Verda raises $117 million to expand its GPU cloud platform from the Nordics into the US, UK, and Asia
Apr 24, 2026, 3:00 am By Ana-Maria Stanciuc
The Helsinki-based company, formerly DataCrunch, is backed by Lifeline Ventures, byFounders, Tesi,…Meta is cutting 8,000 jobs to pay for AI. It is also asking the survivors to train their replacements.
4:15pm By Ana Maria Constantin
Summary: Meta is cutting approximately 8,000 employees (10% of its workforce) beginning 20 May,…High gas prices are not saving Tesla. They are just slowing the bleeding.
3:59pm By Alina Maria Stan
Summary: US petrol prices passed $4/gallon for the first time in four years (+30% YoY), driven by…SoftBank wants to borrow $10 billion against its OpenAI stake. The spread tells you what the banks think.
3:40pm By Cristian Dina
Summary: SoftBank is seeking a $10 billion margin loan backed by its OpenAI shares at SOFR + 425…Rilian raises $17.5 million to bring agentic AI to sovereign defence
3:20pm By Cristian Dina
The McLean, Virginia startup’s Caspian platform sits as a command layer above existing security…White House accuses China of industrial-scale AI model distillation, commits to intelligence sharing with OpenAI, Anthropic, Google
3:15pm By Cristian Dina
Summary: The White House OSTP released a policy memo accusing China of “industrial-scale”…Zapata Quantum raises $15 million after emerging from bankruptcy
2:59pm By Ana-Maria Stanciuc
The oversubscribed financing, led by Triatomic Capital, caps a restructuring that addressed $18.7…Microsoft offers voluntary retirement to 7% of US workers in first-ever buyout programme amid $80B AI spending push
2:41pm By Alina Maria Stan
Summary: Microsoft is offering voluntary retirement to approximately 7% of its US workforce (~8,750…Claim Clarity on the role of specialized AI in advancing workers’ compensation decision precision
2:26pm By Callum Turner
Claim Clarity suggests that workers’ compensation represents a significant yet often less visible…OpenAI launches GPT-5.5, its first fully retrained base model since GPT-4.5
2:26pm By Ana-Maria Stanciuc
The model, codenamed “Spud,” is designed to complete complex multi-step tasks with minimal human…UK Biobank’s 500,000 genomes were listed for sale on Alibaba. The breach came from inside the system.
12:39pm By Alina Maria Stan
Summary: Genetic, medical, and lifestyle data from all 500,000 UK Biobank volunteers was listed for…The EU is about to tell Google that Gemini cannot have Android to itself
12:21pm By Allison Steffens Herrera
The European Commission is preparing to tell Google exactly how it must open Android to rival AI…The Pentagon just picked the companies that will put nuclear reactors on Air Force bases
11:09am By Ana Maria Constantin
Summary: The Pentagon has narrowed its Advanced Nuclear Power for Installations (ANPI) programme…OpenAI’s new image model reasons before it draws
9:24am By Ana-Maria Stanciuc
The new model reasons about composition, searches the web for context, generates up to eight…Anthropic reportedly hits $1 trillion implied valuation on secondary markets
8:12am By Ana-Maria Stanciuc
Secondary share trading platforms are pricing Anthropic at approximately $1 trillion, just three…Netflix authorises $25 billion share buyback after stock falls 10% on Q1 earnings
8:02am By Ana-Maria Stanciuc
The $25B programme has no expiration date and sits on top of a December 2024 authorisation that…Norway’s $2.2 trillion sovereign wealth fund posts a 1.9% loss in Q1 2026
5:36am By Ana-Maria Stanciuc
The world’s largest sovereign wealth fund lost NOK636 billion ($68 billion) in investment returns…Belfast’s Cloudsmith raises $72M Series C to secure the AI-generated software supply chain
5:18am By Cristian Dina
TCV led the Series B one year ago and now doubles down on the Series C. Insight Partners also…BT, Nscale, and Nvidia announce UK sovereign AI partnership
4:47am By Ana-Maria Stanciuc
Nscale will construct the data centres at existing BT infrastructure sites; BT will provide…Tesla raises 2026 capex to $25 billion
4:29am By Ana-Maria Stanciuc
The company will go negative on free cash flow for the rest of 2026, CFO Vaibhav Taneja confirmed.…
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