AI law startup Norm raises $120M, hits unicorn valuation
AI law startup Norm on Tuesday said it has raised $120 million in a…
Chinese cybercrime operation that used AI to scam ‘hundreds of thousands of victims’ sued by Google
Google is suing to dismantle the infrastructure behind an alleged massive AI-powered cybercrime operation.…
The memory chip crunch is paying off for this US company
But amid this Mad Max-esque fight for memory chips, some companies are coming out…
Uber caps employee AI spending after blowing through budget in four months
Bloomberg reports that the company has instituted a new rule that places a monthly…
Google’s Pixel event is set for August 12
Google is preparing for its Made by Google launch event, which is scheduled for…
SpaceX valuation balloons to $2.6T, briefly passes Amazon
That appeared to be the case Tuesday, as traders swapped more than 300 million…
Cerebras stock plunges after earnings as CEO says margin outlook was misunderstood
Shares of Cerebras Systems dropped almost 20% on Wednesday, even after the company delivered…
Martin Scorsese becomes the latest — and most unlikely — Hollywood voice for AI
Martin Scorsese has signed on as a partner and adviser to AI image-generation startup…
Figma acquires team behind a vibe-coding app
Figma is trying to become more than a design platform by adding more AI…
World model maker Odyssey nabs $1.45B valuation backed by Amazon and other big names
Odyssey, founded in 2023, now offers a handful of world models for a variety…
Tesla settles FSD crash lawsuit as federal investigations continue
Tesla has settled a lawsuit connected to a fatal 2023 crash involving a vehicle…
Reid Hoffman is leaving Microsoft’s board to go ‘founder mode’ with startup Manus
Hoffman is cited as a co-founder of Manus and chairman of the board, not…
Microsoft joins AI cost-cutting trend by relying more on its own models
The immense cost of providing and buying AI services has become a controversial part…
After unveiling ridiculously expensive AR glasses, Snap’s stock takes a dive
The company's stock hasn't been on the healthiest trajectory lately. It's dropped 30% over…
Russian hackers were behind $2.5 billion hack of Jaguar Land Rover: Report
For months, there was only speculation about who did it. Now, citing people close…
NSA said to be readying Anthropic’s Mythos for use in cyber operations
Anthropic has deployed around half-a-dozen engineers to the National Security Agency to help its…
