A new a16z report looks at which AI companies startups are actually paying for
a16z releases its first AI spending report that shows which AI-native application layer companies startups are actually spending money on .
Hackers are sending extortion emails to executives after claiming Oracle apps’ data breach
Google says hackers associated with the Clop ransomware gang are emailing executives at multiple organizations claiming to have stolen their personal information from a suite of Oracle E-Business apps.
OpenAI is the world’s most valuable private company after private stock sale
OpenAI employees sold $6.6B in shares, leading company’s valuation to jump to $500B.
Oneleet raises $33M to shake up the world of security compliance
Founder Bryan Onel says too many companies are doing the bare minimum to meet their security compliance obligations, and raised $33 million to help his customers get both compliant and secure.
Visa crackdowns are blocking students’ study-abroad dreams, so India’s Leverage Edu is rerouting them
Leverage Edu places over 10,000 students annually into universities across 11 countries.
Instagram head says company is not using your microphone to listen to you (with AI data, it won’t need to)
The idea that Meta would secretly turn on the microphones on users’ phones to record their conversations is an age-old conspiracy theory — and one that the company has disputed before.
Self-driving trucks startup Einride raises $100M
Einride raised the funds five months after founder Robert Falck left the CEO role and took over as executive chairman of the board.
OpenAI staff grapples with the company’s social media push
Current and former OpenAI researchers seem torn over how the company’s Sora app fits in with its broader mission.
Better Tomorrow Ventures closes $140M, remains bullish on fintech
The six-year-old firm’s third fund is nearly the size of it previous fund raised during the fintech boom in early 2022.
Anker offered to pay Eufy camera owners to share videos for training its AI
Hundreds of Eufy customers have donated hundreds of thousands of videos to train the company’s AI systems.