Ireland commits €1B to scale homegrown companies globally

• TessolveBengaluru$75M Late VC

  Semiconductor engineering services. Led by US-based Vector Line Capital.

• BiotreeHuangpu$13.8M Series B

  Specializing in the application, consulting and development of cutting-edge research technology. Backed by CSC Financial and Qiming Venture Partners.

• AutobiaDammam$12M Series A

  A Saudi based B2B marketplace leveraging the data to solve the infrastructure and after-sales challenges in the automotive industry. Led by Artal Capital and Wa'ed Ventures participating.

$62B across 414 rounds in October so far, by headquarters and by sector.

• KeresDenver$125K raised

  Reusable unmanned jet interceptors for air defense.

  PJCPParker Jamieson & Christopher Palazzolo founded it. Palazzolo worked at H3X Technologies and Cosmic Aerospace.

• Valdivia TechSantiago

  AI agents automating electrical power system engineering.

  CVCristian Valdivia previously founded iusTomas and A0x and studied at Federico Santa María Technical University.

• Firestarter.aiAmsterdam

  AI-powered commercial team achieving business growth targets.

  JMJuriaan Matthijssen previously founded Green Whale Smart Capital and Vinted Go and worked at StartReady and LiveWords.

• Apple acqui-hires Huxe, the AI audio startup from ex-NotebookLM developers

  Apple has struck an acqui-hire with Huxe, a personalised AI audio startup founded by three former developers of Google's NotebookLM.

• Nvidia weighs buyout of Reflection AI at $25B valuation

  Nvidia is in talks to deepen its investment in open-source startup Reflection AI or acquire it outright, the Financial Times reported on October 10, citing people with direct knowledge.

• Claude files false murder tip, exposing gaps in AI oversight

  Anthropic's Claude AI model submitted a false homicide tip to Philadelphia police, the company and the department disclosed separately on Friday.

• SpaceX's Terafab chip complex could reach $119B across four phases, records show

  Public records reveal that SpaceX's planned Terafab semiconductor complex in Grimes County, Texas, could grow into a $119-billion megaproject built across four phases through 2036.

• Alibaba's Tsai tells Europe: open source is your only path to tech independence

  Alibaba chairman Joe Tsai told European industry that embracing open-source AI is the region's only route to technological independence, speaking this week at the Wave tech event in Italy.

• Zetwerk targets $518M in India IPO at $3.1B valuation

  Manufacturing platform Zetwerk has set a price band of Rs 143-151 per share for its initial public offering, aiming to raise around Rs 5,012 crore (about $518 million).

• Microsoft's Nadella calls for human-controlled AI 'emergency brake'

  Microsoft chief executive officer Satya Nadella says advanced AI systems need an "emergency brake" that humans control, arguing people must retain the ability to halt the technology if it behaves in unintended ways.