Nvidia and Dell back AI cloud startup Volta at a $2.4bn valuation

A new company wants to be the one that pays for everyone else’s AI chips. Volta Infra Holdings has raised $300m in venture funding and lined up a further $5bn in financing to help a broader range of [...]

Silicon Valley’s rift over open source pushes back contemplated White House bans on Chinese AI

The Trump administration discussed sanctions and cloud bans targeting Chinese open-source AI models, according to the New York Times. OpenAI and Anthropic pushed for restrictions, while Nvidia, Google [...]

OpenAI flew influencers to a nature resort to fix its image. The internet called it greenwashing.

OpenAI has an image problem, and it just spent a weekend making it worse. The company flew a group of influencers to a luxury resort to soften how the public sees AI. The internet took one look and ca [...]

OpenAI's luxury influencer retreat is drawing backlash over AI ethics

Critics called the luxury "Summer Club" retreat in upstate New York tone-deaf given concerns about AI data centers and OpenAI's Pentagon contract [...]

Obsidian Security hits a $1.1bn valuation as AI reshapes the threat

Obsidian Security has become the latest cybersecurity company to be repriced upward by artificial intelligence. The SaaS-security firm has raised a fresh funding of $85 Million Series D at a $1.1bn va [...]

Ex-Nubank team raises $85m for Decade, an AI wealth adviser promising “a generation of millionaires”

Two former Nubank executives have raised $85m to build an AI wealth adviser in Brazil. Their backers call it the largest seed round in Latin American history. The startup, Decade, came out of stealth [...]

Philips Hue may be bringing its best ever lightstrip to the back of your TV —but we're primed for a painful price

Hue has mentioned a new Play Pro lightstrip for TVs that isn't currently available to buy. Could it be a TV Omniglow? [...]

Hatch's new clock skips the sleep score and tracks you at night instead - here's how

Hatch's latest clock doubles as a sleep tracker that provides you with actual ways to get a better night's sleep, not just more data. [...]

Polymarket is seeking a new funding round at a $20 billion-plus valuation

The prediction market platform is in early talks to raise about $1 billion, months after closing a $15 billion round in April [...]