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Military & Defense
In a bold move to reinvigorate American manufacturing, automated production startup Hadrian has raised a massive $260 million in new funding to expand its factory footprint and accelerate its mission of reshoring industrial capabilities. The round, led by Founders Fund and Lux Capital, comes amid renewed investor focus on rebuilding
Media
Substack, the popular publishing platform for independent writers and creators, announced Thursday it has raised $100 million in Series C funding, pushing its valuation to $1.1 billion—a nearly 70% increase from its 2021 valuation of $650 million, as reported by The New York Times. The funding round was
Artificial Intelligence (AI)
French AI company Mistral has significantly upgraded its chatbot, Le Chat, unveiling a suite of new features that edge it closer to competitors like OpenAI’s ChatGPT and Google’s Gemini. The update, released Thursday, introduces advanced capabilities such as deep research mode, multilingual reasoning, and enhanced image editing—transforming
Artificial Intelligence (AI)
OpenAI has launched a powerful new AI tool—ChatGPT agent—marking a significant leap in the company’s ongoing evolution from chatbot to action-taking digital assistant. This latest offering, now available to Pro, Plus, and Team subscribers, aims to automate a wide range of computer-based tasks traditionally handled by humans.
Transportation
In a bold move to establish itself as a dominant player in the autonomous vehicle race, Uber has announced a sweeping investment strategy that includes partnerships with electric vehicle manufacturer Lucid Motors and self-driving technology startup Nuro. The company plans to pour hundreds of millions of dollars into these firms
Energy
Panasonic Holdings Corp. is moving ahead at full speed with its newest battery manufacturing plant in De Soto, Kansas, aiming to reach full production by the end of 2025, according to a senior executive. Megan Myungwon Lee, Panasonic's head of North American operations, confirmed the timeline during a
Manufacturing
British aerospace and defense giant Rolls-Royce has announced a $75 million investment to expand its engine manufacturing facility in Aiken, South Carolina — a strategic move that signals the company’s deeper push into energy and power systems alongside its aerospace roots. The investment is aimed at boosting production of the
Transportation
Uber is continuing its aggressive push into autonomous vehicles with a major new deal—this time partnering with Chinese tech giant Baidu. Announced Tuesday, the multi-year strategic partnership will bring Baidu’s Apollo Go robotaxis to the Uber platform in select markets outside the U.S. and mainland China, starting
Artificial Intelligence (AI)
As artificial intelligence becomes increasingly integrated into our daily lives, speech is rapidly emerging as the preferred interface between humans and machines. Recognizing this shift, French AI startup Mistral has entered the audio AI arena with Voxtral, its first family of speech understanding models, setting its sights on disrupting the
Sustainability
Apple is making a significant push to secure the future of its supply chain and further its environmental goals with a $500 million investment in MP Materials, the only fully integrated rare earth mining company currently operating in the United States. The investment is a major step in strengthening the
Artificial Intelligence (AI)
Anthropic, the AI startup backed by Amazon and founded by ex-OpenAI researchers, has launched a new suite of tools specifically designed for financial services professionals. Announced Tuesday at an event in New York City, the Financial Analysis Solution is a tailored version of the company's enterprise product, Claude
Artificial Intelligence (AI)
Moonvalley, an emerging force in the intersection of AI and film, has raised $84 million in a new funding round aimed at advancing its AI-powered video tools tailored for filmmakers and creative professionals. The round was led by existing investor General Catalyst and drew strategic backing from major Hollywood players,