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Torus, a Salt Lake City maker of energy storage systems, has raised $500m and launched Foundry, prefabricated units that bring AI computing to existing business and factory sites using grid power they already have. Magnetar led the round, the company said in a statement on Wednesday.
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Colombia-based startup, Palomma, has raised $10 million in Series A funding led by Mexican venture firm Cometa to expand its financial services business for landlords, tenants and property managers, Crunchbase News has exclusively learned.
Grow a backyard’s worth of greens and vegetables in your house with a hydroponic garden. Here are a few that might be worth the investment.
The Series C round will fund international expansion and more autonomous features for the firm’s device security platform.
The UK’s smart meters might not have been such a smart idea after all, as many of them will soon need replacing.
Marketers now have to sell to two audiences, and one of them is not human, Gamma’s Kristin Fracchia told TNW. AI is more and more an intermediary in the buying process, she said. “For all of human history, marketers have marketed to other humans, which means appealing to human psychology.
CoreWeave raised its 2026 forecast on Tuesday after its third-quarter revenue rose 168% to $3.66bn. It also said it would not sell more unsecured debt at current interest rates. The AI cloud company now expects $13bn to $13.3bn in revenue this year, according to its results statement.
Meta and TikTok lined up alongside Google at an Indonesian parliamentary hearing on Wednesday to argue against planned revisions to the country’s copyright law, Reuters reports from Jakarta.
California voters have rejected Proposition 40, a one-time tax on the wealth of the state’s billionaires. The Associated Press called the race on Monday. California was still counting mail ballots nearly a week after the 3 November election.
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