The man who coined ‘agentic AI’ is betting it won’t take your job
The man who coined ‘agentic AI’ is betting it won’t take your job

Andrew Ng helped give the AI industry its vocabulary, from “AI is the new electricity” to “agentic AI.” His new company bets against the phrase everyone else is using: that AI will take your job. Ng has founded LearnVector, an AI-native learning startu…

The Italian state just backed €500m for the company that owns AOL
The Italian state just backed €500m for the company that owns AOL

Bending Spoons has agreed a €500m loan facility guaranteed by the Italian state. The guarantee comes from SACE, Italy’s export credit agency, which is wholly owned by the Ministry of Economy and Finance. HSBC Continental Europe, Intesa Sanpaolo and BPE…

Only 27% of US hospitals can run an EEG. Epitel raised $26m for the rest
Only 27% of US hospitals can run an EEG. Epitel raised $26m for the rest

Epitel has raised $26m in a Series B round to expand a wireless EEG system that patients wear at home. Catalyst Health Ventures and Genoa Ventures co-led the round. The Salt Lake City company says it will spend the money on sales, marketing and distrib…

Nvidia announced $750bn of AI deals. Its own credit market flinched.
Nvidia announced $750bn of AI deals. Its own credit market flinched.

Nvidia is working on a fresh round of AI infrastructure deals potentially worth more than $750 billion, Bloomberg reported, accelerating a pattern of investment that critics say inflates demand and valuations across the sector. The response from the de…

Mate Security Crosses $50M in Funding as AI Security Operations Startup Heads to Black Hat USA
Mate Security Crosses $50M in Funding as AI Security Operations Startup Heads to Black Hat USA

Artificial intelligence is reshaping cybersecurity at a pace that many security operations centers were never designed to handle. While organizations are embracing AI to improve efficiency, attackers are also using the technology to increase the speed,…

Dwelly raises $170M to turn UK lettings agencies into software
Dwelly raises $170M to turn UK lettings agencies into software

The London startup is buying independent lettings firms and folding them onto an AI platform, with EQT Growth leading the equity and Trinity Capital supplying the debt. The UK lettings business still runs on phone calls, paperwork, and the slow choreog…

ZuriQ raises $25.5M to scale its 2D quantum architecture
ZuriQ raises $25.5M to scale its 2D quantum architecture

ZuriQ, a Swiss quantum computing company spun out of ETH Zürich, has raised $25.5 million in a seed round to scale the trapped-ion processors it is building on a new two-dimensional architecture. The money builds on the $4.2 million pre-seed round the …

Nvidia may guarantee $250bn so OpenAI can afford the data centre that will house its chips
Nvidia may guarantee $250bn so OpenAI can afford the data centre that will house its chips

Nvidia is in talks to provide roughly $250 billion in financing guarantees for OpenAI, the Wall Street Journal reported on Sunday, citing people familiar with the matter. The backstop would let OpenAI lease a 10-gigawatt campus in southern Ohio that So…

Angola just raised $321m selling shares in a telco it seized from Africa’s richest woman
Angola just raised $321m selling shares in a telco it seized from Africa’s richest woman

Angola raised roughly $321 million on Monday by selling a 15% stake in Unitel, the country’s dominant mobile operator, in what Bloomberg reported as the largest initial public offering the nation has ever run. The proceeds go towards financing the stat…

Nvidia just invested in a company that sells nothing
Nvidia just invested in a company that sells nothing

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…