New deep tech fund Wave Function Ventures raises $15 million

When Jamie Gull graduated from Stanford University in 2007 with a master’s degree in aeronautics, his immediate destination was the Mojave desert. He was drawn to a company called Scaled Composites, which had spent years developing experimental aircraft in that…

Amazon to resume drone delivery following crash in Arizona

Amazon will restart its drone delivery service in Arizona beginning Friday. This decision comes as two federal agencies continue to investigate a crash that occurred earlier this week. The company had suspended operations in the West Valley of the Phoenix…

OpenAI’s Sora soars to No. 3 on the US App Store

OpenAI’s Sora app for AI videos is a viral hit, even though it is currently invite-only and limited to users in the United States and Canada at launch. On its first day, Sora saw 56,000 downloads and is now ranked…

OpenAI’s Sora soars to No. 3 on the U.S. App Store

OpenAI’s Sora app for AI videos is a viral hit, despite being invite-only for now and limited to users in the U.S. and Canada at launch. On its first day, Sora saw 56,000 downloads and is now ranked as the…

Anthropic hires new CTO with focus on AI infrastructure

Anthropic has appointed a new chief technical officer, former Stripe CTO Rahul Patil. Patil started at the company earlier this week, taking over from co-founder Sam McCandlish, who will move to a new role as Chief Architect. As part of…

How startups could be affected by a prolonged government shutdown

A U.S. government shutdown could stifle deal flow, freeze visa processing for workers, and cause other problems for startups and the broader tech sector, especially if it lasts longer than a week, according to experts. This shutdown, which began Tuesday,…