Secures

• Skye AI, a home screen app for iPhone powered by artificial intelligence, raised $3.58 million in pre-seed funding while still in private testing phase. • The funding supports development of the app, which aims to enhance iPhone user experience through AI-driven features accessible directly from the home screen. • This investment highlights growing investor interest in mobile AI applications amid competition in the smartphone ecosystem.

• Framingham, MA-based Tortugas Neuroscience raised $106 million in combined seed and Series A funding for small molecule therapies targeting neurological disorders. • Cure Ventures led the seed round, with The Column Group and AN Venture Partners co-leading Series A on April 21. • The investment accelerates development of treatments using validated biological targets, addressing unmet needs in US biotech.

• SkyfireAI Inc., a US-based autonomous drone startup, raised $11 million in new funding to advance dual-use technology. • The investment targets AI autonomy for public safety, defense, and commercial drone applications. • This funding accelerates development amid rising demand for intelligent unmanned systems in critical sectors.

• Anthropic announced a $4 billion Series E funding round on April 25, 2026, with lead investments from Amazon and Google, valuing the AI safety firm at $61.5 billion post-money. • The capital will accelerate development of Claude 4 models and expand enterprise AI infrastructure across US data centers in California and Virginia. • This funding underscores intensifying competition in AI amid regulatory scrutiny, positioning Anthropic as a key challenger to OpenAI's dominance.

• Copperhelm raised $7 million in funding to launch an agentic cloud security platform leveraging AI agents for threat detection. • The platform automates real-time remediation at scale, addressing escalating cloud vulnerabilities in US enterprises. • This funding enables Copperhelm to commercialize innovative AI-driven cybersecurity amid rising breach incidents.

• SpaceX secured an option to purchase AI coding startup Cursor for $60 billion USD, signaling aggressive expansion into artificial intelligence development tools. • The acquisition option reflects Cursor's prominence in AI-assisted software development, a rapidly consolidating market attracting major technology conglomerates. • The deal underscores SpaceX's strategic pivot toward internal AI capabilities to accelerate software development for space exploration and satellite internet infrastructure.

• Port, an AI startup in cybersecurity, raised $100 million in its third funding round led by General Atlantic, achieving an $800 million valuation. • The funding supports expansion in cloud infrastructure protection technologies. • This round reflects investor confidence in AI-driven defenses against evolving cyber threats in the US market.

Cursor is aSilicon Valley startup using AI to automate coding as Elon Musk’s firm seeks foothold in the AI marketSpaceX said it has secured an option to either acquire code-generation startup Cursor for $60bn later this year, or pay $10bn for their new partnership, as it pushes deeper into the lucrative market for AI developer tools.Along with OpenAI and Anthropic, Cursor is one of several Silicon Valley startups that has drawn waves of developers by using artificial intelligence to automate coding, a business where AI companies have found early commercial traction. Continue reading...

• Scale AI raised $2.5 billion in fresh funding on April 19, 2026, at a $15 billion valuation, backed by Meta and Tiger Global. • Capital expands US data annotation workforce to 50,000, focusing on synthetic data for autonomous vehicles and LLMs. • Funding counters labor-intensive bottlenecks in AI training, vital for US competitiveness.

• Databricks announced a Series H funding round of $10 billion at a $43 billion valuation on April 18, led by existing investors including Andreessen Horowitz and Sequoia Capital, to accelerate development of its AI and data platform. • The funding will support expansion of Databricks' lakehouse architecture, which integrates data warehousing and data lakes, and fund aggressive hiring in engineering and sales across North America. • The round positions Databricks as one of the fastest-growing enterprise software companies and signals strong investor confidence in the competitive data infrastructure market dominated by Snowflake and others.

• Satark AI, an India-based cybersecurity startup, raised pre-seed funding at a $4 million valuation to develop an AI-driven decision layer for reducing security alert noise. • The startup focuses on a critical enterprise security challenge: alert fatigue from excessive false positives that can slow incident response and waste analyst resources. • Satark AI's funding demonstrates investor confidence in AI-powered solutions targeting operational efficiency within security operations centers across global enterprises.

• Wealth.com, an AI platform modernizing estate and tax planning for wealth management firms, closed an oversubscribed $65M Series B funding round. • The funding will accelerate product enhancements and expand adoption among high-net-worth advisors handling complex client portfolios. • This raise highlights surging investor interest in AI tools automating legacy financial planning processes amid rising wealth transfer demands.

• Apple TV+ acquired exclusive streaming rights to a four-part documentary series chronicling Serena Williams' legendary tennis career and post-retirement business ventures. • The series will premiere in June 2026 and features intimate interviews with Williams, her family, fellow athletes, and business partners, spanning her 30-year career and current role as a venture capitalist. • Williams executive produces alongside acclaimed director Marina Zenovich, known for her Oscar-nominated documentary "Roman Polanski: Wanted and Desired."

• Procure.ai raised $13 million in funding to develop AI-native procurement planning tools for modern businesses, signaling investor focus on vertical AI in 2026. • The investment reflects growing interest in specialized AI solutions over general models, amid recent vertical AI funding surges. • This funding enables expansion of procurement optimization features for enterprises facing supply chain complexities.

Carney’s Liberals will now be able to pass legislation without the support of opposition parties – and govern until 2029The Canadian prime minister, Mark Carney, has secured a parliamentary majority for his Liberal government, CBC News reported. The victory will help him push through a legislative agenda he says is needed for an increasingly divided geopolitical world.Three special elections were held on Monday in Ontario and Quebec, with two in districts – known as ridings – that have long voted Liberal. Continue reading...

Engine-maker CEO hails ‘critical milestone’ for company in race to deliver SMR technology built at Wylfa plant on Anglesey Business live – latest updatesRolls-Royce has secured up to £599m from Britain’s national wealth fund as it races to develop the UK’s first small modular nuclear reactors.The fund will help support Rolls-Royce’s design of small modular reactors (SMRs) at Wylfa on the island of Anglesey (called Ynys Môn in Welsh). Continue reading...

Australia and Singapore will ‘make maximum efforts to meet each other’s energy security needs’ in refined fuels and LNG, according to new agreementGet our breaking news email, free app or daily news podcastAustralia’s largest petrol source has pledged not to cut supplies, with Singapore’s prime minister telling Anthony Albanese that fuel will keep flowing despite the international crisis.Albanese’s whistle-stop visit with his Singaporean counterpart, Lawrence Wong, culminated in a new agreement that the two countries would keep sending one another fuel and liquefied natural gas, amid the “acute energy crisis” caused by the war in the Middle East. Australia and Singapore will also add a legally binding addendum to their free trade agreement on essential supplies like energy. Continue reading...

• Scale AI raised $1 billion on April 9, 2026, at $2.5 billion valuation from Accel and Founders Fund for US data labeling expansion. • Funding supports hiring 1,000 engineers in San Francisco to improve RLHF datasets for models like Llama 4. • Positions Scale as critical US AI infrastructure player, with CEO Alexandr Wang noting 'data is the new oil.'

Pakistani officials defy the skeptics to lead a breakthrough in negotiations and help avert catastrophe in Iran Middle East crisis – live updatesPakistan’s leaders had almost lost hope. After more than two weeks of frantic negotiations, phonecalls and diplomatic summits to try to end the US-Israeli war with Iran, it looked like the conflict might instead be escalating into Islamabad’s worst nightmare.In a cabinet meeting held around 5pm on Tuesday, Pakistan’s prime minister Shehbaz Sharif was morose. “We should brace ourselves for the impact of the war,” he told his cabinet ministers. “The situation has really become very bleak. The chance of peace has become dim.” Continue reading...

State upper house MP runs unopposed after initially being dropped during a preselection challenge. Follow today’s news liveGood morning, and happy Monday. Nick Visser here to take you through the day’s news. Let’s dive in. Continue reading...

• Presidents Biden and Yoon Suk Yeol signed a defense enhancement pact on April 4, 2026, in Washington, extending US nuclear umbrella to counter North Korea's 70+ missile tests in 2025. • Pact includes $12 billion in US precision munitions sales and joint AI-driven missile defense systems operational by 2028. • Agreement bolsters Indo-Pacific deterrence, with Yoon stating, 'This alliance is ironclad against Pyongyang's provocations.'

• Luna Systems, founded at Dublin City University in 2020, has raised €1.5 million to develop AI-powered Advanced Rider Assistance Systems (ARAS) for cycling and motorcycles. • The company's 2026 product launches include a dual AI camera system for e-bike and motorcycle manufacturers featuring collision warning, blindspot detection, and headway monitoring with smartphone integration. • The funding accelerates Luna Systems' transition to a full system provider, inspired by automotive ADAS technology adapted for two-wheeled transportation where fatality rates remain elevated.

• CoreWeave, Inc. (CRWV) shares jumped 12% after securing an $8.5 billion loan to scale its AI infrastructure. • The financing strengthens investor confidence in CoreWeave's expansion plans amid booming demand for AI computing power. • This deal highlights growing capital inflows into AI-focused firms, potentially accelerating sector growth in 2026.

• US defense AI startup Shield AI raised $1.5 billion in Series G funding, valuing it at $12.7 billion post-money, a 140% increase from prior rounds. • The investment supports scaling autonomous drones via Hivemind AI pilot software, following a US Air Force contract and acquisition of simulation firm Aechelon. • With projected $540 million revenue this year, Shield AI leads in military AI, enhancing US drone capabilities against global threats.

• Depthfirst raised $80 million in a Series B funding round to bolster its AI-driven cybersecurity capabilities. • The startup plans to expand its AI research team, train additional security models, and scale enterprise adoption across the US. • This funding underscores growing investor confidence in AI tools addressing complex cybersecurity threats amid rising attacks.

• Emerald AI announced a $25 million strategic funding round on March 31, 2026, led by Nvidia’s NVentures, Eaton, GE Vernova, Salesforce, Samsung, and Siemens. • The funding brings the startup's total capital to $68 million since its founding 16 months ago, targeting bottlenecks in AI infrastructure expansion. • The investment addresses the growing challenge of connecting data centers faster to power grids amid surging AI demand for electricity and land.

• Boeing announced a $18 billion multiyear contract award from the U.S. Department of Defense for development and production of advanced air-to-air missile systems, representing one of the largest defense contracts awarded in the past year. • The program spans eight years and includes approximately 2,000 advanced missiles, supporting air superiority initiatives for the U.S. Air Force and allied nations. • The contract award marks a significant boost to Boeing's defense and space segment, which has faced revenue headwinds from commercial aircraft production challenges, and provides revenue visibility through 2034.

• Edmonton-born startup Smart Access raised $12 million in Series A funding from Bay Area investors Lobby Capital, Aspenwood Ventures, and Coelius Capital to expand its digital workforce management platform. • The company, co-founded by Tim Regnier and John White, helps large distribution operations optimize training, safety programs, and adherence to standard operating procedures across their workforce. • Smart Access, which relocated its operating base to San Francisco while maintaining Edmonton roots since its 2015 founding, plans to scale deployments across North America using the new capital.