A new data center startup called Fossefall has launched in Norway with ambitious plans to build 500MW of AI infrastructure by 2030. The company will leverage Scandinavia’s surplus renewable energy to power what it calls “AI factories” across multiple sites in Norway and Sweden.
Mitsubishi UFJ Financial Group is accelerating its push into European tech banking, launching a specialized unit that’s already making waves. The Japanese banking giant sees opportunity in the post-SVB landscape and is targeting Series C+ companies across multiple tech sectors.
The AI infrastructure space is heating up with Fireworks AI’s $250 million Series C at a $4 billion valuation. Meanwhile, healthcare AI firm Hippocratic AI raised $126 million while reporting 115 million safe patient interactions.
The startup helps marketers analyze public data and create fresh content that performs well in AI search results. With traditional SEO strategies crumbling, companies are desperate for new approaches to organic growth.
Shein’s planned Paris boutique debut turned into a nightmare as French authorities blocked packages and called for EU-wide action. The controversy comes as founder Xu Yangtian navigates the company’s third IPO location shift while maintaining his extreme privacy.
Ripple just secured $500 million from Wall Street heavyweights including Fortress and Citadel Securities. The funding comes as the company aggressively acquires financial infrastructure companies while sitting on $80 billion worth of XRP tokens.
Intuitive Machines is making its biggest strategic move yet with an $800 million acquisition of Lanteris Space Systems. The deal combines lunar expertise with established satellite manufacturing capabilities. This transforms IM from a Moon-focused company into a multidomain space prime contractor.
A Seattle startup founded by University of Washington researchers has raised $6 million to develop AI technology that creates “superhuman hearing capabilities.” The company is being incubated at the AI2 Incubator and has backing from major investors including Point72 Ventures and Amazon’s Alexa Fund
Oslo-based WeWillWrite has raised €2 million to expand its social writing platform in the US market. The startup focuses on making writing engaging through peer feedback and AI assistance, addressing the fact that 73% of students struggle with writing. Backed by Kahoot! founders and major European V
Digital assets company Ripple has secured $500 million in new funding, pushing its valuation to $40 billion. The round comes as crypto firms expand during what they see as a more favorable regulatory climate under the Trump administration and new stablecoin laws.
