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Features
Google Vows to Replenish More Water Than Data Centers Consume by...
Google has announced a suite of water stewardship commitments designed to outpace its data center consumption by 2030. Operating 165 projects across 97 watersheds, the tech giant aims to replenish more than 19 billion gallons of water annually. This target is more than double its 2024 consumption footprint, translating to enough water to supply Los Angeles for over 40 days...
Markets & Trends
AI Coding Startup Cognition Raises Over $1 Billion at $26 Billion...
Enterprise usage of autonomous cloud agents has grown more than tenfold since the start of the year, propelling AI coding startup Cognition to a $26 billion valuation. The company recently finalized a capital raise of more than $1 billion led by Lux Capital, General Catalyst, and 8VC, alongside backers like Founders Fund and Ribbit Capital...
Strategy
Mistral Launches Vibe Platform to Pivot From Chatbots to Autonomous Enterprise...
Mistral AI is making a bigger push to become Europe’s full-stack answer to the U.S. AI giants. The three-year-old French startup has launched Vibe, an enterprise agent platform, while also expanding into industrial physics simulation and committing €4 billion to new data center infrastructure across France and Sweden...
Capital & Transactions
Corgi Raises $106 Million Weeks After Becoming a Unicorn
AI insurance startup Corgi has raised $106 million in a Series B1 round that doubled its valuation to $2.6 billion just weeks after it became a unicorn. The round, led by TCV with participation from existing backers including Kindred Ventures and Prime Capital, followed a $160 million Series B in late April that valued the two-year-old company at $1.3 billion. CEO Nico Laqua told Forbes the new capital was not solicited by the company, but came after existing investors asked to increase their stakes...
Health & Wellness
Oura Advances Toward Public Markets With Confidential SEC Filing For IPO
Oura is moving closer to the public markets after building one of the most recognizable companies in consumer health wearables. The smart ring maker has confidentially submitted a draft registration statement for a proposed initial public offering, giving the $11 billion company a path toward a listing as investor interest returns to high-growth technology offerings...
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