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Court lets NSF keep swinging axe at $1B in research grants

A US court has cleared the way for the National Science Foundation to press ahead with the cancellation of more than 1,700 research grants worth upwards of $1 billion. The ruling, handed down this week by Judge Jia Cobb of the DC District Court, rejects a request from researchers, universities and scientific societies to reinstate the cancelled grants while the case is heard. The plaintiffs had argued that NSF's mass terminations were arbitrary, unlawful and would do irreparable harm to the cou

Geizhals Preisvergleich Donates USD 10k to the Perl and Raku Foundation

Geizhals Preisvergleich Donates USD 10,000 to The Perl and Raku Foundation Today The Perl and Raku Foundation is thrilled to announce a donation of USD 10,000 from Geizhals Preisvergleich. This gift helps to secure the future of The Perl 5 Core Maintenance Fund. Perl has been an integral part of our product price comparison platform from the start of the company 25 years ago. Supporting the Perl 5 Core Maintenance Fund means supporting both present and future of a substantial pillar of Modern

How to measure the returns on R&D spending

Sure, it’s easy to argue for the importance of spending on science by pointing out that many of today’s most useful technologies had their origins in government-funded R&D. The internet, CRISPR, GPS—the list goes on and on. All true. But this argument ignores all the technologies that received millions in government funding and haven’t gone anywhere—at least not yet. We still don’t have DNA computers or molecular electronics. Never mind the favorite examples cited by contrarian politicians of se

Jack Altman raised a new $275M early-stage fund in a mere week

In Brief The Altman brothers sure have a knack for being venture capitalists. On Tuesday, this especially applied to Jack Altman, co-founder of $3 billion-valuation HR software startup Lattice and brother to OpenAI CEO Sam Altman. Jack Altman just announced a second $275 million fund for his solo-run firm Alt Capital. And from start to finish, it took him a week, he told The Wall Street Journal. His first fund, raised in early 2024, was $150 million, so this is a big step up. He used it to in

Figure reaches $39B valuation in latest funding round

In Brief Humanoid robotics company Figure raised its largest round of funding yet, a sign of growing investor interest in robots designed to work alongside humans in warehouses, factories, and other settings. San Jose, California-based Figure announced on Tuesday that it raised a Series C funding round that values the company at $39 billion. The round, which “exceeded $1 billion,” said Figure, was led by Parkway Venture Capital with participation from Brookfield Asset Management, Nvidia, and I

Robinhood plans to launch a startups fund open to all retail investors

Robinhood announced Monday it has filed an application with the U.S. Securities and Exchange Commission to launch a new publicly traded fund that will hold shares of startups. The idea behind the “Robinhood Ventures Fund I” is to allow every retail investor access to make money on the hottest startups before they go public. While the current version of the application is public, Robinhood hasn’t filled in the fine-print yet. This means we don’t know how many shares it plans to sell, nor other

Scientists: It’s do or die time for America’s primacy exploring the Solar System

Federal funding is about to run out for 19 active space missions studying Earth's climate, exploring the Solar System, and probing mysteries of the Universe. This year's budget expires at the end of this month, and Congress must act before October 1 to avert a government shutdown. If Congress passes a budget before then, it will most likely be in the form of a continuing resolution, an extension of this year's funding levels into the first few weeks or months of fiscal year 2026. The White Hou

Mistral raises 1.7B€, partners with ASML

We are announcing a Series C funding round of 1.7B€ at a 11.7B€ post-money valuation. This investment fuels our scientific research to keep pushing the frontier of AI to tackle the most critical and sophisticated technological challenges faced by strategic industries. The Series C funding round is led by leading semiconductor equipment manufacturer, ASML Holding NV (ASML). “ASML is proud to enter a strategic partnership with Mistral AI, and to be lead investor in this funding round. The collab

Mistral AI raises 1.7B€, enters strategic partnership with ASML

We are announcing a Series C funding round of 1.7B€ at a 11.7B€ post-money valuation. This investment fuels our scientific research to keep pushing the frontier of AI to tackle the most critical and sophisticated technological challenges faced by strategic industries. The Series C funding round is led by leading semiconductor equipment manufacturer, ASML Holding NV (ASML). “ASML is proud to enter a strategic partnership with Mistral AI, and to be lead investor in this funding round. The collab

Mistral AI raises €1.7B to accelerate technological progress with AI

We are announcing a Series C funding round of 1.7B€ at a 11.7B€ post-money valuation. This investment fuels our scientific research to keep pushing the frontier of AI to tackle the most critical and sophisticated technological challenges faced by strategic industries. The Series C funding round is led by leading semiconductor equipment manufacturer, ASML Holding NV (ASML). “ASML is proud to enter a strategic partnership with Mistral AI, and to be lead investor in this funding round. The collab

How Trump’s policies are affecting early-career scientists—in their own words

Looking ahead, an academic at a public university in Texas, where the money granted for indirect costs funds student salaries, said he plans to hire fewer students for his own lab. “It’s very sad that I cannot promise [positions] at this point because of this,” he told us, adding that the cap could also affect the competitiveness of public universities in Texas, since schools elsewhere may fund their student researchers differently. At the same time, two people with funding through the Defense

How Anthropic's enterprise dominance fueled its monster $183B valuation

PM Images/DigitalVision via Getty Follow ZDNET: Add us as a preferred source on Google. ZDNET's key takeaways Anthropic is valued at $183 billion after a new funding round. The company currently serves over 300,000 enterprise customers. A marketing emphasis on safety could be a major driving factor. Anthropic is soaring, and the popularity of its tools among enterprise clients is providing much of the lift. The AI start-up announced on Tuesday that its latest funding round raised $13 bill

Charting Form Ds to roughly see the state of venture capital “fund” raising

The startup bubble that no one is talking about August 28, 2025 Figure 1** Above is a graph that displays the amount of Form Ds filed, where the entity (read: company/firm) name contains the phrases "fund I", "fund II", "fund III", and "fund IV". The x-axis is not the prettiest, but it is broken down by quarter. You can see that the line for "fund I" sees by far the greatest peak around quarter 3 of 2022, with a steep drop off immediately after. The other lines have a similar, but less pronou

The startup bubble that no one is talking about

The startup bubble that no one is talking about August 28, 2025 Figure 1 Above is a graph that displays the amount of Form Ds filed, where the entity (read: company/firm) name contains the phrases "fund I", "fund II", "fund III", and "fund IV". The x-axis is not the prettiest, but it is broken down by quarter. You can see that the line for "fund I" sees by far the greatest peak around quarter 3 of 2022, with a steep drop off immediately after. The other lines have a similar, but less pronounc

The US government is taking a 10 percent stake in Intel

President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during a press conference on Friday, though an official announcement is still forthcoming, Reuters reports. News of a plan to convert Intel's previously promised CHIPS Act funding into equity in the company was first reported earlier in August. A meeting between Intel CEO Lip-Bu Tan and Trump following the President's call for Tan to resign seems to be the source of the deal. "H

Deeply divided Supreme Court lets NIH grant terminations continue

Shortly after the Trump Administration took office, it started cancelling grants for things it had disagreements with: funding for pandemic preparation, efforts to diversify the scientific workforce, those that targeted minority health issues, and more. These terminations were challenged in court, and a consolidate case was heard in the District of Massachusetts, pitting the government against individual researchers, organizations that represent them, and states that host research institutions.

Palantir stock falls for sixth-straight day in longest losing streak since April 2024

Palantir shares sank further into correction territory Wednesday after six straight days of heavy selling. The slide marks the longest such streak for the artificial intelligence software company since April 2024, and brings shares down 18% from the recent intraday record. Shares closed in correction territory on Tuesday after accumulating a 15% loss from the highs. Wednesday's moves also dropped Palantir out of the 20 most valuable U.S. companies ranking. The software analytics company achiev

Palantir stock plummets 18% from highs in longest losing streak since April 2024

Palantir shares sank further into correction territory Wednesday after six straight days of heavy selling. The slide marks the longest such streak for the artificial intelligence software company since April 2024, and brings shares down 18% from the recent intraday record. Shares closed in correction territory on Tuesday after accumulating a 15% loss from the highs. Palantir's slide followed a broader market sell-off and came on the heels of a short seller report from Andrew Left's Citron Rese

Palantir stock plummets 20% from highs in longest losing streak since April 2024

Palantir shares sank into bear market territory Wednesday after six-straight days of heavy selling. The slide marks the longest such streak for the artificial intelligence software company since April 2024, and brings shares down 20% from the recent record. Shares closed in correction territory on Tuesday after accumulating a 15% loss from the highs. Palantir's slide followed a broader market selloff and came on the heels of a short-seller report from Andrew Left's Citron Research. He called t

Nvidia, Bill Gates-backed robotics startup Field AI hits $2 billion valuation after recent raise

Bill Gates-backed Robotics startup Field AI has raised $405 million in two funding rounds, with investments from Nvidia 's venture capital arm and Amazon founder Jeff Bezos' family office. The funding comes during an "aha moment," founder and CEO Ali Agha told CNBC, as software and hardware reach an inflection point. "We are growing," he said. "This funding announcement is to respond to the customer demand." The latest round values the two-year-old startup at $2 billion, according to a person

What Is the Electric Constant and Why Should You Care?

It's fun to think about the fundamental physical constants. These are special values used in our models of the physical universe. They include things like the speed of light, the gravitational constant, and Planck’s constant, and they’re “fundamental” in the sense that we can't derive them theoretically, we can only measure them. We use these in solving physics problems all the time, so it’s easy to take them for granted. But why are there such numbers in nature, and why do they just happen to

Trump's Anti-Science Agenda Is Massively Hampering His Plans for AI, Experts Warn

President Donald Trump's cost-cutting measures to decrease the federal budget have already been backfiring. Federal workers are being fired and rehired. Elon Musk's so-called Department of Government Efficiency has been deemed an utter failure as well. And now, the United States' lead in AI technologies and Trump's own policy proposal to boost AI are under threat due to Trump's anti-science agenda, The Guardian reports. Last month, the Trump administration released its "AI Action Plan," a poli

Kodak has no plans to cease, go out of business, or file for bankruptcy

Media reports that Kodak is ceasing operations, going out of business, or filing for bankruptcy are inaccurate and reflect a fundamental misunderstanding of a recent technical disclosure the Company made to the SEC in its recently filed second quarter earnings report. These articles are misleading and missing critical context, and we'd like to set the record straight. The most important things to know are: Kodak has no plans to cease operations, go out of business, or file for bankruptcy prote

Statement Regarding Misleading Media Reports

Media reports that Kodak is ceasing operations, going out of business, or filing for bankruptcy are inaccurate and reflect a fundamental misunderstanding of a recent technical disclosure the Company made to the SEC in its recently filed second quarter earnings report. These articles are misleading and missing critical context, and we'd like to set the record straight. The most important things to know are: Kodak has no plans to cease operations, go out of business, or file for bankruptcy prote

Trump administration stops illegal freeze of $5B EV charger funds after losing in court

The Trump administration has finally issued new guidance that states can use to dole out $5 billion in funding for electric vehicle charging infrastructure, after spending months withholding the money. A coalition of states sued over the funding freeze in the National Electric Vehicle Infrastructure (NEVI) program, which was one of the administration’s many attempts to stop funding appropriated by Congress at the start of Donald Trump’s second term. A judge ruled in June that those states were

Trump admin stops illegal freeze of $5B EV charger funds after losing in court

The Trump administration has finally issued new guidance that states can use to dole out $5 billion in funding for electric vehicle charging infrastructure, after spending months withholding the money. A coalition of states sued over the funding freeze in the National Electric Vehicle Infrastructure (NEVI) program, which was one of the administration’s many attempts to stop funding appropriated by Congress at the start of Donald Trump’s second term. A judge ruled in June that those states were

New executive order puts all grants under political control

On Thursday, the Trump administration issued an executive order asserting political control over grant funding, including all federally supported research. The order requires that any announcement of funding opportunities be reviewed by the head of the agency or someone they designate, which means a political appointee will have the ultimate say over what areas of science the US funds. Individual grants will also require clearance from a political appointee and "must, where applicable, demonstra

New executive order puts all grants under political control

On Thursday, the Trump administration issued an executive order asserting political control over grant funding, including all federally supported research. The order requires that any announcement of funding opportunities be reviewed by the head of the agency or someone they designate, which means a political appointee will have the ultimate say over what areas of science the US funds. Individual grants will also require clearance from a political appointee and "must, where applicable, demonstra

RIP Corporation for Public Broadcasting: 1967–2026

Despite the protests of millions of Americans, the Corporation for Public Broadcasting (CPB) announced it will be winding down its operations after the White House deemed NPR and PBS a "grift" and pushed for a Senate vote that eliminated its entire budget. The vote rescinded $1.1 billion that Congress had allocated to CPB to fund public broadcasting for fiscal years 2026 and 2027. In a press release, CPB explained that the cuts "excluded funding for CPB for the first time in more than five deca

Venture firm CRV raises $750M, downsizing after returning capital to investors

CRV has secured $750 million toward the 55-year-old venture firm’s twentieth flagship fund, it announced on Friday. The new fund is smaller than the $1 billion early-stage fund CRV closed in the fall of 2022. At that time, the firm also announced a $500 million second Select fund, a capital pool for backing late-stage rounds of existing portfolio companies. It’s no surprise that CRV is not raising a late-stage fund as part of its new fundraise. Last year, the firm told The New York Times it wa