The four-year partnership will fund vaccine research for neglected diseases, AI tutoring in sub-Saharan Africa, and public benchmarks. It dwarfs OpenAI's $50M Gates Foundation deal.

CEO Nik Storonsky told staff that business banking is now "P0" and offered GBP1,000 per employee to bring in clients. Revolut Business was 16% of 2025 revenue but grew 53% YoY.

London-based Eighteen48 Partners has closed EUR175M for its debut PE fund targeting EUR350M. The firm backs mid-market buyouts sourced through independent sponsors across Europe.

Multiverse raised $70m at a $2.1bn valuation in a Schroders Capital-led round, citing 50% YoY revenue growth, its January StackFuel acquisition and an ambition to become Europe's AI adoption platform.

Xi bilateral, US Trade Rep Jamieson Greer told Bloomberg, even as Washington cleared Nvidia H200 sales to China.

Donald Trump said on Air Force One on Friday that he and Xi Jinping discussed AI guardrails and Nvidia H200 chips in Beijing. No framework was signed; H200s to the ten cleared Chinese buyers have not ...

British precision-liquid-cooling company Iceotope has raised $26m in a Series B led by Two Seas Capital and Barclays Climate Ventures.

Bolt, which claims 50%+ market share in South Africa after investing $180M, will offer Dongfeng's Box and 007 electric vehicles to riders in Cape Town as fuel costs rise.

Alibaba integrated Qwen AI with Taobao's 4 billion products. Alipay processed 120 million AI-agent transactions in one week. China is rewriting how e-commerce works.

RoseBernard Studio co-founder Robert Polacek explains how AI boosts creative output without replacing designers, and why smaller studios have the agility edge.

Bill Ackman said on Friday that Pershing Square has taken a new stake in Microsoft after the stock's 16% year-to-date decline. The 13F filing disclosing the size is expected later in the day.

Gemini Space Station shares surged in premarket trading after Winklevoss Capital paid $100m in bitcoin, at 2.5x the market price, for 7.1m new Class A shares, alongside a Q1 beat.