Venture Chronicles

06/02/2026

The facility houses nearly 2,000 servers inside pressure-resistant subsea modules located close to offshore wind turbines. The modules sit about 35 metres below the ocean surface.

China has begun commercial operations at an underwater AI data centre near Shanghai with nearly 2,000 subsea servers.

05/26/2026

Zeb Evans, CEO of the collaboration software startup ClickUp, claims that this shift is imminent.

Last Thursday, Evans announced on X that the company, which was last valued in 2021 at $4 billion, had laid off 22% of its workforce yet characterized that reduction as not a cost-cutting measure, but rather a radical embrace of AI that will propel the company to the next level.

The nine-year-old startup is replacing hundreds of employees with thousands of AI agents.

05/13/2026

AI that can see and understand what's happening in a video — especially a live feed — is understandably an attractive product to lots of enterprises and organizations.

Early adopters are using the model for diverse applications, such as auto-clipping highlights from live sports, which leverages the model's temporal understanding to identify key plays without human intervention.

05/04/2026

OPEC+ has agreed an increase in oil output of 188,000 barrels per day, the cartel said on Sunday, as it pushes on with production in the first meeting since the loss of its key member, the United Arab Emirates.

Concerns around production were amplified further last week with news of the UAE's shock departure.

04/14/2026

More than one third of European private equity, venture capital firms have environmental management systems in place, according to new data from Invest Europe.

Invest Europe’s ESG KPI Report analyses data from 1206 managers covering 4039 funds and 8756 companies, the largest dataset produced by the association to date.

03/09/2026

The two companies are working together to bring agent-based artificial intelligence into Nokia’s Network as Code platform. The idea is to allow software agents to interact with telecom network functions through APIs, rather than relying on telecom engineers to configure each step manually.

Google Cloud and Nokia are working to integrate agentic AI into telecom networks through Nokia’s Network as Code platform.

02/17/2026

Technology growth is full of sprints and plateaus, and gen AI is not immune. The current wave is driven by transformer architecture. To quote Anthropic’s President and co-founder Dario Amodei: “The exponential continues until it doesn’t. And every year we’ve been like, ‘Well, this can’t possibly be the case that things will continue on the exponential’ — and then every year it has.”

FeaturedNvidia, Groq and the limestone race to real-time AI: Why enterprises win or lose hereAndrew Filev, Zencoder February 15, 2026 CleoP made with Midjourney​From miles away across the desert, the Great Pyramid looks like a perfect, smooth geometry — a sleek triangle pointing to the stars. St...

02/12/2026

Modal Labs, a startup specializing in AI inference infrastructure, is talking to VCs about a new round at a valuation of about $2.5 billion, according to four people with knowledge of the deal.

General Catalyst is in talks to lead the round for the four-year-old startup, according to our sources.

02/09/2026

EU competition regulators on Monday charged Meta Platforms with breaching antitrust rules by blocking artificial intelligence rivals from its messaging service WhatsApp and threatened to impose interim measures against the U.S. tech giant.

01/20/2026

Micron Technology (MU) will buy a chip fabrication site in Taiwan from Powerchip Semiconductor Manufacturing Corp. for $1.8 billion to boost DRAM memory production. Micron stock edged lower early Tuesday.

Memory chip demand and pricing has skyrocketed due to artificial intelligence.