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BMW slashes profit forecast as China’s EV makers squeeze European carmakers on two fronts

June 18, 2026 164news66
BMW Cuts Full-Year Profit Forecast BMW on Tuesday cut its full-year profit forecast for the car business, lowering its expected automotive EBIT margin to a co...
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FERC orders a fast lane for data centre grid connections, but the electricity to fill them is another matter

June 18, 2026 164news66
Federal Energy Regulatory Commission Orders Fast-Track Interconnection for Data Centers The Federal Energy Regulatory Commission on Thursday ordered six major...
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Your email landed in the inbox. Your links didn’t.

June 18, 2026 164news66
Watching email marketers obsessively monitor their sender IP, checking it daily, warming it carefully, treating it like a rare orchid, is not only relatable, it...
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‘It’s literally the gulag’: inside the revolt at Meta’s AI unit, where elite engineers were drafted to label data

June 18, 2026 164news66
A Unusual Company Livestream Hijack It takes a particular kind of dysfunction for an employee to hijack a company-wide livestream and demand the hosts pass a ...
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Gradial raises $65M to be the ‘AI glue’ for enterprise marketing

June 18, 2026 164news66
Every Software Company is Racing to Bolt on AI Every software company is racing to bolt an AI agent onto its own product. Gradial is betting the real money ...
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Architect Labs raises $24M to let any company design its own AI chip

June 18, 2026 164news66
Designing a chip: A challenging endeavor Designing a chip is hard. It takes years, hundreds of millions of dollars, and a tiny pool of experts. Most of them ...
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Nvidia-backed Verse raises $54M to help AI data centres skip the power queue

June 18, 2026 164news66
For years, the scarce resource in AI was chips. Now it's power. Verse Enterprises aims to overcome the bottleneck by addressing the new limiting factor—power....
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Baseten is raising $1.5bn at up to $13bn, betting AI’s profits lie in cheap inference

June 18, 2026 164news66
Baseten Secures $1.5 Billion Funding Round Baseten is finalising a $1.5 billion funding round that values the company at up to $13 billion. The structure of t...
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An ex-Palantir leader raised $16M to point AI at the NHS’s paperwork, not its doctors

June 18, 2026 164news66
Almost every AI tool aimed at the NHS is built for clinicians Frontier Health has raised $16M to build tools for the people behind them. The London startup ...
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85% of NATO’s defence-tech funding goes to the US. AVP and Earlybird raised €500M to change that.

June 18, 2026 164news66
Europe's Defence Funding Gap Europe is pledging hundreds of billions to defense, yet almost none of the venture capital funding the technology behind it origi...
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