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Pasqal's $2 billion Nasdaq wager faces a French veto.

Pasqal's $2 billion Nasdaq wager faces a French veto.

Pasqal is set to go public on Nasdaq through a SPAC, achieving a valuation of $2 billion, which is approximately 100 times its revenue. Its regulatory filings caution that quantum technology may never generate returns, and France has the authority to approve potential buyers. Pasqal's $2 billion Nasdaq wager is subject to a French veto.

Pasqal's $2 billion Nasdaq wager is subject to a French veto.

Pasqal is set to go public on Nasdaq through a SPAC at a valuation of $2 billion, which equates to roughly 100 times its revenue. Its filings caution that quantum technology may not yield returns, and buyers can be vetted by France. Flex secures $70 million from Ryan Smith’s Halo fund to expand its AI private banking services worldwide.

Flex secures $70 million from Ryan Smith’s Halo fund to expand its AI private banking services worldwide.

Flex has secured $70 million in a Series B1 round, spearheaded by Ryan Smith’s Halo fund, and is introducing Flex Global, which includes stablecoin infrastructure and multi-currency accounts in over 100 countries. Flex secures $70 million from Ryan Smith’s Halo fund to expand its AI private banking services globally.

Flex secures $70 million from Ryan Smith’s Halo fund to expand its AI private banking services globally.

Flex has secured $70 million in a Series B1 funding round led by Ryan Smith's Halo fund, and is introducing Flex Global, which will offer stablecoin infrastructure and multi-currency accounts in over 100 countries. xAI is operating 59 unauthorized gas turbines, which is double the number it has acknowledged.

xAI is operating 59 unauthorized gas turbines, which is double the number it has acknowledged.

Emails from regulators indicate that xAI installed 59 gas turbines without permits for Colossus 2. Approximately 94% of residents within five miles of the location are Black. xAI is operating 59 unauthorized gas turbines, which is double the amount it has acknowledged.

xAI is operating 59 unauthorized gas turbines, which is double the amount it has acknowledged.

Emails from regulators indicate that xAI set up 59 unapproved gas turbines for Colossus 2. Approximately 94% of the Tennessee residents living within a five-mile radius of the site are Black. Moneybox achieves unicorn status on London's newly launched Pisces market.

Moneybox achieves unicorn status on London's newly launched Pisces market.

Moneybox has emerged as Europe's latest unicorn, valued at £800 million (US$1.1 billion), following a £45 million staff share sale on the LSE’s new Pisces market, rather than through a fundraising effort. Moneybox reaches unicorn status on London’s new Pisces market.

Moneybox reaches unicorn status on London’s new Pisces market.

Moneybox has become Europe's latest unicorn, valued at £800 million (US$1.1 billion), following a £45 million employee share sale on the new Pisces market of the LSE, rather than through a fundraising effort. LimX Dynamics achieves a valuation of $2.2 billion for its humanoid technology.

LimX Dynamics achieves a valuation of $2.2 billion for its humanoid technology.

China's LimX Dynamics secured $200 million at a valuation of $2.21 billion. The founder stated, “going public is essential” as over 100 Chinese humanoid companies compete to list. LimX Dynamics reaches a humanoid valuation of $2.2 billion.

LimX Dynamics reaches a humanoid valuation of $2.2 billion.

China's LimX Dynamics secured $200 million at a valuation of $2.21 billion. The founder stated, “going public is essential” as over 100 Chinese humanoid companies compete to list. ECB selects 36 payment companies for the digital euro trial.

ECB selects 36 payment companies for the digital euro trial.

Deutsche Bank, UniCredit, Revolut, Stripe, and Adyen are included among 36 companies selected for the ECB's digital euro pilot, a year-long trial scheduled to commence in late 2027. ECB selects 36 payment companies for the digital euro pilot program.

ECB selects 36 payment companies for the digital euro pilot program.

Deutsche Bank, UniCredit, Revolut, Stripe, and Adyen are part of 36 companies selected for the ECB’s digital euro pilot, a year-long trial set to commence in late 2027. New York halts the approval of new data centers for a year, becoming the first state in the U.S. to take such action.

New York halts the approval of new data centers for a year, becoming the first state in the U.S. to take such action.

New York has enacted a one-year freeze on data centers that consume 50MW or more, marking the first statewide halt on AI development in the United States. Richard Sutton departs from Carmack to establish his own artificial intelligence laboratory.

Richard Sutton departs from Carmack to establish his own artificial intelligence laboratory.

Richard Sutton, regarded as the pioneer of reinforcement learning, has departed from John Carmack’s Keen to develop an AI that can learn in real time using approximately 20 watts of power.

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