Earlybird closes €360M Fund VIII, its largest ever, with a new perpetual ownership model and a deeptech-first thesis
The Berlin firm, founded in 1997, has raised a new fund every three to four years through every market cycle. Fund VIII is oversubscribed, manages €2.5 billion across strategies, and bets heavily on AI infrastructure, foundation models, and deeptech. Earlybird Venture Capital has closed its eighth early-stage fund at €360 million, the largest in the […]<br /> This story continues at The Next Web [...]
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360 Capital raises €85M for deeptech fund backed by European defence prime
The Paris-Milan VC’s new vehicle is the latest sign that European investors are hardwiring defence into their deeptech strategy. There is a version of this story that could have been told three year [...]
Microsoft built Phi-4-reasoning-vision-15B to know when to think — and when thinking is a waste of time
Microsoft on Tuesday released Phi-4-reasoning-vision-15B, a compact open-weight multimodal AI model that the company says matches or exceeds the performance of systems many times its size — while co [...]
Baidu just dropped an open-source multimodal AI that it claims beats GPT-5 and Gemini
Baidu Inc., China's largest search engine company, released a new artificial intelligence model on Monday that its developers claim outperforms competitors from Google and OpenAI on several visio [...]
Mistral AI just released a text-to-speech model it says beats ElevenLabs — and it's giving away the weights for free
The enterprise voice AI market is in the middle of a land grab. ElevenLabs and IBM announced a collaboration just this week to bring premium voice capabilities into IBM's watsonx Orchestrate plat [...]
Arcee aims to reboot U.S. open source AI with new Trinity models released under Apache 2.0
For much of 2025, the frontier of open-weight language models has been defined not in Silicon Valley or New York City, but in Beijing and Hangzhou.Chinese research labs including Alibaba's Qwen, [...]
85% of NATO’s defence-tech funding goes to the US. AVP and Earlybird raised €500M to change that.
Europe is pledging hundreds of billions to defence. Almost none of the venture money funding the technology behind it is European. Since 2019, the US has captured around 85 per cent of all NATO defenc [...]
Fine-tuning forgets. RAG leaks context. Hypernetworks build the model your agent needs on demand.
Enterprise teams keep watching the same thing happen. An AI agent demos beautifully, goes to production, and stalls: it runs for a short stretch, then needs a human to top up its context and check its [...]