AI video startup, Higgsfield, founded by ex-Snap exec, lands $1.3B valuation

Higgsfield says it's on a $200 million annual revenue run rate. So it opened its previous Series A round back up and sold another $80 million in shares.

That’s a lot of money for just one data center job.

In Virginia, environmental group Food & Water Watch found that one permanent data center job is created for every $13 million invested. It estimates that data centers account for 0.01 percent of US jobs, but 4.4 percent of electricity consumption, and is petitioning Congress to end all new data center construction.

European banks plan to cut 200,000 jobs as AI takes hold

The bloodletting will hit hardest in back-office operations, risk management, and compliance.

India startup funding hits $11B in 2025 as investors grow more selective

Startup funding rounds in India fell sharply in 2025 as investors concentrated capital into fewer companies.

How reality crushed Ÿnsect, the French startup that had raised over $600M for insect farming

French insect farming company Ÿnsect was recently placed into judicial liquidation for insolvency, despite raising over $600 million.

How Europe’s new carbon tax on imported goods will change global trade

For people living in the European Union, the price of their next car, home renovation, and even local produce may soon reflect a climate policy that many have never even heard of. This new regulation, which comes fully into force on New Year’s Day, does not just target heavy industry—it affects everyday goods which now face an added carbon cost when they enter Europe.