Nvidia partner Bizlink buys Blackstone’s Interplex data centre unit for $850 million

Bizlink Holding, a Taiwanese manufacturer of cables, connectors, and power distribution systems, has agreed to buy the information and communications technology unit of Blackstone’s Interplex for $8 [...]

75% of C-suite leaders say agentic AI lives up to the hype or is underestimated. 48% still plan to cut headcount.

Three-quarters of C-suite leaders at some of the world’s largest companies say agentic AI either lives up to the hype or is being underestimated. That is according to a poll conducted by AI Infra Su [...]

China is drafting a $295bn plan to build AI data centres, and to lock Nvidia out of them

China wants to win the AI race on its own hardware. A new plan shows just how much it is willing to spend, and how far it will go to cut American chips out of the picture. Beijing is drafting a bluepr [...]

Finland’s ICEYE hits a €10bn valuation, quadrupling in six months as Europe scrambles for its own spy satellites

Six months ago, ICEYE was worth €2.4bn. Today it is worth more than €10bn. Few numbers capture Europe’s defence-tech boom as bluntly as that. The Finnish satellite company has raised €450mn in [...]

Europe’s best-funded rocket startup just raised €270M, and now Isar Aerospace has to actually reach orbit

Europe has the ambition to reach space on its own. What it lacks is rockets that work. Isar Aerospace has just raised €270mn to fix the first problem, and in less than a week it gets another chance [...]

Deliverance AI exits stealth with £6m ARR to run agentic AI inside companies’ own walls

Enterprise AI has a stalling problem, and it is not the models. Companies have poured money into chips, private clouds, and pilot projects, then watched most of them stop before they ever reached prod [...]

Prince William is bringing homelessness prevention to London Tech Week for the first time

The Prince of Wales will attend London Tech Week on Wednesday for the first time, chairing a panel on how data and technology can identify people at risk of homelessness before they lose their homes [...]

Databricks is raising again at up to $175 billion, four months after closing at $134 billion

Databricks is in talks to raise a new funding round at a valuation of between $165 billion and $175 billion, The Information reported on Monday. The round could begin as soon as next month and would [...]

NinjaOne’s valuation more than doubles to $12.3bn, and it says it didn’t even need the money

Most startups raise money because they need it. NinjaOne has just raised more than $400m to make the opposite point. The Austin-based IT-operations company said on Tuesday that a fresh round of Series [...]