Accel raises $5B to back late-stage bets
Accel announced on Tuesday that it raised $5 billion in fresh capital to back late-stage companies. The venture…
Anthropic CPO leaves Figma’s board after reports he will offer a competing product
Mike Krieger, Anthropic’s chief product officer, resigned from the board of interface design company Figma on April 14.…
Meta raises Quest 3 and Quest 3S prices due to RAM shortage
Meta is raising the prices of its virtual reality headsets due to the rising cost of memory chips,…
British cryptographer Adam Back denies NYT report that he is Bitcoin creator Satoshi Nakamoto
The identity of Satoshi Nakamoto, the pseudonym of the creator of Bitcoin, remains a long-running mystery. But according…
Gateway Capital announces first close of $25M Fund II
Gateway Capital Partners, the venture firm founded by Dana Guthrie, announced the first close for its $25 million…
Meta launches new initiative to support entrepreneurship, drive AI adoption
Meta is launching Meta Small Business, a new company wide initiative focused on supporting entrepreneurship and driving AI…
Vibe-coding startup Lovable is on the hunt for acquisitions
Lovable, the AI-powered app-building platform last valued at $6.6 billion, is on the hunt for acquisitions. On Monday,…
Amazon acquires Rivr, maker of a stair-climbing delivery robot
Rivr, a Zurich-based autonomous robotics startup known for its stair-climbing delivery robot, has been acquired by Amazon in…
Meta is having trouble with rogue AI agents
An AI agent went rogue at Meta, exposing sensitive company and user data to employees who did not…
Wonderful raises $150M Series B at $2B valuation
Israeli AI agent startup Wonderful has raised $150 million in a Series B funding round that values it…
Atlassian follows Block’s footsteps and cuts staff in the name of AI
Australian productivity software company Atlassian held layoffs as the company looks to funnel more money into AI. Atlassian…
Just three companies dominated the $189B in VC investments last month
AI continues to dominate the venture world, per a new Crunchbase report. A record $189 billion of global…