Month: May 2026

Musk’s xAI is running nearly 50 gas turbines unchecked at its Mississippi data center Gas turbines at xAI’s Colossus 2 data center have drawn a lawsuit over the company’s use of “mobile” gas turbines as power plants. Powered by WPeMatico https://techcrunch.com/2026/05/13/musks-xai-is-running-nearly-50-gas-turbines-unchecked-at-its-mississippi-data-center/

Anthropic’s Cat Wu says that, in the future, AI will anticipate your needs before you know what they are The head of product for Claude Code and Cowork says that the next big step for AI is proactivity. Powered by WPeMatico https://techcrunch.com/2026/05/13/anthropics-cat-wu-says-that-in-the-future-ai-will-anticipate-your-needs-before-you-know-what-they-are/

This is what some of the world’s largest banks of malware look like stacked as hard drives What would some of the world’s largest repositories of malware look like if they were stacked as hard drives, one on top of the other? Powered by WPeMatico https://techcrunch.com/2026/05/13/this-is-what-some-of-the-worlds-largest-banks-of-malware-look-like-stacked-as-hard-drives/

Geothermal startup Fervo Energy pops 33% in IPO debut fueled by AI data center demand Fervo Energy’s IPO was upsized several times after potential investors asked why the enhanced geothermal startup wasn’t raising more money. Powered by WPeMatico https://techcrunch.com/2026/05/13/geothermal-startup-fervo-energy-pops-33-in-ipo-debut-fueled-by-ai-data-center-demand/

N8n’s valuation doubles to $5.2BN following SAP strategic investment N8n, the Berlin-based startup which helps businesses automate tasks, has more than doubled its valuation to $5.2bn in less than a year following a strategic investment from German software giant SAP, it said today. SAP’s investment in n8n comes courtesy of

Paymentology targets new growth areas with $175M investment Paymentology, the global issuer-processing platform for banks and fintechs, has secured a $175 million investment co-led by Apis Partners and Aspirity Partners. Founded to help financial institutions modernise payment issuing systems, Paymentology provides real-time card and payment processing technology for fintechs, digital

“Very difficult” for US competitors in Europe, says boss of healthtech Tandem Health The CEO of Sweden-based healthtech startup Tandem Health said it is “very difficult” for US competitors to compete against Tandem Health in Europe, amid a push from European healthcare providers to work with European businesses. Speaking on

Ventory closes €2.65M funding round led by KBC Securities Ventory, the inventory management platform connecting enterprise ERP systems with field operations, has raised €2.65 million in a funding round led by KBC Securities, with participation from existing investors Finindus, Matterwave and delaware. Founded by Vishal Punamiya, Ventory develops software designed

Holmes launches with €1.1M pre-seed for autonomous software testing Ghent-based Holmes, a technology company focused on reinventing software quality assurance for the AI era, has launched with €1.1 million in pre-seed funding. The round was led by Syndicate One, with participation from Aikido founders Roeland Delrue and Willem Delbare, Showpad

DeepMind spinout Isomorphic Labs raises $2.1bn Powered by WPeMatico https://sifted.eu/articles/isomorphic-labs-2-1bn