A UK startup just raised $18.5 million to fly satellites where nobody else can
A UK startup just raised $18.5 million to fly satellites where nobody else can

Between commercial aircraft at 10km and conventional satellites at 500km lies a band of near-Earth space that has never been used commercially. Very low Earth orbit, or VLEO, sits at 200 to 300km, an altitude historically reserved for spy satellites an…

Airbnb’s Chesky helped put Sam Altman back in power. Now he’s building an AI lab to compete with him.
Airbnb’s Chesky helped put Sam Altman back in power. Now he’s building an AI lab to compete with him.

Brian Chesky has spent years as an AI kingmaker. He met Sam Altman through Y Combinator in 2006, advised him on managing OpenAI’s hypergrowth, and helped broker Altman’s return to power after the board fired him in November 2023. He was reportedly cons…

Mira Murati resurfaces after 18 months with a warning about AI governance and a product no one expected
Mira Murati resurfaces after 18 months with a warning about AI governance and a product no one expected

For someone who helped ship ChatGPT, DALL-E, and Codex, Mira Murati has been remarkably quiet. On Thursday, she broke the silence. Sitting down with Bloomberg’s Emily Chang in San Francisco, the CEO of Thinking Machines Lab gave her first major media a…

While tech week talks AI, Scytale is talking about what’s actually killing deals
While tech week talks AI, Scytale is talking about what’s actually killing deals

The conversation at this year’s NY Tech Week is about AI. The panels, the pitch decks, the happy hours: agents that code, agents that sell, infrastructure for the agents. Then a screen mounted to a truck shows a man sitting on a toilet, staring at his …

Databricks CEO calls 2026 “a terrible year to go public” as SpaceX, Anthropic, and OpenAI prepare to absorb $200 billion in IPO capital
Databricks CEO calls 2026 “a terrible year to go public” as SpaceX, Anthropic, and OpenAI prepare to absorb $200 billion in IPO capital

Three companies are preparing to enter public markets this year with a combined valuation that could exceed $3 trillion. SpaceX is set to list as early as 12 June at a $1.77 trillion valuation, selling 555.6 million shares at a fixed price of $135 each…

Ramp hits $44 billion valuation in $750 million raise as it bets that AI token spending is the next corporate expense to tame
Ramp hits $44 billion valuation in $750 million raise as it bets that AI token spending is the next corporate expense to tame

Two years ago, Ramp was a $7.65 billion corporate card company. On Wednesday, it announced a $750 million Series F that values it at $44 billion, a nearly six-fold increase that makes it one of the most valuable private fintech companies in the world. …

Revolut’s co-founder and first employee steps down as CTO ahead of the company’s march toward a $200 billion IPO
Revolut’s co-founder and first employee steps down as CTO ahead of the company’s march toward a $200 billion IPO

Vlad Yatsenko was Revolut’s first employee. He joined before CEO Nik Storonsky had even launched the company. Storonsky later gave him the title of co-founder, not because he had co-founded the business in the conventional sense, but because, as Storon…

Ex-DeepMind duo raise $20 million to close the gap between what sales teams know and what they actually do
Ex-DeepMind duo raise $20 million to close the gap between what sales teams know and what they actually do

The pitch deck for every AI sales tool tells the same story: more signals, better insights, smarter forecasting. What they leave out is that most of those insights end up ignored. Reps drown in dashboards. CRM records go stale. The deal that should hav…

France’s Quobly raises €115M to put a quantum computer on a silicon chip
France’s Quobly raises €115M to put a quantum computer on a silicon chip

Most quantum-computing startups ask the world to build them an entirely new industry: exotic materials, bespoke fabrication, supply chains that do not yet exist. Quobly is making a quieter bet. The Grenoble company thinks the path to a useful quantum m…

Kodesage raises $6.6M to drag enterprise legacy software into the AI era, without it leaving the building
Kodesage raises $6.6M to drag enterprise legacy software into the AI era, without it leaving the building

The London and Budapest startup runs its modernisation AI entirely on-premise, aimed at the banks and insurers whose core systems still run on COBOL and Oracle Forms. The most important software in a bank is often the software nobody fully understands …