The $25B programme has no expiration date and sits on top of a December 2024 authorisation that still had $6.8B remaining. Netflix’s board approved it on 22 April. Shares rose 1.5% in premarket trading on the news, after falling as much as 10.8% follow…
Sources tell Reuters that Bain is looking to sell a stake in BDC, Singapore-headquartered, with nine data centres across Malaysia, Thailand, and India, at a $5 billion valuation. Citi and JPMorgan are running the process. ByteDance is the anchor tenant…
OpenAI is building a systems integrator channel for Codex, enlisting large consulting firms to carry the coding agent into organisations it cannot reach through direct sales. Cognizant and CGI are the first named SI partners in the programme, announced…
The Dublin and London-based fintech, founded by ex-Stripe and ex-Tide engineers, has processed over 100,000 transactions and 40,000 invoices across 80+ early customers. Its €7.5M seed round, led by 13books, brings total funding to €10M and opens the pl…
The “AI has killed software” narrative has a handful of very loud beneficiaries and a lot of quiet evidence against it. The companies that will survive the next five years are the ones that refuse to treat the hyperscalers as the new gods. Whenever I m…
AI coding adoption is exploding. But most engineering leaders are still measuring usage instead of outcomes. That creates a costly blind spot. There is a question that nobody in the AI industry wants you to ask. Not OpenAI. Not Anthropic. Not Google. N…
The ASX-listed data centre operator is raising A$1.5 billion in a fully underwritten equity offering and expanding its hybrid securities programme by A$700 million, with La Caisse de dépôt et placement du Québec now committed to a total of A$1.7 billio…
Post Telecom (with CleverCloud and OVHcloud), StackIT, Scaleway, and Proximus (with S3NS, a Thales – Google Cloud joint venture, plus Clarence and Mistral) have won the European Commission’s six-year sovereign cloud framework contract. The Proximus con…
According to Bloomberg, teams from SpaceX and Tesla have approached Applied Materials, Tokyo Electron, Lam Research, and Samsung for price quotes and delivery times on chipmaking equipment. Teams working for Elon Musk have reached out to major chip in…
Stendr, a Norwegian counter-drone startup led by Aleksander Leonard Larsen, who co-founded blockchain gaming unicorn Sky Mavis, has raised a $5.4M oversubscribed pre-seed from RainFall, ACME, SkyFall, and a consortium of European defence and tech inves…