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The Boring Company Raises $3B at $23B Valuation in UAE-Led Round
The Boring Company raised $3 billion in a UAE-led Series D, valuing it at $23 billion and backing plans to build over 150 km of tunnels in the UAE.
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AIAI Agents Are Flooding Public Services With New Requests, Study Finds
AI tools are driving sharp increases in public-service requests, with a study identifying 84 potential cases of agentic flooding across 11 jurisdictions.
EnterpriseBending Spoons to Buy Miro for $1.36B, Far Below Its $17.5B Peak
Bending Spoons agreed to buy Miro for $1.36 billion in cash, valuing the collaboration software maker far below its $17.5 billion peak valuation in 2021.
RoboticsMaven Robotics Emerges From Stealth With $100M to Scale Industrial Robots
Maven Robotics emerged from stealth after raising $100 million to scale industrial robots, including a planned build of 250 third-generation machines.
ClimateGoogle to Buy 1M Rice Methane Carbon Credits From India’s Mitti Labs
Google agreed to buy 1 million carbon credits from Mitti Labs through 2030 to support rice methane reductions and water savings across farms in India.
SecurityIDScan Confirms Data Breach Involving Driver’s License and Passport Data
IDScan confirmed a cloud breach involving driver’s license and passport data after reports linked the incident to more than 150 million license records.
Government & PolicyEuropean Founders and VCs Urge Lawmakers to Preserve EU Inc.
European founders and investors are urging lawmakers to preserve EU Inc., a proposed common company framework designed to reduce cross-border business friction.
AppsSnapchat Launches Plans for Private Events, Invitations and RSVPs
Snapchat Plans lets users create private events, invite up to 200 friends, track RSVPs and manage event details directly inside Snapchat chats and profiles.
StartupsMach Industries Raises $600M, Doubling Valuation to $3.7B in Three Months
Mach Industries raised $600 million in a Series C extension, doubling its Valuation to $3.7 billion just three months after its previous funding round.
TransportationU.S. Army Awards Tern $11.26M Contract for GPS-Independent Navigation
Tern won an $11.26 million U.S. Army contract to deploy GPS-independent vehicle navigation technology that works when satellite signals are unavailable.
VentureListen Labs Scraps $125M Series C Amid Reported Salesforce Acquisition Talks
Listen Labs reportedly walked away from a $125 million Series C at a $1.5 billion valuation while Salesforce held acquisition talks valued at about $2 billion.
AIOpenAI Adds AI Safety Researcher Paul Christiano to Foundation Board
OpenAI appointed AI safety researcher Paul Christiano to its Foundation board and Safety and Security Committee as scrutiny of advanced AI risks grows.
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