Dallas-based Disruptive raised $10B to invest in AI, defense, and software, doubling its AUM, and pivots from single-deal SPVs to a discretionary fund structure (Natasha Mascarenhas/Bloomberg)

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• London-based Machenta, which is building an AI model that can teach robots new physical tasks after seeing them performed just once, raised a $40M seed (Rya Jetha/Business Insider)

  Machenta, a London-based company focusing on autonomous systems, has secured a $40 million seed round to develop an AI model capable of teaching robots new physical tasks through a single performance demonstration, aiming to democratize robotics. This move aims to simplify the integration of AI-powered robots into businesses' operations.

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• World Bank's Banga: Availability of capital 'not really an issue' as AI demand drives up borrowing costs

  World Bank President Ajay Banga asserts that capital availability remains robust despite rising interest rates due to AI demand, emphasizing that the issue is not a significant concern. The World Bank's $112 billion mobilization in the past year is three times higher than three years prior, with investments focusing on infrastructure and smaller-scale AI applications in emerging markets, contrasting with developed markets' need for funding for large AI use cases. While AI is expected to be transformative, there ar…

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• Putin warns against excluding Russia from gas market, hints at Arctic deal with US

  Russian President Vladimir Putin has warned against excluding Russia from the global gas market and hinted at potential cooperation with US partners in the Arctic. Putin spoke at a summit of gas-exporting countries in Moscow on Tuesday, emphasizing Russia's openness to cooperation in the gas sector and exploring possibilities of working with US partners. He also cautioned against placing excessive emphasis on the green agenda, arguing that energy policy should account for the need to maintain reliable supplies.

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