Logistics startup Stord raised $250M at a $3B valuation to expand its 100-warehouse network and deploy AI robotics, helping brands match Amazon's delivery speeds.
Drew Houston steps down as Dropbox CEO after 19 years. Ashraf Alkarmi, a former Vimeo and Amazon executive, takes over a company whose market cap has halved since 2018.
The Netherlands blocked Kyndryl's EUR 100M acquisition of Solvinity, the DigiD cloud provider, citing public interest risk and CLOUD Act concerns in a first-ever US deal prohibition.
DOGE lawyer told staff to limit Cursor contact over gun-jumping antitrust risk, weeks after employees began working side by side ahead of a $60B post-IPO deal.
Ferrari shares fell 7% in Milan after the Luce reveal drew online mockery and design criticism, wiping GBP 3 billion from market cap despite 1,036 hp and 60 new patents.
Felipe Sinisterra and Dave Wang are charging $25,000 a day to train Wall Street banks on AI tools they have already bought. They’re booked out for two months.
Tel Aviv firm Gambit Security says Iranian hackers exfiltrated 700GB of LA Metro data in March and traces the server to a known Tehran-linked operation.
UAE-based SPARQ has opened an $8.5M seed round for its AI-native game engine, with the a16z Scout Fund participating early.
Reuters reports SpaceX has asked the Pentagon to pay around $25,000 per Starlink terminal, up from $5,000, as US strike drones over Iran depend on the network.
GSR Ventures is raising $350M for a new China fund, using its early stake in $50bn-valued RedNote as the central draw for new LPs, Bloomberg reports.
Quantinuum, the Honeywell-majority-owned quantum-computing firm, is targeting a $12.7bn IPO valuation, well below the $20bn-plus whispers earlier this month.
Pony AI raised its 2026 robotaxi fleet target to more than 3,500 vehicles after Q1 robotaxi revenues rose 395% year-on-year and the fleet passed 1,700.