[ad_1] Kalshi, a prediction market that allows people to bet on future events, has raised a massive $1 billion round at a $11 billion valuation, according to a person familiar with the deal. The round comes less than two months after the seven-year-old startup announced its previous fundraise of $300 …
Read More »Gemini 3 refused to believe it was 2025, and hilarity ensued
[ad_1] Every time you hear a billionaire (or even a millionaire) CEO describe how LLM-based agents are coming for all the human jobs, remember this funny but telling incident about AI’s limitations: Famed AI researcher Andrej Karpathy got one-day early access to Google’s latest model, Gemini 3. –and it refused …
Read More »Samsung Display, China’s BOE settle OLED patent and trade secret lawsuits
[ad_1] Samsung Display and China’s BOE Technology, a supplier of OLED displays used in Apple devices, have agreed to settle a patent lawsuit concerning OLED technology. “The two companies have agreed that fair technological competition is essential for the advancement of the display industry,” and have therefore decided to withdraw …
Read More »Function Health raises $298M Series B at $2.5B valuation
[ad_1] From electronic health records and blood tests to the stream of data from wearable devices, the amount of health information people generate is accelerating rapidly. Yet, many users struggle to connect this trove of data in a meaningful way and actually use it to improve their health. Function Health, …
Read More »Cavela lands $6.6M to help brands beat pre-tariff manufacturing costs
[ad_1] When Anthony Sardain began developing Cavela in 2023, an AI startup that helps brands automate supplier sourcing, he did not foresee that new tariffs would drive customers to become increasingly wary of manufacturing products in China. “You don’t just walk into Vietnam and build up a supply chain,” Sardain …
Read More »How the classic anime ‘Ghost in the Shell’ predicted the future of cybersecurity 30 years ago
[ad_1] The year is 2030. An “infamous mystery hacker” known as the Puppet Master is wreaking havoc on the internet, breaking into the so-called cyber-brains of several humans as well as “every terminal on the network.” As it turns out, the Puppet Master is a creation of Japan’s Ministry of …
Read More »Monarch Tractor preps for layoffs and warns employees it may ‘shut down’
[ad_1] Autonomous electric tractor startup Monarch Tractor warned staff Thursday it may need to lay off more than 100 employees, or possibly even ‘shut down,’ according to a company-wide memo obtained by TechCrunch. The memo comes after Monarch Tractor was already cutting some positions over the last few weeks at …
Read More »Nvidia’s record $57B revenue and upbeat forecast quiets AI bubble talk
[ad_1] Nvidia founder and CEO Jensen Huang struck a bullish tone in the company’s third-earnings. And based on the company’s results, there may be reason to. Nvidia reported revenue of $57 billion in the third quarter, 62% higher compared to the same quarter last year. The company’s net income on …
Read More »Spotify acquires music database WhoSampled
[ad_1] Spotify has acquired the community-run database tracking sampled music, WhoSampled, the company announced Wednesday. The streaming service had also shared the news as part of its Wednesday blog post about new song credits features. Deal terms were not disclosed, but Spotify confirmed to TechCrunch the acquisition is for both …
Read More »US, UK, and Australia sanction Russian ‘bulletproof’ web host used in ransomware attacks
[ad_1] The governments of the United States, United Kingdom, and Australia have sanctioned a Russian “bulletproof” web hosting company and several of its related firms for allegedly being used to launch ransomware attacks against U.S. victims and critical infrastructure. In a statement Wednesday, the U.S. Treasury said it imposed coordinated …
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