Elon Musk donated $288 million to Trump’s 2024 election campaign, but now the tech mogul is calling for Trump’s impeachment.
Circle IPO soars, giving hope to more startups waiting to go public
The USDC stablecoin issuer ended its first trading day at a 167% jump from its $31 IPO price.
Cursor’s Anysphere nabs $9.9B valuation, soars past $500M ARR
The massive round is Anysphere’s third fundraise in less than a year. The 3-year-old startup secured its previous capital haul of $100 million at a pre-money valuation of $2.5 billion late last year.
Court denies Apple’s request to pause ruling on App Store payment fees
A U.S. court denied Apple a stay on a ruling that requires the company to stop charging developers for payments made outside the App Store through links in apps.
Hugging Face says its new robotics model is so efficient it can run on a MacBook
AI dev platform Hugging Face released an open AI model for robotics called SmolVLA, which the company claims outperforms much larger models for robotics in both virtual and real-world environments.
iOS 19: All the rumored changes Apple could be bringing to its new operating system
As Apple prepares to unveil iOS 19 at WWDC 2025 on Monday, several rumors have surfaced, including a potential new name for the operating system, an entirely new design inspired by the Vision Pro, and more. Here’s a roundup of the most notable features rumored to be coming to iOS 19. New name Sources […]
North America takes the bulk of AI VC investments, despite tough political environment
Despite what some experts have characterized as an environment increasingly hostile to AI R&D, North America continues to receive the bulk of AI venture dollars, according to data from investment tracker PitchBook. Between February and May of this year, VCs poured $69.7 billion into North America-based AI and machine learning startups across 1,528 deals. That’s […]
Alphabet CEO Sundar Pichai dismisses AI job fears, emphasizes expansion plans
In a Bloomberg interview Wednesday night in downtown San Francisco, Alphabet CEO Sundar Pichai pushed back against concerns that AI could eventually make half the company’s 180,000-person workforce redundant. Instead, Pichai stressed the company’s commitment to growth through at least next year. “I expect we will grow from our current engineering phase even into next […]
Profitable African fintech PalmPay is in talks to raise as much as $100M
PalmPay, an African digital bank fintech, is in talks to raise between $50 million and $100 million in a Series B round, according to multiple sources familiar with the matter. It’s unclear what valuation it hopes to get, but its last round, in 2021, ranked it among the continent’s most valuable startups, estimated just shy […]
Google places another fusion power bet on TAE Technologies
TAE Technologies raised $150 million from investors including Google, Chevron, and others.