Megaport plans to acquire Compute-as-a-Service provider Latitude.sh, combining network and compute capabilities into a global IaaS platform. The deal is expected to close by end of 2025, though financial terms weren’t disclosed. The combined offering will span over 1,000 data centers across 26 count
OpenAI’s financial documents reveal the company expects to burn cash at staggering rates through 2028, with losses reaching 75% of revenue. The strategy depends on massive infrastructure spending and explosive revenue growth to eventually turn profitable around 2030.
French satellite constellation manufacturer U-Space secured €24 million in Series A funding to scale production. The company plans to achieve weekly satellite manufacturing by 2027 through its automated Toulouse facility. This positions France as a key player in Europe’s growing space manufacturing
Lisa Wright, founder and CEO of Landings, is building a network of rural vertiports to expand advanced air mobility across the US. Her vision combines cutting-edge aviation infrastructure with community development and economic revitalization.
New reports reveal OpenAI’s staggering $74 billion projected loss for 2028, while competitor Anthropic expects to break even. The companies are pursuing completely different business strategies despite operating in the same AI market.
Crypto traders are increasingly handing over their portfolios to AI agents that never sleep and constantly rebalance holdings. Despite the industry’s “don’t trust, verify” mantra, several platforms have earned trust through transparency and proven returns. The sector now manages over $100M across va
U.S. companies announced 153,074 job cuts in October, the highest single-month total in Q4 since 2008. While small businesses haven’t joined the layoff wave yet, economic pressures are mounting that could change their hiring strategies dramatically.
With AI systems requiring massive data volumes to function, big data management has become critical. These five startups are tackling the challenge of wrangling ever-growing data across distributed IT environments.
PitchBook is launching an AI assistant called Navigator that provides instant access to private market data. Subscribers will be able to query startup information directly through ChatGPT starting in late November.
London’s AI Score has emerged from stealth with €864k in pre-Seed funding to tackle the growing AI governance crisis. The platform provides real-time visibility and control across enterprise AI systems as 70% of security leaders cite AI governance as a top priority. The funding reflects broader Euro
