In Brief
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Tech News
Redwood Materials reportedly cuts 5% of staff after $350M raise
Fresh off a $350 million raise, battery recycler and cathode-maker Redwood Materials is reportedly cutting around 5% of its workforce,…
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Multiple London councils report disruption amid ongoing cyberattack
At least three London councils are responding to an ongoing cyberattack, prompting officials to shut down their networks and phone…
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Fleet Space finds massive lithium deposit using AI and satellites
Startup Fleet Space announced yesterday that it used its satellite-powered AI system to expand the scope of an already massive…
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Tesla FSD software may not be approved by EU regulator after all
Tesla may have celebrated a regulatory win in Europe a bit too soon. Tesla claimed in a weekend social media…
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Trump Energy department drops renewables, promotes fusion in office reshuffle
The Trump administration revealed this week a revamped organizational chart for the Department of Energy, one which dumps several offices…
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Ford turns to Amazon to give used cars sales a boost
One year ago, e-commerce giant Amazon kicked off its new online car sales business with Hyundai. Now, Ford is joining…
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Ramp hits $32B valuation, just 3 months after hitting $22.5B
The one area outside of AI where investors are still enthusiastic is expense management fintech, at least if Ramp’s 2025…
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Boeing has a carbon emissions problem. Startup Charm Industrial is cleaning up.
Boeing has signed a deal with startup Charm Industrial to remove 100,000 metric tons of carbon from the atmosphere. Charm…
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Court rules that OpenAI violated German copyright law; orders it to pay damages
A German court ruled that OpenAI’s ChatGPT violated the nation’s copyright laws by training its language models on licensed musical works without permission, multiple news outlets,…
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Tech News
AI PowerPoint-killer Gamma hits $2.1B valuation, $100M ARR, founder says
Gamma, a startup that creates AI-generated presentations, websites, and social media posts, announced on Monday a $68 million Series B round at a $2.1 billion valuation led by…
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Kim Kardashian says ChatGPT is her ‘frenemy’
Celebrities: They’re just like us? In a Vanity Fair interview, Kim Kardashian — who has been studying to become a…
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