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Category Archives: Tech
Elon Musk’s Neuralink raises $600M at $9B valuation
Elon Musk’s brain implant startup, Neuralink, has raised $600 million in a funding round that values the company at $9 billion pre-money, Semafor reported, citing anonymous sources. Semafor did not mention the investors involved in the round. Neuralink last raised … Continue reading
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Goldman-backed Starling Bank reports 26% drop in annual profit as it flags Covid loan fraud issue
British neobank Starling posted an annual profit before tax of £223.4 million, down nearly 26% year-on-year.
China and tariffs have wiped off $130 billion from critical chip firm ASML since peak value
ASML, like many chip firms, has been hit by restrictions on exports to China and U.S. tariff uncertainty.
Litehaus raises €1.46M pre-seed to build home-building platform
All Thibault Launay and his wife Simi wanted nearly five years ago was to build a dream home in Portugal, where they both now live. But what they encountered instead was a broken system. “Fourteen months of delays, 20% budget … Continue reading
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Opera’s new browser can code websites and games for you
Opera’s new browser, called Opera Neon, will focus on AI workflows and performing tasks for you, like shopping, coding and generating reports.
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Humain planning $10B VC fund to invest in US, European and Asian startups
Humain, the state-owned AI company from Saudi Arabia, is reportedly on track to launch a $10 billion venture fund, Humain Ventures.
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The U.S.’ AI love affair with the UAE isn’t just about access — it’s about dominance
The UAE seeks to expand its geopolitical influence while the U.S. needs cheap, abundant power and international partners to stay ahead of China in the AI race.
Getty Images spending millions to battle a ‘world of rhetoric’ in AI suit, CEO says
Getty Images is spending “millions and millions of dollars” on its legal case against Stability AI, the photo licensing company’s CEO Craig Peters told CNBC.
SpaceX’s Starship explodes for third time in a row, Musk promises more frequent launches
SpaceX’s Starship system exploded on Tuesday in a test flight, the third consecutive setback for the rocket company.
Musk’s role leading DOGE qualifies as ‘continuing and permanent,’ federal judge says
A district court judge in Washington, D.C., said on Tuesday that Elon Musk has an expansive role in the federal government.