AI makes it possible to build a company from anywhere, but founders are still choosing to sit together, Station F director Roxanne Varza and Anthropic’s Aiden Blake said. They spoke on a panel at Wave by Vento in Turin on Thursday. “What’s really inter…
Odyssey has launched Odyssey-3, a world model that the Palo Alto AI lab says can control robot arms and humanoids, drive a car, fly drones and play video games. A research preview is available now, the company said on Thursday. World models learn from …
European startups raised $25bn in the third quarter, their strongest quarter for venture funding in four years. In North America, startup funding fell 35% from the previous quarter to $92bn, Crunchbase data shows. Europe’s total was up 77% on the $14bn…
VEIR has raised $110 million in a Series C round. The Massachusetts company makes superconducting power cables for AI data centres. Matter Venture Partners and Tyche Partners co-led the round, which VEIR called oversubscribed. LG Technology Ventures, G…
Voltus has raised $225 million in a Series D round. The San Francisco company pays businesses and homes to cut, shift or supply power when the grid needs it. Generation Investment Management led the round, with Activate Capital and the energy trader Vi…
Quantum computing startup Oratomic has raised $475 million at a $5.4bn valuation, Isabelle Bousquette reported for The Wall Street Journal on Thursday. The round came three months after its Series A and lifted its valuation from $1.5bn. The same day, B…
NHS England’s South East region is rolling out an AI that can discharge patients with harmless skin lesions without a dermatologist seeing them. DERM, made by London-based Skin Analytics, goes live in all 18 NHS trusts there from this autumn. It will c…
Miro co-founder and chief executive Andrey Khusid says adding AI to existing teams and processes will not deliver its full productivity gains. Companies need to redesign how work happens from the ground up, he said. He spoke at Wave by Vento in Turin o…
DoorDash co-founder and chief executive Tony Xu says more AI agents will mean more demand for physical delivery networks, and even for human labour. He spoke on Wednesday at Wave by Vento in Turin, in a session titled “Inside the Making of DoorDash”. A…
Bending Spoons co-founder and chief executive Luca Ferrari says access to capital is no longer the main obstacle for European founders. Strong companies can now raise at scale in Europe, he said on Wednesday. He was speaking on a panel at Wave by Vento…