Lux Capital has secured $1.5 billion for its ninth fund, the largest in the firm’s 25-year history. The raise comes despite a broader slump in new VC fund formation, highlighting investor confidence in Lux’s frontier tech thesis.
A programmer’s viral video demonstrates Windows 11’s AI-powered search failing to work on its own suggested query. The clip has become a rallying point for the growing “Microslop” backlash against Microsoft’s all-in AI strategy for its operating system.
A severe winter blast is causing chaos for Germany’s power grid. With solar panels buried and wind generation weak, the country is being forced to rely on expensive gas, sending electricity prices surging.
D-Wave is making a massive $550 million play to supercharge its quantum roadmap. The acquisition of Quantum Circuits Inc. aims to deliver a gate-model system by 2026 and consolidate key technologies.
A new report reveals the UK’s Legal Aid Agency, despite a known “extremely high” cyber risk and £50 million in security funding, was compromised for four months in 2024-2025. The breach impacted sensitive data for legal aid applicants and providers, causing operational chaos.
Biographica, a UK AI startup, has raised €8 million to apply drug discovery techniques to agriculture. Its platform aims to identify key genetic traits for crops in weeks, not years. The funding round was led by Faber VC.
China has posted a draft of new AI regulations that specifically govern services impacting human mental health. The proposed rules, open for public comment until January 25, 2026, would apply to any AI accessible within China, including foreign-made systems. This move highlights the global scramble
xFusion, China’s top AI server provider, has hired Citic Securities to guide it toward an initial public offering. The move comes as AI-related stocks in China are seeing massive first-day pops, with indices up sharply. The company was spun off from Huawei in 2021.
Elon Musk’s xAI has secured a monumental $20 billion in new funding. The capital will accelerate its data center buildout and the development of its Grok AI models, which now reach 600 million users.
Lenovo has unveiled a new ultra-compact desktop PC, the Yoga Mini i, at CES 2026. It’s powered by Intel’s next-gen Panther Lake processors and is designed as an AI companion, with a launch date set for June 2026 starting at $699.99.
