The round, led by Schroders Capital, follows January’s acquisition of Berlin-based StackFuel and 50% year-on-year revenue growth. Customers include the AA, Babcock, and Capital. Multiverse, the London-based AI- and tech-upskilling platform founded by Euan Blair, said on Friday it had raised $70m in primary funding led by Schroders Capital, at a $2.1bn valuation. Existing investors, […]
A federal judge in San Francisco wanted more detail on lawyers’ fees and lead-plaintiff payments before signing off on what would be the largest copyright settlement in US history. A federal judge in San Francisco declined on Thursday to give final approval to Anthropic’s proposed $1.5bn settlement with authors who say the company trained its […]
The company dropped its preconditions on Friday. The NSEU said it would hear new offers from 7 June, three days after the planned 18-day walkout ends. Samsung Electronics asked its largest union on Friday to come back to the bargaining table without conditions. The union said yes, eventually. Talks could resume on 7 June, the […]
Greer told Bloomberg TV the bilateral did not address chip controls, even as Reuters reported the Trump administration cleared Nvidia H200 sales to several Chinese firms after the Xi meeting. Semiconductor export controls were not a major topic at this week’s US-China bilateral meetings in Beijing, US Trade Representative Jamieson Greer told Bloomberg TV on […]
Three weeks of testimony in Judge Gonzalez Rogers’s Oakland courtroom end with Musk in Beijing on Trump’s state-visit delegation and deliberations beginning Monday. Closing arguments in Musk v. Altman wrapped on Thursday afternoon in Judge Yvonne Gonzalez Rogers’s Oakland courtroom, sending the nine-person jury home for the weekend and into deliberations that begin Monday. Three […]
For ten months, Figma has been a case study in how quickly Wall Street can fall out of love. The company went public on 31 July 2025 at $33 a share, soared past $140 on its debut, and has spent most of 2026 in freefall, battered by Google’s free Stitch design tool, Anthropic’s Claude […]
Joshua Kushner’s Thrive Capital has taken a roughly $100 million stake in Shopify, according to Bloomberg, which cited people familiar with the matter. The investment is notable less for its size, $100 million is a rounding error in a firm that raised more than $10 billion for its latest fund, than for what it signals […]
Alex Karp has spent the past fortnight telling anyone who will listen that Palantir Technologies is indispensable. Retail investors and the German military have arrived at the opposite conclusion, and their timing is almost perfectly synchronised. In the week through 13 May, individual investors were net sellers of $82 million worth of Palantir shares, […]
OpenAI’s partnership with Apple, announced to considerable fanfare in June 2024, is fracturing. The AI company’s lawyers are actively working with an outside legal firm on options that could include sending Apple a formal notice alleging breach of contract, according to Bloomberg, which cited people familiar with the deliberations. No lawsuit has been filed, […]
Carta has spent the past eight months buying its way toward something that did not exist a year ago: a single platform that handles dealmaking, fund operations, investor relations, and now legal and compliance work for the private capital industry. The acquisition of Avantia, a UK-based AI-powered law firm for asset managers, is the […]
