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Perplexity is sticking with a 2028 IPO while OpenAI and Anthropic race to list this year
Artificial Intelligence
Attending the TNW Event 2026?
Meet the people shaping the future of technology.
Explore event
Latest news
DEEP TECH
A UK startup says it can cut data centre network power by 81% by replacing every electrical switch with light
Oriole Networks is deploying the world’s first pure photonic AI network at scale, backed by AMD and the UK’s £50 million ARIA Scaling Inference Lab.
INVESTORS AND FUNDING
Databricks is raising again at up to $175 billion, four months after closing at $134 billion
The data platform has discussed a new round that could begin next month, with CEO Ali Ghodsi privately signalling an IPO as soon as next year.
CARS
BYD says demand is double its capacity, but its sales data tells a different story
Executive vice president Stella Li says domestic demand is double what BYD can deliver, but the company's May sales were essentially flat year on year and a New York watchdog's labour abuse allegations at its Hungary factory remain unresolved
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