Tech
Sources: ElevenLabs held early talks with investors on a secondary share sale for staff that would value the startup at ~$22B; it was valued at $11B in February (Bloomberg)
Bloomberg : Sources: ElevenLabs held early talks with investors on a secondary shar…
Tech
UK-based StirlingX, which develops secure data intelligence systems for defense and critical infrastructure, raised a $20M Series A, following a $11M seed (Cate Lawrence/Tech.eu)
Cate Lawrence / Tech.eu : UK-based StirlingX, which develops secure data intelligen…
Tech
Tripo AI, which is developing 3D foundation models and world models for use in games, raised $150M, a month after it said it raised $200M (Dean Takahashi/GamesBeat)
Dean Takahashi / GamesBeat : Tripo AI, which is developing 3D foundation models and…
Tech
Sources: SoftBank has reopened talks for a $10B loan backed by its OpenAI stake and is offering to guarantee repayment if OpenAI collateral proves insufficient (Echo Wang/Reuters)
Echo Wang / Reuters : Sources: SoftBank has reopened talks for a $10B loan backed b…
Tech
Alex Karp calls US reliance on AI labs for military tech "effing insane", pans AI fees for businesses, and touts Palantir's Nvidia Nemotron deal for US agencies (Ty Roush/Forbes)
Ty Roush / Forbes : Alex Karp calls US reliance on AI labs for military tech “effin…
Tech
Sources: Microsoft has been working on a disc-to-digital feature for Xbox One and Xbox Series X that will let users digitize their physical game collections (Tom Warren/The Verge)
Tom Warren / The Verge : Sources: Microsoft has been working on a disc-to-digital f…
Tech
Source: OpenAI engineers earlier this month told some colleagues they had figured out a way to more than halve the cost of inference (Stephanie Palazzolo/The Information)
Stephanie Palazzolo / The Information : Source: OpenAI engineers earlier this month…
Tech
Sources: component and supplier lists, and photos of iPhone 18 Pro models, are among files a ransomware group stole from Apple's Indian supplier Tata (Reuters)
Reuters : Sources: component and supplier lists, and photos of iPhone 18 Pro models…
Tech
California strikes a deal with Anthropic to expand the use of Claude products across state agencies and local governments at a 50% discount (Christine Mui/Politico)
Christine Mui / Politico : California strikes a deal with Anthropic to expand the u…
Tech
Letter: Austria is pushing the EU to consider hosting Anthropic within its borders, highlighting EU efforts to boost bloc independence from US and Chinese tech (Marton Eder/Bloomberg)
Marton Eder / Bloomberg : Letter: Austria is pushing the EU to consider hosting Ant…
Tech
GPT-5.6 system card indicates Sol is well below the level of most worrisome Mythos use cases, suggesting all GPT-5.6 versions could be released without delay (Zvi Mowshowitz/Don't Worry About the Vase)
Zvi Mowshowitz / Don't Worry About the Vase : GPT-5.6 system card indicates Sol…
Tech
Sources: Baidu's chip unit Kunlunxin Technology plans a Hong Kong IPO at a $50B target valuation, asking investors to buy chips worth 3-7x their IPO investment (Qianer Liu/The Information)
Qianer Liu / The Information : Sources: Baidu's chip unit Kunlunxin Technology …
Tech
Australian government says it plans to double the maximum penalty for any social media company breaking its minimum age law and grant more powers to enforcers (Jackson Chen/Engadget)
Jackson Chen / Engadget : Australian government says it plans to double the maximum…
Tech
LSEG: tech companies have raised $3.1B from mainland China stock market listings YTD, up 5x+ from a year earlier, as AI and chip companies drive onshore IPOs (Reuters)
Reuters : LSEG: tech companies have raised $3.1B from mainland China stock market l…
Tech
The rapid pace of AI progress has created a pervasive fear of missing out across Silicon Valley, fueling anxiety among founders, executives, employees, and VCs (Bloomberg)
Bloomberg : The rapid pace of AI progress has created a pervasive fear of missing o…
Social Plugin