SoftBank revives $10bn OpenAI-backed loan with a new sweetener for lenders
SoftBank revives $10bn OpenAI-backed loan with a new sweetener for lenders

SoftBank has gone back to lenders with a $10bn loan proposal secured against its OpenAI stake, and this time it is offering to personally guarantee the debt, according to Reuters, which cited people familiar with the discussions. The concession gives b…

Together AI raises 800 million dollars in Series C as open-source cloud demand surges
Together AI raises 800 million dollars in Series C as open-source cloud demand surges

Together AI has raised 800 million dollars in a Series C round led by Aramco Ventures, valuing the company at more than eight billion dollars. The round also drew Vista Equity Partners, General Catalyst, Emergence Capital, Nvidia, March Capital, Pegatr…

Ashton Kutcher is leaving Sound Ventures to start a new VC firm with Morgan Beller
Ashton Kutcher is leaving Sound Ventures to start a new VC firm with Morgan Beller

Ashton Kutcher is leaving Sound Ventures, the firm he co-founded with Guy Oseary 11 years ago, to start a new venture capital firm with Morgan Beller, according to TechCrunch. The new firm will target early-stage investments in AI infrastructure, energ…

Pie raises $19.5M to keep small businesses visible in AI search
Pie raises $19.5M to keep small businesses visible in AI search

For 30 years, small businesses fought to rank on Google. Now their customers are asking ChatGPT instead. A New York startup wants to make sure the local salon still shows up. The startup is Pie, and it has just stepped out of stealth with money to matc…

London’s MDOTM raises $27M to put AI inside wealth managers
London’s MDOTM raises $27M to put AI inside wealth managers

The buzziest corner of finance AI is not the trading desk. It is the dull middle office, where staff keep thousands of portfolios in line with spreadsheets. A London-founded startup just raised $27mn to automate exactly that. The company is MDOTM. It h…

Queue raises $12.6M for a pharmacy that runs without a pharmacist
Queue raises $12.6M for a pharmacy that runs without a pharmacist

A Silicon Valley startup says it has built a pharmacy with no pharmacist behind the counter. Sealed bottles go in, filled and checked prescriptions come out, in about a minute. The company, Queue, came out of stealth on Tuesday with a working machine a…

Ottawa’s Dominion Dynamics raises CA$139M, a record for Canadian defence
Ottawa’s Dominion Dynamics raises CA$139M, a record for Canadian defence

Canada just produced the biggest Series A in its defence history. The money is going into autonomous drones and the software to run a war in the Arctic. Dominion Dynamics, an Ottawa defence-technology company, has raised CA$139mn ($100mn) in a Series A…

Aikido buys Israel’s Root to patch open source with AI
Aikido buys Israel’s Root to patch open source with AI

A Belgian cybersecurity unicorn has bought an Israeli startup with an unusual trick. Its AI agents fix an open-source flaw without breaking the app that depends on it, something most security tools cannot do. Aikido Security, based in Ghent, became Eur…

AI video startup Higgsfield is in talks to raise at a $5bn valuation
AI video startup Higgsfield is in talks to raise at a $5bn valuation

Higgsfield AI did not exist before March 2025. Fifteen months on, the video startup is in talks to raise money at a $5bn valuation, four times its worth at the start of the year. The company is seeking $300mn to $500mn, The Information first reported. …

Cross-border payroll runs on $200B and zero shared infrastructure
Cross-border payroll runs on $200B and zero shared infrastructure

Every year, more than $200 billion in employer-originated wages crosses international borders. The money moves through a patchwork of local banks, regional payroll vendors, and manual compliance processes. Anyone who managed international payments in 2…