The Next Web (5 days ago)
EA has obtained an investment-grade rating from Egan-Jones for a subset of its bonds, and is using it to argue it does not owe creditors a 101-cent payout after the largest leveraged buyout on record.
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Intero Biosystems is selling lab-grown human intestines to drugmakers as regulators push for alternatives to animal testing, while the startup looks to scale production and expand its organoid technology.
Jio plans to use most of its IPO proceeds to repay debt as it expands beyond telecom.
German startup TimeTeller has developed a saliva test kit to help anyone understand their circadian rhythm; it aims to reduce side effects from cancer treatments.
Modal, a cloud company that runs AI models and code for developers, announced on Wednesday that it has raised $750 million in a Series D round at a $15.75 billion valuation. Accel led the round, and Kleiner Perkins joined.
Salience Labs has raised an oversubscribed $125M Series B led by Bullhound Capital, with AMD Ventures, Intel Capital and the British Business Bank taking part. The Oxfordshire company will use it to scale manufacturing and open a second West Coast office.
Dispute related to claims London mayor blocked US tech firm from £50m police deal because of concerns over its values Palantir and the London mayor, Sadiq Khan, have called off their legal fight over claims the Labour mayor was blocking the US tech company from signing a contract with the…
OpenAI has put its compute and infrastructure businesses under Uday Ruddarraju, who ran infrastructure at Elon Musk’s xAI until July 2025. Sachin Katti, who had been overseeing infrastructure and led the $30B Georgia build, leaves the role within weeks and stays on as an adviser.
Apple plans to launch Apple Intelligence in mainland China in December with iOS 27.3, two years after the US, excluding the rebuilt Siri AI. Siri AI is also still missing in the EU, with no indication of when approval might come.
Abdulrahman Alfozan, the OpenAI engineer charged over a hidden recording device, had one-way tickets to Saudi Arabia booked for three days after his arrest, according to a court filing. He has entered no reported plea and is presumed innocent.
Jensen Huang told Bloomberg in London he would halt chip supply to a customer building unsafe AI, while saying the current level of concern is not warranted. His prescription is to accelerate containment and monitoring technology, which Nvidia is building a team to sell.
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