Exclusive: Vienna’s fonio.ai hits $10m ARR less than a year after switching on subscriptions

Vienna startup most of the tech world has not heard of just posted numbers that would turn heads anywhere. fonio.ai, a European platform for AI-powered customer calls, says it has surpassed $10m in an [...]

Intel raises up to $20bn to fund its foundry bet against TSMC

Intel has announced a $15bn common-stock offering, a sale that could swell to as much as $20bn if underwriters take up their overallotment options. It is a bold move for a company that, not long ago, [...]

House Democrats want answers from OpenAI and Anthropic on their rogue AI agents

US House Democrats have decided that AI agents breaking loose from their test environments is a matter for Congress, and on Monday they put that view in writing. Two letters went out, one to OpenAI an [...]

Germany’s Uniper pivots to data centres with a €5bn plan to power the AI boom

Uniper, the German energy giant that Berlin rescued from collapse three years ago, is betting its next chapter on the server racks now reshaping Europe’s power market. The utility plans to invest ar [...]

Anthropic signs a $9.1bn, 20-year cloud deal with bitcoin miner Riot Platforms

Anthropic has struck another enormous deal to feed its appetite for computing power, and this time the counterparty is a company that until recently made its money digging up bitcoin. The twenty-year [...]

Amkor weighs a $1bn-plus stake sale in its China chip unit

Amkor Technology, one of the world’s largest outsourced chip assembly and testing firms, is weighing a sale of a stake in its China operations, a deal that could value the unit at between $1bn and $ [...]

Vingroup’s VinSpace signs SpaceX to launch Vietnam’s first home-built satellites

VinSpace, a Vietnamese space startup that did not exist a year ago, has signed a contract with SpaceX to send its first home-built satellites into orbit in 2027. The company, a subsidiary of the spraw [...]

Nick Blair seeks $200m for pre-launch defence-tech startup Pyra

Nick Blair, a son of former UK prime minister Tony Blair, is trying to raise around $200m for a defence-tech startup that has not yet launched, reported by the Financial Times and described as ongoing [...]

HSBC Asset Management invests in Model ML’s ‘agentic operating system’ for banks

HSBC Asset Management has taken a stake in Model ML, a London startup building what it calls an agentic operating system for financial services, and the deal says as much about where the industry now [...]