Factorial raised a $150M Series D led by General Catalyst at a $2.5bn valuation, plus a $540M customer-value commitment, naming Germany its top growth market.
SpaceX plans to price its IPO at $135 a share for a record $75bn raise and a $1.75tn valuation, fixing the price before its roadshow begins.
The EU General Court annulled Meta Marketplace’s DMA gatekeeper designation over flawed reasoning but upheld Messenger’s, in a split ruling for Meta.
China’s DeepSeek is set to raise about $7bn in its first funding round, with Tencent and CATL among backers, at a valuation of up to $59bn.
Australia’s Megaport secured four AI infrastructure contracts worth A$458.9M and is raising A$827.3M to build a globally distributed AI inference cloud.
Gigaton, formerly Carbon Re, raised $26M Series A led by Plural to replace legacy control software in cement and other energy-intensive plants with self-learning AI.
Applied Aerospace & Defense raised $650M in its NYSE IPO, pricing at $20 a share for a $3.4bn valuation after a ten-times-oversubscribed book.
Science can already tell you what a molecule is and what it looks like. What it has never been able to tell you, cheaply and at scale, is how the thing behaves once it meets the messy conditions of ...
ChatGPT crossed 1 billion monthly active app users in about three years, the fastest app ever to the milestone, per Sensor Tower estimates.
GitLab will cut about 350 jobs and exit 22 countries, disclosed alongside a Q1 in which revenue rose 23% to $264.2m.
Microsoft's Project Solara is a new platform for devices that run AI agents instead of apps. Two concept designs, a badge and desk device, are piloting with Best Buy, CVS, Levi's, and Target.
Microsoft's Majorana 2 qubits last 20 seconds vs microseconds for rivals, built with agentic AI. The company now targets a scalable quantum computer by 2029.