While public markets panic that AI will gut enterprise software, a quiet Dutch firm just raised €5.25bn on the opposite bet. Main Capital’s pitch: boring, essential software is exactly where the next decade of value sits. Charly Zwemstra has spent 23 y…
Menlo Ventures has raised $3bn, the biggest haul in its 50-year history. It is funded, in effect, by a single bet on Anthropic that is now worth about $14bn. Most venture funds are sold on a promise. Menlo Ventures’ new $3bn is sold on a receipt. The f…
A 2,000% rally has handed Beijing’s Zhipu a rare fundraising window, and Anthropic’s vanished Fable 5 widened it. The harder question is whether a deeply unprofitable lab can turn the moment into a durable business. Six months ago, Zhipu was a Chinese …
Compri, a Milan-based startup developingAI-powered procurement software for industrial companies, has raised €3.2million in a seed funding round led by Picus Capital, bringing its totalfunding to more…
AI is booming. New use cases are emerging each day. To capitalize on the technology’s potential, enterprises require data at scale. In many cases, though, the relevant information is blocked or unstructured, which limits its use by AI models. To understand this challenge, consider the foundation of the web itself. The web was not designed…
Tecno’s EllaClaw agent moves past chatbot replies and starts doing real work, from clearing RAM and saving battery to hailing rides and shopping inside your apps, all while keeping you in control.
Düsseldorf-basedWakeline, a deeptech startup developing continuously adaptive AI systems, hasraised €2.1 million in pre-seed funding. The round was led by Aachen-basedTechVision Fonds (TVF), with part…
Wealthy investors are using artificial intelligence to research and generate ideas, and then asking a human being whether to act on them. That is the headline finding of new HSBC research published on Wednesday, which surveyed nearly 10,000 affluent an…
An analysis of 7.3 million job advertisements shows entry-level postings down sharply since the years before generative AI, with the steepest declines in roles the tools can most readily take on. The number of Swiss job advertisements aimed at career s…
ByteDance is in preliminary talks with banks about an offshore loan of roughly $20bn, which would be the largest the TikTok owner has ever raised, Bloomberg reported on Wednesday, citing people familiar with the discussions. The company is said to be s…