While quick commerce in India has become synonymous with 10-minute deliveries — and the hottest play for startups and investors — FirstClub is taking a slower, more curated route. Yet just three months after launching its app, the 8-month-old startup has tripled its valuation. At a post-money valuation of $120 …
Read More »xAI’s CFO is the latest executive to leave Elon Musk’s AI firm
Mike Liberatore, xAI’s chief financial officer, has left the company, according to reporting from The Wall Street Journal. This marks the latest in a string of high-profile executive departures. The former Airbnb executive joined the company in April and left around the end of July, per the WSJ. While at …
Read More »Apple’s Siri upgrade could reportedly be powered by Google Gemini
Apple’s Siri overhaul may include an AI-powered web search tool with technology powered by Google’s Gemini, according to a new report from Bloomberg’s Mark Gurman. The iPhone maker, which has been criticized for falling behind in the AI race, delayed its long-awaited Siri update until 2026. In the meantime, the …
Read More »Mistral, the French AI giant, is reportedly on the cusp of securing a $14B valuation
French AI startup Mistral AI is finalizing a €2 billion investment at a post-money valuation of $14 billion, reports Bloomberg, positioning the company as one of Europe’s most valuable tech startups. The two-year-old OpenAI rival, founded by former DeepMind and Meta researchers, develops open source language models and Le Chat, …
Read More »Scale AI is suing a former employee and rival Mercor, alleging they tried to steal its biggest customers
Scale AI, which helps tech companies prepare data to train their AI models, filed a lawsuit against one of its former sales employees and its rival Mercor on Wednesday. The suit claims the employee, who was hired by Mercor, “stole more than 100 confidential documents concerning Scale’s customer strategies and …
Read More »xAI’s CFO is the latest executive to leave the Elon Musk’s AI firm
Mike Liberatore, xAI’s chief financial officer, has left the company, according to reporting from The Wall Street Journal. This marks the latest in a string of high-profile executive departures. The former Airbnb executive joined the company in April and left around the end of July, per WSJ. While at xAI, …
Read More »CoreWeave acquires agent-training startup OpenPipe
CoreWeave, which provides cloud servers to large companies training AI models, has struck an agreement to acquire OpenPipe, a 2-year-old Y Combinator-backed startup that helps enterprises develop customized AI agents with reinforcement learning, the companies announced on Wednesday. “Reinforcement learning is emerging as a pivotal force to strengthen model performance …
Read More »Google brings Material 3 Expressive to Pixel 6 and newer devices, along with other features
Google announced on Wednesday that it’s bringing a slew of new features to the Android ecosystem and Pixel devices. The tech giant is introducing Material 3 Expressive to Pixel phones, Adaptive Audio for the Pixel Buds Pro 2, on-wrist navigation for the Pixel Watch, new AI writing tools in Gboard, …
Read More »SpaceX gets a green light to more than double its Florida launches
The world’s most-flown rocket may start flying even more. U.S. regulators have completed a key environmental review that paves the way for SpaceX to more than double the number of Falcon 9 launches from Florida’s Cape Canaveral Space Force Station. In addition to the annual launch increase from 50 launches …
Read More »Pornhub owner pays $5M settlement to FTC over historic failure to block abusive content
Pornhub owner Aylo will pay a $5 million settlement to the FTC and Utah over allegations that the company knowingly profited off of child sexual abuse material (CSAM) and nonconsensual material (NCM). Formerly Mindgeek, Aylo made some significant changes to the way it moderates content in late 2020, when The …
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