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Milan’s Domyn raises over $1bn Europe’s largest AI round, mostly in debt

Domyn has raised more than $1bn, which makes it one of the largest financings a European AI company has ever announced, yet only about a tenth of it is equity. The Milan company took roughly $1.1bn in total, split about 10% equity and 90% debt, according to Sifted. That structure is the story, because it is […] This story continues at The Next Web https://ift.tt/YQzU81R Read full article: The Next Web
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Deutsche Telekom buys Macquarie’s Polish fibre and TV assets in a €1bn bet on convergence

Deutsche Telekom has agreed to buy two of Poland’s best-known fibre businesses, Fiberhost and INEA, from the Australian investment group Macquarie, in a deal worth roughly €1bn and aimed squarely at the country’s scramble to bundle mobile, broadband, and television into a single monthly bill. The German operator confirmed on Monday that its local arm, […] This story continues at The Next Web https://ift.tt/GrYh7lq Read full article: The Next Web
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LG’s humanoid robot arrives in 2027, running Nvidia’s Isaac GR00T

LG will unveil a bipedal humanoid robot in the first quarter of 2027, built on Nvidia’s Jetson Thor processor, Isaac GR00T foundation model and Halos safety system. The two signed the agreement at Nvidia’s Santa Clara headquarters on 13 August. LG will show a bipedal humanoid robot in the first quarter of next year. The […] This story continues at The Next Web https://ift.tt/cu6o50i Read full article: The Next Web
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Joshua Kushner’s Thrive Capital Discloses $215 Million Amazon Stake

Joshua Kushner’s Thrive Capital has bought roughly $215mn of Amazon shares, disclosed in a regulatory filing on Friday. It lands in the same week the firm told investors it is selling part of its OpenAI stake, in a company Amazon now owns close to 5% of. Joshua Kushner’s Thrive Capital has bought roughly $215mn of […] This story continues at The Next Web https://ift.tt/ts4qzaw Read full article: The Next Web
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Uber is working on letting 10-year-olds ride alone

Code in the latest Uber iOS app refers to adding a tween aged 10 to 12 to an Uber Family profile, with a trusted adult contact and the option to require a grown-up at pickup. Uber says it is not a live product and that its only teen offering remains 13 to 17. Uber is […] This story continues at The Next Web https://ift.tt/dBbaFYD Read full article: The Next Web
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SEC settles fraud case against Adit Ventures over fake SpaceX and Klarna pre-IPO shares

The US Securities and Exchange Commission has settled fraud charges against private-fund adviser Adit Ventures Management LLC, its CEO Eric Munson, and three affiliated general partners, in a case that reads like a cautionary tale about the frenzy for pre-IPO shares in marquee names. The regulator alleges that between April 2019 and December 2024 the […] This story continues at The Next Web https://ift.tt/eqK07ag Read full article: The Next Web
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