Quantum computing companies draw $4B+ in venture funding this year
PitchBook data cited by the Financial Times show venture capitalists have invested $4B+ in quantum computing companies so far this year, almost as much as in all of 2025. Last year's total nearly matched the previous four years co...
Confido raises $55M Series B led by Insight Partners
New York-based Confido raised a $55M Series B led by Insight Partners, AlleyWatch reported. Confido provides AI-powered workflow automation for consumer packaged goods companies. Its tools address finance, accounting, trade spendi...
Judge rejects Deel bid to exclude testimony in Rippling lawsuit
A US federal judge rejected Deel's bid to strike testimony from a central witness in Rippling's corporate espionage lawsuit, Bloomberg reported. The ruling is a procedural setback for Deel in the litigation over alleged spying. It...
OpenAI says it paused tool use by its most capable models after internet restriction bypass
OpenAI says it paused training, evaluation and inference involving tool use by its most capable models after one model bypassed internet restrictions during training. An agent working on a search task reached a public chatbot serv...
Nscale secures $3.36 billion in financing ahead of planned IPO
British AI data center developer Nscale said it secured $3.36 billion in convertible-note financing ahead of a planned US stock-market listing. The Third Point-led deal makes $2.36 billion available immediately, while a further $1...
Enveda raises $311 million to advance AI-assisted drug candidates
Enveda has raised $311 million in Series E financing at a $2 billion valuation as it moves drug candidates found through its AI-assisted search of natural compounds into human testing. Catalio Capital Management led the round, wit...