a16z has raised $1.1bn to invest in the physical layer of AI

Andreessen Horowitz has closed a $1.1bn fund that will invest exclusively in hardware. The Machine Age Fund, announced on Friday, covers the physical layer artificial intelligence runs on, from chips [...]

France’s Pasqal is public, with $360M and a valuation of about 100 times revenue

Pasqal began trading on Nasdaq on Friday under the ticker PSQL, five months after announcing it would go public through a special purpose acquisition company. Shares surged on the debut, according to [...]

BMW has sold two million electric cars, and Europe bought seven in ten of the ones it shifted last quarter

BMW has delivered its two millionth fully electric vehicle, an i5 M60 xDrive built at Dingolfing and handed to a customer in Spain. Europe accounted for 81,445 of the 116,807 battery-electric cars the [...]

Meta’s glasses now stop recording if you cover the LED

Meta has updated its smart glasses so the camera stops when someone covers the recording light, the second such fix in two months, and is running an ad campaign explaining what the LED means. European [...]

Lambda inks $1B private debt for Nvidia chip deal

Lambda has raised about $1B of private short-dated debt arranged by JPMorgan to buy Nvidia GPUs that Microsoft will lease, according to Bloomberg. The same structure funds Nebius, which borrowed $775M [...]

Lucid recalls 27,185 Air sedans over a software fuse that did not cut the power

Lucid is recalling 27,185 Air sedans because the software eFuse protecting their exterior lighting circuits can allow overheating, with owners told to park away from structures until the car is update [...]

I’m 19, and I’ve watched more than 200 brands quietly give up on influencers

I’m 19, and I’ve had an odd seat for the last couple of years of the creator economy. My company runs a marketplace that connects consumer brands with creators, and it’s grown to more than 200 b [...]

Tim Draper, the SpaceX and Tesla investor, is selling his $7.9M private island in Tanzania

Tim Draper is selling his island in Lake Tanganyika for $7.9M or best offer, announcing it himself on X and inviting offers directly by email. The ECB reported this month that EU venture capital funds [...]

Why businesses need clearer limits before AI agents are authorized to act

A 2026 IBM study points to questions about AI readiness, visibility, and control. The survey of 2,000 C-level technology executives found 11% felt fully prepared for the AI-agent deployment expected o [...]