In Brief
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As blockchain investing falls out of vogue, a16z Crypto rebrands as a16z Frontier
In a sign that crypto and blockchain-focused investing has receded in importance, Andreessen Horowitz announced Thursday that it is renaming…
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OpenAI working on new $30B raise at $1.25T valuation ahead of IPO
OpenAI is reportedly close to securing another mega round of private funding, rather than plowing ahead with an IPO. The…
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Anthropic’s cloud partnerships are getting messy
Anthropic is having trouble securing enough cloud capacity from AWS, Google, and Microsoft, which increasingly see the Claude maker as…
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OpenAI acquires startup Orchestra Bio to beef up its biotech business
OpenAI on Tuesday acquired a four-year-old AI biotech software startup called Orchestra Bio, the company announced on its website. Terms…
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GM to close Detroit battery-assembly plant, but not for reasons you might think
GM is closing a battery-assembly plant south of Detroit, a spokesperson confirmed to TechCrunch. The Brownstown Battery Assembly Plant assembled…
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The maker of non-text AI model Jev valued at $7.5B just weeks after launch
TypeSafe AI, the developer of Jev, a new type of AI model that gained rapid popularity after launching just a…
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OpenAI’s revenue is reportedly $20 billion less than previously projected
A little over a week ago, it was reported that OpenAI’s annualized revenue was approaching $70 billion, a figure that…
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Anthropic changes usage policy to ban model abuse and election interference
Anthropic updated its usage policy on Thursday, codifying new prohibitions on election interference, weapons software, and surveillance. But perhaps the…
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Robot data startup Mecka AI nabs $60M from Sequoia
Mecka AI, a startup that collects and analyzes human motion data to train humanoid robots and other kinds of robots,…
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Nous Research confirms it hit $1.5B valuation, launches AI agents for business users
Nous Research, the startup developing the open source Hermes Agent, has raised a $90 million Series B at a $1.5…
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Apple is reportedly partnering with LG to launch a smart lock, thermostat, and doorbell
Apple is working on a new ecosystem of smart home devices via a partnership with LG, Bloomberg has reported. The…
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Paramount and Warner Bros. Discovery to become Skydance
Paramount and Warner Bros. Discovery will operate as Skydance once their merger closes, Paramount CEO David Ellison announced Friday. Skydance…
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