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A Vinyl Bar in Shibuya Raises $5.5 Million for Interactive Music Apps

A Vinyl Bar in Shibuya has raised $5.5 million in pre-seed funding to build interactive music products that let people manipulate, remix and create sounds rather than relying primarily on…

Insight Partners’ Deven Parekh Warns AI Valuations Are Echoing 2021

Insight Partners managing director Deven Parekh says venture valuations are rising at a pace reminiscent of 2021, prompting the $90 billion investment firm to favor earlier-stage bets, diversification and disciplined…

Larry Ellison Cancels Planned $7.5 Billion Oracle Stock Sale

Oracle co-founder and executive chairman Larry Ellison has canceled a plan to sell 50 million shares of Oracle stock, a transaction that would have been worth roughly $7.5 billion based…

Obama Urges Democrats to Make AI a Central Policy Agenda

Former U.S. President Barack Obama is urging Democrats to make artificial intelligence a central policy priority and develop a clear plan for its economic and safety implications. Speaking at a…

Fusion Startups Add Defense Work as Xcimer and Pacific Fusion Expand National Security Projects

Fusion startups developing technology for commercial power are increasingly finding additional applications in national security, giving companies another potential source of funding while they work toward putting electricity on the…

Matt Mullenweg Returns as Automattic CEO After Board-Imposed Leave

Automattic has confirmed that founder Matt Mullenweg is back as chairman and CEO with the board’s support, days after directors voted to place him on paid leave and appointed CFO…

OpenAI Rules Out 2026 IPO as Sam Altman Cites AI Safety Concerns

OpenAI will not go public in 2026 despite confidentially filing for an initial public offering earlier this year, CEO Sam Altman has confirmed. Altman said current concerns around AI safety…

Tesla Sets October 1 Reveal for Long-Delayed Second-Generation Roadster

Tesla has set October 1 for the next major reveal of its long-delayed second-generation Roadster, nearly nine years after first showing the electric sports car. The company posted “Go for…

Revolut Says Fraudulent Government Requests Exposed Customer Identity Data

British fintech Revolut has confirmed that it disclosed sensitive customer information to an unauthorized third party after receiving fraudulent information requests sent from a legitimate government agency email domain. The…

Mecka AI Nears $500 Million Valuation in Sequoia-Led Funding Round

Robotics data startup Mecka AI is nearing a new funding round led by Sequoia Capital at a valuation of about $500 million, according to people familiar with the deal. The…

Khosla Ventures Plans First Office Outside Menlo Park With New York Expansion

Khosla Ventures is opening its first office outside its longtime Menlo Park base, with a new location on 14th Street in New York expected to open this fall. Managing director…

Y Combinator CEO Garry Tan Opposes Crackdown on AI Distillation, Backs U.S. Open-Weight Access

Y Combinator CEO Garry Tan says U.S. regulators should not restrict AI model distillation and has suggested that smaller American open-weight labs should be free to learn from domestic frontier…

Fields Medalists Warn AI Labs Could Damage Open Mathematics Research

Twenty-five Fields Medal-winning mathematicians have signed an open letter warning that competition among AI companies to solve major mathematical problems could damage attribution, collaboration and open research. The group behind…

Moonshot AI Targets $2 Billion Revenue Run Rate as Kimi K3 Usage Grows

Chinese AI company Moonshot AI is targeting $2 billion in annualized revenue by the end of 2026, twice its reported run rate in August, according to Bloomberg. The target follows…

Roblox Expands AI Game Creation, Adds Standalone Apps and Creator Wallet

Roblox is expanding its AI-powered game creation tools while giving developers more ways to distribute games and access their earnings. Announced at its annual Roblox Developer Conference, the updates include…

Nscale Adds Former OpenAI Executive Fidji Simo to Board Ahead of Potential IPO

U.K.-based AI infrastructure company Nscale has appointed former OpenAI executive Fidji Simo as an independent director as it prepares for a potential public listing. Simo joins a board that already…

European Battery Startups Turn to Nanotechnology After Gigafactory Setbacks

European battery startups are focusing on specialized materials and manufacturing technology as the region searches for ways to compete after high-profile failures including Northvolt and Morrow. Dutch companies LeydenJar and…

Silicon Valley Pushes Back on Anthropic Insiders’ Warnings of AI Extinction Risk

Warnings from current and former Anthropic researchers about artificial intelligence potentially threatening humanity are drawing skepticism from some Silicon Valley executives and investors. The debate intensified after researcher Jacob Coxon…

L’Oréal Brandstorm Draws 380,000 Applicants as Competition-Based Hiring Faces Scrutiny

L’Oréal Brandstorm attracted 380,000 participants from 64 countries in 2026 as the cosmetics company continues using a competition format to identify young talent. The program gives participants the chance to…

Marvel’s Wolverine Trades Spider-Man’s Open World for Brutal, Linear Combat

Marvel’s Wolverine launches exclusively on PlayStation 5 on September 15, giving Insomniac Games its biggest release of the year after the studio’s recent Spider-Man games sold more than 50 million…