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Snap says its $400M deal with Perplexity ‘amicably ended’
The deal, announced last November, would have seen Perplexity's AI search engine integrated directly into Snapchat.
Is xAI a neocloud now?
xAI's real business may be more about building data centers than training AI models.
Insurance startup Corgi hits $1.3B valuation 4 months after its Series A
Corgi announced on Wednesday a $160 million Series B, led by TCV, valuing the startup at $1.3 billion.
Microsoft’s AI data center push is colliding with its clean power goals
The push for new data centers at Microsoft is putting its key clean power goals at risk.
Robinhood’s venture fund IPO attracted 150,000+ retail investors, CEO says
Robinhood CEO Vlad Tenev says more than 150,000 retail investors joined the fintech’s new venture fund, which offers exposure to private tech companies like OpenAI, …
How Elon Musk left OpenAI, according to Greg Brockman
Cutthroat negotiations between startup founders are rarely shared so publicly, especially when a company becomes as world-changing as OpenAI.
DOJ says ransomware gang tapped into Russian government databases
U.S. prosecutors said a ransomware gang fueled Russian government corruption, and allowed the gang's leaders to avoid paying taxes and dodge the country's military draft.
AI evaluation startup Braintrust confirms breach, tells every customer to rotate sensitive …
Braintrust, a startup that makes an “operating system for engineers building AI software,” notified customers that hackers broke into one of its Amazon cloud environments, …
SpaceX may spend up to $119B on ‘Terafab’ chip factory in Texas
The project would be a "multi-phase, next-generation, vertically integrated semiconductor manufacturing and advanced computing fabrication facility," according to the proposal.
DeepSeek could hit $45B valuation from its first investment round
The Chinese AI lab came to prominence in early 2025 after launching a large language model that trained on a fraction of the compute power …
Chrome on Android now supports approximate instead of precise location sharing
The new feature is a small win for Android users, as it gives them more control over how much location data they share with websites.
Google updates AI search to include quotes from Reddit and other sources
While citing web forums and discussion boards can help users find answers to more niche queries, this design choice could also prove chaotic.
Khosla-backed robotics startup Genesis AI has gone full stack, demo shows
Genesis AI, a startup that raised a $105 million seed round to build foundational AI for robotics, has unveiled its first model, GENE-26.5, but also …
Tinder owner Match Group is slowing hiring to pay for its increased …
Match Group said that it's slowing its hiring plans for the rest of the year because AI tools "cost a lot of money."
Apple to pay $250M to settle lawsuit over Siri’s delayed AI features
Apple has agreed to pay $250 million to settle a class action lawsuit for overpromising the arrival of Siri's AI features.
Ethos raises $22.75M from a16z for its expert network with voice onboarding
Ethos says it is onboarding 35,000 experts per week.
Aurora lands McLane deal to run driverless truck routes in Texas
Aurora said it plans to expand to new routes between McLane distribution centers across the U.S. Sun Belt by the end of 2026.
Peter Sarlin’s QuTwo reaches $380M valuation in angel round
QyTw0, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately $380 million) after raising …
Marc Lore says that AI will soon enable anyone open a restaurant
Wonder wants to turn its robotic kitchens into AI-powered “restaurant factories,” letting anyone spin up a virtual food brand with a prompt.
Nuro receives driverless testing permit ahead of Uber robotaxi service launch
The Silicon Valley AV startup has not started driverless testing yet.
SAP bets $1.16B on 18-month-old German AI lab and says yes to …
SAP plans to buy German AI startup Prior Labs and invest heavily in it. It is also prohibiting customers' agents use to a select few …
Bumble’s paying users are slipping as it bets on an overhaul later …
The company is making a big bet that the swiping model is outdated and most matches never turn into actual dates. The company wants to …
Altara secures $7M to bridge the data gap that’s slowing down physical …
Altara’s AI aims to diagnose failures and help speed up R&D by unifying data siloed across spreadsheets and legacy systems.
Lucid Motors doesn’t know how many EVs it will build this year
Lucid Motors pulled its guidance for the year, as it navigates swelling inventory and a companywide cost-cutting measure.
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