News

Ivan Mehta / TechCrunch: The Browser Company, which makes the Arc browser, raised $50M led by Pace Capital at a $550M valuation, bringing its total funding to $128M  —  The Browser Company, which makes the Arc browser, has raised $50… Read More »The Browser Company, which makes the Arc browser, raised $50M led by Pace Capital at a $550M valuation, bringing its total funding to $128M (Ivan Mehta/TechCrunch)

Jena McGregor / Forbes: Borderless AI, whose AI agent automates HR tasks like onboarding and payments, emerges from stealth with a $27M seed led by Susquehanna and Aglaé Ventures  —  Few HR startups have grown faster or seen more venture… Read More »Borderless AI, whose AI agent automates HR tasks like onboarding and payments, emerges from stealth with a $27M seed led by Susquehanna and Aglaé Ventures (Jena McGregor/Forbes)

Daniel Thomas / Financial Times: Sources: the BBC plans to build its own AI models, and is holding talks with tech companies, including Amazon, about selling its content for AI training  —  UK broadcaster seeks to build artificial intelligence models… Read More »Sources: the BBC plans to build its own AI models, and is holding talks with tech companies, including Amazon, about selling its content for AI training (Daniel Thomas/Financial Times)

Sujeet Indap / Financial Times: Used car marketplace Carvana, whose stock fell from $360 to $4, has now rallied to $86, avoiding a financial abyss after restructuring its $9B debt in 2023  —  Online used-car dealer’s cost cuts pay off… Read More »Used car marketplace Carvana, whose stock fell from $360 to $4, has now rallied to $86, avoiding a financial abyss after restructuring its $9B debt in 2023 (Sujeet Indap/Financial Times)

Anna Tong / Reuters: Tokyo-based Sakana AI, founded by two Google researchers, releases three Japanese language models using “model merging”, which combines existing models  —  Sakana AI, a Tokyo-based artificial intelligence startup founded by two prominent former Google (GOOGL.O) researchers… Read More »Tokyo-based Sakana AI, founded by two Google researchers, releases three Japanese language models using “model merging”, which combines existing models (Anna Tong/Reuters)

Abner Li / 9to5Google: Qualcomm announces the Snapdragon 7+ Gen 3, a 4nm chip aimed at high-end smartphones that adds on-device generative AI and Wi-Fi 7; OnePlus is the first partner  —  Qualcomm is following its announcement at the start… Read More »Qualcomm announces the Snapdragon 7+ Gen 3, a 4nm chip aimed at high-end smartphones that adds on-device generative AI and Wi-Fi 7; OnePlus is the first partner (Abner Li/9to5Google)

Kevin Roose / New York Times: Reddit, one of the last online places where real people gather to talk, is a content moderation success story, after evolving from a dark corner of the internet  —  The site’s journey from toxic… Read More »Reddit, one of the last online places where real people gather to talk, is a content moderation success story, after evolving from a dark corner of the internet (Kevin Roose/New York Times)

Sidhartha Shukla / Bloomberg: In a letter to Judge Kaplan, FTX CEO John Ray says SBF’s claims of “zero” harm to users are “demonstrably false” and FTX had only 105 bitcoin when Ray took over  —  – Ray called the… Read More »In a letter to Judge Kaplan, FTX CEO John Ray says SBF’s claims of “zero” harm to users are “demonstrably false” and FTX had only 105 bitcoin when Ray took over (Sidhartha Shukla/Bloomberg)

Wired: As “censorship free” social network Parler returns to the iOS App Store, CEO Ryan Rhodes talks new features, moderation, and building “a true open platform”  —  The “free speech” social media alternative is back on Apple’s App Store ahead… Read More »As “censorship free” social network Parler returns to the iOS App Store, CEO Ryan Rhodes talks new features, moderation, and building “a true open platform” (Wired)

Financial Times: Chinese state media: during his visit to Shanghai, Tim Cook says “there’s no supply chain in the world that’s more critical to us than China”  —  Apple chief Tim Cook has said China is “critical” to its business… Read More »Chinese state media: during his visit to Shanghai, Tim Cook says “there’s no supply chain in the world that’s more critical to us than China” (Financial Times)