Sequoia and Nvidia have backed Ineffable Intelligence, the London startup from AlphaGo creator David Silver, at a $5.1B valuation.
Vinted has been valued at €8B ($9.4B) in an €880M secondary share sale led by EQT Growth, with Schroders Capital and Teachers’ Venture Growth joining.
Meta has signed a deal to receive up to 1GW from Overview Energy’s satellites, which beam near-infrared light to existing ground solar farms.
Google DeepMind will open its first-ever AI campus in Seoul after Demis Hassabis signed an MOU with South Korea’s Science Ministry on Monday.
Spotify launches a fitness category today, giving Premium subscribers access to Peloton workout classes in the US, UK, Australia, and six other markets.
China’s NDRC has formally ordered Meta to unwind its $2 billion acquisition of AI startup Manus, the deal that sparked Beijing’s new US investment approval rules.
Jury selection opened Monday in Musk v. Altman, the federal case over OpenAI’s for-profit conversion. Musk seeks $150B and OpenAI’s return to nonprofit status.
Stuttgart-based Sereact raises a $110M Series B led by Headline to develop AI that makes robots predict consequences before acting.
DeepSeek is offering a 75% discount on V4-Pro until 5 May and cutting API cache hit prices to 1/10 across its entire suite.
Iranian strikes on SABIC’s Jubail complex halted 70% of global PPE resin supply, sending PCB prices up 40% in April.
CATL is seeking $5B in a Hong Kong share placement, potentially the city’s largest deal in four year, as the world’s biggest EV battery maker cashes in on a 160% stock rally.
Atech has raised a pre-seed from Nordic Makers, Lovable, Sequoia Scout Fund, and the a16z Scout Fund to build a natural-language hardware prototyping platform.
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