Author: Arabian Media staff
President Donald Trump’s social media company, Trump Media and Technology Group (TMTG), said on Thursday that it’s merging with TAE Technologies, a Southern California-based company that has been chasing the dream of fusion power for nearly 30 years. The all-stock transaction, valued at more than $6 billion, would expand Trump Media’s presence into the nascent fusion power space while data centers clamor for more electricity amid the ongoing AI boom. TMTG is the parent company of Truth Social, the microblogging platform that the president spun up after he was banned from platforms like YouTube, Twitter, and Facebook in the wake of…
Most needed: human skills Source link
Swedish vibe coding startup Lovable has more than tripled its valuation in just five months. Stockholm-based Lovable on Thursday said it had raised $330 million in a Series B funding round that was led by CapitalG and Menlo Ventures, at a $6.6 billion valuation. Khosla Ventures, Salesforce Ventures and Databricks Ventures also participated, as did other investors. This raise comes mere months after Lovable raised a $200 million Series A round that valued the company at $1.8 billion in July. One of the quickest to capitalize on the AI boom, Lovable has built a “vibe-coding” tool that lets people use…
The worst way to select people, except for all the others Source link
Complaints about quality are a growing worry for brands from Chanel to Prada Source link
Governments are tempting a shift back to petrol Source link
Jiten Behl, partner at Eclipse Ventures and former chief growth officer at Rivian, thinks we’re entering an era of major re-industrialization in the US — one where factories run on AI-powered robots, not cheap overseas labor. Behl, who helped scale Rivian from a conference room idea in 2015 to a publicly traded EV maker, is now investing in the next wave of industrial and mobility startups, including two Rivian spinouts: Also and Mind Robotics. It’s part of Eclipse’s larger bet that the physical world is finally ready for the kind of disruption software saw a decade ago. Today on TechCrunch’s Equity podcast, Kirsten Korosec sat down with Behl to talk about…
Another day, another nine-figure round for a nuclear startup. Radiant Nuclear said today that it has raised more than $300 million, just one day after Last Energy said it had raised $100 million. Three weeks ago, X-energy raised $700 million, and in August, Aalo Atomics raised $100 million. Heck, Radiant itself raised $165 million just six months ago. Given the string of investments, it seems reasonable to ask whether the nuclear world is in a bubble. Investment in the technology has tracked closely with the data center boom. AI requires tremendous amounts of electricity, and tech companies and data center…
Coursera and Udemy announced on Wednesday a landmark merger agreement valued at approximately $2.5 billion, bringing together two of the biggest names in online learning. Coursera will acquire Udemy in an all-stock transaction, marking a pivotal moment in online education. The companies said the merger will be finalized in the second half of next year, pending regulatory review and shareholder approval. This agreement comes at a challenging time for both Udemy and Coursera, as each faces market headwinds. Despite both companies posting revenue growth in the third quarter of 2025, their share prices declined, underscoring investors’ lack of confidence in…
MoEngage, a customer engagement platform used by consumer brands across 75 countries, has raised $180 million in a Series F follow-on round just over a month after securing $100 million, with a majority of the latest funding providing liquidity to investors and employees through secondary transactions. In the latest raise, about $123 million was secondary, including a $15 million employee tender that provided liquidity to 259 current and former employees, while the remaining $57 million was raised as primary capital and went into the business. The round was led by ChrysCapital and Dragon Funds, with participation from Schroders Capital and…