TNW News : Business

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162,000-person workforce and free up $8-10 billion to fund AI infrastructure. Oracle has not confirmed the total number. Oracle began executing what […]

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The Ontario startup combines AI with trained human professionals to help patients navigate PCOS, endometriosis, fertility, and perimenopause, the conditions with the longest diagnostic delays and most fragmented care in the system. Graphite Ventures led the round. When a patient receives a specialist referral, a confusing test result, or a diagnosis that landed in their […]

TNW News : Business

The French open-source orchestration platform has grown enterprise revenue 25x in 18 months and executed over 2 billion workflows in 2025. RTP Global leads the round; total funding reaches $36M. Kestra, the open-source orchestration platform for data, AI, infrastructure, and business workflows, has raised a $25 million Series A led by RTP Global, with continued […]

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The Paris-based precision fermentation startup has already validated industrial-scale production of its Advanced Casein with Bel Group. The Series B will fund its US commercial rollout in 2026, with Europe and Asia from end 2027, pending regulatory approvals. Standing Ovation, the Paris-based precision fermentation startup producing casein from dairy waste streams, has raised €30 million […]

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The new service, available from today across Asia, Europe, and Latin America, lets guests pre-book airport and station transfers directly in the Airbnb app. It’s not available in the US, Canada, or Africa, yet. Airbnb has launched private car transfers in more than 125 cities across Asia, Europe, and Latin America, partnering with UK-based airport transfer […]

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ReCeramix™, made from over 90% recovered ceramic and construction waste, is already in use at Stockholm boutique hotel Ett Hem, members’ club Angel House, and Fotografiska. The round was valued at €3M; the raise amount was not disclosed. Stockholm startup Enkei has closed a pre-seed round at a €3 million valuation to commercialise ReCeramix™, its […]

TNW News : Technology

Brad Smith met Prime Minister Anutin Charnvirakul in Bangkok to announce the 2026-2028 investment spanning data centre infrastructure, cybersecurity, sovereign technology, and AI skills training for millions of Thai workers. Microsoft has announced a commitment of more than $1 billion in cloud and AI infrastructure in Thailand between 2026 and 2028, the company’s largest publicly […]

TNW News : Business

Empirical Ventures, which backs what it calls “venture scientists”, PhDs building deeptech companies across energy, materials, and life sciences, has received a fresh £10M commitment via the BBB’s Regional Angels Programme, taking total support to £15M. Empirical Ventures, the Bristol-based deeptech fund co-founded by two scientists-turned-investors, has secured a £10 million commitment from the British […]

TNW News : Business

The wool sneaker brand that briefly hit a $4 billion valuation in 2021 has agreed to sell all its assets and IP to American Exchange Group. The company is dissolving. Shares jumped 36% after-hours because $39M is still a premium over where they were already trading. Allbirds has agreed to sell all of its intellectual […]

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The South Korean fabless AI chip company, backed by Samsung, SK Hynix, and Aramco, raises $650M in six months and targets Meta and xAI as US customers. Korea’s National Growth Fund chose Rebellions as its very first investment. Rebellions, the South Korean AI inference chip company, has closed a $400 million pre-IPO funding round led […]