OpenAI spent $34bn last year as it lines up for an IPO

OpenAI spent $34bn in 2025, more than two and a half times what it took in, as it prepares to file for one of the largest public listings ever attempted. The figure, reported by the Financial Times, [...]

AlphaGo’s David Silver puts his superintelligence bet on Google Cloud

Ineffable Intelligence, the London startup founded by the DeepMind researcher behind AlphaGo, has named Google Cloud as the infrastructure partner for its frontier AI lab. The deal, announced at Googl [...]

Canada wants to stop companies from using your data to charge you more, but the details are still missing

The Canadian government introduced legislation on Monday to overhaul the country’s private-sector privacy laws, including new restrictions on businesses that use personal data to charge individual c [...]

Rocapine raises $13m to build wellness apps that hold instead of hook

Rocapine, a Paris venture studio building wellness apps, has raised a $13m Series A led by Educapital, the company said. The pitch is a neat inversion: take the playbook that made mobile gaming addict [...]

DeepSeek closes $7bn-plus round with an unusual structure

DeepSeek, the Chinese AI lab that unsettled the industry with a cheap, capable model last year, has closed its first round of outside funding, raising roughly 50 billion yuan, about $7bn, in a deal wh [...]

Alibaba unveils AI models for robots as China’s focus shifts to agents

Alibaba has revealed its first suite of AI models for robots, a move that says as much about where Chinese technology is heading as about the models themselves. The launch came as the industry pivots [...]

Anthropic curbs make the case for sovereign AI, Upstage chief says

When the US government ordered Anthropic to cut foreign access to its most capable models, and the company switched them off worldwide rather than try to comply selectively, it handed every advocate o [...]

Exclusive: Optiak raises €4m to build an orchestration layer for enterprise AI

Optiak, a startup building what it calls a modular operating system for enterprise AI, has come out of stealth with a €4m pre-seed round, about $4.7m, led by Market One Capital, Next Tier Ventures, [...]

Ukraine gains access to EU emergency cyber response for major attacks

Ukraine can now draw on emergency European Union cyber support to respond to large-scale incidents, after the Council of the EU approved its inclusion in the EU Cybersecurity Reserve on 15 June. The d [...]