GeezerVison

Torus raises $500m to run AI on spare grid power at existing sites

The Magnetar-led round backs Torus Foundry, units that put 1 to 20 megawatts of AI inference computing at existing sites within 12 to 16 weeks. Hydra Host is among the first customers.

1. 

   INVESTORS AND FUNDING

   Graphon Labs raises $35m to give AI agents a memory that lasts

2. 

   INVESTORS AND FUNDING

   Mosaic raises $47m to build surgical machines that navigate blood vessels

3. 

   INVESTORS AND FUNDING

   Path Robotics raises $300m at a $2.45bn valuation for welding AI

4. 

   INVESTORS AND FUNDING

   Bay raises $50m to vet AI agent actions before they run

Nebuly raises $21M Series A to measure the ROI of enterprise AI

1. 

   INVESTORS AND FUNDING

   London’s Fractile raises $720M for memory-first AI chips and hits $7B valuation

2. 

   ARTIFICIAL INTELLIGENCE

   StitchStudio raises $8M for AI agents that do insurers’ paperwork

3. 

   INVESTORS AND FUNDING

   Torus raises $500m to run AI on spare grid power at existing sites

4. 

   FINANCE

   CoreWeave rules out new unsecured debt as revenue jumps 168% to $3.66bn

Google Cloud launches Gemini for healthcare to take on hospital paperwork

Gemini for healthcare reads Epic and Oracle Health records, checks coverage and cites its sources, but cannot change a chart. GoodRx, UiPath and five other partners signed up the same day.

1. 

   ARTIFICIAL INTELLIGENCE

   Adobe becomes Disney’s AI partner to build models on its characters

2. 

   CORPORATES AND INNOVATION

   CoreWeave asks Texas governor-elect to let permitted data centres finish

3. 

   ANTHROPIC

   Anthropic reportedly must face claims its Claude Max ads misled users

4. 

   BUSINESS

   Airbnb can invest in Brian Chesky’s AI lab, its quarterly filing shows

Microsoft turns on Claude by default in UK Copilot, The Register reports

UK Copilot admins must opt out by 9 December, as Anthropic processes the data in the US. Less than £1 in £6 of UK public sector tech spending stays British, IPPR says.

1. 

   DEFENCE

   Helsing launches Clarity, a European rival to Palantir’s Maven

2. 

   POLITICS

   California sinks its billionaire tax as a Brin-backed wealth tax ban leads

3. 

   EUROPE

   Digital Fairness Act: EU moves to outlaw dark patterns and subscription traps

4. 

   GOVERNMENT AND POLICY

   AI firms sign Macron’s Paris Call, but safety group says it lacks teeth