Moonshot is chasing a $50bn valuation, and it wants two funding rounds to get there

China’s Moonshot AI is raising money at a pace that would make most startups dizzy. The lab should close a round that values it at $31.5 billion in the coming days, Bloomberg reported. It then plans [...]

OpenAI and Anthropic now out-lobby Nvidia in Washington

The AI industry is buying a bigger seat at the table. OpenAI and Anthropic set records for federal lobbying in the second quarter of 2026, CNBC reported. Together they spent $3.17 million, up 23% from [...]

Silicon Valley Is Completely Divided Over Chinese AI

The AI “startups” worth billions of dollars are raising alarm bells about Chinese AI. The smaller players have a totally different take. [...]

Nuclear Turbines raises £15M for compact reactors it says could undercut fossil fuels

Nuclear power usually arrives with a very large price tag and a very long wait. Nuclear Turbines, a Manchester startup spun out of BAE Systems, has raised £15M to argue that it need not be either, at [...]

A development bank just built a €1.4bn insurer in two years

A development bank has just minted a unicorn, and it took two years. Ominimo, a Budapest-based motor insurance startup founded by Serbian and Hungarian entrepreneurs, has closed a Series B led by the [...]

MCP just got its biggest update ever — here’s what changes for AI agents

The Model Context Protocol, the open standard that has quietly become the connective tissue between AI agents and the world's software, is getting its largest update since Anthropic released it t [...]

This Cambridge startup is building a ‘foundation model’ for the chest to speed drug trials

Most AI imaging startups build one model per disease. A Cambridge company has raised $20m to build a single model for the whole chest. Then it can spin the rest out of that. Qureight makes AI imaging [...]

Why the GTM playbook stopped working.

The old SaaS GTM playbook is getting expensive and invisible. Three startups stopped optimising it and started building things buyers actually wanted. The go-to-market playbook didn’t stop working b [...]

Everyone else is shrinking satellites. K2 raised $500m to build giant ones, and put AI in orbit.

Most satellite startups are racing to build smaller. K2 Space is going the other way, on purpose. Investors just handed it $500 million to keep going bigger. K2 raised a $500 million Series D at a $6. [...]