A Kazakh fund-of-funds just made its first public venture bet on Central Asia’s startup boom

Kazakhstan’s Alem Capital Management has anchored a regional venture capital fund backing technology startups across Central Asia and the Caucasus, marking the fund-of-funds manager’s first public [...]

Qualcomm Buys Buzzy Chip Startup Modular for Nearly $4 Billion

Modular, one of the most promising chip software startups of the AI era, heads for a multibillion-dollar exit. [...]

Electric air taxis are drawing billions. E-scooters showed what comes next

Urban mobility startups burned through billions before cities forced a reckoning. Air taxis are following the same funding logic at a greater scale [...]

Riviera Partners acquires AI startup recruiter Lateral Labs as the talent war reshapes executive search

Riviera Partners, the Insight Partners-backed executive search firm that has placed technology leaders at companies including Uber, Snowflake, Figma, and Discord, is acquiring Lateral Labs, a recruiti [...]

Liquid AI's smallest model yet LFM2.5-230M beats models 4X its size at data extraction, can run 'anywhere'

Liquid AI, founded by former MIT computer scientists, today released its smallest AI language model yet, LFM2.5-230M, and enterprises would do well to consider it for their uses in data extraction and [...]

Anthropic launches Claude Sonnet 5 at a steep discount to its top model as the company races toward a blockbuster IPO

Anthropic today released Claude Sonnet 5, a new AI model that the company says delivers near-flagship performance at mid-tier prices — a move designed to give cost-conscious enterprise developers ac [...]

Meta reportedly wants to start a cloud computing business to compete with AWS, Azure and others

Facebook's parent company could be launching a new Meta Compute business to sell excess capacity to other hyperscalers and startups. [...]

Skello raises €200M and its founders end up owning more of the company

Most big funding rounds shrink the founders’ slice. Skello’s just grew it. The profitable French HR startup has raised €200m to go shopping across Europe. Paris-based Skello has raised €200m l [...]

Axos buys AI fintech Arc Technologies to bolt modern software onto a bank

Axos is buying Arc Technologies, an AI-native fintech that banks tech startups, and bolting its software onto a chartered bank. Axos Financial, a US digital bank with about $29bn in assets, has agreed [...]