Einride, the Swedish electric and autonomous trucking startup, began trading on the Nasdaq on Wednesday through a merger with blank-check firm Legato Merger Corp III. The deal values the company at approximately $1.35 billion pre-money, down from the $1.8 billion announced in November and well below the roughly $5 billion discussed in earlier IPO talks with banks, […]

The AI infrastructure earnings calls of the past eight quarters have given the public a precise vocabulary for what the build-out costs in capital. Hyperscaler GPU procurement. Power purchase agreements. Real-estate footprints. The vocabulary they have not given the public is for what it costs to keep the clusters healthy on a recurring basis after […]

Three-quarters of C-suite leaders at some of the world’s largest companies say agentic AI either lives up to the hype or is being underestimated. That is according to a poll conducted by AI Infra Summit at an exclusive CEO event in April, where attendees represented firms including Amazon, Dell Technologies, FedEx, Hitachi, Lenovo, MasterCard, Mercedes-Benz, […]

Standard Bots has raised $200 million at a $1 billion valuation to expand US manufacturing of AI-powered robotic arms. The round was led by General Catalyst and RoboStrategy, a robotics-focused fund, and follows a $63 million raise nearly two years ago at an undisclosed valuation. The New York-based company makes robotic arms for industrial automation, handling tasks […]

Addverb Technologies, the Indian robotics startup controlled by Mukesh Ambani’s Reliance Industries, is seeking to raise more than $100 million to fund development of humanoid and quadruped robots and build the AI systems to train them. CEO Sangeet Kumar told Bloomberg the raise is the company’s first major fundraising effort since Reliance’s $132 million investment […]

The B2B marketing playbook has a new top metric: whether a brand gets cited when a buyer asks an AI assistant a question. The brands that show up inside ChatGPT, Claude, and Google’s AI Overviews, are, with very few exceptions, the brands that also rank well on Google itself. AI visibility is correlated with search rank, […]

Legora, the agentic AI platform for legal professionals, is opening offices in Madrid, Milan, and Paris during Q3 2026, alongside a dedicated engineering hub in London. Hiring across all four locations has begun, with the company targeting a combined EMEA headcount of 700 within the next six to 12 months. The expansion follows a $600 million […]

Salesforce has signed a definitive agreement to acquire m3ter, a London-based metering and rating platform built for consumption-based billing. The deal will integrate m3ter’s infrastructure natively into Agentforce Revenue Management, giving Salesforce customers the ability to launch, track, and bill usage-based and outcome-based pricing models without leaving the platform. Financial terms were not disclosed. The […]

Munich-area startup ERC System has unveiled Victor, an uncrewed hybrid-electric cargo eVTOL designed for defence, logistics, and disaster response, at ILA Berlin 2026. The company says the aircraft can carry a 250kg payload over a range of 300km at a cruise speed of 250km/h. ERC System is targeting first deliveries in 2028. Victor uses a […]

Taiwan Semiconductor Manufacturing Company, the world’s largest chipmaker, told the BBC that inflation is pushing up its costs and did not rule out raising prices. CFO Wendell Huang said the company would not impose sudden “fourfold, fivefold” increases but acknowledged that costs have risen. “We reflect our value,” he said, pointing to TSMC’s technology leadership […]