QyTw0, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately $380 million) after raising a €25 million angel round ($29 million). It’s a sign of enduring tailwinds for AI, quantum computing, and sovereign tech, especially for Europe-made companies.
Marc Lore says that AI will soon enable anyone open a restaurant
Wonder wants to turn its robotic kitchens into AI-powered “restaurant factories,” letting anyone spin up a virtual food brand with a prompt.
Nuro receives driverless testing permit ahead of Uber robotaxi service launch
The Silicon Valley AV startup has not started driverless testing yet.
SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw
SAP plans to buy German AI startup Prior Labs and invest heavily in it. It is also prohibiting customers’ agents use to a select few like Nvidia’s NemoClaw.
Bumble’s paying users are slipping as it bets on an overhaul later this year
The company is making a big bet that the swiping model is outdated and most matches never turn into actual dates. The company wants to fix that by redesigning profiles, changing how people interact, and focusing a lot more on getting users to meet in real life.
Altara secures $7M to bridge the data gap that’s slowing down physical sciences
Altara’s AI aims to diagnose failures and help speed up R&D by unifying data siloed across spreadsheets and legacy systems.
Lucid Motors doesn’t know how many EVs it will build this year
Lucid Motors pulled its guidance for the year, as it navigates swelling inventory and a company-wide cost-cutting measure.
As crypto cools, a16zcrypto raises a $2.2B fund
As some of the biggest VCs in crypto start to consider funding AI startups, a16zcrypto’s new fund will stay the course.
Apple plans to make iOS 27 a Choose Your Own Adventure of AI models
With Apple’s latest operating system updates, users will reportedly have their pick of which third-party AI models they want to use for a host of tasks.
ASML CEO Christophe Fouquet: No one is coming for us
Christophe Fouquet, who became ASML’s CEO in 2024 after more than a decade at the company, sat down with this editor on the rooftop deck of his Beverly Hills hotel Tuesday morning ahead of his appearance at the Milken Institute Global Conference. Dressed in a blue suit and white shirt, he was relaxed — even when the conversation turned to…