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Benchmark raises $225M in special funds to double down on Cerebras

This week, AI chipmaker Cerebras Systems announced that it raised $1 billion in fresh capital at a valuation of $23 billion — a nearly threefold increase from the $8. 1 billion valuation the Nvidia rival had reached just six months earlier. While the round was led by Tiger Global, a …

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ElevenLabs CEO: Voice is the next interface for AI

ElevenLabs co-founder and CEO Mati Staniszewski says voice is becoming the next major interface for AI – the way people will increasingly interact with machines as models move beyond text and screens. Speaking at Web Summit in Doha, Staniszewski told TechCrunch voice models like those developed by ElevenLabs have recently …

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Substack confirms data breach affects users’ email addresses and phone numbers

Newsletter platform Substack has confirmed a data breach in an email to users. The company said that in October, an “unauthorized third party” accessed user data, including email addresses, phone numbers, and other unspecified “internal metadata. ” Substack specified that more sensitive data, such as credit card numbers, passwords, and …

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Fundamental raises $255M Series A with a new take on big data analysis

An AI lab called Fundamental emerged from stealth on Thursday, offering a new foundation model to solve an old problem: how to draw insights from the huge quantities of structured data produced by enterprises. By combining the old systems of predictive AI with more contemporary tools, the company believes it …

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Data breach at govtech giant Conduent balloons, affecting millions more Americans

A data breach at government technology giant Conduent appears to affect far more people than first disclosed, with the number of victims potentially stretching to dozens of millions of people across the United States. The January 2025 ransomware attack, which knocked out Conduent’s operations for several days, is now known …

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Trump’s critical mineral reserve is an admission that the future is electric

The Trump administration announced this week the U. government would work to build a $11. 7 billion stockpile of critical minerals. That’s the headline; the subtext is more intriguing. The stockpile initiative, branded as Project Vault, is the administration’s latest attempt to secure supplies of critical minerals for U. manufacturers …

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Pacific Fusion finds a cheaper way to make its fusion reactor work

Fusion power’s biggest question remains unanswered: How do you ensure the cost to start the fusion reaction isn’t higher than the price at which you can sell the power? Plenty of people have ideas, but no one has cracked it yet. Commonwealth Fusion Systems, for example, is confident enough that …

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Meta tests a stand-alone app for its AI-generated ‘Vibes’ videos

Meta is testing a stand-alone Vibes app, the company confirmed to TechCrunch on Thursday. Launched last September, Vibes lets you create and share short-form AI-generated videos and access a dedicated feed that displays AI videos from others. Think TikTok or Instagram Reels, but every video you come across is AI …

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Secondary sales shift from founder windfalls to employee-retention tools

In May, AI sales automation startup Clay said it was allowing most of its employees to sell some of their shares at a $1. Coming just months after its Series B, Clay’s offer of liquidity was a rarity in a market where tender offers, as these types of secondary transactions …

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Anthropic releases Opus 4.6 with new ‘agent teams’

On Thursday, Anthropic released the latest version of Opus — its most advanced model and a particularly important model for Claude Code. 5 was only released last November, and with 4. 6, the company has sought to broaden its model’s capabilities and appeal, allowing for a greater variety of uses …

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