Meta commits another $21 billion to CoreWeave, bringing total AI cloud spend to $35 billion
Meta commits another $21 billion to CoreWeave, bringing total AI cloud spend to $35 billion

In short: Meta has committed an additional $21 billion to CoreWeave for dedicated AI cloud capacity running from 2027 through December 2032, bringing the total value of the two companies’ infrastructure relationship to approximately $35 billion. The ne…

Canva acquires Simtheory and Ortto in a twin deal aimed at turning a design tool into an end-to-end work platform
Canva acquires Simtheory and Ortto in a twin deal aimed at turning a design tool into an end-to-end work platform

Both companies were built by brothers Chris and Mike Sharkey, who previously co-founded Australian holiday rental site Stayz. Financial terms were not disclosed. Canva will preview what it calls the biggest transformation in its history at Canva Create…

TikTok is spending €1B on a second Finnish data centre
TikTok is spending €1B on a second Finnish data centre

The new facility in Lahti is part of TikTok’s €12 billion Project Clover data sovereignty push for European users. Finland’s defence ministry approved the first data centre investment in 2024 without informing elected politicians. A former minister pub…

Eclipse raises $1.3B across two funds to back the next era of physical industries
Eclipse raises $1.3B across two funds to back the next era of physical industries

Fund VI ($720M) targets early-stage companies in robotics, manufacturing, and energy. Early Growth Fund III ($591M) supports companies scaling toward Series A. Total AUM is now approximately $10 billion. Eclipse, the Palo Alto-based venture firm that b…

Narwhal Labs raises €22.9M and launches DeepBlue OS, an autonomous AI communication platform for regulated industries
Narwhal Labs raises €22.9M and launches DeepBlue OS, an autonomous AI communication platform for regulated industries

The Bristol-based company, parent of Narwhal AI, is building an operating system for autonomous customer conversations across voice, SMS, email, and WhatsApp. CEO Luke Sartain has previously led the Narwhal Media Group. Narwhal Labs, a Bristol-based AI…

AirHub raises €4.4M from Keen Venture Partners to scale drone operations software
AirHub raises €4.4M from Keen Venture Partners to scale drone operations software

The Dutch company, founded in 2016, has grown from a €1M seed in 2024 to a €4.4M follow-on as government and security operators accelerate drone fleet deployments across Europe and the Middle East. AirHub, a Dutch drone operations software company, has…

Joby and Air Space Intelligence team up to manage US electric air taxi skies
Joby and Air Space Intelligence team up to manage US electric air taxi skies

In short: Joby Aviation and Air Space Intelligence have announced a partnership to integrate AI-driven airspace management into U.S. electric air taxi operations, using ASI’s Flyways AI platform to model high-density eVTOL traffic before commercial fli…

EIB lends PLD Space €30M to finish building its MIURA 5 rocket
EIB lends PLD Space €30M to finish building its MIURA 5 rocket

The venture debt facility, backed by InvestEU and signed on 7 April, takes PLD Space’s total 2026 fundraising to €210 million following its €180 million Series C in March. MIURA 5 is on track for its inaugural test flight later this year from the Guian…

Anthropic in talks to invest $200m in private equity venture to push Claude deeper into enterprise
Anthropic in talks to invest $200m in private equity venture to push Claude deeper into enterprise

In short: Anthropic is in negotiations to anchor a new joint venture with Blackstone, Hellman & Friedman, and Permira that would embed Claude across private equity portfolio companies, investing roughly $200m of its own capital into a vehicle that …

Bill Ackman proposes buying Universal Music Group for €56B
Bill Ackman proposes buying Universal Music Group for €56B

Pershing Square’s non-binding proposal values UMG at €30.40 per share, a 78% premium to its last closing price. Ackman argues the world’s largest music label has been undervalued by structural factors, including the Bolloré Group’s 18% stake and the po…