63% of Europe’s new data centre capacity is now going somewhere other than the big five

Europe’s data centre capacity will reach 13 gigawatts by the end of 2026, a fifth more than last year, and most of the new supply is no longer landing where the industry has always built. Of the rou [...]

Rillet raises $100mn at a $1bn valuation to put AI agents inside the general ledger

Rillet, a startup that rebuilds corporate accounting around AI, has raised $100mn at a $1bn valuation, making it the latest AI unicorn. ICONIQ led the Series C, the company told Fortune in an exclusiv [...]

Einride is buying 500 Tesla Semis, and Amazon owns a piece of the buyer

Einride is buying 500 Tesla Semis, and Amazon quietly owns a slice of the company that will run them. The Swedish electric-trucking firm said on Tuesday it will deploy the 500 electric big rigs for Am [...]

Most Americans under 30 are now more worried than excited about AI

Pew found that 55% of Americans under 30 are now more concerned than excited about AI, the first majority since it began asking in 2021, with 73% expecting fewer jobs. A European Commission survey fou [...]

Anthropic’s revenue passed OpenAI’s for the first time last quarter

OpenAI grew more slowly than Anthropic last quarter, and for the first time its rival’s sales came in higher. OpenAI told investors its revenue rose 18 percent from the first quarter to the second, [...]

The $2.1 Billion “worst idea ever”: How Gamma built a profitable empire with 50 people

Grant Lee still remembers the investor’s verdict. “Yeah, so the investor said it was the worst idea he had ever heard”. The call came in 2020, when Grant Lee and co-founders Jon Noronha and Jame [...]

Anthropic says Claude designed working protein binders, and beat human experts on some

Anthropic says its Claude models designed working protein binders and ran a chemical-analysis job in minutes. It published the two experiments on Tuesday. The company reported the results itself. It f [...]

Nebius is raising $4.5bn in convertible bonds to build AI data centres

Nebius Group said on Wednesday that it plans to raise $4.5 billion by selling convertible bonds. It will use the money to build data centres for artificial intelligence. The Amsterdam-based company se [...]

Temporal is in talks to raise $500mn at a $12bn valuation, double February

Temporal Technologies is in talks to raise around $500 million, Bloomberg reported on Tuesday. The round would value the software startup at $12 billion or more before the new money, the news agency s [...]