Marvel has deemed on specific hero as the strongest chance at taking on Doctor Doom in Avengers: Doomsday. An unlikely one.

Nvidia has taken a stake in a company with no product, no revenue and no plans to sell anything soon. Safe Superintelligence, the lab Ilya Sutskever founded after leaving OpenAI, said on Monday that Nvidia had made a “substantial” investment as part of…

On Friday, 25 companies signed a letter defending open-weight AI. Three big names were missing. By Monday, two of them had signed. That left Anthropic alone, and Silicon Valley noticed. The pile-on Nvidia, Meta and Microsoft signed “Open Weights and Am…

The China-based memory firm ChangXin Memory Technologies (CXMT) had a massive first day on the Shanghai stock exchange after its shares surged 466 percent, as reported earlier by The Wall Street Journal and CNBC. The stock market frenzy boosted CXMT’s valuation to $484 billion, making it the most valuable Chinese company listed on the exchange. […]

A telecom RF engineer turned SAP consultant, he automates the accounting logic that decides when companies can book revenue, the compliance layer most migration teams leave until an audit forces it. In 18 months, the software many of the world’s larges…

Porsche will cut another 5,000 jobs by 2035 under a second restructuring package agreed between management and labour representatives. The cuts come on top of 3,900 job reductions and an additional 500 announced by CEO Michael Leiters earlier this year…

Most of the money pouring into small nuclear reactors is chasing AI data centres. This round is chasing a date. Antares has raised $470mn, co-led by Paradigm and Caffeinated Capital, with Point72 Ventures, Shine Capital and Industrious Ventures joining…
This week’s Current Climate newsletter also looks at why Tesla’s founders are backing an anti-Cybertruck and Sila’s expanding production of silicon battery anodes.
A woman killed Criston Cole last night in House of the Dragon episode 6, but she wasn’t some random character.

A development bank has just minted a unicorn, and it took two years. Ominimo, a Budapest-based motor insurance startup founded by Serbian and Hungarian entrepreneurs, has closed a Series B led by the venture arm of the European Bank for Reconstruction …