⛵ Paramount Seals $110B Warner Deal

Plus: Google Signs 20-Year Nuclear Deal, OpenAI Claims 100+ Math Solutions

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The machines are learning to invent entire worlds. The humans are still paying $110 billion to own the old ones


Paramount Seals $110B Warner Deal

TL;DR: Paramount Skydance completed its roughly $110 billion acquisition of Warner Bros. Discovery, bringing HBO, CNN, CBS and major Hollywood franchises under one roof. Led by David Ellison, the merged company plans to combine streaming services and target at least $6 billion in cost savings, raising concerns over layoffs and media consolidation. Read more →


Lambda Seeks Up to $4B Ahead of IPO

TL;DR: Nvidia-backed AI cloud provider Lambda is seeking up to $4 billion at a $14.5 billion pre-money valuation, with Coatue and Blackstone leading the round ahead of a planned 2027 IPO. The fundraising comes as Lambda's reported contract backlog has surged to $50 billion, highlighting both strong demand for GPU capacity and the enormous costs of expanding AI infrastructure. Read more →


Google Signs 20-Year Nuclear Deal

TL;DR: Google is updating six US nuclear plant sites and signing a 20-year power purchase agreement as it scrambles for electricity to feed its data centers. Big Tech is now underwriting baseload power directly, turning energy into a core AI constraint. Read more →


Anduril Wins Navy Contract Worth Up to $2.9B

TL;DR: Defense startup Anduril secured a US Navy contract worth up to $2.9 billion to manufacture submarine components, alongside a $3.7 billion investment in a new Maryland production facility. The deal comes shortly after co-founder Palmer Luckey joined a Pentagon weapons advisory initiative, underscoring the growing role of defense technology firms in US military manufacturing. Read more →


Vinci Raises $250M for Simulation

TL;DR: Engineering simulation platform Vinci4D closed a $250 million Series B at a $1.5 billion valuation, co-led by Advent, Temasek and Xora, with AMD Ventures participating. Hardware teams are buying more virtual prototyping as physical testing gets slower and costlier. Read more →


Claude Connects to Google Workspace

TL;DR: Anthropic added a sidebar integration that lets Claude work inside Google Docs, Sheets and Slides, going straight after Gemini's home turf. The move pushes AI assistants out of the chat box and into the documents where teams actually work. Read more →


OpenAI Claims 100+ Math Solutions

TL;DR: OpenAI says its latest internal model has solved over 100 long-standing math problems, with results yet to be published. The claims have sparked criticism from mathematicians over attribution, independent verification and bypassing traditional academic publishing. Read more →


Xanadu and GlobalFoundries Partner on Quantum Chips

TL;DR: Photonic quantum computing company Xanadu signed a multi-year partnership with GlobalFoundries to develop and manufacture key quantum computing components using established 300mm semiconductor production lines. The collaboration will initially focus on photon detectors and low-loss photonic circuits, aiming to move quantum hardware manufacturing beyond laboratory-scale production. Read more →


Xbox Secures Exclusive GTA 6 Streaming

TL;DR: Xbox CEO told staff Microsoft is preparing something around Grand Theft Auto VI that no other platform holder is doing, reportedly locking up exclusive streaming rights. It signals the next console battle will be fought over cloud access, not just hardware. Read more →


Open Cosmos Raises 300M Euros for Satellites

TL;DR: UK-based Open Cosmos closed a 300 million euro Series C and plans to launch 192 low-Earth-orbit satellites for its ConnectedCosmos constellation, pitching sovereign-grade space services. Europe is funding its own orbital infrastructure to reduce dependence on US providers. Read more →


Tesla Expands EV Home Backup Power

TL;DR: Tesla is expanding vehicle-to-home backup power to newer Model 3 and Model Y vehicles, allowing owners with a Powerwall 3 to use their car batteries during electricity outages. The system could provide several days of additional backup power, although these models do not yet support sending electricity back to the grid. The move brings Tesla's vehicles further into its home energy ecosystem. Read more →


Meta Upgrades Ray-Ban Smart Glasses

TL;DR: Meta is rolling out audio improvements and turn-by-turn walking navigation to its Ray-Ban smart glasses. The updates keep refining the everyday-wearable bet that glasses, not headsets, become the mainstream spatial-computing form factor. Read more →


Deliveroo Plans UK Robot Delivery Rollout

TL;DR: Deliveroo and Coco Robotics announced a partnership to introduce autonomous pavement delivery robots across the UK, beginning in London's Canary Wharf in October. Additional launches are planned for Milton Keynes, Leeds, Stockton-on-Tees and Nottingham over the coming months. The rollout marks Deliveroo's first use of autonomous delivery vehicles in the UK, with robots initially handling short-distance orders alongside human couriers. Read more →


Hadrian Raises $40M for AI Security

TL;DR: Dutch offensive-security startup Hadrian raised $40 million to expand internationally, using AI agents to find the weaknesses attackers would exploit. Automated, continuous attack-surface discovery is becoming a funded category of its own. Read more →


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