BusinessBolt and Lucid sign preliminary deal to pursue at least 25,000 robotaxis across EuropeBolt and Lucid have signed a non‑binding agreement to deploy at least 25,000 autonomous taxis in Europe, a move Lucid says could help stabilise its finances.3 min read
BusinessVantora secures $100M to build corporate-focused physical AI startupsVantora, the startup lab formerly known as UP.Labs, received a $100 million investment from Silversmith Capital Partners to expand its work building AI-driven physical solutions for corporate customers.3 min read
BusinessAnthropic operates a Bay Area wet lab for fundamental biology alongside its AI workAnthropic has confirmed it runs a wet biology laboratory in the San Francisco Bay Area where its AI models can inform and help run physical experiments, with the company saying the facility focuses on fundamental biology rather than drug discovery.3 min read
BusinessAnthropic embeds Accenture evaluators in multi‑billion dollar safety partnershipAnthropic said staff from Accenture’s AI division, Faculty, will work inside the company to evaluate, red‑team and test safeguards for its models, in a collaboration both firms expect to fund with at least $1 billion over five years.3 min read
BusinessBanks extend $22B loan to Crux AI, signaling neoclouds as an asset classTen banks have provided a $22 billion loan package to Crux AI, the newly launched cloud venture of Blackstone and Alphabet, with the financing secured by purchased Google TPU chips and customer contracts.2 min read
BusinessManus resumes independent operations, seeks $500M funding at $4B valuationChinese AI startup Manus has restarted independent operations and is in talks to raise $500 million at a $4 billion valuation, according to The Wall Street Journal.2 min read
BusinessPlora AI pivots to robotic disassembly of high‑voltage EV batteriesAfter a failed demo and months of searching for a scalable use case, Plora AI redirected its machine‑vision stack from logistics to automating the dangerous, variable task of disassembling high‑voltage electric and hybrid vehicle batteries.4 min read
BusinessNvidia expects chip sales could double next year as AI demand spreadsNvidia CEO Jensen Huang told Bloomberg that the company could sell up to twice as many AI-accelerator chips next year, driven by rapid AI adoption across industries.2 min read
BusinessCrusoe raises $3.9B Series F, valuing company at $30.9B to fund modular AI data centersCrusoe raised $3.9 billion in a Series F round led by Atreides Management, Mubadala Capital and Valor Equity Partners, boosting its valuation to $30.9 billion.2 min read
BusinessHuawei plans two AI-focused chips for 2027 and develops large-scale interconnect techHuawei Technologies said it plans to launch two new AI-optimized chips in 2027 and is developing interconnect technology to link large numbers of processors into single systems.2 min read
BusinessIcelandic startup Treble raises $18M to simulate and test voice AI for hardware and modelsTreble, an Icelandic startup founded in 2020, has secured an $18 million extension to its Series A led by Paladin Capital Group, bringing its total funding to over $40 million after a $12 million round in 2024.2 min read
BusinessPacing the AI frontier reflects business incentives as much as technological limitsReed argues that calls to slow progress at the AI frontier reflect the financial interests of leading lab executives as much as safety concerns.3 min read
