Quantum Systems Raises $1.2B Series D at $8B Valuation
German autonomous defense startup Quantum Systems has raised $1.2 billion in a Series D round at an $8 billion post-money valuation, co-led by Blackstone, Noteus, Airbus, and Advent.
Access a continuous stream of concise, high-impact reporting on artificial intelligence across global markets and industries. This section aggregates short-form coverage of corporate announcements, funding activity, product launches, regulatory actions, executive moves, and strategic partnerships, delivering essential developments with speed and clarity. Designed for efficient consumption, it prioritizes material updates and market-moving information while complementing longer-form analysis and in-depth industry coverage.
German autonomous defense startup Quantum Systems has raised $1.2 billion in a Series D round at an $8 billion post-money valuation, co-led by Blackstone, Noteus, Airbus, and Advent.
Venice AI, a privacy-focused platform offering access to more than 200 AI models without storing user data, has raised a $65 million Series A at a $1 billion valuation.
Google has launched Gemini Spark for macOS in beta, bringing its AI desktop agent to Mac with file management capabilities, real-time topic tracking, and new app integrations including Google Tasks, Keep, Canva, and Dropbox.
Crypto exchange OKX has launched OKX AI, a marketplace allowing AI agents to hire one another, settle payments autonomously using stablecoins, and build on-chain reputations.
Meta plans to replace more than 90% of its content review workforce with AI by the end of 2026, placing the majority of its ads and content moderation under the control of large language models.
OpenAI and Broadcom have unveiled Jalapeño, OpenAI's first custom AI accelerator chip designed specifically for large language model inference.
Google is set to appeal a Munich court ruling that found the company legally liable for false claims appearing in AI Overviews, its AI-generated search summaries.
SpaceX shares are expected to begin trading around $171 on Nasdaq, nearly 29% above the company’s IPO price of $135 per share.
Executives from Anthropic, OpenAI, Google DeepMind, Mistral AI, and several other technology companies are expected to attend the G7 summit in Evian-les-Bains, France, from June 15 to 17. World leaders will meet with the group at a working lunch to discuss AI regulation, infrastructure, and broader technology policy.
DoorDash has launched Ask DoorDash, an AI chatbot enabling customers to place food orders and make restaurant reservations using photos and natural language prompts. The feature is rolling out in select U.S. markets for grocery and food delivery, with reservations and additional cities to follow in the coming weeks.