2026-07-30
Satellite manufacturer K2 Space has raised $500 million in a Series D round that values the company at $6.8 billion, as Bloomberg first reported on July 30, 2026. Kleiner Perkins and Iconiq co-led the round, with Lightspeed Venture Partners, Alphabet's growth fund CapitalG, and Altimeter Capital Management among the other backers. The valuation is the part worth sitting with. K2 announced a $ [...]
2026-07-30
Nscale, the London AI-cloud company that owns its own power and data centres, is buying its way up the stack. It has agreed to acquire Anyscale, the startup behind the widely used Ray software. Bloomberg reported the deal at about $1.65bn. Nscale announced the acquisition on Thursday but did not put a price on it. […]<br /> This story continues at The Next Web [...]
2026-07-30
EY has built what it calls an “AI router,” a system that steers each task to the cheapest model that can handle it, in an effort to keep its own soaring AI bills under control. The tool, reported by Business Insider, is the Big Four firm’s answer to a problem now spreading across corporate IT: […]<br /> This story continues at The Next Web [...]
2026-07-30
The European Commission has opened the bidding to build up to seven AI “gigafactories,” vast computing hubs meant to give the bloc the raw power to train frontier AI models without depending on the United States. The call for tenders, launched today, is pitched as a roughly €30 billion effort to close the gap with […]<br /> This story continues at The Next Web [...]
2026-07-30
Work does not look like it did three years ago. Employees now assemble their own toolkits daily: AI agents that act on their behalf, browser extensions that reshape how they read and write, code packages pulled from public registries, MCP servers connecting one tool to another. AI tools are no longer optional. They are how […]<br /> This story continues at The Next Web [...]