Accel raises $5 billion for AI as venture capital bets reach infrastructure scale

In short: Accel has raised $5 billion in new capital, comprising a $4 billion Leaders Fund V and a $650 million sidecar, targeting 20-25 late-stage AI investments at an average cheque size of $200 mil [...]

Anthropic attracts $800 billion valuation offers as revenue hits $30 billion annualised run rate

In short: Anthropic has received investor offers valuing the company at approximately $800 billion, more than doubling its $380 billion valuation from a $30 billion funding round closed just two month [...]

There's yet another study about how bad AI is for our brains

A group of researchers from across the US and the UK have conducted a study on what AI does to our brains and the results are, in a word, grim. These results were published in a paper called "AI [...]

Cadence and Nvidia are bridging the simulation gap that’s slowing down robotics

The two companies announced an expanded partnership at a Cadence conference in Santa Clara on Wednesday. The goal: make robot training data more accurate so physical AI systems reach real-world deploy [...]

Quantum computing pioneer Chad Rigetti is back

Sygaldry Technologies has raised $105M in a Series A led by Breakthrough Energy Ventures, following a $34M seed from Initialized Capital. Its quantum-classical hybrid servers target the $5.2T in AI in [...]

Amazon-backed nuclear startup X-energy files for an IPO that could raise up to $814M

X-energy is targeting a share price of $16–$19, which at the high end values the IPO at around $814M. Amazon led a $500M round and has committed to buying up to 5GW of nuclear power from the company [...]

The Italian deeptech making graphene-based optical chips gets €211M

CamGraPhIC, a subsidiary of Milan-based 2D Photonics, has received European Commission approval for €211M in Italian state funding to industrialise its graphene photonic interconnect technology and [...]

Musk is asking chip suppliers to move at ‘light speed’ for his Terafab AI chip plant

According to Bloomberg, teams from SpaceX and Tesla have approached Applied Materials, Tokyo Electron, Lam Research, and Samsung for price quotes and delivery times on chipmaking equipment.  Teams wo [...]

Apple secretly threatened to pull Grok from the App Store over deepfake nudes

A letter Apple sent to US senators, obtained by NBC News, reveals that Apple rejected an initial Grok update and warned the app could be removed unless xAI made further changes. Only a second submissi [...]