Navi, Sachin Bansal's Indian fintech, has raised $100mn from Prosus in its first institutional round. Reports value it at about $1.3bn ahead of an IPO.
Eagle Point is lending about $1.3bn toward a 2,900-acre Texas data centre anchored by Anthropic, part of a $16bn package with Google backing the senior debt.
OpenAI is expanding ChatGPT ads to 31 European countries next week, its largest ad rollout yet. The ads reach only Free and Go users, the company says.
ClarityCheck, a people-search tool that promises "private and secure" searches, left more than 9 million image files exposed, a security researcher found.
Relativity Networks raised $22mn and won a $40mn hyperscaler order for hollow-core fibre, which carries light through air to link AI data centres faster.
Local opposition stalled $130bn of US data centre projects in three months, Bloomberg reports. Now Big Tech is courting the towns it needs, with mixed results.
The US Justice Department has filed in support of xAI's challenge to Minnesota's AI nudify ban, as a federal judge weighs an injunction and rules soon.
YouTube is reportedly offering top creators show financing, brand-deal shares, and cash for exclusivity windows, as Netflix licenses their work non-exclusively.