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Author: Emily Chen

Verda raises $117 million to expand its GPU cloud platform from the Nordics into the US, UK, and Asia

Posted on April 24, 2026 By Emily Chen No Comments on Verda raises $117 million to expand its GPU cloud platform from the Nordics into the US, UK, and Asia

Verda Raises $117 Million to Expand Its GPU Cloud Platform
April 24, 2026 – 7:00 am
The Helsinki-based AI cloud infrastructure company formerly known as D…

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DeepSeek returns with V4-Pro and V4-Flash, a year after its ‘Sputnik moment’

Posted on April 24, 2026 By Emily Chen No Comments on DeepSeek returns with V4-Pro and V4-Flash, a year after its ‘Sputnik moment’

DeepSeek Unveils V4-Pro and V4-Flash: A Year After Its ‘Sputnik Moment’
April 24, 2026 – 7:06 am
The Hangzhou startup released preview versions of both mode…

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Cohere and Aleph Alpha announce merger in Berlin, creating a $20 billion transatlantic AI company

Posted on April 24, 2026 By Emily Chen No Comments on Cohere and Aleph Alpha announce merger in Berlin, creating a $20 billion transatlantic AI company

Cohere and Aleph Alpha Merge into a $20B Transatlantic AI Company
April 24, 2026 – 7:50 am
Cohere’s shareholders will receive approximately 90% of the c…

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Amazon-backed nuclear startup X-Energy raises $1.02 billion in IPO

Posted on April 24, 2026 By Emily Chen No Comments on Amazon-backed nuclear startup X-Energy raises $1.02 billion in IPO

Amazon-backed nuclear startup X-Energy raises $1.02 billion in IPO
April 24, 2026 – 7:59 am
X-Energy sold 44.3 million Class A shares at $23 each , abo…

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Meta is cutting 8,000 jobs to pay for AI. It is also asking the survivors to train their replacements.

Posted on April 23, 2026 By Emily Chen No Comments on Meta is cutting 8,000 jobs to pay for AI. It is also asking the survivors to train their replacements.

Meta Cuts 8,000 Jobs and Cancels 6,000 Open Roles as $135B AI Spending Reshapes the Company
Summary: Meta is cutting approximately 8,000 employees (10% of i…

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White House accuses China of industrial-scale AI model distillation, commits to intelligence sharing with OpenAI, Anthropic, Google

Posted on April 23, 2026 By Emily Chen No Comments on White House accuses China of industrial-scale AI model distillation, commits to intelligence sharing with OpenAI, Anthropic, Google

White House Accuses China of Industrial-Scale AI Model Distillation
The US has accused China of "industrial-scale" copying of its artificial intelli…

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Rilian raises $17.5 million to bring agentic AI to sovereign defence

Posted on April 23, 2026 By Emily Chen No Comments on Rilian raises $17.5 million to bring agentic AI to sovereign defence

Rilian Raises $17.5 Million to Bring Agentic AI to Sovereign Defence
April 23, 2026 – 7:20 pm
Rilian , a McLean, Virginia-based startup building agentic AI…

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SoftBank wants to borrow $10 billion against its OpenAI stake. The spread tells you what the banks think.

Posted on April 23, 2026 By Emily Chen No Comments on SoftBank wants to borrow $10 billion against its OpenAI stake. The spread tells you what the banks think.

SoftBank Seeks $10 Billion Margin Loan Backed by OpenAI Shares at SOFR + 425 bps
SoftBank is looking to borrow $10 billion against its stake in OpenAI, acco…

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High gas prices are not saving Tesla. They are just slowing the bleeding.

Posted on April 23, 2026 By Emily Chen No Comments on High gas prices are not saving Tesla. They are just slowing the bleeding.

High Gas Prices and Tesla Sales: A Complex Relationship
US Petrol Prices and EV Market Dynamics
US petrol prices surpassed $4 per gallon for the first time …

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From enterprise IT to entrepreneurship: How Kostiantyn Gitko is building tech businesses across global markets

Posted on April 23, 2026 By Emily Chen No Comments on From enterprise IT to entrepreneurship: How Kostiantyn Gitko is building tech businesses across global markets

From Enterprise IT to Entrepreneurship: Kostiantyn Gitko’s Journey in Building Tech Businesses
Kostiantyn Gitko built his career in a different environment …

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