The EIF's 15B ETCI 2 fund targets 80B in scaleup funding, but Europe's 80% scaleup deficit and unprofitable unicorns suggest capital alone cannot close the gap with the US.
Nvidia CEO Jensen Huang says DeepSeek optimising AI models for Huawei's Ascend chips instead of American hardware would be "a horrible outcome for the United States."
Anthropic CEO Amodei held "productive" talks with Wiles and Bessent at the White House over Mythos access, signalling a thaw in the Pentagon blacklisting dispute.
The FAA's SMART system would predict air traffic conflicts two hours ahead. Palantir, Thales, and Air Space Intelligence are competing for the contract after LaGuardia exposed systemic gaps.
Cursor seeks $2B at a $50B valuation from a16z, Thrive, and Nvidia after reaching $2B ARR in three years, the fastest B2B scaling on record, with 70% of Fortune 1,000 as customers.
Kevin Weil, Bill Peebles, and Srinivas Narayanan leave OpenAI as the company shuts down Sora and dismantles OpenAI for Science, continuing a two-year leadership exodus.
Xanadu Quantum stock surged nearly fivefold in six sessions after NVIDIA's Ising AI models and NVQLink architecture validated photonic quantum computing, making CEO Weedbrook a billionaire.
Anthropic's Dario Amodei meets Susie Wiles at the White House to resolve the Pentagon standoff as US agencies and UK banks seek access to Mythos, its zero-day-finding AI model.
Zoom integrates World's Deep Face biometric verification to display "Verified Human" badges in meetings, as deepfake fraud losses top $200 million in a single quarter.
Uber's Return a Package sends a courier to collect items bought through Uber Eats and return them to Target, Best Buy, and seven other retailers for $5, or $3 for Uber One members.