12 August 2026

Stockholm-based AI coding startup Lovable raised $400M at a $13.3B valuation, up from $6.6B in December 2025, becoming one of Europe's most valuable startups (Ben Dummett/Wall Street Journal)

Ben Dummett / Wall Street Journal:
Stockholm-based AI coding startup Lovable raised $400M at a $13.3B valuation, up from $6.6B in December 2025, becoming one of Europe's most valuable startups  —  New funding round catapults AI company into the ranks of Europe's most valuable startups  —  Artificial-intelligence startup Lovable …

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Tencent reports Q2 revenue up 11% YoY to ~$30.4B, above ~$30B est., and net income of ~$8.3B, driven by surging WeChat advertising and resilient game spending (Bloomberg)

Bloomberg:
Tencent reports Q2 revenue up 11% YoY to ~$30.4B, above ~$30B est., and net income of ~$8.3B, driven by surging WeChat advertising and resilient game spending  —  Tencent Holdings Ltd.'s revenue grew a faster-than-projected 11%, keeping up the steady pace of expansion it needs to finance …

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Sources: AI coding startup Cognition is in early talks with investors to raise $1B+ at a $40B+ valuation, after raising $1B at a $26B valuation in May (Rebecca Torrence/Bloomberg)

Rebecca Torrence / Bloomberg:
Sources: AI coding startup Cognition is in early talks with investors to raise $1B+ at a $40B+ valuation, after raising $1B at a $26B valuation in May  —  Cognition AI is in early talks with investors for a new funding round that may boost the coding startup's valuation by more than 50% …

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Some health and fitness obsessives are using AI for hyperpersonalized training, building custom dashboards and tools to analyze their sleep, workouts, and diet (Wall Street Journal)

Wall Street Journal:
Some health and fitness obsessives are using AI for hyperpersonalized training, building custom dashboards and tools to analyze their sleep, workouts, and diet  —  From marathon training to tracking office angst, health obsessives are linking their data to chatbots to build hyperpersonalized coaches

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Briter: Africa-focused startups raised $3.3B in H1 2026, up 73% YoY, driven by Zipline's $950M raise; US- and UAE-incorporated entities raised half the capital (Nduka Orjinmo/Bloomberg)

Nduka Orjinmo / Bloomberg:
Briter: Africa-focused startups raised $3.3B in H1 2026, up 73% YoY, driven by Zipline's $950M raise; US- and UAE-incorporated entities raised half the capital  —  African-focused startups are on track for a record fundraising year after investments surged in the first six months …

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