Amazon-backed nuclear startup X-energy files for an IPO that could raise up to $814M

X-energy is targeting a share price of $16–$19, which at the high end values the IPO at around $814M. Amazon led a $500M round and has committed to buying up to 5GW of nuclear power from the company [...]

The Italian deeptech making graphene-based optical chips gets €211M

CamGraPhIC, a subsidiary of Milan-based 2D Photonics, has received European Commission approval for €211M in Italian state funding to industrialise its graphene photonic interconnect technology and [...]

Musk is asking chip suppliers to move at ‘light speed’ for his Terafab AI chip plant

According to Bloomberg, teams from SpaceX and Tesla have approached Applied Materials, Tokyo Electron, Lam Research, and Samsung for price quotes and delivery times on chipmaking equipment.  Teams wo [...]

Apple secretly threatened to pull Grok from the App Store over deepfake nudes

A letter Apple sent to US senators, obtained by NBC News, reveals that Apple rejected an initial Grok update and warned the app could be removed unless xAI made further changes. Only a second submissi [...]

Amazon launches AI Bio platform to accelerate early-stage drug discovery

Amazon Web Services (AWS)  announced this Tuesday the launch of its AI bio tool, Amazon Bio Discovery, to accelerate the early-stage process of drug discovery in the pharmaceutical industry. The appl [...]

Exclusive: Make opens a mentorship office at STATION F

The Celonis-owned visual automation platform, which already has more than 200 STATION F startups on its programme, is putting a permanent on-campus presence in Paris as it targets France as a strategi [...]

UK banks get their Mythos briefing within days

The Bank of England’s Cross Market Operational Resilience Group will convene within days to brief major UK banks, insurers, and exchanges about Anthropic’s Claude Mythos Preview. This unreleased A [...]

Cambridge biotech STORM Therapeutics raises $56M

STC-15 is the world’s first RNA-modifying enzyme inhibitor to reach human trials. Phase 1 showed durable tumour regression across multiple sarcoma subtypes. The $56M Series C is backed entirely by e [...]

Spektr raises $20M to replace the compliance analyst’s copy-paste workflow with AI agents

The Copenhagen fintech has built a platform of specialised AI agents that handle KYC and KYB work, document reviews, ownership mapping, risk rationale, in minutes rather than hours. NEA led the Series [...]