[ad_1] Anysphere, the company that makes AI coding assistant darling Cursor, isn’t thinking about an IPO any time soon, its co-founder CEO Michael Truell said on stage Monday at Fortune’s AI Brainstorming conference. After reaching $1 billion in annualized revenue in November, and raising $2.3 billion at a $29.3 billion …
Read More »NASA and USPS stop using Canoo EVs despite CEO’s pledged support
[ad_1] NASA and the United States Postal Service have stopped using electric vans made by now-bankrupt EV startup Canoo, despite the former CEO’s claim that he would provide support for the vehicles. NASA purchased three of Canoo’s EVs in 2023 with the intention of using the vans to shuttle astronauts …
Read More »Mistral AI surfs vibe coding tailwinds with new coding models
[ad_1] French AI startup Mistral today launched Devstral 2, a new generation of its AI model designed for coding, as the company seeks to catch up to bigger AI labs like Anthropic and other coding-focused LLMs. This announcement follows the recent launch of the Mistral 3 family of open-weight models, …
Read More »Google’s AI try-on app Doppl adds a shoppable discovery feed
[ad_1] Google announced on Monday that it’s introducing a shoppable discovery feed in Doppl, its experimental app that uses AI to visualize how different outfits might look on you. The tech giant says the idea behind the new feed is to display recommendations so users can discover and virtually try …
Read More »Department of Commerce approves Nvidia H200 chip exports to China
[ad_1] Advanced Nvidia AI chips can head back to China after all. The Department of Commerce will allow Nvidia to ship H200 chips to China, as originally reported by Semafor, to approved customers in the country. The U.S. will take a 25% cut of these sales, CNBC reported. H200 chips …
Read More »Investor letter reveals skyrocketing growth of Waymo’s robotaxi rides
[ad_1] Six months ago, Waymo disclosed it was providing 250,000 robotaxi rides a week across its service areas, an ever-growing list that includes Atlanta, Austin, Los Angeles, Phoenix, and the San Francisco Bay Area. The Alphabet-owned self-driving company has been coy ever since, simply stating it is providing many hundreds …
Read More »SoftBank and Nvidia reportedly in talks to fund Skild AI at $14B, nearly tripling its value
[ad_1] SoftBank Group and Nvidia are in talks to lead an investment of over $1 billion at a $14 billion valuation in Skild AI, a software company building a foundational robotics model, Reuters reported. The nearly three-year-old startup was last valued at $4.7 billion in May when it raised $500 …
Read More »FTC upholds ban on stalkerware founder Scott Zuckerman
[ad_1] A stalkerware maker who was banned from the surveillance industry after a data breach that exposed the personal information of its customers, as well as the people they were spying on, will not be able to go back to selling the invasive software, according the U.S. Federal Trade Commission. …
Read More »Tiger Global plans cautious venture future with a new $2.2B fund
[ad_1] Tiger Global, the investor that spurred the VC bull market of 2020-2021, is reportedly raising a fresh $2.2 billion fund. The firm sent a letter to potential limited partners, according to a copy obtained by CNBC, seeking to raise the cash for a vehicle called Private Investment Partners 17 …
Read More »TikTok adds a space for organizing content with others, teases ‘Shared Feeds’
[ad_1] TikTok is launching “Shared Collections,” a new way for users to share and organize TikTok content in one place with friends or family. The company also teased the upcoming launch of “Shared Feeds,” which will let users watch TikTok content together through a shared interest-based feed. TikTok rolled out …
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