TSMC posted record $40 billion revenue. Its stock fell 4%. Investors are no longer buying the AI spending story on faith.
TSMC posted record $40 billion revenue. Its stock fell 4%. Investors are no longer buying the AI spending story on faith.

TSMC posted record second-quarter revenue of over $40 billion, up 36% year on year, with net income rising 77%. The result should have been a triumph. Instead, shares fell 4%, dragging the Nasdaq 100 down 1.4% on Thursday and compounding losses from th…

Apple overtakes Nvidia to reclaim the title of world’s most valuable company at $4.88 trillion
Apple overtakes Nvidia to reclaim the title of world’s most valuable company at $4.88 trillion

Apple overtook Nvidia on Friday to become the world’s most valuable company for the first time since April 2025. Apple closed at roughly $4.88 trillion as its shares held steady, while Nvidia fell 3.5% to approximately $4.86 trillion. Nvidia had held t…

Agentic AI is moving from drafting doctors’ notes to routing their patients. Bunkerhill just raised on it.
Agentic AI is moving from drafting doctors’ notes to routing their patients. Bunkerhill just raised on it.

A healthcare AI startup has raised fresh funding to push AI agents deeper into hospital operations. Bunkerhill Health closed a Series B led by Khosla Ventures, bringing total funding to $55m, HIT Consultant reports. The pitch is a platform, not a produ…

The AI boom’s least glamorous winner just filed for a $5bn listing, and it wires Google and Amazon’s data centres
The AI boom’s least glamorous winner just filed for a $5bn listing, and it wires Google and Amazon’s data centres

While attention fixes on Nvidia and the AI models, the companies quietly wiring the data centres together are booming. Eoptolink, a Chinese maker of high-speed optical transceivers, has filed for a Hong Kong listing that could raise up to $5bn, Bloombe…

a16z is backing Runta, a startup that wants to ‘parent’ your AI agents
a16z is backing Runta, a startup that wants to ‘parent’ your AI agents

AI agents can now book travel, write code and spend money on your behalf. That power is also the problem. A new startup called Runta has raised $20 million to keep those agents from doing damage. Andreessen Horowitz (a16z) led the round, which values R…

French startup Syntetica raised $30M to recycle the nylon fashion throws away
French startup Syntetica raised $30M to recycle the nylon fashion throws away

A French startup has raised $30 million to tackle one of fashion’s hardest waste problems. Syntetica recycles nylon, and it can process two grades at once that the industry has long struggled to pull apart, its founder told TechCrunch. The Ecotechnolog…

AI was supposed to kill the travel agent. Instead it just minted a billion-dollar one.
AI was supposed to kill the travel agent. Instead it just minted a billion-dollar one.

Fora, a platform that lets ordinary people become travel agents and gives travellers a way to find them, has raised a $60m Series D at a $1bn valuation led by Forerunner and Tactile Ventures. It has 15,000+ advisors (97% new to the profession) who have…

SWISSto12 raised $70M, and it is that rare thing: a profitable space startup
SWISSto12 raised $70M, and it is that rare thing: a profitable space startup

Most space-hardware startups raise money because they are burning it. SWISSto12 raised $70m while turning a profit, an unusual thing in the satellite business. The Swiss company closed the €61m round days after ESA member states put $84.8m into its Hum…

Fireworks raised $1.5bn on a bet that companies will build AI, not rent it
Fireworks raised $1.5bn on a bet that companies will build AI, not rent it

The AI economy has run on a simple habit: rent a model from a big lab. Fireworks just raised $1.5bn to argue the opposite, that every company will build intelligence of its own. The Series D values the San Mateo startup at $17.5bn, it said. Atreides Ma…

Sable raised $45 million from Sequoia to build an AI that runs product demos instead of humans
Sable raised $45 million from Sequoia to build an AI that runs product demos instead of humans

Sable has raised $45 million from Sequoia Capital and 8VC to build an AI system called Aidan that runs live product demonstrations, answers customer questions in real time, and switches between languages mid-conversation. The company, which is less tha…