
Addverb Technologies, the Indian robotics startup controlled by Mukesh Ambani’s Reliance Industries, is seeking to raise more than $100 million to fund development of humanoid and quadruped robots and build the AI systems to train them. CEO Sangeet Kum…

For decades, the networks inside data centres have run on electrical switches. They are power-hungry, generate enormous heat, and are increasingly the bottleneck that limits how fast AI systems can process and exchange data. Oriole Networks, a UK start…

The seed round, led by Realyze Ventures and Pi Labs, will fund expansion into Germany and Spain as volatile power markets push large industrial firms past their spreadsheets. Electricity used to move with the seasons. Now it moves by the minute, and th…

London-based PhysicsX has raised $300 million in a Series C round led by Singaporean sovereign wealth fund Temasek, more than doubling its valuation to $2.4 billion, less than a year after its Series B priced the company at just under $1 billion. The r…

Between commercial aircraft at 10km and conventional satellites at 500km lies a band of near-Earth space that has never been used commercially. Very low Earth orbit, or VLEO, sits at 200 to 300km, an altitude historically reserved for spy satellites an…

For someone who helped ship ChatGPT, DALL-E, and Codex, Mira Murati has been remarkably quiet. On Thursday, she broke the silence. Sitting down with Bloomberg’s Emily Chang in San Francisco, the CEO of Thinking Machines Lab gave her first major media a…

The conversation at this year’s NY Tech Week is about AI. The panels, the pitch decks, the happy hours: agents that code, agents that sell, infrastructure for the agents. Then a screen mounted to a truck shows a man sitting on a toilet, staring at his …