India’s Udaan secures $160 million in new funding as it races to fix its balance sheet before an IPO
Indian B2B ecommerce firm Udaan raised $160M combining fresh equity, debt, and bond conversions to clean up its balance sheet ahead of an IPO. Indian B2B ecommerce platform Udaan has secured $160 ...
Huawei Digital Power booked 68.7bn yuan in 2025, up 24%, putting it within touching distance of Tesla’s $12.8bn energy division.
New York has imposed a one-year moratorium on data centres drawing 50MW or more, the first US statewide freeze on the AI build-out.
Montefiore nurses replaced by software, and a Mayo Clinic whistleblower alleging a tool with a 67% error rate.
Pasqal is listing on Nasdaq via a SPAC at a $2bn valuation, about 100x revenue. Its filings warn quantum may never pay off, and France can vet buyers.
Demis Hassabis wants a US-led AI Standards Body, modelled on Wall Street’s FINRA, to vet frontier models before release, and to slow the industry if needed.
Nscale’s £2bn Essex data centre can’t get grid power in time to open, forcing it to seek its own electricity as UK connection queues stretch for years.
Microsoft emissions rose about 25% in 2025 to 20.3 million tonnes, driven by AI data centres, pushing its carbon-negative-by-2030 pledge further away.
Uber robotaxi lobbying in DC and New Jersey pushes a “hybrid network” rule that would make driverless cars share a platform with human drivers.
Flex has raised a $70m Series B1 led by Ryan Smith’s Halo fund, and is launching Flex Global: stablecoin rails and multi-currency accounts in 100+ countries.
Richard Sutton, the father of reinforcement learning, has left John Carmack’s Keen to build an AI that learns in real time on about 20 watts.
Regulator emails show xAI installed 59 unpermitted gas turbines for Colossus 2. Within five miles of the site, about 94% of Tennessee residents are Black.
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