $14bn to cash in on the AI memory boom
SK Hynix is preparing to list in the United States in a deal that could raise as much as $14bn as soon as August, according to people familiar with the plan. The Korean memory maker has made a confidential filing for American depositary receipts, and the US Securities and Exchange Commission is expected to review […]<br /> This story continues at The Next Web [...]
2026-06-10
Clarkson's Farm season 5 episode 5 has finally solved the Richard Ham mystery after 'emotional' pig cliffhanger — and there's a hilarious new connection to Top Gear
Clarkson's Farm season 5's biggest mystery has been solved as the whereabouts of Richard Ham are revealed — and of course, there's a new Top Gear-themed twist. [...]