BMW cut its car division margin forecast to as low as 1%. Chinese brands now hold nearly 10% of Europe's car market while crushing European profits in China.

Ford Energy will manufacture grid-scale LFP battery systems at a repurposed Kentucky plant, with first deliveries in late 2027. EDF has signed a five-year deal for up to 20 GWh.

Seattle's Gradial has raised a $65mn Series C led by Insight Partners at a $675mn valuation, deploying AI agents across enterprise marketing tools.

The former PayPal CFO and Sequoia steward joins SpaceX's board as an independent director, though his ties to Musk and Sequoia's $2 billion stake complicate that label.

Meta's 6,500-person Applied AI unit is in open revolt, with elite engineers drafted to label data and even the CTO calling the reorg 'atrocious'.

Verse raised a $54mn Series B led by Bessemer, with Nvidia among backers, to help AI data centres skip the grid queue using on-site batteries.

SURBL flags the URLs inside your emails rather than your sender IP. A single link to a flagged domain can silently disable every link in a delivered message, and most senders never realise it happened ...

Life360 integrated Uber Family so parents can request rides to a teen's real-time location. Uber teen accounts have completed tens of millions of trips globally.

Baseten is raising $1.5bn in a dual-tier round at $11bn and $13bn valuations, betting AI's money is in cheap inference as open-source models undercut OpenAI.

In three days Adobe put an AI agent in Photoshop, struck a Disney Firefly deal, launched a tool to track brands in ChatGPT, and teamed with LinkedIn.

ByteDance is on track to spend $1bn a year with Microsoft, mostly on OpenAI models, in a market OpenAI and Anthropic refuse to serve directly.

Atomico led a $16M seed in Frontier Health, whose AI agent JUNO targets NHS admin teams rather than clinicians, after a pilot saved 221 staff days.