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Dutch semiconductor equipment giant ASML has invested $1.5 billion in French artificial intelligence developer Mistral, valuing it at $11.7 billion, up from a $6 billion valuation last year, Reuters reported. ASML will be the startup’s biggest outside shareholder and will take a board seat, the ...
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"Slop bowl" chains like Cava, Sweetgreen, and Chipotle have been struggling with slumping sales. I taste-tested the three chains to see why. Read more ›
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Roger Corell, senior director of AI and leadership marketing at Solidigm, tells us about soaring SSD capacities, the future of QLC, and why AI workloads are driving the shift from HDDs. Read more ›
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I'm bringing you all the news, rumors and analysis for the likes of the iPhone 17, iPhone 17 Pro, Apple Watch 11 and AirPods Pro 3, so you're ready for big Apple showcase. Read more ›
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EU-Startups has learned that Athens-based BOATSCRIBE, a metasearch platform for yacht rentals, has raised over €250k in pre-Seed to make yachting a mainstream and accessible part of global travel experiences and services. The round was led by Sylke Hizli and Osman Hizli from EOS Yacht Charter, with participation from Andrew Tsarenko from Stark Shipping. “Within ... Read more ›
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Dutch-based Reavant, a developer of AI agents for real estate management, has received a convertible loan as it plans to expand further in Europe. Haarlem-based Reavant, a Dutch developer of AI agents for real estate management, has received a €350,000 convertible loan from Amsterdam’s North Holland Innovation Fund to continue developing its platform. The Innovatiefonds ... Read more Read more ›
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The economic fallout is squeezing the Kremlin's wartime finances — and Moscow's financial backbone. Read more ›
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Rosé's hit song with Bruno Mars, "APT," won the "Song of the Year" award at the 2025 VMAs. It's the first K-pop song to have won the VMAs category. Read more ›
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Aarhus, Denmark-based Understory, a software company that offers business bookings, payments, a dashboard, and marketing services, has raised €12M in a Series A funding round. The round was led by London-based Smedvig Ventures, a high conviction investor backing the best of B2B tech across Europe. “Understory stands out with a stellar team, a clear vision, ... Read more Read more ›
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Phones with thinner designs are enjoying a moment. But while thin phones usually suffer poor battery life, batteries with silicon-carbon anodes are helping circumvent that notion. Read more ›
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I opened TikTok while visiting Germany last week and stumbled across a Vodafone ad being presented by a woman who probably doesn’t exist. The ad includes several “tells” that suggest the presenter was artificially created using generative AI — the unnatural style and movement of her hair, the way her moles disappear, and the uncanny […] Read more ›
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Zelenskyy's tally indicates that nearly a fifth of Russia's latest drone wave was downed by interceptors, Kyiv's emerging, cheap air defense. Read more ›
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Cybercriminals have invented an insidious way to seize control of vulnerable AIs, and the models you use on your phone or computer could be vulnerable. Here's how to stay safe. Read more ›
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A 53-year-old job seeker who's been looking for work for 14 months says he thinks companies are ruling out older workers too soon. Read more ›
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There are a few consistent rumors surrounding the iPhone 17 Pro's camera experience. Here are three that I hope hold water. Read more ›
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AI is power and resource hungry, but many companies believe its benefits still outweigh all of that. Read more ›
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Navigate the world of plug-in hybrids with ease, from smart charging tips to simple road trip planning that helps you stay on electric power. Read more ›
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From cryotherapy beds to Himalayan salt rooms, here's a look inside 5 Wall Street gyms from Citadel to Goldman Sachs. Read more ›
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David Shelley is the CEO of Hachette Book Group & Hachette UK. The AMA sessions have helped create a more transparent pay rubric for employees. Read more ›
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Google is one of the largest buyers of Nvidia’s artificial intelligence chips, which it rents out to Google Cloud customers such as OpenAI and Meta Platforms. But Google’s grand ambitions for its own competing AI chips show no sign of slowing down. In the latest example, Google recently approached small cloud providers that primarily rent out Nvidia chips about also hosting Google’s AI chips in their data centers, according to... Read more ›
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KKR is bringing on former Amazon Web Services boss Adam Selipsky as a strategic advisor to bolster the private equity firm’s big bets on data centers and the technical infrastructure powering artificial intelligence. Selipsky will advise on strategy, capital allocation and governance for KKR’s ... Read more ›
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A small cloud provider for artificial intelligence that’s preparing to go public has secured a major boost from its most important supplier: Nvidia. The chip giant agreed this summer to rent 10,000 of its own AI chips from the cloud firm, Lambda, for $1.3 billion over four years, and a separate $200 million deal to rent 8,000 more Nvidia chips over an unspecified time frame, according to a person with... Read more ›
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Joint ventures. Backstop agreements. Syndicated debt offerings. The richest tech companies and their bankers are developing increasingly complicated financial strategies to meet the soaring demands of funding artificial intelligence. The goal for companies like Google and Meta Platforms is to stay ahead in the AI race while offloading some of the costs and risks of the buildout. Meta is raising $29 billion for a joint venture to build a data... Read more ›
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The NFL, the world’s richest and most powerful sports league, would like you to know something: It is not thrilled with the way Nielsen measures its TV audience. Earlier this week, the NFL took the extraordinary step of criticizing media measurement firm Nielsen, which the football giant argued is undercounting the number of viewers for its games by millions of people. While plenty of television broadcasters have groused about Nielsen... Read more ›
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Nasdaq is stepping up its scrutiny of companies listed on its exchange that are aiming to get a stock price boost by raising money to buy and hoard crypto, according to company filings and people familiar with the matter. The exchange’s move could slow the crypto boom that is putting increasingly exotic tokens on mainstream markets. The stock exchange, where the vast majority of crypto stocks are trading, is requiring... Read more ›
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U.S. tech merger activity is headed for its best year since 2021—driven in part by enterprise software and other older tech companies acquiring artificial intelligence startups to beef up their AI offerings. So far this year, U.S. software companies have spent nearly $33.8 billion on 140 completed AI acquisitions, surpassing the combined volume of the past three years, according to data provider PitchBook. During the same period, U.S. companies have... Read more ›
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Lambda, a cloud provider that rents out Nvidia graphics chips for artificial intelligence, has hired investment banks to prepare for an initial public offering in the U.S., according to people with direct knowledge of the talks. The San Jose, Calif.-based startup has hired Morgan Stanley, J.P. Morgan and Citi to prepare for a listing as soon as the first half of next year, the people said. The 13-year-old company is... Read more ›
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OpenAI could spend $10 billion next year on the artificial intelligence chip it is co-designing with Broadcom, according to a report in The Financial Times. The report indicated that mass production of OpenAI’s chip would begin next year. During Broadcom’s earnings call on ... Read more ›
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We’re in the midst of an M&A boom—for artificial intelligence startups. Among the latest: Nvidia last month bought Solver, according to a person with direct knowledge of the deal. The three-year-old startup formerly known as Laredo Labs has developed an AI coding agent that completes software development tasks for users. The company raised $8 million in financing from investors including Radical Ventures and Horizons Ventures. The Solver purchase is just... Read more ›
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08.09.2025 07:55
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