Mistral raises €3bn at a €21bn valuation in Europe’s largest tech equity round
Mistral raises €3bn at a €21bn valuation in Europe’s largest tech equity round

Mistral has raised €3bn in a Series D at a post-money valuation of more than €21bn, which the company says is the largest equity fundraising ever completed by a European technology firm. Samsung Electronics led the round, three years after the Paris co…

Veridue secures $4M pre-seed to streamline energy infrastructure due diligence

Technology company Veridue has raised $4 million inpre-seed funding to expand its due diligence and M&A platform for renewableenergy and data centre transactions. The round was led by Episode 1 Ve…

Malaysia weighs Huawei chips for sovereign AI, Bloomberg reports
Malaysia weighs Huawei chips for sovereign AI, Bloomberg reports

Malaysia is leaning towards Huawei silicon to run its national AI project, according to Bloomberg. No foreign government has openly chosen Chinese AI accelerators over American ones before. Washington told the world last year that buying these particul…

Matt Clifford quits as ARIA chair over his Anthropic job
Matt Clifford quits as ARIA chair over his Anthropic job

The man who wrote the UK’s AI Opportunities Action Plan is leaving the government research agency he chaired. He announced it five days after taking a job at Anthropic. The resignation itself is not the interesting part. The arrangement it undoes had a…

Ineffable Intelligence names six cofounders, Fortune reports
Ineffable Intelligence names six cofounders, Fortune reports

Ineffable Intelligence has handed the title of cofounder to six people who did not found it. Four come from Google DeepMind, one from InstaDeep, and one from the Seattle venture firm that wrote the company’s first cheque. The London startup is ten mont…

GPUThor breaks the error correction Nvidia recommended against Rowhammer
GPUThor breaks the error correction Nvidia recommended against Rowhammer

Last year Nvidia told GPU owners worried about Rowhammer to switch on error correction. Four researchers at the University of Toronto have now shown that the same attack, aimed harder, goes straight through it. Their technique, GPUThor, is the first Ro…

Jensen Huang says AGI has arrived, and 400,000 more GPUs are coming
Jensen Huang says AGI has arrived, and 400,000 more GPUs are coming

Jensen Huang said it in four words. “AGI has arrived,” the Nvidia chief executive wrote on X late on Sunday, congratulating OpenAI on GPT-6 Astra. By Monday morning the post had passed 10 million views. The rest of the post is the part worth reading. H…

Dubai is training 14,000 companies to run AI agents, on a two-year clock
Dubai is training 14,000 companies to run AI agents, on a two-year clock

Dubai Chambers is putting more than 14,000 companies through training in agentic AI, the kind of software that carries out tasks on its own rather than answering questions. The body launched the courses on 1 September in front of 90 chairpersons of its…

Cognizant put $4.5tn on AI job exposure, then hired 1,500 graduates
Cognizant put $4.5tn on AI job exposure, then hired 1,500 graduates

Cognizant announced on Monday that it will hire 1,500 American college graduates this year and build a new job family for the AI era. The company’s own research says AI could take on $4.5tn worth of work Americans currently get paid to do. Both numbers…

Cato raises €6m to sell AI into Italy’s €309.7bn tender market
Cato raises €6m to sell AI into Italy’s €309.7bn tender market

The investment case for Cato is unusual. Most software sells on the promise of making a hard thing easy. Cato’s backers are betting that a hard thing stays hard. The Milan startup has raised €6m in seed funding to sell AI to companies bidding for Itali…