Most startups raise money because they need it. NinjaOne has just raised more than $400m to make the opposite point. The Austin-based IT-operations company said on Tuesday that a fresh round of Series C extensions has more than doubled its valuation to…
US District Judge Leo T. Sorokin in Massachusetts ruled on Monday that the $100,000 fee President Donald Trump imposed on H-1B visa applications is an unlawful tax and must be vacated. The ruling found that the proclamation violated both the federal Ad…
President Donald Trump signed National Security Presidential Memorandum 11 on Friday, directing the US military and intelligence agencies to accelerate their adoption of advanced AI while protecting frontier models from theft by foreign adversaries. Th…
America’s hospitals are spending around $97bn a year renting staff they cannot train fast enough. Stepful thinks AI can fix the supply side, and investors have just handed it $55mn to try. The New York startup has raised a Series C led by healthcare-an…
The last time Jim Bridenstine shaped America’s space ambitions, he ran NASA. Now he is betting he can build the hardware for the next phase of the space race, and he wants public investors to fund it. Quantum Space, the Maryland startup Bridenstine now…
For years, the AI boom has run through a handful of factory floors in Taiwan. That dependence is starting to look risky enough that even Nvidia and Google are shopping for a backup, and the unlikely name on the list is Intel. Google has placed an order…
The AI boom runs on chips and electricity. It also runs on glass. Amazon is paying Corning billions of dollars for optical fibre to wire up its rapidly expanding US data centres, the two companies said on Monday. The multi-year agreement will create ab…
In the 1990s, almost every US state sued the tobacco industry. The resulting settlements cost hundreds of billions of dollars and transformed how cigarettes were marketed, sold, and regulated. Senator Ed Markey said in March that Big Tech’s Big Tobacco…
A San Francisco Airbnb host is suing The Bot Company, the $2 billion robotics startup founded by ex-Cruise CEO Kyle Vogt, for allegedly using his home as a secret robot testing lab. Sean Donovan claims workers booked his Portola neighbourhood property …
Sriram Krishnan, the White House’s senior policy adviser on artificial intelligence, is stepping down. The former Andreessen Horowitz partner was tapped by President Donald Trump to help shape the administration’s AI strategy during his second term. He…