| Elon Musk / @elonmusk: |
| Bloomberg: |
The US CFTC staff describe chaos, cutbacks, and an atmosphere of resentment and paranoia as the agency prepares to take on new crypto regulatory duties — The Commodity Futures Trading Commission is poised to take on vast new responsibilities. Staff describe chaos, cutbacks and an atmosphere of resentment and paranoia.| Lane Florsheim / Wall Street Journal: |
How Raya, a privately held dating app with a waitlist of 2.5M people, found success through its rigorous user selection process and Fight Club-style rules — The privately held company has attracted an A-list clientele and even gotten Gen Z onboard with online dating.| Mike Allen / Axios: |
Airbnb co-founder Joe Gebbia, named by Trump as the first US chief design officer, says he wants to update federal websites to an “Apple Store-like experience” — Joe Gebbia — a co-founder of Airbnb who was named by President Trump this week to be the first U.S. chief design officer … | New York Times: |
Some lawyers and bankers say the Intel deal may face legal challenges as the CHIPS Act may not allow the US government to convert grants into equity — The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 financial crisis.| Wall Street Journal: |
| Reuters: |
| Rick Whiting / CRN: |
Tel Aviv-based Seemplicity, whose AI-based tech automates enterprise vulnerability and exposure management, raised a $50M Series B led by Sienna Venture Capital — Remediation operations startup Seemplicity has raised $50M in a Series B funding round.| Meir Orbach / CTech: |
AI infrastructure company Crusoe acquires Israeli startup Atero, whose tech optimizes GPUs for AI workloads, in a cash and stock deal estimated at ~$150M — The US AI infrastructure company is acquiring the GPU management firm in a cash-and-stock deal. 25 Atero employees will become the company's development center in Israel.| Beth Rose / BBC: |
How AI tools from ElevenLabs and others were used to recreate a woman's voice, lost to motor neuron disease, from just eight seconds of audio on a VHS tape — “After such a long time, I couldn't really remember my voice,” Sarah Ezekiel tells BBC Access All. “When I first heard it again, I felt like crying.| Forbes: |
UK filings: TikTok's revenue in the UK, Europe, and Latin America grew 38% YoY to $6.3B in 2024, up from $2.6B in 2022 — Revenue from Chinese social media giant ByteDance's short video app leapt up 38% to $6.3 billion last year in Europe even as it faces the threat of being banned in the United States.| Anthony Ha / TechCrunch: |
OpenAI warns investors against “unauthorized opportunities” to gain exposure to its equity, including through special purpose vehicles — In a new blog post, OpenAI warns against “unauthorized opportunities to gain exposure to OpenAI through a variety of means,” including special purpose vehicles, known as SPVs.| Mike Wheatley / SiliconANGLE: |
Casca, which offers AI-powered tools for banks to accelerate loan application and origination processes, raised a $29M Series A led by Canapi Ventures — A startup called Cascading AI Inc. said today it has closed on a $29 million Series A funding round to support the expansion … | Liz Young / Wall Street Journal: |
Austin-based Overhaul, an in-transit supply chain risk management company, raised a $105M Series C led by Springcoast Partners and Edison Partners — The company, which helps shippers track shipments and fight cargo theft, plans more acquisitions — Supply-chain risk management company … | Mike Wheatley / SiliconANGLE: |
KnowledgeLake, which uses AI and RPA to help organizations automate their work with documents, raised $65M in a majority growth round led by Edison Partners — Self-styled “synthetic labor” startup KnowledgeLake Inc. has become the latest “agentic” artificial intelligence platform to attract millions in funding.| Jessica Hagen / Mobi Health News: |
Twin Health, which uses AI-based digital twin tech to provide personalized diabetes and metabolic health guidance, raised a $53M Series E at a $950M valuation — The company plans to expand partnerships with health plans and employers to provide more individuals with digital twin technology designed to improve metabolic health.| Lauren Goode / Wired: |
A journalist recounts shipping code as a vibe coding engineer during a two-day stint at Notion, working alongside engineers using AI tools like Cursor — I spent two days at Notion and saw an industry in upheaval. I also shipped some actual code. — I asked my editors if I could go work at a tech startup.
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| The Guardian: |
| Sarah Perez / TechCrunch: |