Sequoia is leaving London. Should Europe be worried?
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Barcelona-based Titan OS, which makes an operating system for smart TVs, has raised $46M (about €40M). Existing investors Highland Europe and Mangrove Capital Partners put in equity. Funds and accounts managed by BlackRock added a credit facility, the company announced on Wednesday.
A Chinese regulator’s inquiry led OPay to halt its $304M New York listing hours after pricing it, Bloomberg reported. The Nigeria-focused payments company has no operations or revenue in China, according to the report.
Physicl is trying to solve the sim-to-real gap with a pipeline originally built to market goods online.
Waymo co-chief executive Tekedra Mawakana says partnering with Uber was “a little bit of a crapshoot” for riders. On the same day, Uber told investors that robotaxis earn more on its platform than on their makers’ own apps. Mawakana spoke to Emily Chang on Bloomberg’s The Circuit.
IonQ now expects revenue of $505M to $515M this year. The quantum computing company raised the outlook on Thursday as third-quarter revenue more than quadrupled to $173.8M. Its earlier forecast was $450M to $460M, and it had revenue of $130M in 2025, Bloomberg reported.
AI is finally helping adopters boost revenue, but revenue growth still falls short of productivity and other metrics.
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