Accel raised $3.5bn. Europe now gets the same fund as the US
Accel raised $3.5bn. Europe now gets the same fund as the US

Accel is a venture capital firm. It gives money to startups early, usually before anyone else has, and takes a stake in return. It has done this since 1983, and it wrote the first institutional cheque into Atlassian, CrowdStrike, Flipkart and Slack. On…

A Pentagon memo tells staff to spend $244m with Palantir. Its subject line is ‘Funding Palantir’
A Pentagon memo tells staff to spend $244m with Palantir. Its subject line is ‘Funding Palantir’

Government software is usually bought by asking several companies to bid. A department writes down what it needs, suppliers compete, and the file records why the winner won. A memo drafted inside the US Defense Department on 4 August did something diff…

AI compute becomes a tradable commodity on 5 October. The price goes public
AI compute becomes a tradable commodity on 5 October. The price goes public

Renting an Nvidia H100 for an hour costs whatever your supplier says it costs. There is no published price. Two companies buying identical capacity can pay very different rates, and neither of them will know. That changes on 5 October. CME Group, the e…

Donald Trump is sued for putting a $100,000 paywall on his Truth Social posts
Donald Trump is sued for putting a $100,000 paywall on his Truth Social posts

The Intercept and the Freedom of the Press Foundation have sued President Donald Trump over a Trump Media service that sells paid early access to his Truth Social posts, arguing that a sitting president should not be allowed to put a price on his own o…

President Donald Trump signs memo letting US agencies hack transnational crime groups abroad
President Donald Trump signs memo letting US agencies hack transnational crime groups abroad

President Donald Trump has signed a National Security Presidential Memorandum authorising US federal law enforcement to conduct offensive cyber operations against transnational criminal organisations operating abroad. Washington, in short, is giving it…

Gemini has a billion monthly users. ChatGPT hit that in June and moved the goalposts
Gemini has a billion monthly users. ChatGPT hit that in June and moved the goalposts

Sundar Pichai announced on Tuesday that the Gemini app had passed a billion monthly users. He called it “our fastest growing product ever” and the 14th Google product to hit the mark, alongside Search, Gmail, Android, Maps, Chrome, Play and YouTube. Hi…

Nvidia is building a trillion-parameter open model, and it would still be smaller than China’s
Nvidia is building a trillion-parameter open model, and it would still be smaller than China’s

Nvidia released Nemotron 3.5 Lightning on Tuesday. It is a 30 billion parameter mixture-of-experts model with three billion active at any moment. The architecture is a hybrid of Mamba-2, MoE and attention layers, with a one million token context window…

Megadeals took 87.5% of US venture dollars, and the rest of the market is priced by vintage
Megadeals took 87.5% of US venture dollars, and the rest of the market is priced by vintage

PitchBook published its Q2 US VC Valuations report on 10 August. Megadeals took 87.5% of the dollars deployed in the first half of 2026. PitchBook defines those as rounds of $100m or more. AI is the primary driver of that concentration, though the figu…

ChatGPT and Gemini disagree on the best software in a third of categories, and the review sites have been skipped
ChatGPT and Gemini disagree on the best software in a third of categories, and the review sites have been skipped

GetIntel published its AI Software Index on Wednesday. The study asked roughly 80 buyer-phrased questions in each of 126 software categories, covering 1,825 brands. The questions went to the live ChatGPT and Gemini consumer apps rather than the develop…

Skan AI raises $63m to watch how office staff actually work, then build agents that copy them
Skan AI raises $63m to watch how office staff actually work, then build agents that copy them

Skan AI announced $63m in funding on Wednesday, co-led by Cathay Innovation and Dell Technologies Capital. What the money is buying is not a model. It is a record of how people at large companies actually do their jobs. Skan builds that record by watch…