Britain didn’t drop its Apple backdoor. It cut the Americans out and tried again.

Britain tried to force a backdoor into Apple’s encryption last year and lost. It has not given up. It has narrowed the demand, served it again, and Apple is back in a secret court to fight it. Apple [...]

Nvidia and Dell back AI cloud startup Volta at a $2.4bn valuation

A new company wants to be the one that pays for everyone else’s AI chips. Volta Infra Holdings has raised $300m in venture funding and lined up a further $5bn in financing to help a broader range of [...]

Someone posted 55 vulnerabilities in days. 54 were AI-invented. One still scored a perfect 10.

The software industry runs on a shared list of known bugs. Someone is now seeding that list with breakage that no one ever found. Security firm JFrog found six critical SQLite flaws that were pure fic [...]

OpenAI flew influencers to a nature resort to fix its image. The internet called it greenwashing.

OpenAI has an image problem, and it just spent a weekend making it worse. The company flew a group of influencers to a luxury resort to soften how the public sees AI. The internet took one look and ca [...]

HappyRobot raises $150m Series C to put AI agents to work across the enterprise

HappyRobot has raised $150m in Series C funding to expand its business of putting AI agents to work inside large enterprises. The round, led by Prysm Capital and co-led by Eurazeo, values the company [...]

Anthropic signs a $10bn compute deal with a week-old cloud startup

Anthropic has found another place to buy computing power, and this time it is a company barely old enough to have a logo. The AI developer has signed a $10bn, six-year deal with Volta, a cloud startup [...]

Obsidian Security hits a $1.1bn valuation as AI reshapes the threat

Obsidian Security has become the latest cybersecurity company to be repriced upward by artificial intelligence. The SaaS-security firm has raised a fresh funding of $85 Million Series D at a $1.1bn va [...]

Snap is losing its $10 users and gaining $1 ones. It beat anyway, and the stock jumped.

Snap had a good quarter, and the market treated it like a rescue. The shares jumped after hours, up as much as 13%, once the company beat estimates. The catch is where that rally begins: a stock near [...]

Ex-Nubank team raises $85m for Decade, an AI wealth adviser promising “a generation of millionaires”

Two former Nubank executives have raised $85m to build an AI wealth adviser in Brazil. Their backers call it the largest seed round in Latin American history. The startup, Decade, came out of stealth [...]