Eindhoven-based Photon Bridge has raised €10M, co-led by the Amadeus APEX Technology Fund and 360 Capital, to build laser light sources for the optical links inside AI data centres. It plans first samples in 2027 and volume production from 2028. Photon Bridge, an Eindhoven startup that makes laser light sources for AI data centres, has […]

Sydney-based Mary Technology has connected its litigation tool to Harvey, the $15.6B legal AI company. Lawyers drafting in Harvey can now draw on the facts, evidence and reviews their team has built up in Mary, including conflicting accounts. Workflow firm Autologyx also joined Harvey’s connector library. Mary Technology, a Sydney-based legal AI startup, has connected […]

A German court has told Google it cannot keep showing people’s homes from above without their permission. The Frankfurt Regional Court ruled on Tuesday that the aerial and satellite views on Google Earth and Google Maps break Germany’s strict privacy laws. It went further, and called the practice “spying”. A man in Frankfurt brought the […]

eBay will cut about 9% of its workforce, around 1,000 jobs, according to an internal memo from CEO Jamie Iannone first reported by Reuters. It follows 800 job cuts in February. eBay says it wants to focus on its fastest-growing areas. It reports results on 28 October. eBay will cut about 9% of its workforce, […]

The PHP Foundation has given an unusually frank account of the emergency behind this week’s patches. It said it had found one of the two critical flaws two years ago, in 2024. Then it spent months unable to agree on how to repair it. The admission came in a blog post from the Foundation on […]

Intel has started installing equipment at Fab 62, its new chip plant near Phoenix, which is due to open in early 2028. It has also put up the first major roof truss at its long-delayed Ohio site. The progress comes as demand for its data centre processors outpaces supply. Intel has started installing equipment at […]

Government, hospital and university websites across Europe went dark on Wednesday. Operators pulled them offline to guard against two critical flaws in PHP, the programming language that runs a large share of the web. They judged a few hours of downtime safer than staying exposed while a fix went out. The shutdowns followed a warning […]

Anthropic pointed its Claude models at 25 widely used open-source projects and set them a different task: not finding individual bugs, but finding code that attackers can reach when they should not be able to. Claude flagged 493 such issues. One of them had sat in the software for 21 years. The work is a […]

PHP shipped emergency security updates on Wednesday. They fix two critical flaws that let an unauthenticated attacker run code on almost any server running the language. The release capped a frantic two days that pulled websites offline across the internet before the fix was ready. The patched releases are PHP 8.5.12, 8.4.27, 8.3.36 and 8.2.35. […]

OpenAI is bringing ads in ChatGPT to 26 more countries, taking the total to 89. More than 100,000 advertisers have now run campaigns on the platform, the company said. It launched ChatGPT ads just over eight months ago. OpenAI announced the expansion in a blog post on Wednesday. The new markets include 14 more Latin […]

Swedish legal AI outfit Legora today said it has raised $550 million at an $8.8bn valuation, just six months after completing its last funding round.

The Series E funding round was led by Boston-based investment firm Atreides Management, a new invetstor, and brings on board a slew of other new investors.

It propels Legora’s valuation to $8.8bn from $5.6bn six months ago when it completed its $600m Series D funding round.

New investors coming on board in the round include Baron Capital, Capital Group, Fidelity, Glade Brook Capital Partners, and JP Morgan.

Existing investors taking part in the round include Accel, Benchmark, Bessemer Venture Partners, General Catalyst, Iconiq, Insight Venture Partners, Redpoint Ventures, Salesforce Ventures, and Sands Capital.

Legora said it built the round around investors with a long term view, bringing together long-term holders with strategic investors, and institutions that work with law firms and in-house legal teams every day.

Legora, along with Lovable, is one of the most hyped startups emanating from Sweden.

Its AI technology supports lawyers in researching, reviewing and drafting legal work. Legora is competing against US rival Harvey as they look to disrupt the legal market. 

Legora said that its tech was meeting the demand as legal teams move beyond AI assistants toward AI agents that carry out multi-step work.

It said that in-house legal teams, which represented only a small fraction of Legora's customer base a year ago, made up more than 40 per cent of new customers in the third quarter. 

It said the US was now Legora’s biggest market.

Legora said it will use the funds to expand in North America, where Legora has offices in New York, Denver, Chicago, Houston, San Francisco, Toronto and Mexico City, as well as in its markets across Europe and Asia-Pacific. 

It will also use the funds to further invest in its agentic operating system, it said.

Max Junestrand, CEO and co-founder of Legora, said: "The opportunity in legal is enormous and we are still early. AI is changing the role of the lawyer, with more time for judgment and advice, and it is reshaping how law firms and in-house legal teams are organized and how their work gets done. 

“We intend to lead that shift in the US and globally. We chose investors who share our long-term view and know what it takes to build a lasting company. They are the right partners for the years ahead.”

A new draft of Anthropic’s S-1, the prospectus for its IPO, puts its possible computing spend at $750bn over the coming years. That includes deals it is still negotiating. Anissa Gardizy reported the figures for The Wall Street Journal, which saw the draft. Echo Wang of Reuters also reviewed it and reported the loss and […]

OpenAI is bringing its frontier models and its Codex coding agent to Google Cloud, the two companies said on Wednesday. GPT-6 Astra, GPT-6.1 Sol and GPT-6 Luna are rolling out now in private preview in Google Cloud’s Model Garden, Google wrote. Select enterprise customers get them first. OpenAI plans general availability in the coming weeks, […]

Two OpenAI coding agents weakened the company’s misalignment monitoring while doing routine internal tasks, and one then told a user it had not done so. OpenAI disclosed the incidents in a misalignment report on its alignment blog on Tuesday. One agent ran on GPT-6.1 Sol and the other on GPT-6 Astra. In both cases, the […]

Mika Games, a gaming investment company founded by Wargaming co-founder Nick Katselapov, has raised $10 million in a funding round led by Flint Capital, with participation from several new and existing investors.

Early-stage mobile game studios often struggle to secure financing for user acquisition, as funding providers typically require an established marketing track record. This can include several months of campaign data, between $300,000 and $500,000 in previous marketing spending, and evidence of predictable returns.

Mika Games aims to address this gap by investing in studios before their user acquisition performance has been fully established. Its model combines equity investment to support product development and studio operations with separate capital for larger paid marketing campaigns. These campaigns help studios assess player retention, monetisation and marketing payback periods, potentially enabling them to secure additional financing for growth.

Nick Katselapov, founder of Mika Games, noted that rising user acquisition spending and fewer new titles reaching top download rankings are making it harder for new mobile games to gain visibility.

Early marketing capital can therefore influence which games players ever get to discover. Our aim is to give new titles enough runway to reach players,

said Katselapov.

Mika Games has expanded its portfolio from three to five game studios this year. Its existing investments include Guli Games, developer of the 3D farming adventure Legendale, which has reached more than 3 million players worldwide, and Agonalea Games, whose roguelike tower defence game Punko has surpassed 500,000 downloads.

The company has also invested in Bulberry Studio, developer of Wargard, a mobile strategy game combining deck building with direct troop control in player-versus-player battles, and LevelApp, which develops merge-2 games including Merge Dale and Sea Bloom.

The new funding will be used to support product development and larger-scale marketing campaigns, helping portfolio studios test their games' commercial performance and expand their user bases.

Swedish legal AI startup Legora has raised $550 million in a Series E funding round, bringing its valuation to $8.8 billion. US investment firm Atreides Management led the round, with several new and existing investors participating. Five new investors joined the round: Baron Capital, Capital Group, Fidelity Management & Research Company, Glade Brook Capital Partners, […]

Anthropic chief executive Dario Amodei has defended the company’s “race to the top” strategy in a long post on X. He was replying to Nathan Calvin, chief strategy officer at the advocacy group Encode AI. Amodei listed nine decisions he said cost Anthropic commercially but made AI safer. He also said the company could have […]

Orange, the largest telecoms operator in France, lost much of its mobile network on Wednesday. From about 11:20 CEST, customers nationwide could not make calls, send texts or use mobile data, and by early afternoon the company had not named a cause. An Orange spokesperson told Reuters that the fault was causing major problems for customers […]

Opply, a company developing an AI-powered operating platform for consumer packaged goods (CPG) brands, has raised $7.5 million in a funding round led by Chalfen Ventures, with participation from Index Ventures, Anthemis, Entrepreneurs First, In This Together and Ventures Together.

Founded by Helen Murphy and Martin Postel, Opply develops an agentic AI platform designed to automate operational processes for CPG brands, including sourcing, procurement, financing and supply chain management. By combining AI agents, proprietary data, an extensive supplier network and flexible financing options, the company aims to help businesses reduce costs, improve efficiency and scale their operations.

Unlike platforms that primarily provide analysis or connect buyers with suppliers, Opply's technology is designed to execute operational tasks directly. Its AI agents can manage inventory, coordinate production and oversee deliveries, reducing the need for manual intervention.

The company operates in the consumer packaged goods sector, where businesses face complex supply chains and resource-intensive operations.

Helen Murphy, co-founder and CEO of Opply, highlighted the challenges of fragmented and manual supply chains in the CPG industry. She added:

Our AI technology doesn't just tell brands what needs to be done. It does the work, managing everything from sourcing and procurement to payments and supply chains. This latest funding gives us the opportunity to bring that model to many more businesses, from ambitious emerging brands to major global players.

The new funding will support Opply's efforts to bring its AI-powered operating platform to more consumer packaged goods businesses, from emerging brands to larger international companies.