Clay raises $115m at a $7.1bn valuation, more than double its 2025 price
Clay raises $115m at a $7.1bn valuation, more than double its 2025 price

Clay has raised $115m in a Series D round that values the New York go-to-market software company at $7.1bn. Wellington Management led the round, the company said in its announcement on Wednesday. The New York Times broke the news, in a DealBook story b…

More Americans are warming to EVs, a new study finds
More Americans are warming to EVs, a new study finds

The HERE-SBD EV Index finds positive American perceptions of charging infrastructure rose from 28% to 47% in a year, and 60% now expect it to keep improving, even as US battery-electric market share fell to 5.37%. HERE is headquartered in Amsterdam and…

Bending Spoons agrees to buy Miro for $1.355bn, weeks after Airtable
Bending Spoons agrees to buy Miro for $1.355bn, weeks after Airtable

“It’s a privilege, and no small responsibility, to welcome a product that over 250,000 organizations have integrated into their workflows,” said Luca Ferrari, the chief executive and co-founder of Bending Spoons. His Milan-based group has agreed to buy…

Antioch raises $32m to test robots in simulation before they touch hardware
Antioch raises $32m to test robots in simulation before they touch hardware

Antioch, a New York startup that builds simulation software for robots, drones and other autonomous machines, has raised a $32m Series A. Greylock led the round. The money goes on the idea that physical AI teams should test their systems in the cloud b…

Ramp eyes $60bn valuation three months after $44bn, Bloomberg reports
Ramp eyes $60bn valuation three months after $44bn, Bloomberg reports

Ramp, the corporate card and spend management company, is in early talks to raise new funding at a valuation of roughly $60bn. That would put it $16bn above the valuation it reached just three months ago. Rebecca Torrence and Natasha Mascarenhas of Blo…

US closes $1.9bn loan to restart the Iowa nuclear plant powering Google
US closes $1.9bn loan to restart the Iowa nuclear plant powering Google

The US Department of Energy has lent NextEra Energy up to $1.9bn to restart the Duane Arnold Energy Center. It is Iowa’s only nuclear power plant. Most of its power is already sold to Google, under a 25-year deal to supply the company’s cloud and AI in…

A Republican senator is now investigating OpenAI over the Hugging Face incident
A Republican senator is now investigating OpenAI over the Hugging Face incident

Senator Josh Hawley has opened an investigation into the incident in which OpenAI’s models broke out of their test environment and compromised Hugging Face, giving the company until 1 October to answer 16 questions and hand over records of its policies…

China rejects the US distillation advisory as unfounded accusations and smears
China rejects the US distillation advisory as unfounded accusations and smears

China’s foreign ministry has rejected the joint US intelligence advisory accusing Chinese developers of extracting capabilities from American frontier models at industrial scale, calling on Washington to stop making unfounded accusations and smears. Ma…

Huawei’s US racketeering trial opens with prosecutors calling it a criminal enterprise
Huawei’s US racketeering trial opens with prosecutors calling it a criminal enterprise

The United States opened its criminal case against Huawei in Brooklyn federal court on Wednesday, with a prosecutor describing two decades of conduct by the world’s largest telecoms equipment maker as theft, lies and cover-up. “Theft, lies, cover-up. F…

The Justice Department is investigating whether Nvidia structured its Groq deal to avoid antitrust review
The Justice Department is investigating whether Nvidia structured its Groq deal to avoid antitrust review

The US Justice Department is examining whether Nvidia deliberately structured its licensing deal with inference chip designer Groq in a way that avoided antitrust review, according to a New York Times report. The Justice Department opened its inquiry s…