BAE-backed Expeditions raises €197M fund for European defence startups
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Nscale closes a $900m revolving credit facility to fund its data-centre build-out
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Latest news
ARTIFICIAL INTELLIGENCE
Axos buys AI fintech Arc Technologies to bolt modern software onto a bank
US digital bank Axos is buying Arc Technologies, an AI-native fintech that banks tech startups. The pitch: pair Arc's software with a real banking charter.
ARTIFICIAL INTELLIGENCE
Axos buys AI fintech Arc Technologies to bolt modern software onto a bank
US digital bank Axos is buying Arc Technologies, an AI-native fintech that banks tech startups. The pitch: pair Arc's software with a real banking charter.
ARTIFICIAL INTELLIGENCE
SAP freezes hiring and travel to shovel cash into AI
SAP has told staff it will freeze most hiring, halt non-essential travel and cut supplier spending to fund a “significant” AI push. The memo lands with Europe’s largest software company down about 33 per cent this year, as investors worry AI will erode demand for its core products.
APPLE
The Supreme Court lets Texas turn Apple and Google into the internet’s age gate
The US Supreme Court has declined to block the Texas App Store Accountability Act, which forces Apple and Google to verify users’ ages and get parental consent for minors. It is the clearest sign yet that the app store, not the website, is becoming America’s online age checkpoint.
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