| The Information: |
Sources: OpenAI is developing AI tools to generate music from text and audio prompts, including capabilities such as adding guitar accompaniment to vocal tracks — OpenAI recently made a splash with artificial intelligence that generates short videos from text prompts—say, a scene from … | Will Oremus / Washington Post: |
A profile of Wikipedia co-founder Larry Sanger, who left in 2002 and whose claims that Wikipedia has a liberal bias are fueling the right's campaign against it — Larry Sanger's long-standing claims of liberal bias and mismanagement at the world's dominant online encyclopedia are being enthusiastically embraced on the right.| Jagmeet Singh / TechCrunch: |
French online carpooling marketplace BlaBlaCar says India now accounts for ~33% of its carpool passengers and expects to reach ~150M passengers globally in 2025 — Every few weekends, 21-year-old student Lavanya Jain opens the BlaBlaCar app to find a lift from Noida on the outskirts … | Bloomberg: |
How Changpeng Zhao's pardon frees him to refocus on reclaiming ground in the US market, where Binance.US only has a 0.75% share of bitcoin trading volume — Hours after receiving a pardon from President Donald Trump, Binance Holdings Ltd.'s billionaire co-founder Changpeng Zhao issued a thank … | Bloomberg: |
The US AI data center boom is consuming capital, power, and people that the rest of the economy needs, and is crowding out Trump's manufacturing revival plans — Spending on factory construction is down 2.5% so far this year, while that for data centers is up almost 18%.| Jowi Morales / Tom's Hardware: |
Microsoft says its Gaming Copilot feature, which recently hit Windows 11 as a public beta, uses screenshots to understand in-game events, not to train AI models — Microsoft says it isn't using your data to train its AI. … However, one user complained on ResetEra forums … | Aigerim Turgunbaeva / Reuters: |
Kyrgyzstan launches a national stablecoin and a CBDC in partnership with Binance; CZ says a national cryptocurrency reserve includes Binance's BNB token — Kyrgyzstan has launched a national stablecoin and a central bank digital currency in partnership with cryptocurrency exchange Binance, President Sadyr Japarov said on Saturday.| Valida Pau / The Information: |
Sources: AI chip startup SambaNova is exploring a sale after it struggled to complete a fundraising round; SambaNova was last valued at $5B in 2021 — Artificial intelligence chip startup SambaNova Systems is exploring a sale, after it struggled to complete a fundraising round, according to people with direct knowledge of the matter.| Chris Metinko / Axios: |
Austin-based Roller, a provider of venue management software, raised $50M led by Insight Partners, taking its total funding to over $100M — Roller, a venue management platform developer, raised a $50 million round led by Insight Partners, co-founder and CEO Luke Finn tells Axios Pro.| Christopher Marquis / Forbes: |
Seneca, which is developing autonomous firefighting drones, raised $60M in seed and Series A rounds led by Caffeinated Capital and Convective Capital — I write about businesses creating a more sustainable economic system. … Climate change is no longer a remote future threat.| Alex Scott / Chemical & Engineering News: |
Glasgow-based Chemify, which combines AI with robotics and chemistry to rapidly make novel molecules for pharmaceutical companies, raised a $50M+ Series B — Scottish firm will use the cash to advance its AI platform and robotics system to rapidly make novel molecules| Katrina Bianca Cuaresma / DealStreetAsia: |
Singapore-based wealth management platform Endowus raised $70M+, bringing its total funding to $130M+, and says the new capital will boost its AI advisory tools — Singapore-based wealth management platform Endowus has raised over $70 million in fresh funding to finance expansion and AI-driven capabilities … | RT Watson / The Block: |
Pave Bank, which lets businesses manage both fiat and digital assets in real time, raised a $39M Series A led by Accel, with Tether and others participating — - Pave Bank raised $39 million in a Series A funding round led by Accel, with participation from Tether Investments, Wintermute, and others.
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