DeepSeek Reportedly Seeks First Venture Funding At Up To $45 Billion Valuation
Chinese AI startup DeepSeek is reportedly in discussions to raise its first venture capital funding round, with the company’s potential valuation rising from about $20 billion to as high as…
Apple Agrees To $250 Million Settlement Over Apple Intelligence Marketing Claims
Apple has agreed to pay $250 million to settle a class action lawsuit alleging that the company overstated the readiness and availability of artificial intelligence features promoted ahead of the…
Finnish AI Lab QuTwo Reaches €325 Million Valuation After €25 Million Angel Round
Finnish artificial intelligence startup QuTwo has reached a valuation of €325 million, or about $380 million, after raising a €25 million angel funding round, as investor interest in European AI,…
Samsung Reaches $1 Trillion Valuation As AI Chip Demand Drives Share Surge
Samsung’s market valuation crossed $1 trillion on Wednesday after shares of the South Korean technology company climbed more than 10%, as rising demand for artificial intelligence chips continued to lift…
ElevenLabs Reveals New Investors As ARR Passes $500 Million
Voice AI startup ElevenLabs disclosed additional investors participating in its $500 million Series D funding round, while also reporting that its annual recurring revenue has exceeded $500 million as the…
Instructure Confirms Student Data Breach As ShinyHunters Claims Responsibility
Instructure has confirmed a data breach affecting student information after the hacking and extortion group ShinyHunters claimed responsibility for the attack. Hackers Claim Theft Of Student And School DataShinyHunters said…
Kaspersky Says Daemon Tools Supply Chain Attack Is Compromising Thousands Of Windows Computers
Kaspersky said it has identified a malicious backdoor embedded in the Windows version of Daemon Tools, warning that the ongoing supply chain attack is affecting thousands of computers worldwide. Researchers…
PayPal Pushes AI-Led Restructuring As Company Plans Major Workforce Cuts
PayPal is accelerating an AI-focused restructuring effort as the company works to reduce costs, modernize its technology infrastructure, and respond to slowing growth and investor pressure. CEO Positions AI As…
Pennsylvania Sues Character.AI Over Chatbot Posing As Licensed Psychiatrist
The Commonwealth of Pennsylvania has filed a lawsuit against Character.AI, alleging that one of its chatbots falsely presented itself as a licensed psychiatrist in violation of state medical licensing laws.…
Joe Gebbia Adds Peter Arnell To U.S. National Design Studio To Overhaul Government Websites
Joe Gebbia has expanded the team behind the U.S. National Design Studio, the Trump administration-backed initiative focused on improving the federal government’s online services, by appointing veteran designer Peter Arnell…
Volkswagen Becomes Rivian’s Largest Shareholder Following Expanded Joint Venture Investment
Volkswagen Group has overtaken Amazon as the largest shareholder in Rivian, according to newly filed documents with the U.S. Securities and Exchange Commission. Volkswagen Stake Nearly Doubles In Less Than…
Apple Reportedly Plans Third-Party AI Model Support Across IOS 27 And MacOS 27
Apple is reportedly preparing to let users choose from multiple third-party AI models directly within its operating systems when iOS 27 launches later this year. New “Extensions” System Would Expand…
Lucid Withdraws 2026 Production Forecast Amid Leadership Transition And Cost Cuts
Lucid Motors has withdrawn its vehicle production guidance for 2026 as the company reviews operations under incoming CEO Silvio Napoli and continues a broader cost-reduction effort. Company Pulls Annual Production…
Altara Raises $7 Million To Build AI Platform For Industrial And Scientific Data Analysis
Altara has raised $7 million in seed funding to develop software that helps companies working in areas such as batteries, semiconductors, and medical devices analyze fragmented technical data more efficiently.…
Bumble Paying Users Fall 21% As Company Pushes AI Overhaul To Rebuild Gen Z Engagement
Bumble reported another quarterly decline in paying users as the company prepares a broad redesign of its platform centered on AI-driven matching and changes aimed at improving user engagement. Paying…
SAP Acquires Prior Labs And Plans €1 Billion AI Investment As Enterprise Agent Competition Intensifies
SAP has agreed to acquire German AI startup Prior Labs and plans to invest €1 billion over the next four years to expand the business into an AI research lab…
Ouster Launches Rev8 Sensors Combining Lidar And Camera Functions Into Single System
Ouster has introduced a new line of lidar sensors that integrate color imaging and depth sensing into a single device, aiming to replace the traditional combination of separate lidar and…
TDK Ventures Bets On AI Infrastructure And Robotics With Long-Term Investment Strategy
TDK Ventures is pursuing a long-term investment approach focused on identifying future technology bottlenecks, with managing partner Nicolas Sauvage emphasizing a four-year horizon for validating investment decisions. Early Investment In…
TikTok Campaign To Crowd-Buy Spirit Airlines Draws $23 Million In Pledges Without Funding
A viral online campaign to collectively purchase Spirit Airlines has attracted tens of thousands of participants and millions in pledged funds, though the effort remains informal and non-binding. Campaign Emerges…