Sequoia raises $7 billion for its biggest-ever late-stage fund

The Silicon Valley institution has closed roughly $7 billion for its expansion strategy fund, nearly doubling its comparable 2022 vehicle. Alfred Lin and Pat Grady, who took over as co-stewards in Nov [...]

Ericsson narrowly misses Q1 profit forecasts as North America unwind

The Swedish telecoms equipment maker narrowly missed profit forecasts, with adjusted EBITA falling 20% year-on-year to SEK 5.6 billion. North America, which drove a 20%+ surge in Q1 2025, declined sha [...]

OpenAI launches GPT-Rosalind, a specialised AI model for drug discovery and life sciences research

Named after the crystallographer who helped reveal the structure of DNA, GPT-Rosalind is OpenAI’s first domain-specific model series, fine-tuned for biochemistry, genomics, and protein engineering. [...]

DeepL launches real-time voice-to-voice translation in 40+ languages

The Cologne-based translation company best known for its text tools has unveiled a full voice product suite covering meetings, conversations, group settings, and an API for enterprise integration. A l [...]

AlixLabs closes €15M Series A to commercialise the atomic etching technology

AlixLabs, the Lund-based semiconductor process startup developing Atomic Pitch Splitting (APS™), has completed its €15M Series A with a strategic top-up from Finnish investor Stephen Industries. T [...]

ONWARD Medical raises €40.6M to advance its spinal cord stimulation implant

The Eindhoven neurotechnology company is using the proceeds to fund its Empower BP pivotal trial, which tests whether its implantable ARC-IM® system can treat blood pressure instability after spinal [...]

EU awards its €180 million sovereign cloud contract to four European providers

Post Telecom (with CleverCloud and OVHcloud), StackIT, Scaleway, and Proximus (with S3NS, a Thales – Google Cloud joint venture, plus Clarence and Mistral) have won the European Commission’s six-y [...]

Dropbox brings its files, Dash search, and Reclaim calendar into ChatGPT with three new apps

The storage company is launching a Dropbox file app, a Dropbox Dash enterprise search app, and a Reclaim AI calendar app inside ChatGPT, letting users access, save, and act on their work without leavi [...]

Volvo’s parent Geely is selling a $15,000 electric SUV with massaging seats and 600 km of range

In short: Geely, which owns Volvo, Polestar, Lotus, and Zeekr, has launched the EX5, a battery-electric SUV starting at 109,800 yuan (~$15,300) with massaging seats, a 1,000-watt sound system, and up [...]