Kato officially assumes her greatest challenge yet - CIO of Toyota's Woven Capital and CEO of Toyota Invention Partners. The latter appointment makes her the first female CEO of a wholly owned Toyota subsidiary.
Empirical Ventures has secured a £10 million commitment from the British Business Bank through its Regional Angels Programme, bringing the Bank's total support for the firm to £15 million. This funding will allow Empirical to write larger cheques to early-stage science-led founders across the UK, particularly outside London.
Meta's agreement with Entergy to build and finance seven new power plants in Louisiana will significantly enhance the energy infrastructure needed for its AI data center complex, Hyperion. The total of 10 power plants will provide enough energy to power over 5 million homes, representing a substantial increase in the state's grid capacity.
Lucid went public via SPAC merger in July 2021, carrying a valuation that assumed it would become a luxury EV powerhouse. The company has since posted annual free cash flow of −$3.80 billion in 2025, with cost of revenue in Q4 2025 reaching $944.64 million against revenue of just $522.73 million.
SpaceX is expected to confidentially file its IPO paperwork with the Securities and Exchange Commission (SEC) 'in coming days.' This means the company's confidential IPO filing is likely to happen sometime between today and next week.
Gwynne Shotwell joined SpaceX in 2002 as its seventh employee and has never stopped expanding her role. She oversees day-to-day operations across multiple executive teams spanning Falcon, Starlink, Starship, and now xAI following SpaceX's February 2026 merger with Elon Musk's artificial intelligence company.