Cohere acquires, merges with Germany-based startup to create a ‘transatlantic AI powerhouse’
Cohere, the Canada-based enterprise AI unicorn, announced Friday that it would merge with the Germany-based enterprise AI company Aleph Alpha. The deal, which has yet to close, will value the newly formed company at $20 billion, the FT reported. Schwarz Group, one of Aleph Alpha’s top backers, will also invest $600 million in Cohere’s Series E round, […]
Tesla’s Cybercab goes into production — so why is Musk tapping the brakes?
Tesla’s Cybercab is now in production at the company’s Gigafactory in Austin, Texas, but Elon Musk is sounding unusually cautious about the rollout. The robotaxi’s start of production was announced Thursday on X, with Tesla posting a video shot from inside a steering wheel-less Cybercab as it drove out of the factory with the caption, […]
Palantir is reportedly helping the IRS investigate financial crimes
Palantir has helped the Internal Revenue Service’s Criminal Investigations office probe a variety of financial crimes in the U.S. for much of the last decade, The Intercept reported. The IRS has paid the firm $130 million since 2018 to use its data analysis software to pore over financial records for investigative purposes, the outlet reported, […]
360-degree cameras have a new superpower
Imagine Google Street View, except you can walk around like it’s a video game. Now imagine you don’t need to wait for Google to come film because it’s completely DIY. Insta360, the leading maker of 360-degree cameras, is now partnered with a 12-person UK startup called Splatica to help creators do just that. Last January, […]
Lachy Groom to back India startup Pronto at a $200M valuation, sources say
Pronto, an Indian instant house-help startup, is finalizing a funding round led by tech investor Lachy Groom that would value the fast-growing company at about $200 million after investment, TechCrunch has learned. The deal is expected to bring in about $20 million in fresh capital and would mark a sharp jump from the $100 million […]
Inside JetBrains—the company reshaping how the world writes code
JetBrains is integrating GPT-5 across its coding tools, helping millions of developers design, reason, and build software faster. Source link
Our approach to mental health-related litigation
We’re sharing our approach to mental health-related litigation. O handle sensitive cases with care, transparency, and respect while continuing to strengthen safety and support in ChatGPT. Source link
Steve Ballmer blasts founder he backed who pleaded guilty to fraud: ‘I was duped and feel silly’
Silicon Valley tends to tolerate a certain amount of founder exaggeration when pitching investors, often dismissing it as part of selling a vision. But some choices cross the line and can lead to jail time for founders and scandal for their investors. A case in point is Joseph Sanberg, whose once high-flying fintech startup Aspiration […]
Expanding data residency access to business customers worldwide
OpenAI expands data residency for ChatGPT Enterprise, ChatGPT Edu, and the API Platform, enabling eligible customers to store data at rest in-region. Source link
Xreal’s best AR glasses are $599 for good now
The Xreal One Pro are the company’s best AR glasses, touting thin optics that keep out reflections so you can enjoy a crisp, contrast-rich image of whatever content you’re watching. Xreal has permanently cut their price from $649 to $599, making them $150 more than its entry-level (but still good) 1S glasses that debuted shortly […]