Stark Defence, the Berlin-based strike drone startup founded in 2024, has raised €500 million in a round led by Sequoia Capital and Peter Thiel’s Founders Fund, Bloomberg reported on Monday. The deal values the company at more than three and a half billion euros, roughly triple the €1 billion mark it crossed earlier this year. […]<br /> This story continues at The Next Web [...]
Europe is pledging hundreds of billions to defence. Almost none of the venture money funding the technology behind it is European. Since 2019, the US has captured around 85 per cent of all NATO defenc [...]
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
One year after emerging from stealth, Strella has raised $14 million in Series A funding to expand its AI-powered customer research platform, the company announced Thursday. The round, led by Bessemer [...]
Sequoia Capital led a $1 billion Series B for Valar Atomics, valuing the nuclear startup at $6 billion. That is three times the $2 billion valuation from its earlier round just months ago. Atreides Ma [...]
Dario Amodei is not the kind of CEO who talks loosely about numbers. The Anthropic co-founder and chief executive, a former VP of research at OpenAI with a PhD in computational neuroscience from Princ [...]
Mistral AI, the Paris-based artificial intelligence company valued at €11.7 billion ($13.8 billion), today released Workflows in public preview — a production-grade orchestration layer designed to [...]
Expeditions, the Warsaw-based venture firm backed by BAE Systems and the NATO Innovation Fund, has closed a €197m ($225m) fund to back the next wave of European defence startups. The raise caps a bo [...]
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 [...]