Sharpa secures $668 million for commercial robotics push
Robotics startup Sharpa has raised more than RMB 4.5 billion ($668 million) at a reported RMB 22 billion post-money valuation. The company said it will use the capital for research and development, talent, and moving its general-p...
eComID acquires Nilum to enter recommerce
Stockholm-based eComID has acquired Nilum, an AI-native second-hand shopping startup, marking eComID's first move into second-hand fashion. Nilum founder Jonas Fagerlund will join eComID as head of recommerce. eComID says it opera...
Backbone raises €4 million for food-quality software
Brussels-based Backbone has raised €4 million in a pre-seed round led by Pitchdrive, with PROfounders Capital, Passion Capital, existing investor 100IN and Belgian food-industry families participating. The company says it will us...
Tencent's Hy4 preview raises coding benchmark position
Tencent's Hy4 preview AI model ranked eighth on Code Arena's WebDev leaderboard on Tuesday, compared with 34th for the prior Hy3 generation. The 770-billion-parameter model has a one-million-token context window, up from 295 bill...
Army awards $464.8m production deal for LOCUST X3 lasers
AeroVironment says it received a $464.8 million U.S. Army award for dozens of production LOCUST X3 directed-energy systems, plus support and training, to be delivered over the next few years. The 30-kilowatt systems are intended ...
Organized opposition halts $100 billion Virginia data-center project
Organized opposition halted a $100 billion data-center project in Prince William County, Virginia, according to a Bloomberg summary. The project's developers were backed by two of the world's biggest private-equity companies. The ...