Europe is pledging hundreds of billions to defence. Almost none of the venture money funding the technology behind it is European. Since 2019, the US has captured around 85 per cent of all NATO defence-tech venture funding, according to the founders of…
Baseten is finalising a $1.5bn funding round that values the company at up to $13bn. The structure is almost as notable as the size. The round is dual-tiered, with some investors buying in at an $11bn valuation and others at $13bn, according to the com…
NASA is partnering with Relativity Space, the rocket company run by former Google chief Eric Schmidt, to fly a science mission to Mars. Announced on June 17, the mission is called Aeolus, the first flight in Relativity’s new Interplanetary Sciences Pro…
Robots are still surprisingly bad at remembering where things are. You might recall that your keys were on the kitchen counter last night. A robot working beside you would struggle to connect that object and location in a useful way. MIT researchers bu…
Security researchers have uncovered a sprawling cache of stolen credentials for Fortinet firewalls, exposing login details for tens of thousands of organisations around the world. The dataset, dubbed “FortiBleed,” contains plaintext usernames, emails a…
Midjourney, the company best known for turning text prompts into images, has announced something it has never made before: hardware. And not a phone case or a pair of glasses, but a full-body medical scanner. At an event in San Francisco on June 17, fo…
SpaceX has named its first new board member since going public, and the word doing the heavy lifting in the announcement is “independent.” In a filing on June 17, the company said its board had elected Roelof Botha, the former Sequoia Capital steward, …
PsiQuantum has broken ground on a facility in Moreton Bay, Queensland, where it plans to build and deploy what it calls the world’s first utility-scale, fault-tolerant quantum computer. The site will eventually hold tens of thousands of photonic quantu…
PsiQuantum has broken ground on a facility in Moreton Bay, Queensland, where it plans to build and deploy what it calls the world’s first utility-scale, fault-tolerant quantum computer. The site will eventually hold tens of thousands of photonic quantu…
The race to power artificial intelligence has a problem that solar panels and wind turbines cannot fix on their own: the electricity has to be there at 3am, in still air, under cloud. Critical Energy, a Los Angeles startup founded by a former SpaceX en…