Hutch founders raise £4m to make AI-generated video playable

By Zack Hill

Funding

Fractile raises $720m at $7bn valuation as Britain’s state AI fund backs its chip bet

By Zack Hill

Trending

Nvidia’s Jensen Huang resigns as affairs and spy inquiry force him out

Colette Kress, the chipmaker’s finance chief since 2013, becomes interim chief executive while the Justice Department pursues investigations tied to a Singaporean businesswoman Huang has admitted having an…

By Zack Hill · 3 min read

Anthropic seeks $1.33 trillion valuation as it launches IPO roadshow

The Claude maker set a price range of $70 to $78 a share on Tuesday, well below the $2 trillion figure discussed earlier this year, after last week’s…

By Zack Hill

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Opinion I listened to Steven Bartlett’s DOAC roundtable: Does the UK really need a new attitude toward entrepreneurs? By LionHerald

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Biotech

Neobe raises $6.8m to engineer bacteria that dissolve the walls around solid tumours

The Stevenage-based company says the funding will carry its lead programme, NEO22, through preclinical work to a regulatory filing in 2028, with a first-in-human trial to be financed…

By Zack Hill

Biotech

Gates Foundation renews £2m grant for Scottish humanised-mouse firm PhaSER Biomedical

The two-year award keeps the Edinburgh company’s 8HUM model available to Gates-funded researchers working on tuberculosis, malaria and other diseases of poverty. PhaSER Biomedical, an Edinburgh drug development…

By Zack Hill

UK sovereign fund co-leads backing for Cambridge start-up rebuilding quantum chemistry for drug discovery

Potential Sciences, a year-old company led by Hatem Helal, says its software runs chemistry’s most trusted calculation at a hundredth of the usual cost and will use national…

By Zack Hill

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Hutch founders raise £4m to make AI-generated video playable

Fractile raises $720m at $7bn valuation as Britain’s state AI fund backs its chip bet

Nvidia’s Jensen Huang resigns as affairs and spy inquiry force him out

Anthropic seeks $1.33 trillion valuation as it launches IPO roadshow

Most read

Hutch founders raise £4m to make AI-generated video playable

Nvidia board opens inquiry into Jensen Huang after he admits affair with suspected Chinese agent