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…
Upscale AI in talks to raise at $2B valuation, says report
AI infrastructure company Upscale AI is reportedly in talks to nab its third funding round since launching just…
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,…
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…
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…
Marquis says over 672,000 people had personal and financial data stolen in ransomware attack
Marquis, a technology company used by hundreds of banks to analyze and visualize their customers’ data, says hundreds…
Thinking Machines Lab inks massive compute deal with Nvidia
OpenAI co-founder Mira Murati’s two-year-old AI research lab has signed a sizable deal with semiconductor giant Nvidia. Murati’s…
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…
Mistral AI inks a deal with global consulting giant Accenture
Enterprises have struggled to find a return on investment from adopting AI tools. Now AI companies are trying…
Jack Altman joins Benchmark as GP
Jack Altman and Benchmark announced today that he would be joining the firm as a general partner. This…
Apple’s Siri revamp reportedly delayed… again
Apple has been promising a new-and-improved, cutting-edge, AI-powered Siri since it first unveiled Apple Intelligence in 2024. Over…