AI tools are everywhere, so why do most people still use them like it’s 2015? Artificial intelligence now sits inside almost every tool you open, from search engines and office apps to browsers, phones, and creative software. Updates keep adding assistants, copilots, and generators, each one promising to change how work gets done. On paper, […]
Accel led the London chip startup’s round, with Pat Gelsinger joining as an angel investor, weeks after Anthropic was reported to be in early discussions to become a customer. Fractile, the London-based startup designing inference chips that put compute and memory on the same die, has raised $220 million to take its hardware to production, […]
Microsoft’s professional network becomes the latest name on a list that now includes Meta, Amazon, Oracle, and IBM, even as the same companies are guiding $725 billion of AI capital spending this year. LinkedIn is cutting roughly 5% of its staff, the latest reduction at a Microsoft-owned business and the most recent entry in a […]
Running out of money is a story as old as startups, and still highly relevant in 2026. According to recent findings of CB Insights, based on an analysis of 431 VC-backed companies that shut down since 2023, “ran out of capital” tops the list at 70%. Yet, while burn is often treated as the core […]
Flyers framing the Model Capability Initiative as an ‘Employee Data Extraction Factory’ appeared in US offices on Tuesday, with a petition and a UK unionisation drive in train By Tuesday afternoon, the flyers were everywhere. Meta employees at several US offices walked into meeting rooms, broke for coffee at vending machines, and used the restrooms […]
The Court of Justice has ruled that Italy’s AGCOM can require Meta to pay publishers for news snippets, the first time the bloc’s top court has weighed in directly. Meta lost its bid to overturn an Italian regulatory order requiring it to compensate publishers for the use of their news snippets, after the Court of […]
The Milan- and Chicago-based startup, backed by Azimut Libera Impresa’s IXC3 fund, plans to scale agentic AI for SMBs and pursue acquisitions in the US. Webidoo, an Italian-American AI company building software for small and medium-sized businesses, has closed a $25m funding round led by the IXC3 fund managed by Azimut Libera Impresa SGR. The […]
Christian Klein opened the SAP Sapphire keynote on Monday with a question that no chief executive of Europe’s most valuable technology company should need to ask. “Will SAP be a software company in the future?” The answer, delivered by SAP’s own AI assistant Joule at the end of the presentation, was that SAP is becoming […]
Bristol Myers Squibb has signed a deal worth up to 15.2 billion dollars with Jiangsu Hengrui Medicine, China’s largest pharmaceutical company by market capitalisation. The agreement covers 13 early-stage drug programmes across oncology, haematology, and immunology. None of the drugs have entered human clinical trials. The deal was announced on the same day that […]
While AI peers chase billion-dollar megafunds, the Eventbrite founder’s venture firm has gone the other way. Kevin Hartz, the Eventbrite co-founder turned long-time seed investor, has closed a $450m fund at A*, his San Francisco venture firm, according to Bloomberg. The vehicle pointedly avoids the multi-billion-dollar AI megafund template that has dominated venture fundraising for […]
