Lidar company Luminar reached a deal with Yorkville Advisors Global and another unnamed investor that could bring another $200 million into its coffers through the sale of convertible preferred stock over an 18-month period. The agreement, which was announced in a regulatory filing Wednesday, follows an abrupt change in leadership and layoffs. Earlier this month, […]

Other than AI Siemiatkowski admission, it wasn't obvious that this was AI. There were only a few subtle signs.

Spotify says its ability to direct its customers to external payment links in its iOS app has already had a positive impact on sales. In a newly filed amicus brief in support of Epic Games in its ongoing legal battle with Apple over external payments on the App Store, Spotify claims its internal data indicates […]

LM Arena, a crowdsourced benchmarking project that major AI labs rely on to test and market their AI models, has raised $100 million in a seed funding round that values the organization at $600 million, according to Bloomberg. Andreessen Horowitz (a16z) and UC Investments, which manages an investment portfolio for the University of California, led the […]

Sen. Ron Wyden said in a letter that one U.S. phone carrier turned over Senate data to law enforcement without notifying the target.

Spotify is launching a new hub dedicated to keeping users informed about soon-to-be-released albums, the company announced on Wednesday. The hub, called “Upcoming Releases,” will feature personalized recommendations based on a user’s listening history. Users will be able to access it through the Search tab on mobile in the “Browse all” section. The hub will […]

OpenAI is acquiring io, the device startup that CEO Sam Altman and famed Apple designer Jony Ive have quietly been working on for two years, in an all-equity deal that values that startup at $6.5 billion, according to The Wall Street Journal. As part of the unusual deal announced Wednesday, Ive and his design firm, […]

There is a new accounting software in town, coming in with a fresh $17.2 million raise and a desire to shake things up. The company, Filed, hopes to automate the grunt work. “The tax industry is facing a genuine crisis,” Leroy Kerry, Filed’s co-founder CEO, told TechCrunch. Many CPAs are approaching retirement while a dwindling […]

Meta is launching a new program to incentivize startups to adopt its Llama AI models. The program, Llama for Startups, provides companies “direct support” from Meta’s Llama team, as well as funding in certain cases. Any U.S.-based firm that is incorporated, has raised less than $10 million in funding, has at least one developer on […]

Impossible Metals, a deep-sea mining startup, submitted a formal request to the Department of the Interior to sell leases to mine the ocean floor.

Just a few weeks after the U.S. and China made significant steps to de-escalate the growing trade war between the two countries, tensions are flaring again — this time over semiconductors. China’s Commerce Ministry in Beijing released a statement on Wednesday that threatened legal action against anyone who enforces U.S. export restrictions on Huawei’s AI chips, […]

Amazon is testing short-form AI-powered audio product summaries on select product pages, the company announced on Wednesday. The audio summaries are voiced by what Amazon calls “AI-powered shopping experts” that discuss key product features, customer reviews, and information from across the web. The new AI product summaries can be accessed by tapping the “Hear the […]

An increasing number of meetings have an AI note-taker present that transcribes the call and provides action items. Siro wants to do the same for sales folks who are on the ground and talking to customers face-to-face. The company on Wednesday announced it has secured $50 million in a Series B round led by SignalFire […]

Google on Wednesday detailed its plans to bring ads to AI Mode, the company’s AI-powered experience in Google Search. Ads may appear “where relevant” below and “integrated into” AI Mode responses as part of a test, Google says. AI Mode lets Google Search users ask a question and get an AI-generated response, with the ability […]

With TikTok still facing the possibility of a ban in the U.S., the popularity of short-form video content continues to grow. The latest company to enter this space is TED, the non-profit best known for its TED Talks featuring prominent figures like Bill Gates, Elon Musk, Jeff Bezos, and the late Pope Francis.  On Wednesday, […]

In an era where hundreds of new venture funds have emerged, only to face a narrowing market as exits prove slippery, Elizabeth Weil’s Scribble Ventures stands out as a case study in the importance of deep networks. Defying a contraction that is sidelining many newcomers, Weil just secured $80 million for Scribble’s third fund, its […]

Prosecutors say the hacker stole information on 60 million students, an incident that matches the data breach at PowerSchool.

Robert Falck, the founder of electric and autonomous trucking startup Einride, is stepping down from the role of CEO as the company works towards scaling its technology, raising more funds, and exploring the possibility of an IPO. 

AI startup Mistral on Wednesday announced a new AI model focused on coding: Devstral. Devstral, which Mistral says was developed in partnership with AI company All Hands AI, is openly available under an Apache 2.0 license, meaning it can be used commercially without restriction. Mistral claims that Devstral outperforms other open models like Google’s Gemma […]

For the last two decades, Google has brought people a list of algorithmically selected links from the web for any given search query. At I/O 2025, Google made clear that the concept of Search is firmly in its rearview mirror. On Tuesday, Google CEO Sundar Pichai and his executives presented new ways to bring users […]