UK venture funding doubled to $10.5bn in the first four months of 2026, on the back of three giant rounds
UK venture funding doubled to $10.5bn in the first four months of 2026, on the back of three giant rounds

GlobalData’s count puts the country well clear of the rest of Europe and inside the global top five, but more than 40% of the total came from just three companies: Nscale, Wayve, and Ineffable Intelligence. UK-domiciled companies raised $10.5bn of vent…

Schneider Electric expects its India data-centre business to outgrow the rest of the company
Schneider Electric expects its India data-centre business to outgrow the rest of the company

On a base of 1.5 gigawatts of installed capacity and a national plan to reach six to eight, the French infrastructure group sees its India unit becoming its single biggest business within five years. Schneider Electric expects its India data-centre bus…

Starbucks pulls its AI inventory tool nine months in, after it kept confusing the milks
Starbucks pulls its AI inventory tool nine months in, after it kept confusing the milks

The chain is reverting to manual counts across North America, ending one of CEO Brian Niccol’s more visible technology bets and adding another data point to the file marked “enterprise AI pilots that did not survive contact with the real store.” Starbu…

Kawasaki Heavy ties up with Nvidia on physical AI, and the rideable robot horse gets a foundation model
Kawasaki Heavy ties up with Nvidia on physical AI, and the rideable robot horse gets a foundation model

Shares jumped 12% as the Japanese industrial group opened a San Jose development base with Nvidia, Analog Devices, Microsoft, and Fujitsu, with its four-legged CORLEO mobility concept as the first showcase. Kawasaki Heavy Industries said on Friday it w…

SpaceX used a $20 billion bridge loan to slash Musk’s debt costs in half, IPO filing reveals
SpaceX used a $20 billion bridge loan to slash Musk’s debt costs in half, IPO filing reveals

Elon Musk’s strategy of folding his companies into one conglomerate is already paying off. Regulatory documents filed ahead of SpaceX’s historic IPO reveal that the company secured a $20 billion bridge loan from a group of major banks. That loan was us…

Europe’s go-to-market accelerator for AI Startups launches
Europe’s go-to-market accelerator for AI Startups launches

AcceleratorX, a new breed of startup accelerator purpose-built for AI founders opens Cohort 1 applications – offering startups unprecedented access to a pan-European network of 2,000+ marketing and communications professionals across 30 countries as re…

Grok’s federal stall is undercutting SpaceX’s IPO growth story
Grok’s federal stall is undercutting SpaceX’s IPO growth story

Downloads have fallen from 20m in January to 8.3m in April, paid conversion is a fifth of ChatGPT’s, the $0.42-per-agency GSA deal is now stalled, and SpaceX has rented out the Memphis Colossus 1 cluster to Anthropic for $1.25bn a month. SpaceX’s S-1 f…

Samsung chip workers offered a $340,000 average bonus as union pushes toward $1m and an 18-day strike
Samsung chip workers offered a $340,000 average bonus as union pushes toward $1m and an 18-day strike

Leaked transcripts show memory-line staff offered up to 607% bonuses worth $477,000, while logic-chip employees get as little as 50%. The 45,000-person walkout, if it lands, would be the largest in semiconductor-industry history. Samsung Electronics wi…

AMD commits more than $10bn to Taiwan’s AI ecosystem with ASE, SPIL and Helios as the visible deliverables
AMD commits more than $10bn to Taiwan’s AI ecosystem with ASE, SPIL and Helios as the visible deliverables

Lisa Su’s Taiwan announcement covers advanced silicon, packaging and manufacturing partnerships for the company’s rack-scale Helios platform, set for deployment in the second half of 2026. AMD announced on Wednesday more than $10bn of investments acros…

Malaysia issues a statutory demand to TikTok over content moderation failures
Malaysia issues a statutory demand to TikTok over content moderation failures

The MCMC’s first formal Section 39 enforcement under the Online Safety Act 2025 lands on TikTok, with a maximum financial penalty of RM10 million in play if the platform fails to deliver an enforceable moderation plan. Malaysia’s Communications and Mul…