The Paris-based AI-native real-estate company, founded by Entrepreneurs First alumni Mehdi Rais and Amine Chraibi, has Heartcore and Balderton co-leading the round, an unusual cap-table for a pre-seed. The technical pitch is more interesting than the headline. There is a particular shape of European AI seed round that has, in 2026, become harder to land […]
What started in mid-April as a $300m raise at a $10bn valuation, with Alibaba and Tencent talking, is now an FT-reported deal at $45bn led by the China Integrated Circuit Industry Investment Fund. The strategic logic has changed substantially. There is, in venture-capital pricing, a particular kind of ascent that does not normally happen to […]
The founders of IronSource spent a decade building tools that helped mobile app developers monetise their products through advertising. They sold that company to Unity for $4.4 billion in 2022, watched Unity dismantle the ad network they had built, left in 2024, and have now returned with a company whose premise is that the entire […]
ServiceNow has, in 2026, become one of the more carefully watched test cases for whether enterprise software companies can ride the AI wave or be displaced by it. On Monday, the company gave investors its strongest answer yet. Bloomberg reported that ServiceNow projected $30bn in subscription revenue by 2030, with chief financial officer Gina Mastantuono […]
The financing scaffolding around AI infrastructure keeps growing. Bloomberg reported on Sunday that Meta Platforms is working with Morgan Stanley and JPMorgan Chase on a financing package of roughly $13bn for a single data centre in El Paso, Texas. If completed at the size discussed, it would be one of the largest single-site digital-infrastructure financings […]
Katie Haun has raised $1 billion for two new venture funds at Haun Ventures, split evenly between early and later-stage vehicles to be deployed over the next two to three years. The capital will go into crypto and blockchain companies, which have been the firm’s focus since Haun left Andreessen Horowitz in 2022 to […]
Eighteen months after a €9m pre-seed, the Freiburg-based pioneer of TabPFN is being acquired by SAP and will receive more than €1bn over four years. The terms are not disclosed; the strategic intent is unmistakable. When Frank Hutter, Noah Hollmann, and Sauraj Gambhir founded Prior Labs in early 2024, the AI world was paying attention […]
Blackstone Digital Infrastructure Trust will list on the NYSE under BXDC, targeting newly built data centres leased to hyperscalers. It is the most direct way Wall Street has yet packaged the AI build-out for public investors. For most of the past 18 months, the financial story behind the AI build-out has been a story about […]
The Belgian pharma is buying a two-year-old San Diego biotech for $2bn upfront, the second TCE bet it has placed in months. The thesis: B-cell killers built for cancer can rewire how autoimmune diseases are treated. Candid Therapeutics is two years old. It does not have an approved drug. Its lead programme has been tested […]
Kennan Frost dropped out of college, worked as an engineer at Pinterest, had a panic attack, quit, applied to Y Combinator in 2020, and by his own account failed his way through the programme until a pivot to subscription payments changed everything. Five years later, on 30 April 2026, the company he built, Skio, was […]
