His AI fund lost 67% in a month. Thousands still copy his trades
His AI fund lost 67% in a month. Thousands still copy his trades

The AI trade blew up its own poster child last month, and thousands of people decided to keep betting on him. More than 5,000 retail investors are still mirroring Leopold Aschenbrenner’s stock portfolio, Business Insider reported, even after his hedge …

DeepSeek made AI cheap. Now it is raising $8bn and buying robots
DeepSeek made AI cheap. Now it is raising $8bn and buying robots

DeepSeek spent early 2025 proving that a good AI model did not have to cost a fortune. This week it has been busy proving it can spend one. In a handful of days, the Chinese lab reopened a multi-billion-dollar fundraising. It took a stake in the countr…

Sequoia Capital is putting $10bn behind AI and ‘reindustrialization’
Sequoia Capital is putting $10bn behind AI and ‘reindustrialization’

Sequoia Capital, is making the largest bet in its history, and it is not only about software. The venture firm is committing $10bn to a strategy built around artificial intelligence and what it calls reindustrialization. The figure is a statement in it…

WindBorne’s AI beats the government’s weather forecasts. Making money from them is the harder problem
WindBorne’s AI beats the government’s weather forecasts. Making money from them is the harder problem

WindBorne Systems has raised $37 million to sell something it has already proven it can build: weather forecasts that beat the government’s. The Series B, reported by TechCrunch, was co-led by Khosla Ventures and Galvanize and values the company at $25…

Berlin’s Moss becomes a unicorn betting on ‘controllable’ finance AI
Berlin’s Moss becomes a unicorn betting on ‘controllable’ finance AI

Another European fintech has joined the unicorn ranks. Berlin-based Moss has raised €30m in a Series C round that values the spend-management company at more than €1bn. The round was led by Portage. The specialist fintech investor headlined the raise, …

Revolut is valued at $115bn. Its founder’s new share deal targets $500bn
Revolut is valued at $115bn. Its founder’s new share deal targets $500bn

Nik Storonsky wants a bigger slice of Revolut, and he has picked an ambitious price. The cofounder and chief executive is in talks over a new share award, the Financial Times reported. It would grow his stake if the fintech reaches a $500 billion valua…

Yann LeCun’s second attempt at a VC fund lands with $100M and Gemini’s co-lead as a partner
Yann LeCun’s second attempt at a VC fund lands with $100M and Gemini’s co-lead as a partner

Yann LeCun has found a VC fund that will actually launch. The Meta former chief AI scientist is joining 224 Ventures, a new firm that announced Wednesday with more than $100 million in assets under management. His co-partner is Oriol Vinyals, who until…

A startup that slashes AI agent bills just raised $35M. Anthropic is a backer.
A startup that slashes AI agent bills just raised $35M. Anthropic is a backer.

Sapiom is a San Francisco startup that sits between AI agents and the models they run on. It has raised a $35 million Series A. Dragonfly led the round. It comes 11 months after the company launched, and six months after a $15 million seed led by Accel…

Google named the new boss of Gemini 4. Both of Gemini’s co-leads quit the same day
Google named the new boss of Gemini 4. Both of Gemini’s co-leads quit the same day

Sundar Pichai’s memo on Wednesday thanked Jeff Dean for “an incredible 27-year run” and said he was off to start a company with Sanjay Ghemawat. He posted the same two names on X. Discovery Loop’s website names four. The two Google skipped are Quoc Le,…

Moove raises $250m at a $2.1bn valuation to run robotaxi fleets
Moove raises $250m at a $2.1bn valuation to run robotaxi fleets

Moove has quietly become one of the more valuable names in autonomous mobility. The company has raised $250m in a Series C round that values it at $2.1bn, a marker of how far it has travelled from its origins. The backing is heavyweight. The round was …