Disruptive, a venture capital firm based in Dallas, has raised a $10bn fund to invest in AI, defence and software startups, Bloomberg reported on Tuesday. The new money roughly doubles the assets the firm manages. Disruptive plans to back about 10 late…
German chipmaker Infineon will invest about €1.1bn in its site in Villach, Austria, to make power chips from gallium nitride, the company announced on Tuesday. It says the plant will be the first in the world to make these chips in large volumes on 300…
Bending Spoons now owns Miro, the online whiteboard used by more than 250,000 organisations. The Milan group closed the all-cash Miro deal on Monday, it said in a statement on Business Wire. Bending Spoons agreed to buy Miro in September at an enterpri…
The UK government will spend £130m on AI cyber defence, including a National Cyber Shield that uses agentic AI to protect critical infrastructure. The money is part of a package of more than £600m for AI that the Chancellor, John Healey, will put in th…
Revolut is building Revolut Ventures with Carne Group, a platform in its app for eligible users to invest in private tech companies, due in 2027. It builds on private market funds Revolut opened from €1 in July. Revolut is also planning its own listing…
SoftBank founder Masayoshi Son has picked Malaysia for $50bn of investment in AI, new technology and data centres. Prime minister Anwar Ibrahim made the announcement on Saturday. Anwar said Son told him about the plan during a video call on Tuesday. He…
Anthropic has warned would-be investors that its views on AI safety could make it a political target. The warning is in the risk factors of its S-1 registration statement. The company made it public on Monday, setting out its plans for the Anthropic IP…
Bedrock Robotics has closed a $600M Series C co-led by CapitalG and Emergence Capital. The round values the San Francisco startup at $4.1bn after the money, it said in a statement on Monday. It brings the company’s total funding to nearly $1bn. Bloombe…
New York-based Nevis, which builds AI software for wealth management firms, has raised $70M in a Series B round led by EQT Ventures. The company announced the funding on Monday. Two new backers joined: Charles Schwab, one of the largest US brokers, and…
Anthropic made its prospectus public on Monday. It filed a registration statement on Form S-1 with the US Securities and Exchange Commission. The company plans to list its Class A shares under the ticker ANT. The filing leaves the price range and the n…