Velaura raises $110mn to sell AI chips that cut the power bill, not the clock speed

A chip startup that promises to cut the power AI uses has raised $110mn and crossed a $1bn valuation. Velaura AI, based in Santa Clara, announced the Series A round on Tuesday. The company said in a s [...]

A father of the internet wants to give AI agents an identity

Soon the internet will be full of AI agents acting on our behalf. Right now, there is no reliable way to tell who stands behind any of them. Vint Cerf, one of the people who built the internet, wants [...]

A Face ID pioneer raised $52M to read the brain like a blood test

One of the minds behind Apple’s Face ID wants to point AI at something harder than a face. He wants it to read the brain. His startup, Hemispheric, has come out of stealth with $52M. The Tel Aviv fi [...]

The UK won’t restrict VPNs after all, and its own research is why

The UK looked set to crack down on VPNs as it tightens the rules for children online. Instead it has backed off, and its own research is the reason why. Online Safety Minister Kanishka Narayan put it [...]

Oak raised $60M to give every user, machine, and AI agent one identity system

Most companies still cannot say who, or what, has access to their systems at any given moment. Oak, an Israeli startup, has raised $60M to fix that, and it is betting AI agents make the problem urgent [...]

Anthropic and Blackstone bet the next fortune in AI is implementation, not models

The race in AI has been about who builds the best model. A new company backed by Anthropic thinks the real money sits elsewhere: in getting those models to actually work inside big companies. That com [...]

Bunkerhill Health raised $55M to put AI agents to work inside hospitals

The hard part of medical AI was never the model. It was getting a hospital to actually run it. Bunkerhill Health has raised fresh money to close that gap. The startup closed a $25m Series B led by Kho [...]

Apple is preparing an OLED iPad mini for October as its tablet lineup expands

Apple is preparing the biggest overhaul of its iPad mini in half a decade, with plans to release a version featuring an OLED display by October, according to people familiar with the matter. The curre [...]

Microsoft is rebuilding its security business around AI, and cutting hundreds

Microsoft is the biggest seller of cybersecurity software on the planet. Now it is tearing that business up and rebuilding it around AI. The overhaul means more AI security tools, fewer traditional pr [...]