The Next Web (2 hours ago)
Numica, a New York start-up that buys small accounting firms from owners close to retirement, has raised $21M to buy more of them. The capital, a mix of equity and debt, comes from Roosh X and Flashpoint Capital, the company said.
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Potential Sciences, a startup backed by the UK government, is betting that training AI models on computer-generated biochemical data can speed up the plodding process of developing new drugs.
Discovered Materials, a months-old YC startup that uses AI to find chip materials, is offering $200,000 for each solution to five open materials science problems.
Companies spanning construction and robotics have raised about $1.6 billion so far this year — more than 4x the $389 million recorded in all of 2025 — according to Crunchbase data. The surge was driven by three companies that raised the majority of the funding.
Marvell has agreed to acquire Lumentum for $115 billion, combining its optical DSPs, SerDes, silicon photonics, and networking silicon with Lumentum’s lasers, transceivers, optical switches, and InP manufacturing footprint.
Mindmax, a London start-up founded by the team behind the language app Memrise, has raised $3.3m (£2.5m) in pre-seed funding to build an AI tutor. The company announced the round today, and its first product is designed to help people pass professional exams and learn new skills for work.
Cat Wu, who led product for Claude Code at Anthropic, is joining OpenAI. She will lead product management for OpenAI’s Core Products team, she announced on X on Wednesday, a day after saying she had left Anthropic. Some news: I’m joining OpenAI to lead product management for Core Products!
Revolut has completed a secondary share sale that values the London-based fintech at $115bn, the company said on Wednesday. That is 53% more than the $75bn set by a similar sale a year earlier.
Anthropic’s Claude took 29.4% of UK consumer spending on AI subscriptions in July. In December 2025, its share was 7.4%. ChatGPT’s share fell from 73.5% to 52.5% over the same seven months. The figures come from a new study of UK bank and card data, published on Thursday.
AMD expects about $17 billion in revenue this quarter. If it gets there, it will sell more than Intel in a quarter for the first time. The forecast came with record third-quarter results. Its data centre business nearly doubled, while gaming sales fell by 40%.
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