When Nigel Morris expresses concern about the economy, it is wise to listen. As the co-founder of Capital One, Morris pioneered lending to subprime borrowers and built an empire by understanding the financial stress the average American can handle. Now,…

The death of a neighborhood bodega cat named Kit Kat has shaken San Francisco’s Mission District. After Kit Kat was run over by a Waymo robotaxi on the evening of October 27, locals created a shrine to memorialize him. The…

Flatpay, which facilitates card payments for small and medium businesses, has joined the ranks of European fintech unicorns. This term refers to startups valued at more than one billion dollars. This milestone has driven some of the region’s biggest exits,…

While U.S. giants like Google, OpenAI, and Anthropic race to develop the large language models for their AI products, startups such as Sakana AI, Mistral AI, DeepSeek, and AI21 Labs are carving out their own niche. These companies are creating…

South Korea’s major defense companies have accumulated approximately 69 billion dollars in order backlogs as of late 2024. The country is accelerating its investment in advanced weapons systems and expanding its defense partnerships, particularly with Europe. Following the new EU-South…

A Russian telecom company known as Protei, which develops technology enabling phone and internet providers to conduct web surveillance and censorship, was hacked. The breach involved the defacement of its website and the theft of data from its servers. Protei…

On Monday, a new Model Context Protocol security startup called Runlayer launched out of stealth with eleven million dollars in seed funding from Khosla Ventures’ Keith Rabois and Felicis. It was created by third-time founder Andrew Berman, whose previous companies…

Three years ago, Joe Fioti was working on chip design at Intel when he had a realization. He saw that while he was focused on creating the best chips, the more significant bottleneck was actually in the software. He understood…

Amazon’s founder Jeff Bezos is once again taking a hands-on role in a new venture. He is partially backing a new artificial intelligence startup named Project Prometheus, which has raised $6.2 billion in funding. Bezos will also serve as co-chief…

If you pay attention to the biggest tech companies discussing AI demand, you will notice a common theme: they are running short of compute capacity. This means the large language models that underpin today’s AI products require even more data…