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CuspAI Ltd., a startup working to speed up material discovery, is reportedly in the process of raising a $400 million funding round. The Financial Times reported today that the term sheet has been signed but the transaction is still being finalized. According to the paper, Amazon.com Inc. founder Je
PsiQuantum has broken ground on a facility in Moreton Bay, Queensland, where it plans to build and deploy what it calls the world’s first utility-scale, fault-tolerant quantum computer. The site will eventually hold tens of thousands of photonic quantum chips cooled by one of the largest cryogenic s
Behavox has raised $175 million in preferred equity from HPS Investment Partners, the private credit firm that BlackRock acquired for $12 billion last year. The funding will go toward expanding Behavox’s unified AI compliance platform and pursuing acquisitions. It is the company’s first equity raise
The former Sequoia Capital leader is filling an "existing vacancy" on SpaceX's board, days after the company went public in the largest IPO ever.
VSCO is taking on Adobe with a new Studio Pro editing app rolling out today on iOS and coming to macOS later this year, as Bloomberg reports. At launch, the app offers tools for batch editing, style matching from a reference image, and sharing images through VSCO Galleries. VSCO says more features a
Introducing LifeSciBench, an expert-authored, expert-reviewed benchmark for evaluating how AI systems handle real-world life science research tasks and decisions.
Half of Americans now use AI chatbots, up from 33% in the summer of 2024.
Watching Christopher Nolan and his crew actually make the massive film has us even more excited than we already were.
Anthropic's tools are getting chummy with each other.
Of course, whether the administration cares about the legal basis is an open question.
Epic Games is making generative AI a big part of upcoming versions of Unreal Engine.
Tokenmaxxing was the hottest trend in Silicon Valley earlier this year, with CEOs encouraging employees to push AI usage as far as it would go. Then the bill came due. Uber reportedly blew through its annual AI budget in a few months, some companies cut Claude licenses for parts of their org, and Me
Allbirds, the sustainable footwear company that went public at a $4.1 billion valuation in 2021, has officially renamed itself Smartbird and appointed a new chief executive to lead its pivot into AI compute. Shares surged more than 50% on Wednesday morning before pulling back. The rebrand completes
Anthropic CEO Dario Amodei and Google DeepMind’s Demis Hassabis used a closed-door lunch at the G7 summit on Wednesday to call for a US-led coalition that would shape international rules and standards for artificial intelligence, according to two people with knowledge of the discussions who spoke to
A new FTC lawsuit reveals how sophisticated subscription app operators can allegedly use shell companies and payment infrastructure to stay active on app stores despite mounting consumer complaints.
France’s Parliament adopted a bill on Tuesday that dismantles the monopoly Électricité de France has held over the country’s hydropower market for decades, according to Bloomberg. The law converts EDF’s hydropower concessions into permits and requires the state-owned utility to auction 6 gigawatts o
Tokenmaxxing was the hottest trend in Silicon Valley earlier this year, with CEOs encouraging employees to push AI usage as far as it would go. Then the bill came due. Uber reportedly blew through its annual AI budget in a few months, some companies cut Claude licenses for parts of their org, and Me
Apple investors are losing patience with the company’s AI strategy. The stock is coming off its worst week since February after the annual Worldwide Developers Conference failed to convince Wall Street that a long-promised upgrade cycle is any closer to arriving. “There’s a bit of fatigue with Apple
Snap's long awaited smart glasses debut hasn't exactly done wonders for the company's stock.
NVIDIA’s self-improvement program for robots enlists teams of AI coding agents.
