🦄 Startups & VC 10h ago

Weekly VC funding stays subdued at $115M; Prosus gets CCI nod for Navi investment

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Weekly VC funding stays subdued at $115M; Prosus gets CCI nod for Navi investment
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Dear Reader, AI investments are beginning to translate into measurable business gains, with companies reporting stronger earnings and improved operational efficiency. Santander said its AI initiatives generated €194 million ($216 million) in business value in the first nine months of 2026, while Novartis and Standard Chartered reported profitability improvements. Meta credited AI with boosting advertising revenue, while Google Cloud’s revenue more than doubled to nearly $31 billion in Q3, h

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