Germany’s Isar Aerospace has reached orbit for the first time, giving Europe a homegrown contender in a commercial launch market dominated by Elon Musk’s SpaceX. The Munich-based startup’s Spectrum rocket reached orbit on Saturday and successfully deployed its...
Enterprise AI startup Wonderful has raised $550 million at a $5 billion valuation, capping a remarkable 20-month run that has taken the company from a newly launched startup to one of the most valuable young players in enterprise AI. Insight […] The post AI st...
Venture capital is shifting toward specialized AI, physical infrastructure, and software embedded in complex operating workflows this morning. The strongest fresh rounds in the latest 16-hour window include New Zealand orbital-manufacturing startup Outlier Spa...
Catch has emerged from stealth with $5 million in seed funding to build an AI executive assistant that can schedule meetings, manage email, book travel, and handle day-to-day administrative work without forcing users to create prompts or build workflows. The [...
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ByteDance has secured a $29.6 billion loan from nearly 30 banks, giving the TikTok owner one of Asia’s largest corporate financing packages this year as it pours more money into artificial intelligence and data center capacity outside China, Reuters reported [...
Yesterday, chip giant Nvidia confirmed it has agreed to acquire Hugging Face for $12.93 billion, making it the company’s second-largest acquisition after its $20 billion purchase of chipmaker Groq’s assets. Nearly $13 billion is a staggering price for an AI […...
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