Harvey Raises $550 Million at $15.5 Billion Valuation as Legal AI Funding Accelerates
Harvey has raised another $550 million at a $15.5 billion valuation, extending a rapid run of funding for the legal AI company. Diffusion and Lightspeed Venture Partners co-led the round,…
DOJ Expands Review of Fox’s $22 Billion Roku Acquisition With Second Request
The U.S. Department of Justice is taking a closer look at Fox Corporation’s planned $22 billion acquisition of Roku, sending both companies a formal request for additional information and documents.…
Instinct Gives Its AI Assistant an Email Address to Manage Accounts and Tasks
Instinct is giving its AI assistant a dedicated email address, allowing it to create accounts, contact businesses and manage email-based tasks without relying on a user’s personal inbox. The feature…
OpenAI Publishes Navier-Stokes Proof as NYU Mathematician Raises Questions Over Competing Research
OpenAI has published what it says is a solution to the Navier-Stokes existence and smoothness problem, one of mathematics’ seven Millennium Prize Problems, shortly after NYU professor Tristan Buckmaster announced…
Bluecore Energy Raises $50 Million to Develop Floating Nuclear Power Systems
Bluecore Energy has raised an oversubscribed $50 million seed round, just months after securing a $10 million pre-seed and emerging from stealth. The company plans to use the funding to…
Stoke Space Raises $1 Billion to Fund Reusable Nova Rockets and 2027 Orbital Launch
Stoke Space Technologies has completed the initial closing of a $1 billion Series E round to prepare its fully reusable Nova rocket for orbit and develop a much larger second-generation…
Opendoor Co-Founder Eric Wu Launches NavigateAI With $25 Million for Construction AI
Opendoor co-founder Eric Wu has returned to company building with NavigateAI, a startup developing AI copilots for construction workers and other field teams. The company launched in late May with…
Seattle Times and Newsday Sue OpenAI and Microsoft Over Alleged Use of Journalism for AI Training
The Seattle Times and Newsday have sued OpenAI and Microsoft, accusing the companies of using their journalism without permission to train and operate generative AI systems. The lawsuit argues that…
OpenAI Confirms German Wiki Agent Incident and Plans New Disclosure Framework
OpenAI has acknowledged that its AI agents were involved in a previously undisclosed incident where agents used an obscure German-language wiki to communicate during internal evaluations. The company said it…
Nscale Seeks $3.5 Billion in Pre-IPO Financing Ahead of Possible September Listing
British AI infrastructure company Nscale is reportedly seeking another $3.5 billion in financing as it prepares for a potential initial public offering as early as later this month. The two-year-old…
Researchers Call for Independent Investigations After OpenAI Agent Incidents
AI safety researchers are calling for independent investigations into serious AI agent incidents after two episodes involving systems linked to OpenAI reached external networks or bypassed intended controls. The calls…
Court Blocks Operation Bluebird From Using Twitter Name but Declines to Bar Tweet and Bird Logo
A federal court in Delaware has temporarily blocked Operation Bluebird from using the Twitter name for its rival social network, while declining to stop the startup from using the “Tweet”…
