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The startup behind Manus AI shuts down its entire China team to reduce geopolitical risks
Butterfly Effect, the startup behind AI agent Manus, has shut down its entire China team to reduce geopolitical risks.<br /> The article The startup behind Manus AI shuts down its entire China t [...]
Meta will fund seven new natural gas plants to power its biggest data center yet
Meta will essentially foot the power bill for the $27 billion mega data center it's building in Louisiana. On Friday, the Wall Street Journal reported that the company struck a deal to fund the e [...]
Samaipata launches €110M fund to back early-stage AI-native startups across Europe
The pan-European VC firm has held its first close at €70M for Fund III, backed by Germany’s KfW, Spain’s SETT, and a network of family offices, with a mandate to find European companies building [...]
VC Montis raises €50M to back Europe’s energy and industrial tech startups
The Warsaw-based fund, backed by the European Investment Fund and the Polish Development Fund, plans 20–25 pre-seed and seed investments in companies working on energy transition, industrial automat [...]
Norway’s $2.2 trillion sovereign wealth fund posts a 1.9% loss in Q1 2026
The world’s largest sovereign wealth fund lost NOK636 billion ($68 billion) in investment returns in the first quarter, driven by the equity slide among large US technology companies. The S&P 50 [...]