DMR News

Probably has raised $9 million in seed funding from Andreessen Horowitz to develop AI systems that prevent hallucinations and factual errors from reaching users. Founder Peter Elias said the company…

SpaceX has agreed to acquire Anysphere, the company behind AI coding platform Cursor, in an all-stock transaction valued at $60 billion. The agreement comes four days after SpaceX began trading…

Threads has reached 500 million monthly active users nearly three years after Meta launched it as a competitor to X. The platform also introduced Your Algo, a private setting that…

ChatGPT remains the world’s most widely used AI assistant, but its market share fell below 50% for the first time as users increasingly divided their activity among Google Gemini, Anthropic…

Respond.io has raised $62.5 million in Series B funding as the Malaysia-based company expands its AI-powered customer conversation platform into North America and Europe. Camber Partners led the round, with…

Oregon-based Softstar Shoes has transferred ownership of the company to its approximately 30 employees as former owner Tricia Salcido begins planning for retirement. The shoemaker completed the transition through an…

Starbucks Korea will close all its stores early on June 22 so employees can attend mandatory training on South Korean history and social sensitivity. The action follows public criticism of…

Anthropic executives are expected to meet senior US Commerce Department officials in Washington on Monday after the government restricted foreign access to the company’s latest AI models. CEO Dario Amodei…

Companies are developing ways to extract helium-3 from the Moon as demand rises from quantum computing, scientific research, and possible nuclear fusion applications. The rare gas currently comes mainly from…

The Bank of Japan has raised its policy interest rate from 0.75% to around 1%, the highest level since 1995. The increase follows a rise in global energy prices and…

Around 200 Stanford University graduates reportedly walked out as Google and Alphabet CEO Sundar Pichai delivered the university’s commencement address on Sunday. Students also booed and displayed signs criticizing Google’s…

Meta is rolling out new AI features on Facebook that change how users search for information and edit photos and videos. The main addition is AI Mode, which uses Meta…

SpaceX has increased the amount raised through its initial public offering to $85.7 billion after the offering’s underwriters exercised their option to buy the maximum number of additional shares. The…

Salesforce has agreed to acquire AI customer service company Fin for approximately $3.6 billion, bringing Fin’s customer support agent technology and development team into its Agentforce business. The companies expect…

Indian artificial intelligence company Sarvam has raised $234 million in the first close of a planned $300 million Series B round, valuing the Bengaluru-based company at $1.5 billion. The funding…

An Earth observation satellite has used a vision-language model to identify requested features in imagery without relying on analysts on the ground, marking the first reported use of this type…

Fox Corporation has agreed to acquire streaming company Roku in a cash-and-stock transaction valued at about $22 billion. The deal combines Fox’s news, sports, and streaming operations with Roku’s connected…

Orbio has raised $21 million in Series A funding to expand its AI agents for recruiting, onboarding, and managing frontline employees. Dawn Capital led the round, bringing the enterprise startup’s…

Charlie Javice, the convicted founder of financial aid startup Frank, is reportedly seeking a presidential pardon while appealing her conviction for defrauding JPMorgan Chase in a $175 million acquisition. People…

KPMG has withdrawn a report about agentic AI after several organizations said descriptions of their AI use were false or misleading. Research group GPTZero said many of the report’s citations…