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…
DARPA has moved Atom Computing, Diraq, IBM and IonQ into the final stage of its Quantum Benchmarking Initiative. The US defence research agency runs the programme to test whether anyone can build a useful quantum computer by 2033. DARPA announced the f…
The US Department of War has offered chipmaker Wolfspeed a conditional loan of up to $1.5bn over 30 years. In return, Wolfspeed would give the department warrants to buy up to 7.5% of the company. Wolfspeed filed for bankruptcy protection in June 2025….
According to a new unsealed filing in New York’s lawsuit, TikTok gave thousands of users, including teenagers and children, a safety tool that did not work. Reuters reported the allegations on October 7, after a judge ordered the filings unsealed. They…
Zendesk will end the year with about $400m of AI revenue, up from about zero two years ago, chief executive Tom Eggemeier told TNW. Most of it comes from AI agents that customers pay for only when they resolve a case. Eggemeier has run Zendesk since la…
Paramount has completed its purchase of Warner Bros. Discovery and renamed the combined company Skydance. The company announced the close on Tuesday, and its shares now trade on the New York Stock Exchange as SKYD. Warner Bros. Discovery shareholders r…
Nous Research has raised $90M to build a business version of Hermes, its open-source AI agent. Nvidia, Microsoft’s M12, Samsung, Robot Ventures, Union Square Ventures, Y Combinator and Menlo Ventures are among the investors, chief executive Dillon Roln…
Biohub, the US Department of Energy and the National Institutes of Health are putting $1.8bn into data to train AI models that predict how cells behave. Meta, Google DeepMind and Isomorphic Labs are joining with $300M between them, Biohub announced on …
Google has launched Playground, an experimental platform that turns text prompts into playable games. It is teaming up with Unity to add more advanced tools, the company said in a blog post on Wednesday. Google Playground opens today to users in the US…
Atomic Machines has come out of six years in stealth with $250M raised. It says its system builds working micro-machines straight from code. The Bay Area start-up announced the launch on Wednesday. Its first product is a power switch for AI data centre…