Month: May 2025

OpenAI’s planned data center in Abu Dhabi would be bigger than Monaco

OpenAI’s planned data center in Abu Dhabi would be bigger than Monaco OpenAI is poised to help develop a staggering 5-gigawatt data center campus in Abu Dhabi, positioning the company as a primary anchor tenant in what could become one of the world’s largest AI infrastructure projects, according to a

Salesforce acquires UK AI startup Convergence one year after launch

Salesforce acquires UK AI startup Convergence one year after launch US SaaS giant Salesforce has snapped up London-based AI agent startup Convergence, which was only founded a year ago. Convergence was founded by Marvin Purtorab and Andy Toulis, who both worked at Shopify and AI enterprise firm Cohere. AI agents

UK-based Origin raises $21M Series A to tackle fragmented employee benefits

UK-based Origin raises $21M Series A to tackle fragmented employee benefits British startup Origin has launched out of stealth with $21 million in Series A funding. The round was led by Felix Capital, with participation from Acadian Ventures, Notion Capital, and a angel investors from across the HR, tech, and

Cyprus-based Studio 42 raises $3.6M to launch its first hybrid game

Cyprus-based Studio 42 raises $3.6M to launch its first hybrid game Mobile games startup Studio 42 has raised $3.6 million in Seed funding to accelerate the development of its debut title and test new puzzle game concepts. The round was led by gaming specialist VC Play Ventures, with participation from

UK proptech Martello raises £1.2M to modernise environmental risk reporting

UK proptech Martello raises £1.2M to modernise environmental risk reporting UK-based proptech Martello has raised £1.2 million in Seed funding to accelerate the rollout of its AI-powered platform. Martello aims to overhaul how environmental and property risks are assessed during the conveyancing process. The round was led by Fuel Ventures,

Optics11 raises €17M to enhance power infrastructure resilience in Europe

Optics11 raises €17M to enhance power infrastructure resilience in Europe Dutch fibre optic sensing startup Optics11 has raised €17 million funding. Europe’s growing reliance on its power infrastructure for vital needs requires unprecedented resilience against increasingly sophisticated threats. Like a higher risk of underwater sabotage, to a rapidly ageing base