Harvey has secured $150 million in new funding led by Andreessen Horowitz, valuing the legal AI startup at over $8 billion. The valuation has more than doubled since June, reflecting explosive growth in legal AI adoption. The funding race highlights intensifying competition to transform the $1 trill
The European Union is assembling a €25 billion scale-up fund with major private investors to address Europe’s chronic late-stage funding gap. This ambitious initiative targets deep-tech sectors where Europe risks falling behind global competitors.
The $10 million equity round led by F-Prime Capital signals growing institutional confidence in stablecoin infrastructure for cross-border payments. Hercle’s dual focus on remittances and trade finance targets two of global finance’s most inefficient markets.
The European Commission has partnered with major private investors to establish the Scaleup Europe Fund, targeting strategic deep tech companies. This initiative aims to close Europe’s growth capital gap and compete globally.
OpenAI’s new corporate structure values the company at $500 billion despite never turning a profit. Microsoft stands to make a 10x return on its investment, while critics question whether the arrangement properly serves the public good.
OpenAI’s transformation into a public benefit corporation with Microsoft’s 27% stake worth $135 billion signals a major shift in artificial intelligence development. The deal grants Microsoft exclusive IP rights through 2032 while allowing both companies to pursue AGI independently.
A new Kickstarter campaign aims to bring Lego’s Game Boy model to life with emulation capabilities. However, with prices starting at €129, the BrickBoy faces stiff competition from more capable retro gaming handhelds.
OpenAI’s structural transformation into a public benefit corporation with Microsoft holding a 27% stake valued at $135 billion marks a pivotal moment in AI commercialization. This strategic shift balances mission preservation with the capital demands of frontier AI development. The partnership’s exc
Stockholm-based Grasp has raised €6 million in Series A funding to scale its multi-agent AI systems that automate complex financial analysis and consulting work. The startup, founded by former McKinsey consultants and Ericsson engineers, serves nearly 200 customers including Big Four consulting firm
S&P Global Ratings reveals African development banks are strengthening capital buffers and expanding lending capacity. New frameworks could unlock up to $800 billion in additional sovereign lending to address infrastructure and climate financing gaps.
