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European firm Seedcamp raises $320M for tech and robotics startups
Seedcamp, a prominent European venture capital firm, has closed $320 million across two new funds, its largest raise in nearly 20 years, as reported by Startup Fortune .
Insilico and SK Biopharm Advance AI Drug Discovery
Insilico Medicine's lead drug, INS018_055, reached Phase II trials in 2026, marking it as the first generative AI-designed drug for an AI-discovered target to achieve this milestone.
AWS, Azure Egress Fees Shift Amid EU Regulatory Pressure
AWS, which once charged up to $0.09/GB for data transfer to the public internet, has announced plans to remove egress fees for customers migrating data to other providers or on-premises.
AI Energy Demand to Hit 700 TWh by 2030, Reshaping Grids
By 2030, artificial intelligence alone could consume electricity equivalent to a medium-sized nation, potentially reaching 700 terawatt-hours (TWh) annually, fundamentally reshaping global energy grid
Baseten raises $1.5B; AI inference & world models get funding
In just five months, AI inference startup Baseten saw its valuation triple from $5 billion to $13 billion, fueled by a new $1.
New iOS 27 Features Transform Siri into Siri AI
At WWDC 2026 on June 8, Apple unveiled Siri AI, confirming the new brain of its flagship mobile operating system, iOS 27, will be a custom version of Google's Gemini models.
John Jumper leaves DeepMind to join AI rival Anthropic
John Jumper, co-creator of AlphaFold and co-recipient of the 2024 Nobel Prize in Chemistry, announced Friday his departure from Google DeepMind to join competitor Anthropic.
Former OpenAI staff launch AI-centric vanity search engine
Celebrities like Macaulay Culkin and Luciano Pavarotti currently rank highest on a new tool measuring how strongly AI models recall information about a person without external search.
Asia's top AI startup ecosystems see Bengaluru climb to No. 2
Bengaluru-Karnataka's startup ecosystem value surged 190% since 2021, hitting $153 billion.
Gray Swan AI Security Secures $40 Million Series A Funding
Pittsburgh-based AI security startup Gray Swan, fresh off a $40 million Series A funding round, is already offering salaries up to $260,000 for new hires.
Aura Ink e-ink photo frame review: A premium display choice
Aura's new 13.3-inch e-ink photo frame, named Aura Ink, is priced at $499, more than doubling the cost of its premium LED predecessors. This launch represents a significant gamble by Aura, betting tha
Community Efforts Boost Free Video Player Performance Optimization
A recent update to the open-source video player 'VideoStreamer' slashed CPU usage by 20% on average, enabling smooth 4K playback on mid-range laptops previously limited to 1080p, according to the Vide
Future Urban Planning: Technology & Sustainability
In cities like Singapore and Helsinki, digital twins are now simulating entire urban policy changes before implementation, reducing project failure rates by 15% — a technological leap that promises ef
Amazon Aims to Sell Custom AI Chips, Challenging Nvidia
Amazon CEO Andy Jassy revealed in April that the company's current Trainium chip capacity had sold out almost instantly, even before external sales began.
Baseten AI nears $1.5 billion funding for its inference platform
Baseten, an AI inference startup, saw its annualized revenue run-rate surge from $200 million in December 2025 to $600 million by March 2026.
Snap AI video team spins off to create interactive gaming AI
Snap's CTO, Bobby Murphy, is personally investing a significant stake in Dotmo, a new company spun off from Snap's generative AI video team, even as he continues his full-time role at Snap.
Elastic Buys DeductiveAI for Up to $85M to Boost AI
Just months after raising a $7.5 million seed round, AI site reliability engineering startup DeductiveAI is being acquired by Elastic for up to $85 million.
India's Telegram Ban Boosts VPN and Rival App Downloads
Within 24 hours of an Indian High Court upholding a temporary ban on Telegram to combat exam fraud, data from VPN providers showed a 300% surge in new Indian subscriptions.
AI's Core Role: Digital Marketing Trends & Accountability
A German court recently ruled that Google is directly responsible for false claims in its AI search overviews, rejecting the argument that users should know AI can make mistakes.
Databricks Unveils Unified Lakehouse for Enterprise AI Scaling
At its Data + AI Summit , Databricks unveiled Lakehouse//RT, an analytics engine claiming response times as low as 10 milliseconds for smaller workloads.
Renesas acquires Pictorus to boost embedded software development
Renesas Electronics, a global semiconductor giant, acquired Pictorus, a California-based software company whose cloud-native platform automatically converts diagrams into executable embedded software
Industrial PC Market Trends Show Growth Opportunities for 2026
The global Industrial PC market, valued at $5.
Simulation software market growth drivers accelerate with silicon photonics
Synopsys, an electronic design automation leader, has partnered with NVIDIA to embed advanced GPU, AI, and digital-twin technologies directly into its simulation tools.
CIOs Confront AI Cost Challenges, Business Alignment
While employees integrating generative AI into their workflows are saving an average of 3.