Microsoft reports broader recovery but services remain degraded
Image: Primary
Image: Primary Nscale had $5.5B in debt in September, up from $137.4M in June, Bloomberg reported, citing an amended S-1 filing. Nvidia committed $2B of the data center developer's $3B+ convertible financing; Nscale previously disclosed $1B.
Czech startup ValkaAI has extended its pre-seed funding round to €13 million, with backing from Look AI Ventures and ff Venture Capital. The company announced €12 million in initial external funding in February 2026.
Smartbird, formerly Allbirds, says only the initial $8.25 million of its convertible-note facility has been invested, while the remaining $91.75 million is solely at noteholders' option.
Germany's NeuralSat has secured €2.9 million in pre-seed funding to develop a network that would relay satellite data and process it in orbit. Capnamic Ventures and Bayern Kapital led the round.
South Korean startup DeepX plans to spend more than $100 million developing its next artificial intelligence chip, Bloomberg reported.
Uber is notifying thousands of drivers that their personal and driver's license information was stolen in an October breach at Fireworks AI, TechCrunch reported. Notices filed this week say attackers stole internal credentials from the provider and used them to access Uber data.