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Amazon to invest £40 billion in the UK over next three years

cnbc.com Ryan Browne 2026-02-28 11:19:10

LONDON — Amazon will invest £40 billion ($54 billion) in the U.K. over the next three years, the e-commerce titan announced Tuesday. The company said it plans to spend the money on building four new fulfillment centers — large warehouses where it prepares orders for delivery — as well as upgrades and expansions to its existing operations buildings across the country. The announcement was cheered by the British government, which has been courting investments from major tech players of late as i

Topics: billion domestic government growth said

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Trump Snubbed Jared Isaacman as NASA Chief, but the Private Astronaut Isn’t Done With Space

gizmodo.com Passant Rabie 2026-02-28 20:24:41

Although Jared Isaacman is out of the running for the position of NASA administrator, the space enthusiast is still very much interested in staying in the game. In a recent appearance, Isaacman revealed he would still like to pursue launching robotic missions to space. This weekend, Isaacman received the National Space Society’s Wernher von Braun Award for the privately funded Polaris Dawn mission that he led in September 2024. After his speech, Isaacman spoke of plans he would have executed as

Topics: billion isaacman missions nasa space

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Trump Media Has a Bold Plan to Regain Confidence

gizmodo.com Luc Olinga 2026-03-01 08:56:45

Trump Media and Technology Group, the company behind Truth Social, announced an ambitious new financial strategy on Monday: it’s going to spend up to $400 million to buy its own stock. In a press release, CEO Devin Nunes framed the move as a resounding “vote of confidence in our Company, our stock, and our strategic plans.” With approximately $3 billion in cash on its balance sheet, Nunes argued, the company has the flexibility to take actions that “support strong shareholder returns.” But in

Topics: company media million stock trump

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Four months after a $3B valuation, Harvey AI grows to $5B

techcrunch.com Marina Temkin 2026-03-01 17:03:00

In Brief Harvey AI, a startup that provides automation for legal work, has raised $300 million in Series E funding at a $5 billion valuation, the company told Fortune. The round was co-led by Kleiner Perkins and Coatue, with participation from existing investors, including Conviction, Elad Gil, OpenAI Startup Fund, and Sequoia. The financing comes just four months after Harvey announced that Sequoia led a $300 million Series D round at a $3 billion valuation. While many AI companies aim to ke

Topics: ai harvey legal million year

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‘Elio’ Gave Pixar Its Worst Box Office Opening Ever

gizmodo.com James Whitbrook 2026-03-02 08:00:53

Elio may have garnered some very solid reviews–low for Pixar considering its back catalogue, but still very solid–but that apparently wasn’t enough to save it from setting a pretty grim record. The movie is now currently Pixar’s worst-performing opening weekend, but while there is still plenty of time for things to change, what it might say about the future of the studio’s output isn’t so optimistic. Variety reports that Elio ranked third at the Box Office this weekend behind the still-continue

Topics: elio just million pixar weekend

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Pompliano’s ProCap raises over $750 million, goes public via SPAC as bitcoin treasury bubble grows

cnbc.com Mackenzie Sigalos 2026-03-02 22:40:59

The race to create publicly traded bitcoin treasuries is accelerating — and so is the capital pouring in. ProCap Financial, the latest entrant, has raised more than $750 million and is going public through a special purpose acquisition company, or SPAC, with Columbus Circle Capital Corp. I, according to an announcement Monday. Led by investor and podcast host Anthony Pompliano, ProCap raised more than $750 million in its funding round, including $235 million in convertible debt, with equity ma

Topics: bitcoin bubble capital million procap

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SMB-focused Finom closes €115M as European fintech heats up

techcrunch.com Anna Heim 2026-03-03 10:01:00

While funding may be scarce for some, Europe’s fastest-growing startups still have their pick. The latest beneficiary of that investor appetite is Finom, a five-year-old, Amsterdam-based challenger bank that targets small and medium-size businesses across Europe. The company, which claims to have doubled its revenue in 2024, just closed a €115 million Series C equity round (around $133 million), TechCrunch learned exclusively. This comes only a few weeks after it landed $105 million in growth f

Topics: company finom funding million series

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Telegram CEO Says He’ll Leave His Fortune to His 106+ Children

gizmodo.com Lucas Ropek 2026-03-03 10:55:17

Telegram CEO Pavel Durov is so obsessed with his own jizz that he’s spent years sending it to random women so they can inseminate themselves with it. As a result, the billionaire is said to have as many as 106 biological children. Now, Durov has promised that—in the event of his death—he will bequeath his massive fortune (reputed to be some $17 billion) to all of his wayward spawn. Durov’s supposed plan was revealed during a recent interview with Le Point, a French news site. He revealed to the

Topics: billionaire children durov said site

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Cluely, a startup that helps ‘cheat on everything,’ raises $15M from a16z

techcrunch.com Marina Temkin 2026-03-03 12:06:19

Cluely, a startup that claims to help users “cheat” on job interviews, exams, and sales calls, has raised a $15 million Series A led by Andreessen Horowitz, the company announced on Friday with a video posted on X. Two investors who were not part of the deal tell TechCrunch they believe Cluely’s post-money valuation is around $120 million. Andreessen Horowitz declined to comment on that figure. Lee didn’t respond to a request for comment. Cluely’s new funding comes roughly two months after it

Topics: cluely lee million techcrunch ventures

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TechCrunch Mobility: Applied Intuition’s eye-popping valuation, the new age of micromobility, and Waymo’s wild week

techcrunch.com Kirsten Korosec 2026-03-03 17:27:00

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Waymo might be the largest commercial robotaxi operator — offering 250,000 paid rides per week — but it is hardly smooth. The past seven days in Waymo’s world illustrates just how dynamic the burgeoning robotaxi business can be. The company limited service nationwide on June 13 ahead of scheduled “No Kings” protests against Presid

Topics: bellan company micromobility million techcrunch

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Startups Weekly: Fast and furious

techcrunch.com Anna Heim 2026-03-04 08:30:00

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Some startups accrued value at lightning speed this week, and we got confirmation that defense tech is red hot. Most interesting startup stories from the week Image Credits:Kelly Sullivan / Getty Images Many startup stories this week occurred in Y Combinator’s orbit in some way. Also, Israel once again lived up to its “Start-Up Nation” repu

Topics: ai million series startup vc

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Are 16 billion compromised passwords really part of a newly discovered data breach?

techspot.com Alfonso Maruccia 2026-03-04 22:26:00

A hot potato: Researchers have reportedly discovered a massive, unprecedented archive containing billions upon billions of compromised user credentials. Dubbed the "Mother of All Breaches," the archive has sparked debate among experts about the true significance of this newly uncovered trove. According to UN sources, the world population surpassed eight billion people in 2022. Now, Cybernews reporters claim they have uncovered a new record-breaking data breach exposing 16 billion passwords link

Topics: archive billion cybernews data passwords

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David Zaslav Is Getting a Pay Cut

gizmodo.com Lucas Ropek 2026-03-07 06:15:27

David Zaslav, the unfortunate CEO of the company formerly known as Warner Bros. Discovery (the company, which was once two separate companies but became one, is splitting up again), has often been accused of being bad at his job and, now, it would appear that the people who pay his salary may agree. A new report from Deadline finds that Zaslav is scheduled to receive a sizable pay cut this year. Citing a recent SEC filing, Deadline notes that a new business agreement will “significantly reduce

Topics: annual company million year zaslav

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Every fusion startup that has raised over $100M

techcrunch.com Tim De Chant 2026-03-07 12:39:01

Over the last several years, fusion power has gone from the butt of jokes — always a decade away! — to an increasingly tangible and tantalizing technology that has drawn investors off the sidelines. The technology may be challenging to master and expensive to build today, but fusion promises to harness the nuclear reaction that powers the sun to generate nearly limitless energy here on Earth. If startups are able to complete commercially viable fusion power plants, then they have the potential

Topics: company energy fusion million plasma

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Elon Musk responds to report that xAI is burning through $1 billion a month

techspot.com Rob Thubron 2026-03-07 17:29:00

In brief: Elon Musk's artificial intelligence startup, xAI, is burning through cash at an astounding rate. According to a new report, the company expects to spend at least $13 billion throughout all of 2025, equivalent to just over $1 billion every month. Musk, of course, has called the report "nonsense." Citing the usual anonymous people familiar with the matter, Bloomberg writes that the $500 million that xAI will earn this year looks positively tiny next to the $13 billion it plans to spend.

Topics: 2025 billion capital musk xai

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Texas Instruments unveils $60 billion 'historic' plan to expand US chipmaking

techspot.com Skye Jacobs 2026-03-07 22:47:00

Forward-looking: Texas Instruments has unveiled plans to invest more than $60 billion to expand its semiconductor manufacturing operations in the United States, marking what the company describes as the largest single investment in foundational chip production in US history. The initiative will include the construction and expansion of seven semiconductor fabrication plants across Texas and Utah, a move expected to create approximately 60,000 jobs. The investment comes amid ongoing efforts by t

Topics: billion chips instruments production texas

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Google looks likely to lose appeal against record $4.7 billion EU fine

cnbc.com Ryan Browne 2026-03-08 13:57:19

Google suffered a setback Thursday after an advisor to the European Union's top court recommended it dismiss the tech giant's appeal against a record 4.1-billion-euro ($4.7 billion) antitrust fine. Juliane Kokott, advocate general at the European Court of Justice, advised the court to throw out Google's appeal and confirm the fine, which was reduced in 2022 to 4.125 billion euros from 4.34 billion euros previously by the EU's General Court. "In her Opinion delivered today, Advocate General Kok

Topics: appeal billion court general google

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Nvidia’s AI empire: A look at its top startup investments

techcrunch.com Marina Temkin 2026-03-08 11:12:00

No company has capitalized on the AI revolution more dramatically than Nvidia. Its revenue, profitability, and cash reserves have skyrocketed since the introduction of ChatGPT over two years ago — and the many competitive generative AI services that have launched since. And its stock price soared. During that period, the world’s leading high-performance GPU maker has used its ballooning fortunes to significantly increase investments in all sorts of startups but particularly in AI startups. The

Topics: ai billion million nvidia round

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Announcing our 2025 VB Transform Innovation Showcase finalists

venturebeat.com Aliyah Mohammed 2026-03-08 13:46:15

Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more This year’s VB Innovation Showcase finalists will be at VB Transform, June 24-25, in San Francisco. They will take to the stage as we delve into what’s actually working in enterprise AI, from copilots to agents. Seven companies have been selected to showcase their generative AI products or features that are most likely to disrupt the ente

Topics: ai based funding million ventures

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Here are the 24 US AI startups that have raised $100M or more in 2025

techcrunch.com Rebecca Szkutak 2026-03-08 23:31:46

Last year was monumental for the AI industry in the U.S. and beyond. There were 49 startups that raised funding rounds worth $100 million or more in 2024, per our count at TechCrunch; three companies raised more than one “mega-round,” and seven companies raised rounds that were $1 billion in size or larger. How will 2025 compare? It’s still the first half of the year, but so far it looks like 2024’s momentum will continue this year. There have already been multiple billion-dollar rounds this y

Topics: ai led million round series

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Elon Musk’s xAI Is Reportedly Burning Through $1 Billion a Month

gizmodo.com Lucas Ropek 2026-03-09 11:10:36

Elon Musk has promised that his AI business, xAI, will help to revolutionize society. Before it can do that, however, the company is going to need to become fiscally viable—a goal it hasn’t quite met yet. Indeed, at the current moment, the company seems to be burning through cash at a rate that, in any other industry, would be entirely unsustainable. A new report from Bloomberg claims that the AI company expects to spend at least $13 billion this year, which amounts to a little over a billion d

Topics: ai billion company musk xai

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Check your bank account — you may have some surprise money from the 2021 T-Mobile data breach

androidauthority.com Unknown 2026-03-10 03:03:25

Joe Maring / Android Authority TL;DR Kroll is distributing payments as part of a $350M settlement for T-Mobile’s 2021 data breach, which affected over 76 million US users. Most users are getting either $56.54 or $226.19, but we’ve spotted reports for receipts going up to $375. Those eligible for over $600 are allegedly being asked to fill out a W-9. Only those who filed valid claims in 2022/2023 will receive their share of the settlement. If you’re a T-Mobile customer and you just received m

Topics: breach million mobile settlement users

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Thieves steal almost 3,000 Switch 2 consoles worth $1.4 million from truck headed to Texas GameStop

techspot.com Rob Thubron 2026-03-10 07:47:00

What just happened? Thieves have made off with almost 3,000 Switch 2 consoles after stealing them from a truck that was heading to a GameStop store in Texas. It's estimated that the value of the stolen goods was somewhere around $1.4 million, and the incident will doubtlessly affect stock levels at the store until replacements arrive. Authorities say that the 2,810 Nintendo Switch 2 consoles were stolen from the back of a semi-truck as it made its way from Nintendo of America's Redmond headquar

Topics: consoles launch million switch truck

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There's Explosive Drama Between OpenAI and Microsoft

futurism.com Unknown 2026-03-11 11:24:09

The partnership that ushered in our age of AI is showing some major cracks. As the Wall Street Journal reports, OpenAI wants its longtime patron Microsoft to loosen its control on its AI products, while also seeking Microsoft's approval to let it become a for-profit company, which OpenAI has been planning for a while now. But the negotiations have turned ugly. And OpenAI is so frustrated with its benefactor that behind the scenes, executives are considering the "nuclear option": going to court

Topics: access ai billion microsoft openai

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Canva expands from design into analytics with acquisition of MagicBrief

cnbc.com Jordan Novet 2026-03-11 16:00:02

From left, Cliff Obrecht, Canva's co-founder and chief operating officer, and George Howes, co-founder and CEO of MagicBrief, pose for a photo at the Cannes Lions festival in Cannes, France, in June 2025. Canva has grown into a $32 billion startup through its popular design tools used for easily creating images, marketing material and presentations. Now the company, with its 12th acquisition, is buying its way into the analytics market. Canva said on Tuesday that it's buying MagicBrief, whose

Topics: billion canva magicbrief obrecht said

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Fintech Ramp's valuation hits $16 billion in deal led by Peter Thiel's Founders Fund

cnbc.com Eric Rosenbaum 2026-03-11 19:16:27

Ramp, which offers a financial operations platforms to corporate clients, has raised its valuation to $16 billion in a new fundraising led by long-time investor Founders Fund, Peter Thiel's venture firm. The $200 million round is the fifth that Founders' has led for Ramp and raised its valuation by $3 billion. It last raised money at a $13 billion valuation in March. Founded in 2019, Ramp offers services that cover corporate cards, procurement, bookkeeping, travel booking, and vendor managemen

Topics: billion founders raised ramp valuation

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In just 3 months, Ramp’s valuation jumped to $16B, up from $13B

techcrunch.com Julie Bort 2026-03-11 18:10:57

In Brief Spend management startup Ramp announced on Tuesday that it raised a $200 million Series E led by its largest investor, Founders Fund, at a post-money valuation of $16 billion. This is a jaw-dropping $3 billion increase over the $13 billion valuation Ramp announced just a few months ago in March, after a $150 million secondary share sale. Its current valuation is also more than double the $7.65 billion post-money valuation Ramp hit a little over a year ago when it raised $150 million.

Topics: billion capital million ramp valuation

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In just 3 months, Ramp’s valuation jumped to $16B from $13B

techcrunch.com Julie Bort 2026-03-11 23:10:57

In Brief Spend management startup Ramp announced on Tuesday that it raised a $200 million Series E led by its largest investor, Founders Fund, at a post money $16 billion valuation. This is a jaw-dropping $3 billion increase over the $13 billion valuation Ramp announced just a few months ago in March from a $150 million secondary share sale. It’s current valuation is also more than double the $7.65 billion Ramp hit a little over a year ago when it raised $150 million at a $7.65 billion post mo

Topics: billion capital million ramp revenue

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Elon Musk’s xAI is reportedly seeking a $4.3B equity raise

techcrunch.com Amanda Silberling 2026-03-12 07:26:47

In Brief Elon Musk’s startup xAI is trying to raise a $4.3 billion equity investment, according to a report from Bloomberg. This equity funding would be in addition to the $5 billion that Musk is allegedly trying to raise in debt funding for the combined entity of X and xAI. The company appears to be raising money again after landing a $6 billion cash infusion in December, because it has already spent much of its money. xAI makes Grok, the AI chatbot that’s embedded inside the social network

Topics: billion equity funding money xai

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UK fines 23andMe for ‘profoundly damaging’ breach exposing genetics data

bleepingcomputer.com Unknown 2026-03-12 12:59:09

The UK Information Commissioner's Office (ICO) has fined genetic testing provider 23andMe £2.31 million ($3.12 million) over 'serious security failings' that led to a 'profoundly damaging' data breach in 2023. The data protection watchdog said today that 23andMe failed to protect the sensitive data of UK residents who had their genotype data, health reports, and personal information stolen in credential stuffing attacks using stolen login credentials that went unnoticed for five months between

Topics: 2023 23andme breach data million

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Latest Tech News

Amazon to invest £40 billion in the UK over next three years

Trump Snubbed Jared Isaacman as NASA Chief, but the Private Astronaut Isn’t Done With Space

Trump Media Has a Bold Plan to Regain Confidence

Four months after a $3B valuation, Harvey AI grows to $5B

‘Elio’ Gave Pixar Its Worst Box Office Opening Ever

Pompliano’s ProCap raises over $750 million, goes public via SPAC as bitcoin treasury bubble grows

SMB-focused Finom closes €115M as European fintech heats up

Telegram CEO Says He’ll Leave His Fortune to His 106+ Children

Cluely, a startup that helps ‘cheat on everything,’ raises $15M from a16z

TechCrunch Mobility: Applied Intuition’s eye-popping valuation, the new age of micromobility, and Waymo’s wild week

Startups Weekly: Fast and furious

Are 16 billion compromised passwords really part of a newly discovered data breach?

David Zaslav Is Getting a Pay Cut

Every fusion startup that has raised over $100M

Elon Musk responds to report that xAI is burning through $1 billion a month

Texas Instruments unveils $60 billion 'historic' plan to expand US chipmaking

Google looks likely to lose appeal against record $4.7 billion EU fine

Nvidia’s AI empire: A look at its top startup investments

Announcing our 2025 VB Transform Innovation Showcase finalists

Here are the 24 US AI startups that have raised $100M or more in 2025

Elon Musk’s xAI Is Reportedly Burning Through $1 Billion a Month

Check your bank account — you may have some surprise money from the 2021 T-Mobile data breach

Thieves steal almost 3,000 Switch 2 consoles worth $1.4 million from truck headed to Texas GameStop

There's Explosive Drama Between OpenAI and Microsoft

Canva expands from design into analytics with acquisition of MagicBrief

Fintech Ramp's valuation hits $16 billion in deal led by Peter Thiel's Founders Fund

In just 3 months, Ramp’s valuation jumped to $16B, up from $13B

In just 3 months, Ramp’s valuation jumped to $16B from $13B

Elon Musk’s xAI is reportedly seeking a $4.3B equity raise

UK fines 23andMe for ‘profoundly damaging’ breach exposing genetics data

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