In a major talent grab, Elon Musk’s xAI has poached a key AWS infrastructure leader. Saurabh Kumar spent nearly a decade shaping Amazon’s cloud networking and will now build “gigafactories” for AI at the Grok chatbot maker.
Australian fintech Airwallex is making a major European push with a €200 million investment in its Netherlands operations. The move sets up a direct clash with established players like Adyen and Mollie as the company shifts its growth focus.
Sicily is building a surprising reputation for innovation, anchored by tech hubs in Catania and Palermo. A new list highlights 10 promising startups, founded from 2020 to 2023, that are tackling everything from domestic work to precision medicine. They’re proving there’s more to the island than just
An AI robotics startup is bringing two unusual companion robots to the US market. The W1, inspired by WALL-E, costs $5,599, while the tiny M1 humanoid starts at $2,899. Both are set for preorder in Q1 of this year.
Tesla’s yearly vehicle deliveries dropped to about 1.64 million in 2025, an 8.6% decline. Chinese automaker BYD sold roughly 2.26 million fully electric vehicles, officially becoming the new global EV sales leader.
A startup called Mercor has become a $10 billion intermediary, paying former finance and law pros up to $200 an hour to train AI. The goal? To build the very agents that could automate their old jobs. It’s a strange, lucrative loop in the AI economy.
Starbucks CEO Brian Niccol found a surprising signal that his turnaround plan is working: a Reddit thread. He says comments from employees about valuing customer service show the culture is shifting back.
An upstart stock exchange in South Korea has captured nearly a third of the country’s trading volume in just eight months. Its success with aggressive retail traders has regulators worried and the main exchange scrambling to compete.
According to a Wall Street Journal report, climate tech investing is in a deep freeze. Fundraising has plummeted from a 2022 peak, and VCs are now eyeing defense tech and energy instead. Startups are being forced to get scrappy and adapt to survive.
Venture investment in climate tech stayed flat in 2025, defying expectations of a slump. A survey of 12 investors points to data center energy resilience, a nuclear funding boom, and geothermal’s rise as key themes for the coming year.
