The Next Web (1 hour ago)
Zurich-based Enact Intelligence has emerged from stealth with a $30M pre-seed round from redalpine, Notion Capital and firstminute capital. It builds robots that sense force and touch through their motors, not only cameras. Founder Manuel Yves Galliker previously led software for 1X’s NEO humanoid.
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Social media giant Meta was ordered to pay 25 billion in penalties by a New Mexico court on Wednesday as part of a data privacy lawsuit that sprang from the company’s Cambridge Analytica data scandal, which came to light in 2018.
Among the Startup Battlefield 200 were many industry-defining companies exhibiting and pitching on the Showcase Stage. Here are the standouts.
Spotify told investors its roll out of QR code verification to ensure Family Plan members live in the same household is not a “crackdown,” just a routine improvement.
Raising a Series A these days isn’t so simple — top investors break down what founders need to know now.
SPONSORED FEATURE: AI makes phishing easier than ever
SpaceX has launched the Super Intelligence Partner Network for companies that deploy or build on Grok, with Apollo, Nvidia, Snowflake, Databricks, Bain and more than 130 firms joining early. It follows a quarter in which SpaceX’s AI unit turned a profit, mostly from renting out computing power.
Victoria McClune’s career has followed the evolution of digital technology, from interactive children’s books on the first iPads to artificial intelligence systems reshaping how people work and communicate.
Kevin Weil, who led OpenAI for Science, has launched Warp Sciences with $215M led by Lightspeed, valuing it at $865M, Bloomberg reported. It is building an automated lab in the US for a drug development step that pharma companies have long outsourced to Chinese firms such as WuXi AppTec.
Universal Music Group (UMG) will license music from its artists and songwriters to TYGER. The service uses AI to make songs follow the action in a video game as people play. The two companies announced the deal today, with UMG the first major music company to license the service, they said.
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