Accel raises $5B to back late-stage bets
Accel announced on Tuesday that it raised $5 billion in fresh capital to back late-stage companies building AI.
India’s vibe-coding startup Emergent enters OpenClaw-like AI agent space
Emergent’s Wingman lets users manage and automate tasks through chat on platforms like WhatsApp and Telegram.
Aloe Blacc’s fame means nothing in biotech (and that’s the point)
When Grammy-nominated singer-songwriter Aloe Blacc got COVID despite being vaccinated and boosted, he tried to fund research for a better solution. What he quickly found out? You can’t just write a check in biotech.
This Khosla-backed autonomous pod startup just raised $170M — now it’s aiming for more
Glydways is in talks to raise another $250 million as it prepares to launch three pilot programs.
Motorola sues social platforms and creators over posts, raising speech concerns in India
Motorola is suing dozens of content creators and social media platforms including Instagram, X, and YouTube over posts it alleges are defamatory.
Airwallex is about to take on Stripe and the rest of the payments industry — in the physical world
Airwallex, valued at $8 billion, is launching a point-of-sale product that lets businesses accept in-person payments in multiple countries via a single platform.
Anthropic shrugs off VC funding offers valuing it at $800B+, for now
VCs are frothing at the mouth to write more checks to Anthropic at a valuation that matches or beats OpenAI’s.
After sale of its shoe business, Allbirds pivots to AI
Allbirds is ditching wool sneakers for AI servers, rebranding as NewBird AI after locking in a $50M convertible financing facility.
Sweden blames Russian hackers for attempting ‘destructive’ cyberattack on thermal plant
Sweden’s minister for civil defense said Russian hackers are “now attempting destructive cyber attacks against organizations in Europe.”
Snap is cutting 1,000 jobs, 16% of its workforce
The company cites advancements in AI for the cuts.