A late-stage trial for gene therapy AMT-130 showed it slowed Huntington’s disease progression by about 75%. But delivering it requires major brain surgery, and the FDA now has questions about the study’s design, clouding its approval path.
iRobot, the maker of Roomba, has filed for Chapter 11 bankruptcy. The company is being taken over by its China-based manufacturer, Picea. But CEO Gary Cohen insists warranties will be honored and apps will keep working.
The stablecoin story has shifted from flashy consumer apps to a regulated, institutional backbone. This week saw SoFi launch an enterprise token, Coinbase offer white-label issuance, and Visa expand USDC settlements, all enabled by new FDIC rulemaking.
OpenAI CEO Sam Altman is co-founding a new brain-computer interface startup called Merge Labs. It’s spinning out of the nonprofit Forest Neurotech and is reportedly raising money at an $850 million valuation.
Yann LeCun is targeting a €500 million raise for his new startup, Advanced Machine Intelligence Labs (AMI Labs), which could value it at $3.5 billion pre-launch. The company, based in Paris, aims to build “world models” that understand physics, not just predict text. Alexandre LeBrun, founder of Nab
Sequence just raised $20 million in a Series A round to expand its AI-powered platform for automating revenue operations. The company aims to eliminate the manual work of billing, invoicing, and revenue recognition that still plagues finance teams. This funding highlights a growing trend of SMBs usi
Chip startup Mythic Inc. has secured $125 million in new funding to take on Nvidia in the AI processor market. The round was led by DCVC and included SoftBank, Honda, and Lockheed Martin.
Forbes’ latest ranking of America’s top private companies shows OpenAI making a splashy debut at #155 after its $1B Disney deal. But the bigger shifts are at the top, with Cargill holding #1 despite falling revenue, and SpaceX preparing for a massive 2026 IPO that will knock it off the list.
Block’s Square is deepening its partnership with Thrive to offer retailers a unified inventory system that syncs Square with Shopify. The goal is to eliminate the manual work of managing stock across separate in-store and online platforms. This comes as retailers face intense pressure to have the ri
It was a chaotic midday session with huge swings driven by clinical trial results, bankruptcy, and competitive threats. iRobot’s stock collapsed by 72% after declaring Chapter 11.
