Tech

Aetherflux , the space solar power startup launched by Robinhood co-founder Baiju Bhatt, is in talks to raise $250 million to $350 million for a Series B round that would value the company at $2 billion. The fundraising was first reported by The Wall Street Journal, which said that Index Ventures is leading the deal.

The European Union’s top executive body has confirmed a cyberattack after hackers reportedly stole reams of data from its cloud storage. European Commission spokesperson Thomas Regnier told TechCrunch on Friday that the Commission “discovered a cyber-attack, which affected part of our cloud infrastructure.” “We have taken immediate steps and contained the attack.

Waymo is now providing 500,000 paid robotaxi rides every week across 10 U.S. cities, the company shared in a post on X this week.

SK hynix , a South Korean memory chip giant already listed on the KOSPI, is laying the groundwork for a potential U.S. listing that could reportedly raise an estimated $10 billion to $14 billion.

SoftBank has taken on a new $40 billion loan to help it cover its $30 billion commitment to invest in OpenAI as part of the AI model maker’s record-breaking $110 billion raise last month , the Japanese conglomerate said on Friday . Most striking is that the loan is unsecured and has a 12-month term, meaning it must be repaid or refinanced by next year.

Physical Intelligence, the two-year-old San Francisco robotics startup, is in discussions to raise about $1 billion in new funding at a valuation exceeding $11 billion, according to Bloomberg . The deal would effectively double the company’s $5.6 billion valuation in just four months.

For the better part of a decade, Whoop sold itself as a secret weapon for serious athletes. LeBron James was convinced to slap on the company’s fitness band in Whoop’s first year.

Investors have flocked to Y Combinator’s Demo Days for years to get their hands on promising startups building cool tech. After all, the accelerator has produced some of the biggest tech companies in the world, from Airbnb and Reddit to Dropbox, Zapier and Stripe.

From blasting music on a boombox to watching a photo develop in your hands, many people are rediscovering the imperfect charm of older gadgets that smartphones and laptops just can’t replicate. Tech companies are leaning all the way in, blending nostalgic design with modern functionality.