Lumaril raises $66 million for industrial AI software
Lumaril raised a $66 million Series A at a $400 million valuation, The Wall Street Journal reported. The company develops AI software that connects to manufacturers' existing control systems to optimize industrial production on factory floors.
Binance plans phased withdrawal restart after hack
Binance says it plans to resume withdrawals in phases starting Sunday after covering 95% of the $6.3 billion in tokens stolen in a hack, Reuters reports. The stolen tokens included BTC and ETH. The planned restart would restore withdrawal access in stages.
NeuroXess raises RMB 700 million for brain-computer interfaces
Shanghai-based NeuroXess raised RMB 700 million in Series B funding, TechNode reported. SDIC Juli, Shenzhen Capital Group and Qinzhi Capital co-led the round.
Binance seeks licensed return to Malaysia through regulatory talks
Binance said it is discussing a licensed business in Malaysia with the country's regulators. The cryptocurrency exchange is seeking a route back into a market where authorities have blocked its website and applications. The discussions concern access through a licensed operation.
Five technology giants commit more than $3T to future spending
Alphabet, Meta, Microsoft, Amazon and Oracle have committed more than $3T to future spending on data centres, leases, equipment and energy, The Next Web reported, citing Bloomberg. Alphabet accounts for more than $1T and Meta for more than $800B.
Salesforce's Rune acquisition agreement reportedly worth $375 million
Salesforce's agreement to acquire military logistics software developer Rune Technologies is worth $375 million in cash and stock, Resilience Media reported. Rune builds AI software that helps the US military predict supply needs and manage logistics in the field.
