Lachy Groom to back India startup Pronto at a $200M valuation, sources say
This round, should it occur, would double the house-help startup’s valuation in a matter of weeks.
Steve Ballmer blasts founder he backed who pleaded guilty to fraud: ‘I was duped and feel silly’
Steve Ballmer wrote a fiery letter in the sentencing of disgraced founder Joseph Sanberg documenting all the harm that’s befalling him as an investor.
Palantir is reportedly helping the IRS investigate financial crimes
The IRS has used Palantir’s software since at least 2018, The Intercept reports.
Cohere acquires, merges with German-based startup to create a ‘transatlantic AI powerhouse’
Cohere, the Canada-based AI company that makes AI tools for businesses in regulated industries, announced Friday it would merge with Aleph Alpha, a German company that also builds AI systems for businesses and
Two college kids raise a $5.1 million pre-seed to build an AI social network in iMessage
Series, a social networking app that’s grown popular on college campuses, announced a $5.1 million pre-seed round from some big names in tech.
Meta’s loss is Thinking Machines’ gain
Meta has been poaching talent from Thinking Machines Lab. But it’s a two-way street.
X-energy stock pops 27% on first day of trading following upsized IPO
Investors flocked to nuclear power startup X-energy in its first day of public trading on the Nasdaq.
ComfyUI hits $500M valuation as creators seek more control over AI-generated media
ComfyUI, whose tools give creators more control over AI image, video, and audio generation, just raised $30 million.
X launches standalone XChat app on iOS
X’s new app promises private chats, disappearing messages, audio and video calls and more.
Google to invest up to $40B in Anthropic in cash and compute
Google plans up to $40B investment in Anthropic as AI rivals race to secure massive compute capacity, following the limited release of its powerful, cybersecurity-focused Mythos model.