Trump Jr’s fund 1789 Capital leads a $1bn round valuing Polymarket at $21bn

Donald Trump Jr is a partner at the fund leading Polymarket’s new funding round. He is also a strategic adviser to Kalshi, Polymarket’s principal competitor. 1789 Capital is putting about $300m in [...]

Peec AI doubles its valuation betting GEO is the new SEO

For 20 years, marketing meant one thing: rank on Google. That deal is breaking. A Berlin startup has just doubled its valuation on a bet about what comes next. Peec AI is in talks to raise new funding [...]

China’s CXMT wins a reported $3bn memory deal with Tencent

ChangXin Memory Technologies has agreed to supply Tencent with roughly $3bn of memory chips, two people familiar with the matter told Reuters, in a deal that would bind one of China’s largest cloud [...]

OpenAI built its own AI chip. The target is Nvidia.

OpenAI just showed off Jalapeño, its first home-grown AI chip, built with Broadcom. It is designed for inference, not training. And it is the clearest sign yet that the company most dependent on Nvid [...]

Revolut hits $115 billion valuation as it becomes the first global fintech with an Australian banking licence

Revolut confirmed on Tuesday that a secondary share sale has valued the digital bank at $115 billion, a 53 percent jump from the $75 billion it reached in November 2025. The sale priced shares at $2,0 [...]

Jensen Huang calls the AI jobs panic ‘complete nonsense’, and takes aim at his peers

Jensen Huang has heard the warnings. He is not buying them. The Nvidia chief runs the world’s most valuable company on the back of the AI boom. So when he calls the darkest predictions about that bo [...]

SpaceX draws $89 billion in demand for its debut bond sale, one of the largest US offerings this year

SpaceX has drawn roughly $89 billion in investor demand for its debut US bond sale, Bloomberg reported on Tuesday, setting the stage for one of the largest investment-grade offerings this year. The co [...]

A development bank just built a €1.4bn insurer in two years

A development bank has just minted a unicorn, and it took two years. Ominimo, a Budapest-based motor insurance startup founded by Serbian and Hungarian entrepreneurs, has closed a Series B led by the [...]

The UK’s top data and AI regulator has quit, a first in the office’s 40-year history

The UK’s top data and AI regulator has resigned. It is the first time it has ever happened. John Edwards stepped down as information commissioner on Friday, with immediate effect. His exit followed [...]