Iconiq VCs spent two years courting Chime and the firm isn’t selling its stake
Iconiq pursued Chime because the founders were focused, and didn’t get distracted by “shiny new objects.”
Scale AI confirms ‘significant’ investment from Meta, says CEO Alexanr Wang is leaving
Data-labeling firm Scale AI confirmed on Friday that it has received a “significant” investment from Meta that values the startup at $29 billion.
After a string of successes, early-stage fund Felicis raises fresh $900M
Lately, Felicis, like most VCs, has been all over AI. Its portfolio now includes, for example, Browser Use, Poolside, Runway, and Supabase.
Bluesky backlash misses the point
Not only is Bluesky more than just a Twitter/X alternative, it’s just one app in a wider social ecosystem built on open technology.
The Meta AI app is a privacy disaster
It sounds like the start of a 21st century horror film: Your browser history has been public all along, and you had no idea. That’s basically what it feels like right now on the new standalone Meta AI app, where
Meta teams with XGS Energy to build a 150 MW geothermal power plant
XGS Energy will build the new power plant in New Mexico.
Tesla sues former Optimus engineer over alleged trade secret theft
Tesla alleges that Zhongjie Li stole confidential trade secrets and used them to launch a robotics startup a week after he left Tesla.
Google Cloud outage brings down a lot of the internet
Large swaths of the internet went down on Thursday, affecting a range of services, from global cloud platform Cloudflare to popular apps like Spotify. It appears that a Google Cloud outage is at root of these other
a16z-backed Infinite Machine shows off cheaper, modular electric scooter
The Olto is the newest entry into the always-churning market for electric two-wheelers, and it will cost $3,495.
Hotel management platform Canary nabs $80M Series D from YC, Insight Partners
Canary offers a product suite that encompasses every part of the guest journey, from booking to departure. The company offers services that let hotel guests check in on mobile devices or text the front desk for