Early-stage firm Magnify Ventures has raised $46.6 million for its second fund from LPs, including Melinda French Gates’ Pivotal Ventures. Founded in 2021 by Joanna Drake and Julie Wroblewski, Magnify…
Read article →Wisk Aero, the electric air taxi company owned by Boeing, has been hit with a lawsuit from a former employee, who claims she was fired after raising safety concerns. Former…
Read article →Back in April, Reuters reported that Anthropic was toying with the idea of producing its own AI chips as a means of responding to chip shortages. Now, it would appear…
Read article →Hopper, the travel app known for its AI-driven flight and hotel price predictions, has agreed to a $35 million settlement following a lawsuit brought by the U.S. Federal Trade Commission…
Read article →Meta is getting into gaming with the launch of a new app called Pocket, which allows people to generate small, interactive apps and games using AI prompts. The software, a…
Read article →It’s no secret that AI is a hog, consuming energy and water like no digital technology before it. Now we know just how much Big Tech’s pursuit of AI is…
Read article →I can’t tell the exact tipping point from realistic excitement over a new technology, to hype, to aww-come-on — but I’m pretty sure when a sandwich shop with Danny DeVito…
Read article →IQM, a full-stack quantum company out of Finland, went public on the Nasdaq Thursday via a SPAC merger at a valuation of about $1.9 billion. But share prices didn’t pop.…
Read article →Nvidia competitor Etched announced this week that TSMC had manufactured its first chip earlier this year. While the four-year-old startup valued at $5 billion is getting ready to ship systems…
Read article →Militaries routinely send satellites to fly by rival vehicles and suss out their capabilities, but scaling up this kind of reconnaissance is increasingly seen by the U.S. military as a…
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