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Mistral AI buys Koyeb in first acquisition to back its cloud ambitions

Mistral AI, the French company last valued at $13. 8 billion, has made its first acquisition. The OpenAI competitor has agreed to buy Koyeb, a Paris-based startup that simplifies AI app deployment at scale and manages the infrastructure behind it. Mistral has been primarily known for developing large language models …

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Anthropic releases Sonnet 4.6

In Brief Anthropic has released a new version of its midsized Sonnet model, keeping pace with the company’s four-month update cycle. In a post announcing the new model, Anthropic emphasized improvements in coding, instruction-following, and computer use. 6 will be the default model for Free and Pro plan users. The …

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Climactic launches hybrid fund to get startups through the ‘valley of death’

It’s a challenge every startup faces: They’ve made a prototype and proven the thing works, but now have to sell the product and produce enough to get past the “valley of death” that kills so many companies. “They are chicken and egg stuck,” Josh Felser, co-founder and managing partner of …

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Thrive raises $10B for new fund, its largest yet

In Brief Thrive Capital just raised $10 billion for a new fund — the largest fund it has ever raised and nearly double the size of its last fund. Of this, $1 billion is dedicated to early-stage investments, while the rest is for growth-stage investments, according to an announcement from …

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Apple is reportedly cooking up a trio of AI wearables

In Brief Late last month, The Information reported that Apple was developing an AI wearable — an AirTag-sized pendant with cameras that could be pinned to a user’s shirt. Now, Bloomberg writes that the development of such a device — along with two other AI-powered items — is accelerating as …

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Meta’s own research found parental supervision doesn’t really help curb teens’ compulsive social media use

An internal research study at Meta dubbed “Project MYST” created in partnership with the University of Chicago, found that parental supervision and controls — such as time limits and restricted access — had little impact on kids’ compulsive use of social media. The study also found that kids who experienced …

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Ford turns to F1 and bounties to build a $30,000 electric truck

Ford is promising to deliver an EV truck next year that starts at $30,000 and can compete with Chinese automakers without undermining profit margins. A combination of 3D-printed Lego-like parts, Formula 1 thinking, and a bounty program will help the company hit that target, Ford said Tuesday. 5 billion hit …

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Jack Altman joins Benchmark as GP

In Brief Jack Altman and Benchmark announced today that he would be joining the firm as a general partner. This news is a big deal, especially since Altman has been running his own VC firm, Alt Capital, since at least 2024. The fund raised a $150 million Fund I in …

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Intellexa’s Predator spyware used to hack iPhone of journalist in Angola, research says

A government customer of sanctioned spyware maker Intellexa hacked the phone of a prominent journalist in Angola, according to Amnesty International, the latest case of targeting someone in civil society with powerful phone-hacking software. The human rights organization published a new report Tuesday analyzing several hacking attempts against local journalist …

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Tesla dodges 30-day suspension in California after removing Autopilot

The California Department of Motor Vehicles will not suspend Tesla’s sales and manufacturing licenses for 30 days because the EV maker has stopped using the term “Autopilot” in the marketing of its vehicles in the state. The decision, issued late Tuesday, means Tesla can continue selling its EVs in California …

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