The Next Web (1 hour ago)
Google has offered voluntary exit packages to some staff in Canada, France, Germany, Japan and Switzerland since June. The move, reported by Reuters today, widens a scheme that the company had already run in the US and the UK.
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European deep tech companies in the European Innovation Council’s (EIC) Scaling Club have raised €4.06bn since joining the programme, according to a new report published by the initiative. The Club, funded by the EIC, supports 120 scale-ups from 26 countries.
Traversal, a New York startup whose AI agents find out why company software breaks, has raised $120 million in a Series B round. The deal values it at $1 billion, the company announced on Tuesday. Kleiner Perkins, Redpoint Ventures and Khosla Ventures co-led the round.
6G’s future depends on the spectrum, standards and investment choices we make today.
Every year, Paris startup campus Station F tries to identify the young companies worth watching. Its latest Future 40 list names 40 startups it considers the strongest among more than 1,000 companies based at the campus in 2026.
Oracle has scrapped a chip leasing deal with Tencent worth an estimated $7bn after the Trump administration leaned on it, according to a Wednesday report in the Financial Times. US officials went to Oracle with concerns about the deal, the newspaper said, citing people familiar with the matter.
Supermicro will build and sell AI inference systems that pair SambaNova’s SN50 chips with Nvidia GPUs, the companies said on Tuesday. The collaboration initially plans for 10,000 SN50 chips, according to SambaNova’s announcement.
Qualcomm has completed testing the first chips built with its High Bandwidth Compute (HBC) memory technology, clearing a key step towards using it in data centre AI hardware.
OpenAI employees repeatedly warned the company’s leadership and board about weaknesses in its security practices over several years, including before ChatGPT launched in late 2022, Reuters reported, citing five people familiar with the matter.
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