TNW News : Business

Every co-founder Elon Musk recruited to build xAI has now reportedly left the company. Manuel Kroiss, who led the pretraining team, told people this month that he was departing. Ross Nordeen, described by Business Insider as Musk’s “right-hand operator,” left on Friday. They were the last two of eleven co-founders, all of whom have exited […]

TNW News : Technology

Meta is preparing to launch two new Ray-Ban smart glasses models designed specifically for prescription wearers, according to a Bloomberg report published on Thursday. The models, codenamed Scriber and Blazer, were first spotted in Federal Communications Commission filings and are expected to reach consumers as early as next week. They do not represent a new […]

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The Swedish deeptech company has signed a Grant Agreement with the European Commission under the EU Innovation Fund, unlocking €40.3M of a €83M project to expand its Tibro plant to 23,000 tonnes per year capacity by 2030. The material is already NATO-approved and shipping to customers in construction, defence, electronics and transport. PaperShell makes a […]

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Andy Shovel and Pete Sharman, who built THIS into a market-leading plant-based food brand, are pivoting hard. Keith is an AI-native regulated law firm targeting conveyancing first, with a 24/7 AI client agent and a target of reducing transaction times by 70%. Launch is Q3 2026. Andy Shovel’s previous company sold plant-based bacon and chicken. […]

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Spain’s largest life sciences VC is moving upstream with InceptionBio, its first fund dedicated to the riskiest stage of biotech: company creation from university and research centre spinouts. CDTI is an anchor LP. The target is at least three new companies in 2026. The hardest part of turning academic science into a biotech company is […]

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The Munich startup’s demo plant at Chemical Park Gendorf in Bavaria processes 1,500 tonnes of battery waste a year and produces 100 tonnes of high-purity lithium carbonate, at costs the company says are twice as competitive as conventional miners. A full-scale facility capable of 45,000 tonnes per year is planned for 2030. Europe has a […]

TNW News : Environment, Technology

Shield AI, the San Diego defence technology company behind the autonomous pilot system Hivemind, announced on Wednesday that it has raised $2 billion in combined funding at a $12.7 billion valuation. The company will use part of the proceeds to acquire Aechelon Technology, a simulation platform that supports the Pentagon’s Joint Simulation Environment. The raise […]

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The London-based personalised supplement startup, which uses blood biomarker data to formulate individual supplement regimens, will be integrated into Herbalife’s 95-market network. The $55M guaranteed price is paid over five years; up to $95M in additional contingent payments takes the total to $150M. Herbalife has been searching for a credible data-driven answer to the personalisation […]

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The Cambridge-based AI company, founded by a former Amazon Alexa research scientist, builds a self-learning economic map that models companies as multidimensional entities rather than forcing them into a single bucket. MiddleGame Ventures led; Unusual Ventures returned. Amazon is not a retailer. It is also a cloud computing provider, a logistics operator, an advertising network, […]

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On-road testing in Croatia’s capital is already underway using Pony.ai’s Gen-7 system on the Arcfox Alpha T5, a Chinese-manufactured robotaxi. Uber intends to invest in Verne. The three companies plan to scale to thousands of vehicles across Europe, but have declined to announce a commercial launch date. Mate Rimac built his reputation making electric hypercars […]