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OpenAI backs a nine-month-old startup building swarms of AI agents at a $650 million valuation

Isara, a San Francisco startup that is building software to coordinate thousands of AI agents on complex analytical tasks, has raised $94 million at a $650 million valuation, with OpenAI among the inv [...]

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Ysios Capital launches €100M fund to build biotech companies from Spanish science

Spain’s largest life sciences VC is moving upstream with InceptionBio, its first fund dedicated to the riskiest stage of biotech: company creation from university and research centre spinouts. CDTI [...]

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PaperShell secures €40.3M EU grant to build its first full-scale factory

The Swedish deeptech company has signed a Grant Agreement with the European Commission under the EU Innovation Fund, unlocking €40.3M of a €83M project to expand its Tibro plant to 23,000 tonnes p [...]

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SoftBank secures $40B bridge loan to fund its OpenAI bet

The unsecured facility, arranged with JPMorgan Chase, Goldman Sachs, Mizuho, SMBC and MUFG, matures in March 2027. Once SoftBank’s $30B follow-on investment in OpenAI closes, its cumulative stake wi [...]

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Meta grants executives up to $921 million in stock options on the same day it lays off 700 workers

Meta disclosed in SEC filings on Tuesday that it had granted stock options to six of its most senior executives, the first such awards since the company’s 2012 IPO. Hours later, it laid off approxim [...]

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OpenAI’s new $100 ChatGPT Pro plan targets Claude Max with five times the Codex access

In short: OpenAI launched a new $100 per month Pro plan for ChatGPT on 9 April 2026, inserting a new tier between the existing $20 Plus plan and the $200 Pro plan and directly targeting Anthropic’s [...]

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The class of 2025 is using AI in job interviews, and a startup industry is cashing in

The class of 2025 graduated into the worst entry-level job market in five years. Now a growing number of them are using AI tools during live job interviews, and a cottage industry of startups is rushi [...]

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All 11 xAI co-founders have now reportedly left Elon Musk’s AI company

Every co-founder Elon Musk recruited to build xAI has now reportedly left the company. Manuel Kroiss, who led the pretraining team, told people this month that he was departing. Ross Nordeen, describe [...]

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Meta’s new prescription Ray-Ban smart glasses are a distribution play, not a technology leap

Meta is preparing to launch two new Ray-Ban smart glasses models designed specifically for prescription wearers, according to a Bloomberg report published on Thursday. The models, codenamed Scriber an [...]

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