TNW News

A Paris startup wants to loosen Nvidia’s grip on AI, not with a new chip, but with software. ZML has released a free tool that runs open-source models fast across Nvidia, AMD, Google, Apple and Intel silicon alike. Nvidia still rules AI hardware, but its walls keep thinning. ZML, a Paris startup backed by AI […]

TNW News : Business

OpenAI wants the work that once belonged to consultants. Its deployment arm has agreed to buy Northslope, an applied-AI firm, the company told Axios in an exclusive on Wednesday. It did not disclose terms, and the deal still needs regulatory clearance. The purchase marks its second in two months. The OpenAI Deployment Company launched in […]

TNW News : Business

Jeff Bezos is opening Blue Origin to outside money at last, in a round that values the rocket firm at $130 billion, CNBC reports. It follows Elon Musk’s record SpaceX IPO and pits the two space fortunes against each other again. Blue Origin is raising outside capital for the first time. Jeff Bezos’s rocket company […]

TNW News : Business

Nomagic, a Warsaw-based warehouse robotics firm, put a vision-language-action model into live customer operations. It says the model roughly halved the rate at which its robots stall for human help. Its new AI lab, run by a former Google DeepMind researcher, is betting on mastery before generality. A Polish robotics company has quietly done the […]

TNW News : Business

MiniMax plans its biggest model yet, a 2.7-trillion-parameter system it intends to open-source, The Information reports. It would be the largest Chinese model on the market, and another squeeze on US labs’ margins. China’s open-model push has a new heavyweight on the way. MiniMax plans a large language model with 2.7 trillion parameters, The Information […]

TNW News : Business

SpaceXAI and Cursor could ship their first jointly built AI model as soon as Wednesday, according to The Information. An internal memo pits it against Anthropic’s Opus 4.8 and OpenAI’s GPT-5.5. Elon Musk’s freshly renamed AI company is about to test itself against the frontier. SpaceXAI and Cursor plan to launch their first jointly developed […]

TNW News

Lovable, the Swedish vibe-coding startup, is in talks to raise $300m at a $13.2bn post-money valuation, Sifted reports, citing two people familiar with the deal. The figure would roughly double the $6.6bn valuation it commanded at its $330m Series B in December. The round is still under discussion rather than done, so the numbers could shift, and […]

TNW News

Geothermal used to mean shallow wells and modest heat. Quaise wants to drill kilometres down and blast the rock with microwaves, and it just raised $134 million to try. Quaise Energy has raised $134 million to drill for superhot rock deep underground, Bloomberg reports. Prelude Ventures led the first close of the Series B, the […]

TNW News

Most AI legal startups sell software to law firms. Norm Ai built its own firm instead, and investors just valued the bet at $1.2 billion. Norm Ai has raised $120 million in a Series C round that values the New York startup at $1.2 billion, Bloomberg first reported. Khosla Ventures, an early backer of OpenAI, […]

TNW News : Technology

Axos is buying Arc Technologies, an AI-native fintech that banks tech startups, and bolting its software onto a chartered bank. Axos Financial, a US digital bank with about $29bn in assets, has agreed to acquire Arc Technologies, the company announced. Arc runs a financial platform for technology and growth companies, bundling cash management, debt financing, […]