Augustus has raised $180 million at a $1 billion valuation. Tiger Global led the round, the company announced on Tuesday. Hummingbird, QED, and the founders of Nubank, Ramp, Circle and Deel joined in. The startup has now raised $210 million in total. A…
The cosmetics giant Estée Lauder is notifying staff of a data breach after hackers slipped into the Oracle software it uses to run human resources. BleepingComputer first reported the disclosure. Nearly a year in the dark The timeline is the uncomforta…
A fighter jet that needs no runway is a step closer to flight. Shield AI and GE Aerospace say they have completed engine light-off testing for the X-BAT. It is an AI-piloted strike aircraft, built to take off and land vertically. The two firms announce…
Computer science was the safe bet. For twenty years, enrolment in the US only went up. In the 2025-26 academic year, it went down. The reversal The finding comes from Jacob Light, an economist at Stanford’s Hoover Institution. Business Insider reported…
On Tuesday, Treasury Secretary Scott Bessent went on television with a warning for China. On the same day, the chief executive of the company that powers the entire AI boom went the other way. The threat Bessent said the US will scrutinise Chinese open…
On Monday, JPMorgan and Morgan Stanley began pitching investors on a bond sale of at least $12 billion, as The Wall Street Journal reported. The money will build a Meta data centre in El Paso, Texas. The structure is the story. Who owns what BlackRock …
The four companies announced the Alliance for America’s Skilled Trades on Tuesday. The pitch is a labour shortage. The subtext is harder to miss. The number behind it Employers cannot find enough electricians, technicians, and builders. The alliance pu…
On Tuesday, a group of the world’s most powerful investors finished buying a company most people have never heard of. The price tag explains why it matters. The largest data-centre deal ever The AI Infrastructure Partnership, MGX, and BlackRock’s Globa…
The two companies announced a strategic collaboration to build the Fortinet Security Processor 6, the custom silicon inside its FortiGate firewalls. Intel will handle the chip design, advanced packaging, and manufacturing. The first name on the list Th…
Google’s answer to a summer of being outrun is not a bigger model. It is cheaper ones. On Tuesday the company launched three new Gemini models, all at its fast, low-cost “Flash” tier, a day before Alphabet reports earnings. The message is efficiency ov…