Anna Irrera / Bloomberg:
London-based Fnality, which lets banks transact in a digital cash asset backed with funds at the Bank of England, raised $136M led by BoA, Citigroup, and others — Fnality International Ltd., a UK-based blockchain-payments company, has raised $136 million in a funding round led …
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Tuesday, September 23, 2025
London-based Fnality, which lets banks transact in a digital cash asset backed with funds at the Bank of England, raised $136M led by BoA, Citigroup, and others (Anna Irrera/Bloomberg)
Auterion, which provides autopilot and swarming software for military drones, raised $130M led by Bessemer at a $600M+ valuation, says it has ~$100M in revenue (Bloomberg)
Bloomberg:
Auterion, which provides autopilot and swarming software for military drones, raised $130M led by Bessemer at a $600M+ valuation, says it has ~$100M in revenue — Auterion, a startup that provides software to military drones, has raised $130 million to expand its operations abroad …
A look at the Nvidia-OpenAI deal, where Nvidia will invest in $10B tranches; sources say OpenAI informed Microsoft about the deal a day before it was signed (MacKenzie Sigalos/CNBC)
MacKenzie Sigalos / CNBC:
A look at the Nvidia-OpenAI deal, where Nvidia will invest in $10B tranches; sources say OpenAI informed Microsoft about the deal a day before it was signed — ABILENE, Texas - Sam Altman had a deadline. OpenAI's CEO was headed to Texas to unveil his company's next big infrastructure push …
Monday, September 22, 2025
Cardless, which lets Coinbase and others launch co-branded credit cards, raised $60M and projects annualized revenue will grow from $15M now to $150M by Q2 2026 (Emily Mason/Bloomberg)
Emily Mason / Bloomberg:
Cardless, which lets Coinbase and others launch co-branded credit cards, raised $60M and projects annualized revenue will grow from $15M now to $150M by Q2 2026 — Cardless, a co-brand credit-card startup, raised $60 million in fresh venture funds to add features and build programs with name-brand clients …
The GSA adds Meta's Llama to its list of approved AI tools for US federal agencies, after previously approving Microsoft, Google, Anthropic, and Open AI's tools (Courtney Rozen/Reuters)
Courtney Rozen / Reuters:
The GSA adds Meta's Llama to its list of approved AI tools for US federal agencies, after previously approving Microsoft, Google, Anthropic, and Open AI's tools — U.S. government agencies will be able to use Meta Platforms' (META.O) artificial intelligence system Llama …
Low prices, available land, and cooler weather are driving the data center boom in the Nordics, which have 1.5 GW of capacity live and 7.5 GW in the pipeline (Maggie Shiltagh/Bloomberg)
Maggie Shiltagh / Bloomberg:
Low prices, available land, and cooler weather are driving the data center boom in the Nordics, which have 1.5 GW of capacity live and 7.5 GW in the pipeline — Nordic power companies stand to win big from Europe's data-center boom, as cool weather and lower power prices entice more mega-projects northward.
Sunday, September 21, 2025
A review of Tim Berners-Lee's new book This is for Everyone, while his startup Inrupt, which aims to commercialize the Solid web protocol, struggles to scale (John Thornhill/Financial Times)
John Thornhill / Financial Times:
A review of Tim Berners-Lee's new book This is for Everyone, while his startup Inrupt, which aims to commercialize the Solid web protocol, struggles to scale — The World Wide Web inventor criticises the ‘rage bait’ of algorithms and social media — and advocates tighter user control of personal data
Ultralytics, which develops the YOLO series of open-source computer vision models and sells commercial licenses, raised a $30M Series A led by Elephant VC (Maria Deutscher/SiliconANGLE)
Maria Deutscher / SiliconANGLE:
Ultralytics, which develops the YOLO series of open-source computer vision models and sells commercial licenses, raised a $30M Series A led by Elephant VC — Ultralytics Inc., a developer of computer vision models, today announced that it has raised $30 million in funding.
An inside look at Léon Thévenin, the only undersea internet cable repair ship permanently stationed in Africa, operated by the French telecom company Orange (Rest of World)
Rest of World:
An inside look at Léon Thévenin, the only undersea internet cable repair ship permanently stationed in Africa, operated by the French telecom company Orange — Undersea internet cables are critical in today's hyperconnected world. The crew of the Léon Thévenin maintains one stretch of this global network.
As carriers deploy protections against fraudulent texts, scammers are using "SMS blasters" that impersonate base stations to send fake messages to nearby phones (Matt Burgess/Wired)
Matt Burgess / Wired:
As carriers deploy protections against fraudulent texts, scammers are using “SMS blasters” that impersonate base stations to send fake messages to nearby phones — Scammers are now using “SMS blasters” to send out up to 100,000 texts per hour to phones that are tricked into thinking the devices are cell towers.
Saturday, September 20, 2025
Meta faces a backlash after using Instagram photos of teenage schoolgirls, posted by their parents with visible faces and names, to promote Threads to a man (Robert Booth/The Guardian)
Robert Booth / The Guardian:
Meta faces a backlash after using Instagram photos of teenage schoolgirls, posted by their parents with visible faces and names, to promote Threads to a man — Exclusive: Instagram pictures of girls as young as 13 were posted to promote Threads site ‘as bait’, campaigner says
Huawei says DeepSeek-R1-Safe, which was trained on 1,000 of its Ascend AI chips, is "nearly 100% successful" in preventing politically sensitive topics (Eduardo Baptista/Reuters)
Eduardo Baptista / Reuters:
Huawei says DeepSeek-R1-Safe, which was trained on 1,000 of its Ascend AI chips, is “nearly 100% successful” in preventing politically sensitive topics — - Model better prevent discussion of politically sensitive topics — Model trained using 1,000 of Huawei's own Ascend AI chips
Perplexity struggles to scale its shopping and ad businesses nearly a year after launching ad sales and in-app purchasing, frustrating marketers and merchants (The Information)
The Information:
Perplexity struggles to scale its shopping and ad businesses nearly a year after launching ad sales and in-app purchasing, frustrating marketers and merchants — Perplexity has drawn plenty of its headlines for its relentless fundraising—which recently valued the artificial intelligence search firm …
Collins Aerospace, which provides check-in and boarding systems, confirms a "cyber-related disruption" as Heathrow and other European airports report issues (Reuters)
Reuters:
Collins Aerospace, which provides check-in and boarding systems, confirms a “cyber-related disruption” as Heathrow and other European airports report issues — - London's Heathrow, airports in Berlin, Brussels affected by disruption — RTX experiencing ‘cyber-related disruption’ in airport software
Friday, September 19, 2025
Mastodon, the nonprofit behind the social network, plans to offer paid hosting, moderation, and support services for organizations joining the fediverse (Sarah Perez/TechCrunch)
Sarah Perez / TechCrunch:
Mastodon, the nonprofit behind the social network, plans to offer paid hosting, moderation, and support services for organizations joining the fediverse — Mastodon, the non-profit organization that maintains the software powering the decentralized alternative to social networks like Threads and X, has a new plan to make money.
PE firm Everstone combines India's Wingify, which helps A/B test sites, and France's AB Tasty, which improves e-commerce UX; Everstone bought Wingify for $200M (Jagmeet Singh/TechCrunch)
Jagmeet Singh / TechCrunch : PE firm Everstone combines India's Wingify, which helps A/B test sites, and France's AB Tasty, which...
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Amrith Ramkumar / Wall Street Journal : An interview with White House OSTP Director Michael Kratsios, a Peter Thiel protégé confirmed by ...