Nomagic, a Warsaw-based warehouse robotics firm, put a vision-language-action model into live customer operations. It says the model roughly halved the rate at which its robots stall for human help. Its new AI lab, run by a former Google DeepMind resea…
MiniMax plans its biggest model yet, a 2.7-trillion-parameter system it intends to open-source, The Information reports. It would be the largest Chinese model on the market, and another squeeze on US labs’ margins. China’s open-model push has a new hea…
SpaceXAI and Cursor could ship their first jointly built AI model as soon as Wednesday, according to The Information. An internal memo pits it against Anthropic’s Opus 4.8 and OpenAI’s GPT-5.5. Elon Musk’s freshly renamed AI company is about to test it…
Lovable, the Swedish vibe-coding startup, is in talks to raise $300m at a $13.2bn post-money valuation, Sifted reports, citing two people familiar with the deal. The figure would roughly double the $6.6bn valuation it commanded at its $330m Series B in…
Geothermal used to mean shallow wells and modest heat. Quaise wants to drill kilometres down and blast the rock with microwaves, and it just raised $134 million to try. Quaise Energy has raised $134 million to drill for superhot rock deep underground, …
Most AI legal startups sell software to law firms. Norm Ai built its own firm instead, and investors just valued the bet at $1.2 billion. Norm Ai has raised $120 million in a Series C round that values the New York startup at $1.2 billion, Bloomberg fi…
Axos is buying Arc Technologies, an AI-native fintech that banks tech startups, and bolting its software onto a chartered bank. Axos Financial, a US digital bank with about $29bn in assets, has agreed to acquire Arc Technologies, the company announced….
AI agents can write code and answer questions, but they still fall apart on long, messy jobs. A Mountain View startup just raised $40M to build the training grounds that fix that. Bespoke Labs, which builds the environments that train and test AI agent…
Most big funding rounds shrink the founders’ slice. Skello’s just grew it. The profitable French HR startup has raised €200m to go shopping across Europe. Paris-based Skello has raised €200m led by Bridgepoint, EU-Startups reports. The unusual part: it…
Klarna wants to be a real American bank. The Swedish BNPL giant has applied for a US banking licence, betting a friendlier Washington will let it crack a market that has bruised European rivals. Klarna has applied to US regulators to set up its own ban…