Ramp hits $22.5B valuation just 45 days after reaching $16B

Eric Glyman, co-founder and CEO of expense management startup Ramp, announced on Wednesday a fresh $500 million raise at a $22.5 billion post-money valuation. This new round was led by Iconiq Growth, with participation from Founders Fund and D1 Capital…

AIR lands $23M to bring its eVTOLs to the US

The growing geopolitical tensions and rising defense budgets are pushing many electric vertical takeoff and landing (eVTOL) manufacturers to adopt a dual strategy: developing crewed aircraft for personal or commercial taxi use and uncrewed models for logistics and defense applications.…

YouTube loosens profanity rules for monetized videos

YouTube is adjusting its profanity rules to allow creators to monetize videos containing swearing, as long as the profanity is limited to the first seven seconds of the video. In November 2022, YouTube updated its policies, making creators ineligible for…

PlayerZero raises $15M to prevent AI agents from shipping buggy code

Silicon Valley is racing toward a future where AI agents handle most software programming, but this shift brings a new challenge: identifying AI-generated bugs before they reach production. Even OpenAI has faced such issues, as described by a former employee.…

Google says it will sign EU’s AI code of practice

Google has confirmed it will sign the European Union’s general-purpose AI code of practice, a voluntary framework designed to help AI developers align with the bloc’s AI Act. This decision comes after Meta recently refused to sign the code, labeling…