A Workday study finds 85% of employees save 1-7 hours a week with AI, but nearly 40% of the time saved is lost to rework, suggesting the gains go unbanked.
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.
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.
Lovable expanded its Google Cloud partnership to use Gemini models and enterprise security, adding a verified agent, Wiz code-scanning and Marketplace billing.
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.
AI music startup Suno raised capital at a $5.4bn valuation, more than double its $2.45bn worth six months ago, after settling with Warner and Universal.
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.
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 ...
GitLab will cut about 350 jobs and exit 22 countries, disclosed alongside a Q1 in which revenue rose 23% to $264.2m.
ChatGPT crossed 1 billion monthly active app users in about three years, the fastest app ever to the milestone, per Sensor Tower estimates.
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.