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Aetherflux reportedly raising Series B at $2 billion valuation

Aetherflux, the space solar power startup launched by Robinhood co-founder Baiju Bhatt, is in talks to raise $250 million to $350 million for a Series B round that would value the company at $2 billion. The fundraising was first reported by The Wall Street Journal, which said that Index Ventures …

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European Commission confirms cyberattack after hackers claim data breach

The European Union’s top executive body has confirmed a cyberattack after hackers reportedly stole reams of data from its cloud storage. European Commission spokesperson Nika Blazevic confirmed to TechCrunch on Friday that the Commission “discovered a cyber-attack, which affected part of our cloud infrastructure. ” “We have taken immediate steps …

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Waymo’s skyrocketing ridership in one chart

Waymo is now providing 500,000 paid robotaxi rides every week across 10 U. cities, the company shared in a post on X this week. The eye-popping figure is reflective of the Alphabet-owned company’s accelerated commercial expansion. But it’s Waymo’s rate of growth in ridership and markets that offers a more …

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Memory chip giant SK hynix could help end ‘RAMmageddon’ with blockbuster US IPO

SK hynix, a South Korean memory chip giant already listed on the KOSPI, is laying the groundwork for a potential U. listing that could reportedly raise an estimated $10 billion to $14 billion. The company announced this week that it has confidentially filed a Form F-1 with the listing, targeting …

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Why SoftBank’s new $40B loan points to a 2026 OpenAI IPO

SoftBank has taken on a new $40 billion loan to help it cover its $30 billion commitment to invest in OpenAI as part of the AI model maker’s record-breaking $110 billion raise last month, the Japanese conglomerate said on Friday. Most striking is that the loan is unsecured and has …

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Physical Intelligence is reportedly in talks to raise $1 billion, again

Physical Intelligence, the two-year-old San Francisco robotics startup, is in discussions to raise about $1 billion in new funding at a valuation exceeding $11 billion, according to Bloomberg. The deal would effectively double the company’s $5. 6 billion valuation in just four months. Founders Fund is set to participate with …

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Whoop has LeBron – now it wants your mom

For the better part of a decade, Whoop sold itself as a secret weapon for serious athletes. LeBron James was convinced to slap on the company’s fitness band in Whoop’s first year. Michael Phelps came soon after. Other Whoop wearers include Cristiano Ronaldo, Patrick Mahomes, and Rory McIlroy. The message …

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WhatsApp can now draft AI-generated responses based on your conversations

WhatsApp is rolling out a slew of new features and updates, including one that generates AI-powered suggested replies based on your conversations. The Meta-owned messaging platform is also launching other features, including a new way to free up space, the ability to touch up photos with Meta AI, and more. …

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Cohere launches an open source voice model specifically for transcription

Enterprise AI company Cohere on Thursday launched its first voice model: Transcribe is an open source automatic speech recognition model that can be used for tasks like note-taking and speech analysis. Relatively light at just 2 billion parameters, the model is meant for use with consumer-grade GPUs for those who …

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Conntour raises $7M from General Catalyst, YC to build an AI search engine for security video systems

The surveillance tech industry today is in the spotlight, but not for the best reasons. With controversy around the U. Immigration and Customs Enforcement tapping into Flock’s camera network to surveil people, and home camera maker Ring drawing criticism for building new features that would enable law enforcement to ask …

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