Activist investor Anson Funds is pressing Lionsgate to redefine itself for the AI era or put itself up for sale, according to a July letter to the board reviewed by Semafor. The argument turns on how the market reads a film library. “The rise of genera…
River AI has raised $1.1bn, roughly four months after the company was incorporated. General Catalyst and AMP PBC led the round, with strategic investment from NVIDIA and AMD Ventures, and further money from Y Combinator and Temasek. The Palo Alto compa…
Nick Blair, a son of former UK prime minister Tony Blair, is trying to raise around $200m for a defence-tech startup that has not yet launched, reported by the Financial Times and described as ongoing and unconfirmed. The company, London-based Pyra, i…
HSBC Asset Management has taken a stake in Model ML, a London startup building what it calls an agentic operating system for financial services, and the deal says as much about where the industry now thinks the value in enterprise AI is settling as it …
Uniper, the German energy giant that Berlin rescued from collapse three years ago, is betting its next chapter on the server racks now reshaping Europe’s power market. The utility plans to invest around €5bn ($5.7bn) by 2030 in a strategy that pivots h…
A team of BioNTech alumni thinks cancer screening has been stuck in the past, and it has raised $25M to do something about it. Bios Life has emerged from stealth with a plan to replace one-off screening with continuous, AI-driven surveillance, and a da…
Hamburg biotech is taking an unusual shot at salmon farming’s most expensive pest, and it starts with an alpaca. AquaNab is developing tiny antibodies, derived from the animals and delivered through fish feed, to treat and prevent sea lice. The parasit…
In hundreds of simulations modelled on Fortune 500 companies with dozens of security tools, Corma tested leading AI models including GPT and Claude. First, the models attacked the simulated organisations and planted persistent threats. Then the same mo…
Point2 Technology has raised $136 million in total Series B financing to commercialise a new type of cable that could replace both copper and optics inside AI data centres. The latest extension was led by LB Investment, with new strategic participation…
Shein’s advisers are pitching the fast-fashion giant to investors at a valuation below $30 billion for its Hong Kong IPO, a roughly 70% drop from the $100 billion-plus valuation it hit in a 2022 private fundraising. Internally, Shein set a target of $3…