Amazon has agreed to a $17.5 billion delayed-draw term loan led by Citigroup, the latest in a borrowing spree fuelled by its race to build AI infrastructure. The cash is available through the end of September. Each draw has a three-year repayment window. JPMorgan Chase, Bank of America, HSBC, and Wells Fargo are among more […]

German robotics company NEURA Robotics has announced up to $1.4 billion in Series C funding to scale its cognitive robotics platform. The round values the company at approximately $7 billion, according to Bloomberg. NEURA says it is the largest funding round ever raised by a full-stack robotics company. The investor list spans crypto, chips, cloud, […]

Security researchers at Varonis built an OpenClaw email agent, connected it to a Gmail inbox with fake company data, and then phished it. The agent, dubbed Pinchy, handed over AWS credentials, database connection strings, and a customer export without verifying who was asking. It took a single impersonation email. The experiment tested whether AI agents […]

A covert botnet linked to Chinese state-sponsored hackers has more than doubled in size and is now scanning for newly disclosed vulnerabilities within hours of publication. The JDY botnet comprises over 1,500 compromised small office and home office routers, firewalls, and IoT devices, according to new research from Lumen’s Black Lotus Labs. Most of the […]

More than 4,000 current and former SpaceX employees are expected to become millionaires when the company begins trading on Nasdaq this week, according to an analysis by Hill.com. Of those, approximately 400 are projected to hold stakes worth $100 million or more. The wealth creation will not be limited to engineers and executives. SpaceX has […]

The IPO filings by SpaceX, OpenAI, and Anthropic have created a pipeline of US tech offerings worth approximately $3.6 trillion. That wave is going to generate appetite for European tech deals too, according to Ygal el Harrar, global head of equity capital markets for the technology industry at BNP Paribas. “Liquidity attracts liquidity,” he said in […]

The top 1% of US companies by AI adoption spend $7,500 per employee per month on AI tools and compute. The median firm spends $11.38. That 680x gap, drawn from the Ramp AI Index, is the clearest picture yet of how unevenly AI spending is distributed across American business. Ramp describes the top 1% as […]

Boeing unveiled an upgraded version of its MQ-28 Ghost Bat uncrewed combat aircraft at the ILA Berlin air show on Wednesday, adding an internal weapons bay, a 25% larger wing, and 2,000 pounds of additional payload capacity. The upgrades are designed to give Boeing the edge over Helsing, the German AI defence startup whose CA-1 Europa […]

Trump Media & Technology Group, TAE Technologies, and Texas Ventures Acquisition III have decided not to proceed with a planned spinoff of Truth Social and other media assets. The three companies said in a statement on Wednesday that Trump Media and TAE remain committed to closing their $6 billion merger in the fourth quarter of 2026 or […]

India has effectively frozen the approvals Starlink needs to begin commercial operations in the country. Security agencies under India’s Ministry of Home Affairs withheld final clearances after SpaceX allowed Starlink access inside Iran despite not having a licence to operate there, Bloomberg reported. The timing is awkward: SpaceX’s IPO, expected to raise $75 billion at […]