European AI unicorn pivots to launch fleet of killer drones
Helsing built a $4.5 billion business on a pledge to transform Europe’s militaries with software, not hardware.
Iain Martin, Forbes Staff
This Swedish start-up raised $84 million to build an army of AI agents
AI startup Sana just raised $55 million at a $500 million valuation to help companies make sense of their data, and build their own artificial intelligence agents.
OnlyFans billionaire owner pockets $472 million dividend
A marked increase in non-subscription revenue resulted in a fat payout for the platform’s sole owner Leonid Radvinsky.
Restraining orders and dumbfounded investors: Ryan Breslow’s $450 million Bolt round in chaos
The Bolt founder claimed a group of investors had signed off on the company’s chaotic $450 million raise, but some said they hadn’t. Now, BlackRock and other investors have moved to stall the round.
This startup bought up Imgur, Genius and Amino. Why are they all suing?
Whisper cofounder Michael Heyward’s second company made a $1.1 billion business out of acquiring floundering startups like Imgur, Genius and Kik. Then came the lawsuits.
Billionaire Palmer Luckey sues contractor after being trapped in his mansion’s car elevator
The Anduril founder has sued the construction company who led a $2.5 million project to turn the property next to his Newport Beach, California, home into a giant garage.
The Candy Crush guys are secretly building a new startup
After selling Candy Crush developer for $5.9 billion, one cofounder Sebastian Knutsson has a new gaming startup.
Funding for Europe’s startups slumps again
Just four weeks after launching, a team of former Meta and Google artificial intelligence researchers raised $113 million in June for a new AI startup.
Bhutan built a Bitcoin mine on the site of its failed ‘education city’
The Himalayan Kingdom quietly spent millions building its own bitcoin mining operation. Now, satellite imagery reveals the mine’s secret locations.
AI’s new backer: Stablecoin Tether makes a US$420 million bet on cloud GPUs
The so-called stablecoin has bankrolled German bitcoin miner Northern Data’s pivot to powering AI startups with a purchase of 10,000 of Nvidia’s top of the line AI chips.