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The US OCC denies Dutch fintech Bunq's application for a national bank charter, citing the need for more clarity on its business plan to expand in the US
(
www.bloomberg.com
)
14 days ago
Fintech
Netherlands
Sources: Situational Awareness invested $500M, including $400M this week, into Source Foundry, a startup that plans to develop new AI chip manufacturing tools
(
www.wsj.com
)
14 days ago
Startup
AI
Manufacturing
A new AI model reveals the volume of the world's glaciers
(
www.eurekalert.org
)
14 days ago
AI
'Asimov Was Right' About Rules For Robots, Says Ex-US Cyber Director
(
it.slashdot.org
)
14 days ago
Robot
Sources: Cursor told staff on Thursday that SpaceX could complete its $60B acquisition as soon as next week and the Cursor brand name will likely be phased out
(
www.theinformation.com
)
14 days ago
SpaceX
Sources: legal AI startup Harvey is in talks to raise $500M+ at a $15.5B valuation, up from $11B in March, and is generating $350M+ in annualized revenue
(
www.theinformation.com
)
14 days ago
Startup
AI
Cloudflare debuts Kitesurf, a cloud-hosted browser for AI agents built on top of its Workers serverless service, available for free while in beta in Browser Run
(
techcrunch.com
)
14 days ago
AI
Browser
Singapore-based Multiplier, which acquires accounting firms to boost their growth with AI tools, raised a $35M Series B led by TheGP at a $300M valuation
(
www.wsj.com
)
14 days ago
AI
Singapore
Trump Orders New 15% Tariff On Key Material For Solar Panels, Microchips
(
yro.slashdot.org
)
14 days ago
Trump
Solar
AMD Buys AI Chip Startup Taalas That Hardwires AI Models Into Its Silicon
(
hardware.slashdot.org
)
14 days ago
Startup
AI
AMD
Singapore-based AI infrastructure startup Acrab raised a $130M Series B, bringing its total funding to more than $480M
(
www.dealstreetasia.com
)
14 days ago
Startup
AI
Singapore
Ad measurement company VideoAmp laid off ~20% of staff this week, citing AI as a “major platform shift”; sources: 50-60 employees were cut, including its CTO
(
www.wsj.com
)
14 days ago
AI
At Black Hat, OpenAI reconstructs the OpenAI-Hugging Face incident and examines its implications for AI security, cyber resilience, and alignment
(
www.youtube.com
)
14 days ago
AI
Upgrade your AI skills for $25 with this five-course bundle
(
www.bleepingcomputer.com
)
14 days ago
AI
Pokémon princess, 20, with £90 MILLION collection poses for glamorous photoshoot as she denies being 'fake AI' and reveals how she gathered so many valuable cards
(
www.dailymail.co.uk
)
14 days ago
AI
Athens-based Omilia, which builds self-learning AI agents that work across different customer contact points, raised a $67M Series B led by Expedition Growth
(
techcrunch.com
)
14 days ago
AI
Sources: the US Commerce Department's BIS is reviewing how Chinese AI companies access Nvidia chips overseas, including by legally renting foreign data centers
(
www.bloomberg.com
)
14 days ago
China
AI
Nvidia
Atlassian CEO Mike Cannon-Brookes says he will buy $250M of company shares after strong Q4 results eased fears that AI could threaten its business model
(
www.ft.com
)
14 days ago
AI
4Q
Atlassian
Sources: Google's AI shakeup is a seismic shift in the works for months and cements Sergey Brin's influence, after execs became frustrated with Demis Hassabis
(
www.ft.com
)
14 days ago
Google
AI
Filing: ex-a16z partner Bryan Kim is forming venture firm Mido Capital; sources: he plans to raise ~$100M for a fund backing early-stage AI and other startups
(
www.wsj.com
)
14 days ago
Startup
AI
The drone age demands a new theory of military protection
(
www.aspistrategist.org.au
)
15 days ago
Drone
Sources: ByteDance is pre-training an AI model with up to 10T parameters, roughly 3x Kimi K3 and potentially larger than estimates for Anthropic's Mythos 5
(
www.ft.com
)
15 days ago
AI
Scientists Make First Viruses Designed By AI
(
science.slashdot.org
)
15 days ago
AI
Naïve, which provides infrastructure for AI agents to handle most business operations, raised a $28.5M Series A led by Nexus, bringing its total funding to $32M
(
techcrunch.com
)
15 days ago
AI
Sydney-based AI data center company Firmus raised $2B in funding from Coatue, Nvidia, and others at a $10.5B post-money valuation, up from $5.5B in April
(
www.reuters.com
)
15 days ago
AI
Nvidia
Sydney
A profile of DDN, a managed data storage company whose annual revenue is expected to grow from $300M pre-AI boom to $1B by year's end, fueled by AI partnerships
(
www.forbes.com
)
15 days ago
AI
We Asked AI For An Opinion Piece On ScoMo Forcing A By-Election On Voters. Computer Says No.
(
newmatilda.com
)
15 days ago
AI
Sources: Canva slashed revenue growth forecast as heavy use of new AI features drove up costs and slowed their rollout, while more Canva users turned to ChatGPT
(
www.theinformation.com
)
15 days ago
AI
Gravity, which places text-based ads within AI chatbots, raised a $30.5M Series A co-led by Lightspeed and Committed, taking its total funding to $38.5M
(
www.businessinsider.com
)
15 days ago
AI
chatbot
Docs: US data labeling companies, like Surge AI and Mercor, that sell training datasets to US AI labs and the government are also selling them to Chinese labs
(
www.forbes.com
)
15 days ago
China
AI
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