Peter Sarlin’s QuTwo reaches $380M valuation in angel round
Peter Sarlin’s QuTwo reaches $380M valuation in angel round QyTw0, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately…
Marc Lore says that AI will soon enable anyone open a restaurant
Marc Lore says that AI will soon enable anyone open a restaurant Wonder wants to turn its robotic kitchens into AI-powered “restaurant factories,” letting anyone spin up a virtual food…
Nuro receives driverless testing permit ahead of Uber robotaxi service launch
Nuro receives driverless testing permit ahead of Uber robotaxi service launch The Silicon Valley AV startup has not started driverless testing yet. The Silicon Valley AV startup has not started…
SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw
SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw SAP plans to buy German AI startup Prior Labs and invest heavily in it. It is also…
Bumble’s paying users are slipping as it bets on an overhaul later this year
Bumble’s paying users are slipping as it bets on an overhaul later this year Paid users fell 21% compared to the same quarter last year. CEO Whitney Wolfe Herd described…
Altara secures $7M to bridge the data gap that’s slowing down physical sciences
Altara secures $7M to bridge the data gap that’s slowing down physical sciences Altara’s AI aims to diagnose failures and help speed up R&D by unifying data siloed across spreadsheets…
Lucid Motors doesn’t know how many EVs it will build this year
Lucid Motors doesn’t know how many EVs it will build this year Lucid Motors pulled its guidance for the year, as it navigates swelling inventory and a company-wide cost-cutting measure.…
As crypto cools, a16zcrypto raises a $2.2B fund
As crypto cools, a16zcrypto raises a $2.2B fund As some of the biggest VCs in crypto start to consider funding AI startups, a16zcrypto's new fund will stay the course. As…
Apple plans to make iOS 27 a Choose Your Own Adventure of AI models
Apple plans to make iOS 27 a Choose Your Own Adventure of AI models With Apple's latest operating system updates, users will reportedly have their pick of which third-party AI…
ASML CEO Christophe Fouquet: No one is coming for us
ASML CEO Christophe Fouquet: No one is coming for us Christophe Fouquet, who became ASML's CEO in 2024 after more than a decade at the company, sat down with this…