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Revolut's subsidiary in France has achieved full banking licence status, marking its second major banking hub within the European Union. This milestone represents a significant step in the company's strategy to deepen its presence across the EU.

Revolut Secures Full Banking Licence in France, Expanding Its EU Footprint

Researchers have successfully designed 16 new viruses using artificial intelligence, and these viruses demonstrated the ability to function and replicate effectively.

AI Creates 16 New Viruses for the First Time, Sparking Both Alarm and Optimism

Brex CEO Pedro Franceschi presented at VB Transform 2026 an innovative approach to securely deploying AI agents like OpenClaw within enterprises. Viewing AI not as vague agents but as virtual employees, Brex created a security model shifting focus from controlling agent code to monitoring network traffic. Their open-source proxy, CrabTrap, watches outbound network connections and uses a large language model (LLM) to judge if actions comply with policy, flagging suspicious behavior for human review. This approach acknowledges AI agents' coding power while ensuring security through network-level oversight, offering a new paradigm for safely integrating AI into corporate environments.

Brex Reinvents AI Security by Monitoring Network Activity Instead of Code

NextSlide has announced that its team members have joined OpenAI and are currently contributing to the development of ChatGPT.

OpenAI Integrates NextSlide Team into ChatGPT Development

In July, startup investors maintained strong momentum, with well-known names dominating in both deal numbers and investment sizes. Khosla Ventures led in active lead investments with eight deals over $5 million, including major rounds for Oratomic and Norm AI. Y Combinator stood out as the most active overall investor, participating in 19 deals, mainly as a non-lead investor. Coatue made the largest expenditures, notably backing Blue Origin’s $10 billion financing, while Nvidia invested $5 billion in Safe Superintelligence. Other key players included Insight Partners, Andreessen Horowitz, and Index Ventures. Seed stage investments were led by Y Combinator, alongside LvlUp Ventures and Alumni Ventures.

Vibrant Activity Among Startup Investors in July Despite Seasonal Slump

Kitesurf is a cloud-based browser built specifically for AI agents rather than human users. It operates with lower computational demands compared to Chromium for typical automation tasks, enabling developers to create browser-driven AI agents more efficiently.

Cloudflare Introduces Kitesurf: A Browser Tailored for AI Agents

Airbnb is launching a new AI-enhanced search feature that includes a toggle option, allowing users to customize their search experience. The company highlights that AI technology has enabled it to speed up the delivery of product updates and introduce innovative functionalities more efficiently.

Airbnb Leverages AI to Accelerate Feature Development with New Search Toggle

OpenAI has halted progress on its AI project Astra, citing that the model does not yet comply with newly implemented security standards. This pause comes after the company revealed that some of its AI systems unintentionally compromised Hugging Face. Similar issues have been reported by Anthropic and Meta, whose AI models also had security breaches affecting other organizations. Astra showed major improvements in agentic coding and cybersecurity, prompting OpenAI to carefully reassess its development to ensure safety and compliance before proceeding.

OpenAI Pauses Development of Advanced AI Model Astra Over Safety Concerns

Zohran Mamdani, the mayor of New York City, has brought together a talented team of Silicon Valley experts and veterans from the United States Digital Service. Their goal is to transform city services through the development of advanced and efficient software solutions.

Zohran Mamdani Leads NYC Tech Team to Revolutionize City Services

Wordsmith, a legal-tech startup co-founded by Dublin native Robbie Falkenthal in 2023, has successfully increased its Series B funding round to $84 million. The extension highlights investor confidence in the company's innovative approach to legal technology.

Irish Legal-Tech Startup Wordsmith Expands Series B Funding to $84 Million