A look at London-based “neocloud” startup Nscale, which landed a $500M investment from Nvidia and aims to scale up to 300K GPUs globally, on par with CoreWeave
Nscale, a tiny London-based startup, just landed $500 million in backing from AI chip giant Nvidia to help build … Bluesky: @iainmartin Bluesky: Iain Martin / @iainmartin : Nvidia's Jensen Huang just ...
A profile of Edwin Chen, the CEO of Surge AI, a Scale AI rival that had $1.2B revenue in 2024, is profitable, and is reportedly raising $1B at a $30B valuation
This story appears in the October/November 2025 issue of Forbes Magazine. Subscribe — An alum of Google, Facebook and Twitter … X: @_iainmartin , @_pheebini , @richa_lq , @hellosurgeai , @forbes , ...
Plaud says it has sold 1M+ of its $159 NotePin AI recording devices since 2023, is profitable, and is on track to bring in $250M in annualized revenue in 2025
Iain Martin / Forbes :
Sources and docs: troubled IT firm Atos is largely responsible for issues delaying the rollout of the EU's automated biometric Entry/Exit border system to 2025
www.bloomberg.com/news/article... Iain Martin / @iainmartin : “the documents show how Atos effectively slowed work by only partially installing [the EU's new smart border] equipment, misplacing parts....
Filing: TikTok's European revenue grew to $4.57B in 2023, up from $2.6B in 2022; losses grew to $1.3B, up from $512M YoY; ByteDance set aside $1B for EU fines
Iain Martin / Forbes : X: @_iainmartin X: Iain Martin / @_iainmartin : Bytedance has set aside the ten-figure sum to pay regulatory fines in Europe while facing a barrage of investigations and lawsui...
A look at Whisper CEO Michael Heyward's Medialab, which acquired Imgur and Genius and was sued by their founders and others for allegedly failing to honor deals
Iain Martin / Forbes :
How Les Wexner, Victoria's Secret billionaire owner, made early investments in Atlantic Crypto, which then turned into CoreWeave, netting him a $720M stake
Forbes : X: @_iainmartin , @_iainmartin , and @hkanji X: Iain Martin / @_iainmartin : A 86-year-old retail billionaire (with a complicated legacy) might be one of the big winners from investing in th...
Bolt co-founder Ryan Breslow settles with investor Activant Capital, ending a lawsuit that accused Breslow of saddling the company with $30M in personal debt
Bolt's Ryan Breslow and investor Activant Capital have filed to settle their bitter lawsuit over Breslow's outstanding $30 million debt, which was swept from the company's bank account after he defaul...
A profile of Ryan Breslow, the founder of Bolt, whose $355M Series E in 2022 set off 18 months of acrimonious lawsuits and a showdown with early backer Activant
Forbes : X: @_iainmartin , @friedmandave , @lukejohnsonrcp , @leomschwartz , @sarahnemerson , @dannygroner , and @alexrkonrad X: Iain Martin / @_iainmartin : Ryan Breslow was dancing barefoot in a ge...
Documents: sanctioned Russian billionaire Roman Abramovich quietly invested $63M+ in European startups via London VC firm Target Global between 2015 and 2021
Venture capital fund Target Global managed tens of millions of dollars for Roman Abramovich and helped the now-sanctioned oligarch build … X: @hkanji , @_iainmartin , @_iainmartin , @giacomotognini , ...