River AI, an artificial intelligence startup founded just two months ago by xAI co-founder Igor Babuschkin, has secured a staggering $1.1 billion in early-stage funding. The round was led by General Catalyst and AMP PBC, with additional backing from major industry players including Nvidia, AMD Ventures, Y Combinator, and Temasek. The company aims to rebuild […]
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Brad Lightcap, one of OpenAI’s longest-serving and most influential executives, is officially leaving the artificial intelligence lab to pursue a new venture. Having joined the company in 2018 as chief financial officer before transitioning to chief operating officer and later heading special projects, Lightcap played a pivotal role in building the firm’s core operational and […]
Continue ReadingThe European Commission has announced that the Scaleup Europe Fund, a unique $5.7 billion public-private investment vehicle, is now fully operational. Designed to tackle the late-stage funding gap for European tech startups, the initiative aims to keep promising companies within the EU and strengthen the continent’s technological sovereignty. Finnish satellite intelligence firm ICEYE became the […]
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Decentralized social network Bluesky is experiencing a notable drop in monthly and daily active users, according to recent data from Similarweb. While the platform continues to attract new registrations, its mobile app usage has fallen by over 50% from its late-2024 peak, which was driven by an exodus of users from Elon Musk’s X following […]
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Google’s Gemini application has officially joined the exclusive club of tech products surpassing one billion monthly active users. CEO Sundar Pichai announced the major milestone, positioning the AI assistant as one of the fastest-growing services in the company’s history. This rapid expansion allows Gemini to keep pace directly with OpenAI’s ChatGPT, which reached the billion-user […]
Continue ReadingOpenAI has finally addressed a major gap in its desktop ecosystem by releasing an official ChatGPT application designed specifically for Linux. This launch responds to long-standing requests from the open-source developer community, which had been pressing for a dedicated native client. Currently released in preview worldwide, the new app brings core features like ChatGPT, ChatGPT […]
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The FBI has issued a public warning regarding a surge in cybercriminals hacking into social media accounts to steal explicit images and videos from both adults and children. Perpetrators primarily utilize social engineering, phishing, and brute-force attacks, frequently targeting individuals with public profiles such as student-athletes. The stolen content is often leveraged for sextortion, online […]
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Uber has completely divested from Serve Robotics by selling its entire stake in the autonomous sidewalk delivery robot company. The exit, revealed through regulatory filings, reportedly caught Serve by surprise, even though both firms had been gradually drifting apart over the past year due to strategic disagreements. The partnership originated from Uber’s 2020 acquisition of […]
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Venture capital firm Accel has successfully closed a new $550 million fund focused on the Indian market. The fundraising process was oversubscribed and completed within weeks, forming part of a coordinated global capital-raising initiative totaling $3.5 billion. Even though the firm still holds substantial capital from its previous vehicle, it remains highly optimistic about India’s […]
Continue ReadingNew reports indicate that Phia co-founders Phoebe Gates and Sophia Kianni were aware of controversial affiliate marketing practices at their shopping startup months before public exposure. Leaked internal communications suggest that the leadership discussed the use of cookie stuffing, contrary to initial claims that the issue was merely an unforeseen software bug. Cookie stuffing involves […]
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