Female-founded semiconductor AI startup SixSense raises $8.5M
SixSense offers an AI-powered platform that helps chip makers prevent defects. It landed backing led by Peak XV’s Surge (formerly Sequoia India & SEA).
Reddit revenue soars as it bets on AI and advertising
Reddit reported its Q2 earnings, and it’s clear that its focus on AI has ramped up significantly.
Apple has now sold 3 billion iPhones
The rate of iPhone sales growth has accelerated too. This uptick in sales might be temporary, though.
Apple plans to ‘significantly’ grow AI investments, Cook says
Apple is open to M&A to accelerate its AI strategy, and says it’s made seven acquisitions this year so far.
Iconiq’s Will Griffith explains how his firm celebrated Figma’s IPO and why investors sold shares
Will Griffith is a seed investor in Figma. Investors didn’t want to sell millions of shares. He explains why they did it anyway.
Enterprises prefer Anthropic’s AI models over anyone else’s, including OpenAI’s
Anthropic holds 32% of enterprise LLM market share by usage. This is a sharp reversal from just two years ago when OpenAI held 50%.
Twitter’s former Trust and Safety head details the challenges facing decentralized social platforms
Yoel Roth shares concerns about the open social web’s ability to combat misinformation, spam, and other illegal content.
The sequel to ‘The Social Network’ may have just found its lead actors
While the 2010 original film focused on Mark Zuckerberg’s rise, “Social Network Part II” is said to draw from Jeff Horwitz’s “The Facebook Files,” which exposed Facebook’s harmful effects on teens
Your public ChatGPT queries are getting indexed by Google and other search engines
Search engines are indexing links to ChatGPT conversations that have been made sharable with a link.
Figma’s stock soars in its highly anticipated IPO, market cap instantly hits $45B
There has been so much demand for this stock that people on X are posting funny pictures of their orders being fulfilled.