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Elroy Air, the $1bn IPO and the cargo drones that still need to prove they work at scale
The autonomous drone startup agreed to merge with a SPAC in a deal that values the company at $800 million pre-money. The real question is whether $165 million in committed capital is enough to reach profitable production
By Topic
Tech Giants
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Big Tech's AI stars are leaving for a payday only an IPO can offer
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One person just built a 34-agent autonomous workforce. Your company is three years behind
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Tesla's valuation is completely detached from how the company actually makes money
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OpenAI's valuation issue clears the way for Anthropic IPO
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Micron: AI memory squeeze mints record profits
AI News
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Sakana AI and 360 launch Mythos-like models as US export ban curtails Anthropic access
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NASA tests AI medic for deep-space crews
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Framework Ventures raises $400m for fourth fund
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Bloomberg just met its match in a $240 Claude setup
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Self-regulation era over as US government claims the power to approve AI before it ships
Fintech
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Human advisers still trump AI on final investment calls, HSBC finds
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Meta gives WhatsApp to a fintech founder and $900m to his company
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WhatsApp names CRED founder Kunal Shah as chief
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Zilch taps former Microsoft UK chief as boardroom signals point to European growth and IPO ambitions
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Anthropic's fight with Washington is becoming every Claude customer's problem
Crypto
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A crypto company is burning its own currency every time someone pays to use its AI network. Here is what that means.
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Bitcoin held its most important support level while the Nasdaq fell 4%. The divergence is the story.
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Bitcoin falls below $75,000 as miners pivot to AI and US crypto bills stall
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Bitcoin tests $75,000 support as ETF outflows and Iran uncertainty weigh on sentiment
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Bitcoin drops 7% to $76,000 as Trump's Iran threats remind crypto markets that geopolitics still trumps ETF inflows
Trending
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Sakana AI and 360 launch Mythos-like models as US export ban curtails Anthropic access
-
Big Tech's AI stars are leaving for a payday only an IPO can offer
-
NASA tests AI medic for deep-space crews
-
Elroy Air, the $1bn IPO and the cargo drones that still need to prove they work at scale
-
One person just built a 34-agent autonomous workforce. Your company is three years behind
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Google is crushing small publishers by offering them flat fees for unlimited content
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Tesla's valuation is completely detached from how the company actually makes money
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Jet2holidays is betting £1.5 million that travel agents need young talent...and apprentices need opportunities
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I-Pulse wins $250 million CHIPS grant to develop silicon‑carbide switches
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Elon Musk became a trillionaire (for a few days). Then reality arrived
Longer Reads
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