Tech
EXA Infrastructure raises over €1bn to support digital infra boom | Computer Weekly
Digital infrastructure platform EXA Infrastructure has refinanced its existing facilities and raised financing that totals over €1.3bn.
A London-based portfolio company of global infrastructure investment manager I Squared Capital, EXA Infrastructure provides critical modern infrastructure and engineering expertise to serve as the backbone for digital and economic growth. This includes networks for governments and enterprises; hyperscale infrastructure for global businesses; and ultra-low latency, high bandwidth networks for financial, gaming and broadcast services.
The company owns 155,000km of fibre network across 37 countries, including six transatlantic cables, and claims the lowest latency link between Europe and North America, EXA Express. More than 65,000km of the network is 400G-enabled, offering further scalability and ensuring ultra-low latency and high-bandwidth connectivity across continents.
The facility is structured over seven years and, said EXA Infrastructure CEO Jim Fagan, gives the company “an unrivalled ability” to continue investing in its network, at a time when its customers need growing amounts of capacity across more routes to handle an evolving set of applications and demands.
“Our recent investments have already shown our strategic focus, and with this refinancing, EXA Infrastructure is firmly positioned to lead in network and digital infrastructure throughout Europe and across the Atlantic,” he said.
The refinancing was supported by lenders including MUFG Bank, DNB, Banco Santander, Landesbank Baden-Wuerttemberg, Lloyds Bank, Nord/LB, Goldman Sachs International Bank, NatWest, Kookmin Bank London Branch, Woori Bank London Branch, NIBC Bank, funds managed by Allianz Global Investors and funds managed by Edmond de Rothschild Asset Management.
“We’re proud to have the support of such high-calibre lenders and institutions who understand not only our business, but also the wider digital infrastructure landscape,” added EXA Infrastructure chief financial officer Kate Hennessy. “Such strong demand for the facility underscores market confidence in our strategy and reaffirms our desire to pursue our next stage of growth with conviction.”
The funding follows EXA’s acquisition at the beginning of 2025 of Aqua Comms, the owner and operator of America Europe Connect-1 (AEC-1), America Europe Connect-2 (AEC-2), CeltixConnect-1 (CC-1) and CeltixConnect-2 (CC-2), and is part of a consortium that owns and operates the Amitié cable system (AEC-3).
In July 2025, EXA Infrastructure claimed a “milestone” for robust connectivity options in Europe, including the first new subsea cable on the North Sea corridor in 25 years, with deployment of a fibre route connecting London to Frankfurt, Amsterdam and Brussels.
The 1,200km route includes 1,085km of low-loss G.652D terrestrial fibre for end-to-end connectivity, and a 115km subsea build from Margate in the UK to Ostend in Belgium, utilising ultra-low-loss G.654C cable.
The year has also seen the deployment of the first new subsea cable across the Red Sea in 25 years, as well as the largest fibre backbone deployment in Central Europe.
Tech
AI-Designed Drugs by a DeepMind Spinoff Are Headed to Human Trials
Google DeepMind’s AlphaFold has already revolutionized scientists’ understanding of proteins. Now, the ability of the platform to design safe and effective drugs is about to be put to the test.
Isomorphic Labs, the UK-based biotech spinoff of Google DeepMind, will soon begin human trials of drugs designed by its Nobel Prize–winning AI technology. “We’re gearing up to go into the clinic,” Isomorphic Labs president Max Jaderberg said on April 16 at WIRED Health in London. “It’s going to be a very exciting moment as we go into clinical trials and start seeing the efficacy of these molecules.”
Jaderberg did not elaborate on the timeline, but it’s later than the company had planned to initiate human studies. Last year, CEO Demis Hassabis said it would have AI-designed drugs in clinical trials by the end of 2025.
Isomorphic Labs was founded in 2021 as a spinoff from Alphabet’s AI research subsidiary, Google DeepMind. The company uses DeepMind’s AlphaFold, a groundbreaking AI platform that predicts protein structures, for drug discovery.
Built from 20 different amino acids, proteins are essential for all living organisms. Long strings of amino acids link together and fold up to make a protein’s three-dimensional structure, which dictates the protein’s function. Researchers had tried to predict protein structures since the 1970s, but this was a painstaking process given the astronomically high number of possible shapes a protein chain can take.
That changed in 2020, when DeepMind’s Hassabis and John Jumper presented stunning results from AlphaFold 2, which uses deep-learning techniques. A year later, the company released an open-source version of AlphaFold available to anyone.
In 2024, DeepMind and Isomorphic Labs released AlphaFold 3, which advanced scientists’ understanding of proteins even further. It moved beyond modeling proteins in isolation to predicting other important molecules, such as DNA and RNA, and their interactions with proteins.
“This is exactly what you need for drug discovery: You need to see how a small molecule is going to bind to a drug, how strongly, and also what else it might bind to,” Hassabis told WIRED at the time.
Since its release, the AlphaFold platform has been able to predict the structure of virtually all the 200 million proteins known to researchers and has been used by more than 2 million people from 190 countries. The breakthrough earned Hassabis and Jumper the Nobel Prize for chemistry in 2024, with the Nobel committee noting that AlphaFold has enabled a number of scientific applications, including a better understanding of antibiotic resistance and the creation of images of enzymes that can decompose plastic.
Earlier this year, Isomorphic Labs announced an even more powerful tool, what it calls IsoDDE, its proprietary drug-design engine. In a technical paper, the company touts that the platform more than doubles the accuracy of AlphaFold 3.
The startup has formed partnerships with Eli Lilly and Novartis to work together on AI drug discovery and is also advancing its own “broad and exciting pipeline of new medicines” in oncology and immunology, Jaderberg said.
“The exciting thing about the molecules that we’re designing is because we have so much more of an understanding about how these molecules work, we’ve engineered them to be very, very potent,” Jaderberg told the audience at WIRED Health. “You can take them at a much lower dose, and they’ll have lower side effects, off target effects.”
Last year, Isomorphic appointed a chief medical officer and announced it had raised $600 million in its first funding round to gear up for clinical trials. Meanwhile, the company has been building a clinical development team. Its mission is to “solve all disease.”
“It’s a crazy mission,” Jaderberg said. “But we really mean it. We say it with a straight face, because we believe this should be possible.”
Tech
Why Do I Like Dyson’s PencilVac So Much?
The vacuum connects to Dyson’s app, where you’ll find resources such as how to empty the dustbin and wash the filter, but not much else. It can tell you how long your last vacuuming session was, but no other details, so it’s not as interesting or as informative as the data you’d get from a robot vacuum.
Fluffy Face
Photograph: Nena Farrell
Photograph: Nena Farrell
This vacuum’s full name is the Dyson PencilVac Fluffycones, aptly named for the four fluffy cones inside the vacuum head. Dyson’s previous recent stick vacuums all have the Fluffy Optic cleaner head for vacuuming hard floors. While both have a fluffy roller bar, the Fluffycones have a conical shape that Dyson says will detangle and remove hair rather than the hair getting stuck all around it. It did detangle hair for me, but when I vacuumed up larger portions of hair from my bathroom floor (a place where many a stray hair comes to die at the hands of my hairbrush, comb, and towel), it actually bunched up the hair into a ball and spat it back out a few times before finally sucking it up into the dustbin.
Video: Nena Farrell
While the hair results weren’t great, I did love this vacuum for sucking up the cat litter that constantly plagues my home. It did a great job with flour on my hard floors and a solid job with dry oats, but it occasionally just bumped the oats around instead of immediately sucking them up. I was even able to quickly run it over the top of my carpet, but rolling back and forth on the carpet a bunch did stop the cones.
The head is designed to move in just about any direction. The cones make it easy to swivel around, and the green illuminating lights on the front and back help you spot any debris you might otherwise miss. With its compact size that fits in tricky corners, the PencilVac finally lets me vacuum up all the litter around the base of my toilet and pedestal sink. It’s part of what makes me reach for this vacuum over and over, even after my robot vacuum cleaned the day before.
Forward Momentum
Photograph: Nena Farrell
Do I think this vacuum replaces Dyson’s existing cordless options? No. But Dyson has other new vacuums planned that could do that. This vacuum has a specific design for a specific use: smaller homes with entirely hard floors. There’s an accessibility opportunity here, too. This lightweight vacuum can be much easier to use for folks with mobility and strength restrictions. The magnetic charging base also makes it easy to store and access for a variety of people, whether they struggle with fine motor skills or can’t bend over and grab the vacuum.
Tech
They Wanted to Join Raya. They’ve Been on the Waiting List for Years
There is a special agony to existing in limbo, that state of eternal in-between, where time stretches into infinity.
Today, that experience is especially true for people vying to join Raya, the members-only dating app. Obtaining a Raya account requires an invitation from a current member, and even after you’ve applied, you can’t log in until your application is approved. The process creates a bottleneck akin to the line outside a nightclub, where the chosen few breeze inside while the rest are left to wait. Beyond the velvet rope there are some 2.5 million people waiting to get into Raya—many of whom have been idling in limbo for years.
“My application is stuck in purgatory,” Gabriela Mark, a 23-year-old law student and model in San Diego, tells WIRED. “Like, she’s never escaping.”
Mark has been on the waiting list for five years. “I don’t know what their deal is, but there’s a reason I’m trapped on this waitlist and I needed to find out what it was.” In January, having reached her limit, she decided to email Raya. “I am beginning to believe you guys genuinely hate me or are bullying me,” Mark wrote in a colorfully worded letter. “Is my application just floating in the abyss somewhere or a running gag to you guys???”
Mark never received a response, but her story is an increasingly common one. The people WIRED spoke to for this story—who, despite their professional bona fides, have waited anywhere between two and seven years to join—have watched friends get accepted, break up, and cycle through the app while their own status remains unchanged.
Originally marketed as a kind of SoHo House for people in creative industries, Raya launched in 2015 as an app built around aspiration—but it has since shifted into a platform where many people in those industries find themselves unable to participate at all.
“It’s a bit of a mental fuck,” says Jennifer Rojas, who was working as an actress when she applied in 2020. “You start to look inward. Like, maybe it’s me. Maybe it’s this or that. I was opening it every day to check my status.” Now a 40-year-old UGC creator in South Florida, Rojas is going on year six of the waiting list. “I have 17 referrals on the freaking app.”
There is not an exact science to making it past the waiting list. According to previous reporting, the app—which charges users $25 per month, or $50 for a premium membership once approved—receives up to 100,000 applications per month. For prospective users, the biggest advantage comes from referrals by current members, who each get a small stash of “friend passes” to share. list isn’t first-come, first-served, which partially explains why some people have been on it for so long. It changes based on things like how trendy your city is on the app or whether you’ve snagged a referral.
(Raya declined to comment. After an initial call with Raya’s communications team about scheduling an interview with Ifeoma Ojukwi, the vice president of global memberships who oversees the application process, the company stopped responding to requests from WIRED. As is common in online dating, we were ghosted.)
Like so many people who want in, Raya’s exclusivity initially appealed to Mark. She wanted to join because she’d heard it was full of “cool people who seem untouchable.” Reputationally known as the celebrity dating app, everyone from actors Dakota Fanning and Channing Tatum to Olympian Simone Biles have had varying degrees of success on the platform. (Biles met her husband on Raya.) Mark had tried her luck on the app circuit: Hinge was “just OK.” With Tinder she kept running into guys that “just seemed like they wanted to literally bone anything with a hole in it.” As for the other ones, “nothing but trap boys and creatures,” she says.
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