Backed VC has closed its largest fund yet at $100 million while simultaneously running a secondary sale program for its LPs. The firm is expanding to the US but keeping its European focus. This dual strategy reveals where venture capital is heading in 2024.
Voice cloning company ElevenLabs is developing authorized AI replicas of celebrity voices including Michael Caine and Matthew McConaughey. The company previously faced controversy when its technology was used to create fake Joe Biden robocalls during primary elections.
The Department of Homeland Security kept Chicago Police Department records on roughly 900 residents for seven months past a deletion deadline. The data, known for being riddled with errors and racial bias, was part of a failed experiment to test local intelligence feeding federal watchlists. Interna
Ford CEO Jim Farley says supply chain management is the ultimate path to the corner office. He points to Apple’s Tim Cook and GM’s Mary Barra as proof that supply chain expertise creates ideal CEOs.
Peak Energy will supply up to 4.75 GWh of sodium-ion battery storage to Jupiter Power between 2027 and 2030. The deal could exceed $500 million and represents the largest single deployment of sodium-ion technology announced to date. Sodium-ion promises better degradation and lower maintenance than t
Anthropic is making a massive $50 billion investment in U.S. AI infrastructure, starting with custom data centers in Texas and New York. The project will create 800 permanent jobs and over 2,000 construction roles, with the first facilities going live in 2026. This positions Anthropic as a major dom
Arc Raiders is dramatically lowering cosmetic prices and automatically refunding players who bought at higher rates. The developer also confirmed duo matchmaking is now live alongside the game’s massive North Line update.
A Microsoft-backed startup just demonstrated technology that could solve AI’s biggest constraint: power delivery. VEIR’s superconducting system moves massive amounts of electricity with zero energy loss, using cables cooled by liquid nitrogen. This breakthrough comes as AI companies scramble for pow
American companies are scrambling to adapt to ongoing tariff uncertainty as 2026 approaches. Three main strategies are emerging: price increases, cost-cutting, and supply chain restructuring. The corporate world faces another year of difficult decisions.
AMD’s financial analyst day revealed surprising projections about AI’s impact on server CPUs. The company expects AI to drive an additional $30 billion in CPU demand by 2030, doubling the total market to $60 billion. This represents a major shift from the traditional 4% growth rate to an explosive 1
