AI chip startup Groq is in talks to raise a fresh $600 million at a near $6 billion valuation, according to sources familiar with the matter. The deal is not yet final, and terms could change. This potential funding round…
AI video-generating startups Luma and Runway are expanding their focus beyond movie studios. These companies are exploring new markets for future revenue streams and have reportedly been in discussions with robotics and self-driving car companies, according to The Information. While…
Sometimes a tool like a hammer comes along, and everything starts looking like a nail. But other times, new tools turn out to be more than just blunt-force objects. The investors at SOSV believe plasma will become a versatile technology…
Anthropic is close to securing a funding round of $3 billion to $5 billion, which would value the large language model developer at $170 billion. Iconiq Capital is leading this round, though a second lead investor may join. The company…
The U.K. government is reportedly backing down from its earlier demand that Apple build a secret backdoor allowing authorities access to customer data worldwide, following strong criticism from the U.S. government. However, one U.S. senator is now questioning whether other…
Google announced on Tuesday that it is rolling out Video Overviews to NotebookLM, its AI-based note-taking and research assistant. First introduced at Google I/O in May, Video Overviews allow users to transform dense multimedia content—such as raw notes, PDFs, and…
Cash App introduced a new peer-to-peer payment feature called “Pools” on Tuesday. This feature allows users to pool money with friends or family for shared expenses like groceries, restaurant bills, vacations, or group gifts. Initially available to select users, it…
Middle Eastern food delivery startup Calo announced on Tuesday that it has raised $39 million in a Series B extension led by Aljazira Capital. The funding round exceeded its original $25 million raise in December by more than 1.5 times.…
Google announced on Tuesday that it is adding new capabilities to AI Mode, its experimental feature that allows users to ask complex questions and follow-ups directly within Search. One of the new features, Canvas, helps users build study plans and…
Last week, the dating safety app Tea experienced a data breach, exposing 72,000 sensitive images. These included selfies, photo IDs used for account verification, as well as images from posts and messages. The personal data was reportedly shared by users…
