Mistral is rumored to be raising €3B at €20B valuation
Still, Mistral has only raised about $4 billion to date, per PitchBook, a fraction…
Google sues alleged Chinese cybercrime operation that used AI to send scam texts
Google is suing to dismantle the infrastructure behind an alleged massive AI-powered cybercrime operation.…
Fresh off bond sale, Amazon borrows $17.5B from banks as AI spending continues
Companies are burning through exorbitant sums of money to keep pace in the AI…
Sam Bankman-Fried applies for a pardon from Trump
Trump has pardoned hundreds of people during his second term. While a majority of…
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…
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…
Airbnb’s Brian Chesky plans to launch a new AI lab
Chesky also won't be going into "founder mode" at this operation; a person familiar…
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…
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…
Alphabet plans to raise $80B to pay for AI buildout
Google parent company Alphabet said Monday that it plans to raise $80 billion to…
After Nvidia’s $20B not-acqui-hire, AI chip startup Groq reportedly raising $650M
Groq is looking to raise $650 million in new funding from existing investors, sources…
SpaceX’s Starlink nabs American Airlines contract, another win for its IPO
American Airlines said Tuesday it plans to install Starlink on more than 500 narrow-body…
OpenAI barrels toward IPO that may happen in September
A day after Elon Musk lost his lawsuit that threatened OpenAI's structure, leadership, and…
AI search startups are blowing up
The biggest competitor is ChatGPT, which still owns the interface layer and, prior to…
Google takes a page out of Meta’s book, announces new audio-powered smart glasses
Google is getting (back) into the smart glasses game. At Google I/O on Tuesday,…
