Schneider Electric is buying Cognite, a Norwegian-founded industrial AI company, for $3.1bn in cash. The French group wants software that can make factories and power grids think for themselves. Schneider Electric said on June 30, 2026 that it had agre…
Salesforce led the Series A, which 8090 announced this week. The pitch behind it is blunt. AI can already write code. The hard part is stopping enterprise software from falling apart as dozens of agents and engineers change it every week. TechCrunch fi…
AI chip startup Etched has raised $800 million and revealed that its backers include trading firm Jane Street and VentureTech Alliance, a venture firm with a strategic partnership with TSMC. The company, which designs chips specifically for running AI …
Japan has decided it does not want to depend on Elon Musk to keep its phones connected from space. The government is set to provide up to ¥150 billion, roughly $926 million, in subsidies to a consortium led by Rakuten Group to build a homegrown low-Ear…
A new institute at Penn’s Basser Center will use artificial intelligence and biomarkers to intercept hereditary cancers at their earliest stages, before they become disease. The idea behind the gift is unusual enough to need its own word. Most cancer p…
The Mumbai investment bank is considering raising fresh capital through new shares and stake sales, a bet on the strength of India’s public-listing pipeline. India’s capital markets have been busy enough lately to make the firms that arrange the deals …
Nexchip Semiconductor is China’s third-largest pure-play foundry, a sentence that until recently would not have led to a Hong Kong listing. It does now. The Hefei-based, state-backed chipmaker is seeking to raise up to HK$6.98 billion, or roughly $890 …
The space industry can build rockets. Moving money around them is the hard part. A new startup called Nebex wants to fix that, and Google’s venture arm is backing it with $30mn. GV, formerly Google Ventures, led the seed round, Bloomberg reported. Nebe…
AI agents are pouring into companies, and most security tools were never built to watch them. Straiker wants to fix that. The startup has just raised $64mn to police a workforce that does not clock in. The Series A was revealed first by Axios. It takes…
Arena, the crowdsourced AI leaderboard that started as a UC Berkeley research project in 2023, has reached 100 million dollars in annualized revenue just eight months after launching its first commercial product. The platform is best known for letting …