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Oracle spent $55.7 billion on data centres in a single year, beat its own guidance by $5.7 billion, and wants to raise another $40 billion

Oracle reported fiscal fourth-quarter revenue of $19.2 billion, up 21% year on year, and adjusted earnings of $2.11 per share, beating analyst estimates of $19.1 billion and $1.97 respectively. The nu [...]

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Italian fintech unicorn Satispay reportedly plans €120M raise to push into stock trading

Satispay, the Milan-based mobile payments company that became Italy’s second unicorn in 2022, is reportedly planning to raise up to €120 million ($139 million) in fresh funding. The round would fu [...]

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China’s state-run Workers’ Daily calls for a ‘dam’ to protect labour rights as AI spreads

China’s Workers’ Daily, the official mouthpiece of the country’s umbrella trade union, has published a pointed editorial urging government agencies to protect labour rights as artificial intelli [...]

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Meta has cut Manus off from its internal systems and told staff to sunset the AI platform

Meta has erected a data firewall between itself and Manus, the Chinese-founded agentic AI service it acquired for $2 billion in December 2025. Since the start of June, Manus and its staff have been ba [...]

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CoreWeave’s borrowing costs just fell from 10% to 7%. The AI data centre debt market is repricing risk in real time.

An Applied Digital subsidiary raised $1.59 billion in the high-yield bond market on Tuesday to fund a fourth building at its Polaris Forge 1 campus in North Dakota, which will provide 150 megawatts of [...]

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Mercedes-Benz turns to defence, partnering with startup Tytan to build anti-drone vehicles

Mercedes-Benz is leaning deeper into defence. The carmaker has signed a memorandum of understanding with TYTAN Technologies, a Munich counter-drone startup, to develop vehicle-based systems that detec [...]

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ShopAgentic raises €1.9M to build commerce infrastructure for AI shopping agents

A German startup wants to rebuild online commerce for shoppers who are not human. ShopAgentic has raised a €1.9mn pre-seed to do it. May Ventures and Greenfield Capital co-led the oversubscribed rou [...]

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Mississippi residents file a 10,000-strong class action against Musk’s xAI and SpaceX over data-centre noise

The backlash against AI data centres has reached a new stage: a class-action lawsuit. Residents of Mississippi have sued Elon Musk’s xAI and SpaceX, claiming a gas-fired power plant that feeds nearb [...]

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OpenAI plugs Visa into ChatGPT so AI agents can shop and pay at any Visa merchant

OpenAI is wiring a payment network into ChatGPT. Under an expanded partnership announced at the Visa Payments Forum on Wednesday, AI agents inside OpenAI’s products will be able to shop and pay on a [...]

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