Moneybox is Europe’s newest unicorn, and it’s testing London’s new private market to prove it
Moneybox is Europe’s newest unicorn, and it’s testing London’s new private market to prove it

Moneybox is Europe’s newest unicorn, worth £800m, or $1.1bn. But no fundraise set that price. Staff did, by selling shares on London’s untested new private market. Moneybox, the British savings and investing app, is now a unicorn. It has put a value of…

The father of reinforcement learning is leaving Carmack to build his own AI
The father of reinforcement learning is leaving Carmack to build his own AI

One of the most decorated minds in AI is striking out alone. Richard Sutton shared the 2024 Turing Award for founding modern reinforcement learning. On Monday he said he is leaving John Carmack’s startup Keen Technologies to start a new one, Oak Lab. H…

Helsing raises $1.8bn at an $18bn valuation, and its cap table tells a story
Helsing raises $1.8bn at an $18bn valuation, and its cap table tells a story

Munich’s Helsing has raised $1.8bn at an $18bn valuation, making it Europe’s largest defence startup. The round is a bet on sovereign AI. A lot of the money paying for it is American. Europe’s biggest defence startup just got a lot bigger. On Monday He…

Monzo founder Tom Blomfield joins Anthropic’s compute team
Monzo founder Tom Blomfield joins Anthropic’s compute team

Tom Blomfield built two of Britain’s best-known fintech companies. Now the Monzo founder is joining Anthropic, and his job is to help crack the AI industry’s hardest problem: compute. One of the biggest names in UK tech is heading to one of the most va…

Cursor is building a Claude Cowork rival, and Musk may decide its fate
Cursor is building a Claude Cowork rival, and Musk may decide its fate

The race to automate the office just gained a third runner. Cursor is building Sand, a general-purpose agent to rival Claude Cowork. Whether it ever ships may come down to Elon Musk. Cursor made its name as a tool for people who write code. Now it is b…

Yann LeCun’s new VC fund lasted eight hours. Then it vanished
Yann LeCun’s new VC fund lasted eight hours. Then it vanished

A shiny new VC firm named the AI pioneer as a partner on Friday morning. By Friday night, the fund did not exist. Yann LeCun has had a busy year. Now he has had a strange one. On Friday, a new venture firm called Extelligence Invest named the man often…

A four-year-old has seen more of the world than ChatGPT. Yann LeCun is betting $1bn on that
A four-year-old has seen more of the world than ChatGPT. Yann LeCun is betting $1bn on that

Yann LeCun is not a natural contrarian, but he is playing one right now. The man often called a godfather of AI built the convolutional neural network in the late 1980s. That design still powers phone cameras, medical scans, and driver-assistance syste…

Robots swept RoboCup 2026, and they’re coming for the human World Cup by 2050
Robots swept RoboCup 2026, and they’re coming for the human World Cup by 2050

While the world watched the World Cup, robots played their own version in Incheon. RoboCup 2026 ran from 30 June to 6 July in Songdo, drawing teams from dozens of countries. When the whistle blew, one name was behind every winner. Teams using robots fr…

This EU-first robocar tests at 120 km/h, and uses no AI to drive
This EU-first robocar tests at 120 km/h, and uses no AI to drive

Aidoptation can now test a fully self-driving car at highway speed on Belgian public roads. It is the first Level 4 permit of its kind in the European Union. The company announced the approval, which covers 100 km of the E313 and E314 motorways in Limb…

Ollama raises $65M as its open-model runner hits nearly 9M developers
Ollama raises $65M as its open-model runner hits nearly 9M developers

Ollama has raised a $65M Series B led by Theory Ventures. Benchmark, 8VC, Y Combinator and others joined. The round takes the company’s total funding to $88M, three years after it launched, and Ollama set out the plan in a blog post on Thursday. Founde…