Wayve’s self-driving technology has attracted a diverse set of investors in the company’s latest funding round, which raised $1.2 billion. The investors include three automakers, top venture and institutional firms, and returning backers Microsoft, Nvidia, and Uber. The U.K. startup…
MatX, a chip startup founded by two former Google hardware engineers, has raised a $500 million Series B funding round. The investment was led by Jane Street and Situational Awareness, an investment fund formed by former OpenAI researcher Leopold Aschenbrenner.…
Consumers likely think of Uber as a ride-hailing and food delivery company. But according to CEO Dara Khosrowshahi, Uber is fundamentally a giant code base, and its engineers are the true builders of the company. In fact, Uber’s engineers have…
Apple is launching new tools to comply with the growing number of age-verification laws in the U.S. and abroad. As part of these changes, Apple will block the downloads of apps rated 18+ in Brazil, Australia, and Singapore. The company…
Large language models have a problem: they are large. Multiverse Computing, a Spanish startup, is addressing this issue with compressed models that aim to close the gap between what frontier models can do and what companies can actually afford to…
Anthropic has until Friday evening to grant the U.S. military unrestricted access to its AI model or face consequences, according to reports. Defense Secretary Pete Hegseth delivered this ultimatum to Anthropic CEO Dario Amodei in a meeting Tuesday morning. The…
Automotive marketplace CarGurus experienced a data breach that resulted in the theft of customer information. The compromised data includes names, email addresses, phone numbers, and physical addresses for millions of customers. According to the data notification site Have I Been…
Google announced on Tuesday that it will build a data center in Minnesota backed by 1.9 gigawatts of clean power. This project includes a massive 300-megawatt battery made by startup Form Energy. The new data center, Google’s first in Minnesota,…
Peter Williams, a former U.S. defense contractor executive, was sentenced on Tuesday to seven years in prison. He was convicted of stealing and selling his former company’s hacking and surveillance tools to a Russian firm. Reporters with Bloomberg and Cyberscoop…
Stripe is considering a deal to purchase some or all of PayPal Holdings, according to sources. Talks are in very early stages and may not result in an agreement. This news coincides with the release of Stripe’s annual letter, which…
