#nvidia-investment

#nvidia-investment

Revolut has overtaken Barclays in valuation after securing a $75 billion price tag in a major secondary share sale backed by Nvidia, cementing its position as Europe's most valuable private tech company and the standout success story of Britain's fintech sector. The deal - largely involving staff selling portions of their holdings - marks a dramatic jump from Revolut's $45 billion valuation last year. It now exceeds the market capitalisation of Barclays (£55.7bn / $73bn), as well as other UK banking giants including Lloyds and NatWest.

British startup Wayve has begun testing self-driving cars with Nissan in Japan ahead of a 2027 launch to consumers, as the company said it was in talks for a $500m investment from the chip-maker Nvidia. Wayve, based in London, said it had installed its self-driving technology on Nissan's electric Ariya vehicles and tested them on Tokyo's streets, after first agreeing a deal with the Japanese carmaker in April.

In January, Peter Tripp Akemann flew a drone into a large firefighting aircraft that was helping to stop the horrible Palisades fire in the area around Los Angeles. The damage took the aircraft out of commission for a period of time. In February, Akemann pleaded guilty to the crime. And on Monday, Akemann was sentenced by U.S. District Judge Michael W. Fitzgerald to serve 14 days in federal prison, followed by 30 days of home arrest.