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A cabinet minister has said carmaker McLaren’s investment in its UK facilities was a “huge opportunity” to address the “Neets crisis” in Surrey.

Mecka AI, a startup that collects and analyzes human motion data to train humanoid robots and other robotics, is nearing a new round led by Sequoia Capital at a valuation of about $500 million, according to two people with knowledge of the deal.

The high price of oil is having a big impact on Newfoundland and Labrador’s finances and its looming deficit, says the finance minister, enabling the province to bring in affordability measures.

Palo Alto Networks paid $500 million in cash and stock to acquire Console, a two-year-old startup that uses AI agents to automate routine IT help desk tasks, according to two people with knowledge of the deal.

The U.S. battery industry just found an unexpected savior. After EV incentive cuts left startups gasping for air, the Department of Energy threw them a $500 million lifeline—but there’s a catch. The money’s earmarked for defense applications, signaling a dramatic pivot from consumer electric vehicles to military-grade power systems. It’s a strategic bet that could…

The near-bottomless demand for unique AI training data from top labs and corporations is driving a massive boom for a cohort of data-labeling startups.