Notion Capital raises $130M growth fund to tackle Europe’s follow-on gap
The growth fund is nearly twice the size of its previous one.
California Governor Newsom signs landmark AI safety bill SB 53
SB 53 requires large AI labs – including OpenAI, Anthropic, Meta, and Google DeepMind – to be transparent about safety protocols. It also ensures whistleblower protections for employees at those companies.
Frank founder Charlie Javice sentenced to 7 years in prison for defrauding JPMorgan Chase
The fintech startup had been acquired by JPMorgan Chase in 2021 for $175 million. The bank later accused Frank of lying about its customer base.
Explosion, vehicle fire rock Faraday Future’s LA headquarters
There were no injuries, but the building has been deemed unfit for occupation. Faraday’s landlord is currently trying to find a new tenant as the EV startup’s lease is expiring.
AI recruiter Alex raises $17M to automate initial job interviews
The Y Combinator startup, raised a Series A led by Peak XV Partners.
Facebook adds fan challenges, custom badges for creators
These updates show us that Meta wants fans to take Facebook more seriously as a place to engage with creators.
DeepSeek releases ‘sparse attention’ model that cuts API costs in half
Researchers at DeepSeek released a new experimental model designed to have dramatically lower inference costs when used in long-context operations.
OpenAI takes on Google, Amazon with new agentic shopping system
This type of frictionless experience has the potential to spark a new movement in how people shop online – one that moves away from search engines like Google and e-commerce platforms like Amazon towards
This French VC went from posting on YouTube to raising a $12M fund for Y Combinator startups
Venture capital is filled with investors who claim they’ve got inside access to the next big thing. Meanwhile, Gabriel Jarrosson, a French engineer-turned-YouTuber-turned-investor, has built his VC firm around a
Vibe coding Anything nabs a $100M valuation, after hitting $2M ARR in its first two weeks
Anything raised an $11 million funding round led by Footwork.