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Emerging Tech

Autonomous ship startup Kraken raises $175M at $1B valuation

By Maria Deutscher Jul 9, 2026

Kraken Technology Group Ltd., a British defense startup that makes autonomous ships, has raised $175 million in funding. Private equity firm DTCP led the Series B deal. It was joined by the U.K. government’s…

AI

OpenAI debuts ChatGPT Work, an agentic tool for automating business workflows

By Mike Wheatley Jul 9, 2026

OpenAI Group PBC today launched a new “agentic” tool called ChatGPT Work as it announced the global rollout of its most advanced model family so far in GPT-5.6. ChatGPT Work is a new mode…

AI

Mercor buys Deeptune to build training environments for AI agents

By Duncan Riley Jul 9, 2026

Artificial intelligence training data company Mercor.io Corp. announced today that it has acquired Deeptune Inc., a startup that builds simulated software environments used to train AI agents. Financial terms were not disclosed. The deal…

AI

Meta launches flagship Muse Spark 1.1 model with multi-agent upgrades

By Maria Deutscher Jul 9, 2026

Meta Platforms Inc. today launched a new flagship large language model optimized to power multi-agent automation workflows. Muse Spark 1.1 is available in the company’s Meta AI chatbot service and via an application programming…

AI

Token per watt becomes the defining metric as storage moves to AI’s critical path

By Kelly Knight Jul 9, 2026

Token per watt — not raw compute — is emerging as the defining efficiency metric for AI data centers, putting storage at the center of an infrastructure rethink that is reshaping how the industry…

Security

QIZ Security raises $17M seed round for post-quantum readiness platform

By Duncan Riley Jul 9, 2026

Cybersecurity startup QIZ Security Ltd. today announced it has raised $17 million in seed funding to expand a platform that discovers and governs the encryption buried across enterprise systems ahead of the migration to…

Big Data

Market data platform startup Databento closes $97M round after drawing $300M in investor demand

By Duncan Riley Jul 9, 2026

Market data platform startup Databento Inc. today revealed that it has raised $97 million in new funding to broaden its data coverage across asset classes and expand internationally. Investor demand ran past $300 million,…

AI

AI agent startup Lyzr reportedly raising $100M at $500M valuation

By Maria Deutscher Jul 9, 2026

Lyzr Inc., a startup that helps enterprises build artificial intelligence agents, is reportedly raising a funding round worth about $100 million. Bloomberg today cited sources as saying that the deal has drawn $400 million…

AI

Fast token generation emerges as the key differentiator as heterogeneous inference takes hold

By Kelly Knight Jul 9, 2026

The race for fast token generation has moved from benchmark sheets into production data centers, and the hardware blueprint for winning it is no longer a GPU-only story. As agentic AI use cases multiply…

AI

DDN targets GPU efficiency with AI data infrastructure as the make-or-break layer

By Thomas Godwin Jul 9, 2026

The race to build AI factories is well underway, and the winning organizations have learned that AI data infrastructure determines whether or not GPU investments pay off, while others are still scrambling to assemble…

all stories

Autonomous ship startup Kraken raises $175M at $1B valuation

OpenAI debuts ChatGPT Work, an agentic tool for automating business workflows

Mercor buys Deeptune to build training environments for AI agents

Meta launches flagship Muse Spark 1.1 model with multi-agent upgrades

Token per watt becomes the defining metric as storage moves to AI’s critical path

QIZ Security raises $17M seed round for post-quantum readiness platform

Market data platform startup Databento closes $97M round after drawing $300M in investor demand

AI agent startup Lyzr reportedly raising $100M at $500M valuation

Fast token generation emerges as the key differentiator as heterogeneous inference takes hold

DDN targets GPU efficiency with AI data infrastructure as the make-or-break layer

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