Your Trusted Source for Global and Local News About Economy
Scale AI confirms ‘significant’ investment from Meta, says CEO Alexanr Wang is leaving Data-labeling firm Scale AI confirmed on Friday that it has received a "significant" investment from Meta that…
After a string of successes, early-stage fund Felicis raises fresh $900M Lately, Felicis, like most VCs, has been all over AI. Its portfolio now includes, for example, Browser Use, Poolside,…
The Meta AI app is a privacy disaster It sounds like the start of a 21st century horror film: Your browser history has been public all along, and you had…
Bluesky backlash misses the point Not only is Bluesky more than just a Twitter/X alternative, it's just one app in a wider social ecosystem built on open technology. Not only…
Meta teams with XGS Energy to build a 150 MW geothermal power plant XGS Energy will build the new power plant in New Mexico. XGS Energy will build the new…
Tesla sues former Optimus engineer over alleged trade secret theft Tesla alleges that Zhongjie Li stole confidential trade secrets and used them to launch a robotics startup a week after…
A lot of the internet is down right now Large swaths of the internet went down on Thursday, affecting a range of services, from global cloud platform Cloudflare to popular…
a16z-backed Infinite Machine shows off cheaper, modular electric scooter The Olto is the newest entry into the always-churning market for electric two-wheelers, and it will cost $3,495. The Olto is…
Hotel management platform Canary nabs $80M Series D from YC, Insight Partners Canary, the hotel guest management platform, announced Thursday the raise of an $80 million Series D in a…
Here are Apple’s top AI announcements from WWDC 2025 At WWDC 2025, Apple announced several AI features, such as a workout coach, live translation, and more. At WWDC 2025, Apple…