Klarna just struck a $1.7 billion deal to free up capital for $40 billion in lending. Its stock is down 76 per cent from its IPO high.

Six months after listing on the New York Stock Exchange at $40 a share, Klarna is trading at roughly $12. The Swedish buy-now-pay-later company that once symbolised European fintech’s arrival on Wal [...]

JAAQ raises $17M to embed clinically governed mental health content inside the digital tools people already use

The London-based platform, which already covers 1.5 million eligible lives across enterprise and healthcare deployments, is using the Series A to accelerate US market entry and deepen its clinical inf [...]

LLM-referred traffic converts at 30-40% — and most enterprises aren't optimizing for it

For more than two decades, digital discovery has operated on a simple model: search, scan, click, decide. That worked when humans were the ones doing the web searching; but with the advent of AI agent [...]

Netflix will stream its 2025 Tudum event on Netflix

Netflix's next Tudum fan event will take place on May 31 in Los Angeles. For the first time, the company will stream the event live on its own platform. Past iterations have been livestreamed on [...]

Berlin’s Cloover secures over $1.2 Billion to build the “Shopify of Energy”

Berlin’s energy transition sector got a defining boost today as Cloover, a climate fintech based in Berlin, announced it has secured more than $1.2 billion in total capital commitments, combining Se [...]

Legal AI platform Legora raises $550m at a $5.55bn valuation

The Stockholm-born company has gone from zero to $5.55 billion in under two years, and it is not slowing down. There is a standard piece of mythology in the legal profession: that lawyers are resistan [...]

ScaleOps raises $130M to autonomously manage cloud and AI infrastructure

The New York and Israel-based startup, founded by a former Run:ai engineer and professional triathlete, has grown 350%+ year-on-year and counts Adobe, Wiz, DocuSign, and Salesforce among its customers [...]

Substack CEO informs users of a data breach

The digital publishing platform Substack has told some of its users that their data was stolen in a security breach. The affected account holders had their email addresses and phone numbers scraped in [...]

IBM's open source Granite 4.0 Nano AI models are small enough to run locally directly in your browser

In an industry where model size is often seen as a proxy for intelligence, IBM is charting a different course — one that values efficiency over enormity, and accessibility over abstraction.The 114-y [...]