BusinessStartup Physical Superintelligence Deploys 'AI Physicists' to Optimize Data Centers and Plan Interstellar ProbePhysical Superintelligence emerged from stealth with $58 million in funding led by Breakthrough Energy Ventures to apply AI-driven physics research to practical and long-term projects.2 min read
BusinessPalo Alto Networks buys AI help-desk startup Console for $500MPalo Alto Networks has acquired Console, a two-year-old startup that automates routine IT help-desk tasks with AI agents, for $500 million in cash and stock.3 min read
BusinessEU awards €387.8M contract to French state-owned Bull AI for Finland-based AI supercomputerThe European Union has awarded a €387.8 million contract to French state-owned Bull AI to build an AI-optimized supercomputer to be installed in Finland in the second half of 2027.2 min read
BusinessMihajlo Fedorov and Palantir CEO Alex Karp launch joint defence-technology companyMihajlo Fedorov, Ukraine’s recently dismissed defence minister, and Alex Karp, CEO of Palantir Technologies, announced the creation of a joint defence-technology firm aimed at developing systems to strengthen Ukraine and its allies.3 min read
BusinessPangram’s Max Spero: AI detection requires nuance beyond a true/false labelPangram, a startup building AI-detection tools, raised $9 million and partnered with Substack to indicate when newsletters are authored with AI.2 min read
BusinessSB Energy files IPO with no operational data centers, OpenAI appears as primary customerSB Energy, supported by SoftBank, OpenAI and Nvidia, has filed an S-1 to go public despite having no operational data centers and zero revenue from that business.2 min read
BusinessDell posts record quarterly revenue, raises annual guidance on AI server demandDell Technologies reported a record quarterly revenue of $47 billion for the fiscal quarter ended July 31, beating analyst estimates, and raised its full-year guidance for the second time this year.3 min read
BusinessOpenAI and Anthropic Navigate Safety Concerns Ahead of Potential IPOsOpenAI and Anthropic are balancing investor-facing growth narratives with safety reassurances as both prepare for potential initial public offerings.3 min read
BusinessHiddenLayer raises $100M to scale AI-security products amid surging demandAI-security startup HiddenLayer has closed a $100 million Series B led by Delta-v Capital as demand for tools that protect models, agents and AI toolchains accelerates.4 min read
BusinessAdobe acquires Indian marketing intelligence startup Rilo to integrate workflow automation techAdobe has acquired India-based marketing intelligence startup Rilo in a deal that involves licensing Rilo’s intellectual property and hiring its six-person team.3 min read
BusinessAfterQuery’s valuation jumps from $300M to $3.2B in five months after rapid growthAfterQuery, an AI training-data startup from Y Combinator’s Winter 2025 cohort, has secured a funding round that values the company at $3.2 billion—about ten times its April valuation.2 min read
BusinessAbu Dhabi’s Neurovia AI Offers up to 95% Video Compression to Ease Saudi Surveillance BurdensAbu Dhabi-based Neurovia AI says its algorithm can compress surveillance video by up to 95%, allowing footage to remain on clients’ systems and accelerating analysis to detect threats within milliseconds.2 min read