February 2025

Just Move In raises $8M Series A for its home setup service 

February 27, 2025

Fintech has fragmented into increasingly specialized, cucumber-sliced micro-services, ranging from embedded buy-now-pay-later loans to specialized neo banks to yet more payment processing systems. What opportunities remain for innovators in such a fragmented landscape? One U.K. startup, Just Move In, zoomed out and realised that the home had been overlooked by everyone in the industry. And […]

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Stripe finalizes tender sale at a $91.5B valuation, says payment volumes grew to $1.4T in 2024

February 27, 2025

Digital payments platform Stripe has yet to lay out plans to go public, but in the meantime the company has thrown past and present employees a line for some liquidity. The company on Thursday confirmed a tender offer where investors will buy up shares from those employees at a valuation of $91.5 billion. Stripe said […]

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IBM closes $6.4B HashiCorp acquisition

February 27, 2025

IBM has finalized its multi-billion dollar HashiCorp acquisition, two days after the U.K.’s antitrust regulator gave the deal its blessing. Today’s announcement comes 10 months after IBM announced plans to pay $6.4 billion for HashiCorp, an enterprise software company best known for Terraform, an “infrastructure as code” tool for provisioning and managing infrastructure across clouds. […]

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The Download: Amazon’s quantum chip, and preventing battery fires

February 27, 2025
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Amazon’s first quantum computing chip makes its debut The news: Amazon Web Services has announced Ocelot, its first-generation quantum computing chip. While the chip has only rudimentary computing capability, the company says it…

Amazon debuts Ocelot, its first quantum computing chip

February 27, 2025

Amazon Web Services (AWS) has introduced Ocelot, its first quantum computing chip. The news brings it into line with its big cloud rivals Microsoft and Google, which have also unveiled their own quantum chips in recent months, respectively Majorana and Willow. The cloud computing giant has long been investing in the quantum computing space, starting […]

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The best time to stop a battery fire? Before it starts.

February 27, 2025
This article is from The Spark, MIT Technology Review’s weekly climate newsletter. To receive it in your inbox every Wednesday, sign up here. Flames erupted last Tuesday amid the burned wreckage of the battery storage facility at Moss Landing Power Plant. It happened after a major fire there burned for days and then went quiet…

Amazon’s first quantum computing chip makes its debut

February 27, 2025
Amazon Web Services today announced Ocelot, its first-generation quantum computing chip. While the chip has only rudimentary computing capability, the company says it is a proof-of-principle demonstration—a step on the path to creating a larger machine that can deliver on the industry’s promised killer applications, such as fast and accurate simulations of new battery materials.…

Unique, a Swiss AI platform for finance, raises $30M

February 27, 2025

A four-year-old Swiss startup has raised a sizable chunk of change to capitalize on the burgeoning “agentic AI” movement. Unique said on Thursday that it has raised $30 million in a Series A funding round that was led by London-based VC firm DN Capital and CommerzVentures, the investment offshoot of Germany’s Commerzbank. “Agentic AI” is […]

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