Proxima Fusion bets €140M on a critical fusion ingredient dominated by Asian suppliers

Proxima Fusion is betting on a critical ingredient for its fusion reactors: superconducting tape. Proxima Fusion said Wednesday it plans build a €140 million factory ($162.6M) to produce fusion-grade high-temperature superconducting (HTS) tape, which will provide the startup with key component to its reactor design. The move comes months after Proxima raised €411 million in … Read more

Anthropic reveals rogue AI agents hate CAPTCHAs, just like you

Anthropic’s latest report about agentic misbehavior offers plenty to be concerned about—its Mythos 5 model gained unauthorized access to the internet and uploaded a malicious software package to a public database—but it also offers some levity: AI agents hate CAPTCHA. In April, Anthropic was testing the model’s hacking abilities by tasking it to break into … Read more

The Boring Company raises $3B in round led by UAE

Elon Musk’s tunneling play, The Boring Company, has raised a $3 billion Series D funding round that pushes its valuation to $23 billion. The round was led by the United Arab Emirates. The Boring Company said Thursday that it now plans to dig more than 150 kilometers of tunnels in the Middle Eastern country. Andreessen … Read more