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Power companies gain access to Anthropic cybersecurity technology

Some power companies are using Anthropic cybersecurity technology to help defend against hackers, Bloomberg reports. The deployment follows months of appeals to US government officials and Anthropic for access to the company's powerful AI models.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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Capital Infrastructure
Capital Infrastructure

Torus says it raised $500 million for combined battery and AI computing product

Energy-storage startup Torus said it raised $500 million in funding to help launch a product that combines batteries with artificial-intelligence computing. The product is the size of a shipping container, bringing energy storage and computing into one unit.

Capital Products
Capital Products

Sennder details €228 million financing package for freight operations

Digital freight forwarder sennder has secured a €228 million financing package, EU-Startups reported. It includes €73 million in equity accumulated over the past two years and €155 million in institutional financing, rather than an entirely new equity round.

Capital AI
Capital AI

Fractile raises $720M at reported $7B valuation

London-based AI chip startup Fractile raised $720M from Thrive, Founders Fund and other investors, the Financial Times reported, citing sources. The funding values the company at $7B after the investment, up from approximately $1.1B in May.

Policy Products
Policy Products

EU proposes subscription controls and ban on loot boxes for minors

The European Commission proposed a Digital Fairness Act that would ban paid loot boxes for under-18s, prohibit manipulative interface practices and require online subscription cancellation in a few clicks, The Next Web reports.