Y Combinator alum Skio sells for $105M cash, only raised $8M, founder says
Y Combinator alum Skio sells for $105M cash, only raised $8M, founder says Subscription billing fintech Skio sold to its competitor Recharge in what was a healthy exit, according to…
Anthropic potential $900B+ valuation round could happen within two weeks
Anthropic potential $900B+ valuation round could happen within two weeks Anthropic is asking investors to submit allocations for the AI company’s latest fundraise within the next 48 hours, according to…
Apple was surprised by AI-driven demand for Macs
Apple was surprised by AI-driven demand for Macs Apple said it will be supply-constrained on Mac Mini, Studio, and Neo in the next quarter, too. Apple said it will be…
Legal AI startup Legora hits $5.6 valuation and its battle with Harvey just got hotter
Legal AI startup Legora hits $5.6 valuation and its battle with Harvey just got hotter The two wildly fast-growing rivals have raised massive sums, pushed into each other's home turf…
Rivian downsizes DOE loan to $4.5B, while boosting capacity of Georgia factory
Rivian downsizes DOE loan to $4.5B, while boosting capacity of Georgia factory Rivian has reworked its loan deal with the Department of Energy and now expects to borrow $4.5 billion…
Hackers are actively exploiting a bug in cPanel, used by millions of websites
Hackers are actively exploiting a bug in cPanel, used by millions of websites Web hosts are scrambling to fix the bug under active attack by hackers. One company said hackers…
After dissing Anthropic for limiting Mythos, OpenAI restricts access to Cyber, too
After dissing Anthropic for limiting Mythos, OpenAI restricts access to Cyber, too OpenAI will begin rolling out it cybersecurity testing tool, GPT-5.5 Cyber only "to critical cyber defenders" at first.…
EV startup Faraday Future paid $7.5M to company tied to founder Jia Yueting
EV startup Faraday Future paid $7.5M to company tied to founder Jia Yueting The perpetually-struggling EV company made the payments while being investigated by the SEC. That four-year-long probe was…
OpenAI announces new advanced security for ChatGPT accounts, including a partnership with Yubico
OpenAI announces new advanced security for ChatGPT accounts, including a partnership with Yubico OpenAI is launching additional opt-in protections for ChatGPT accounts. The new security initiative includes a new partnership…
Elon Musk testifies that xAI trained Grok on OpenAI models
Elon Musk testifies that xAI trained Grok on OpenAI models "Distillation" is a hot topic as frontier labs try to prevent smaller competitors from copying their models. "Distillation" is a…