DeepMind spinout Isomorphic Labs has poached a significant chunk of its headcount from rivals Exscientia and BenevolentAI, after they struggled to retain a foothold in a challenging drug discovery market. sifted.eu/articles/iso...

DeepMind spinout Isomorphic Labs has raised $600m from OpenAI and Stripe-backer Thrive Capital, as it looks to advance its AI-designed drug candidates to clinical trials by the end of the year. sifted.eu/articles/iso...

US defence tech Anduril will open a factory and R&D facility in the UK, as it looks to establish a European presence in the face of rising geopolitical tensions and increased defence spending in the region sifted.eu/articles/and...

Automation software giant UiPath has acquired SoftBank-backed data analytics startup Peak, as it looks to use the UK company's tech to roll out a suite of AI agents. sifted.eu/articles/uip...

Deliveroo reported its first full year of profit on Thursday, following a bruising few years for the food delivery sector that’s seen many make layoffs and exit international markets. sifted.eu/articles/del...

AI erotic companion startup Oh has plans to roll out agents that can market themselves on social media and direct message users with spicy conversation starters. But first it's got to convince enough users it’s not that weird turning to AI for romance. sifted.eu/articles/ai-...

Electric vehicle startup Arrival has shut down operations and made all but one member of staff redundant after a planned sale of the beleaguered company collapsed. sifted.eu/articles/arr...

Europe’s AI startups are being forced to ramp up creative recruiting tactics as they sweat over a talent shortage among AI workers and try to outcompete each other for the best hires sifted.eu/articles/ai-...

AI analytics startup Quantexa has raised $175m as it looks to deepen its presence in the US and hunts for startups to acquire sifted.eu/articles/qua...

Autonomous driving startup Wayve has announced plans for a new site in Germany, as the company steps up global expansion in a bid to secure its first commercial deals following a record $1bn round in 2024 sifted.eu/articles/way...

Unicorn femtech Flo is on the hunt for startups to acquire, as it looks to expand into new health verticals and ramp up revenue in the wake of a record 2024 fundraise. sifted.eu/articles/flo...

ElevenLabs releases new AI model it says outperforms rivals at Google and OpenAI sifted.eu/articles/ele...

‘Humans need not apply’: Are AI agents already taking our jobs? sifted.eu/articles/ai-...

NEW: Luminance raises $75m as it doubles down on AI agents for legal sector sifted.eu/articles/lum...

NEW: AI compute provider Ori raises $140m to roll out access to Nvidia superchips sifted.eu/articles/ori...

NaturalX, the VC arm of German pharmaceutical giant Schwabe Group, has unveiled a new €100m fund to back early-stage consumer health startups in Europe, amid a flurry of big money investments in the sector. sifted.eu/articles/nat...

NEW: Keir Starmer wooed AI leaders at an invite-only Downing Street party on Tuesday. Not invited? I spoke to those on the guestlist to find out what all the fuss was about. sifted.eu/articles/kei...