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Sapiom raises $15M to help AI agents buy their own tech tools

People without coding backgrounds are discovering that they can build their own custom apps using vibe coding — solutions like Lovable that turn plain-language descriptions into working code. While these prompt-to-code tools can help create nice prototypes, launching them into full-scale production (as this reporter recently discovered) can be tricky …

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SNAK Venture Partners raises $50M fund to back vertical marketplaces

SNAK Venture Partners announced Wednesday the close of its oversubscribed $50 million debut fund, anchored by the investment firm Pritzker Group (founded by Illinois governor JB Pritzker and his brother, Tony). SNAK founders Sonia Nagar and Adam Koopersmith worked at the firm and helped lead investments in companies like the …

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Uber appoints new CFO as its AV plans accelerate

Uber is promoting Balaji Krishnamurthy, its VP of strategic finance and investor relations, to be its CFO, replacing its current finance chief Prashanth Mahendra-Rajah. Krishnamurthy has been at Uber for over six years, spending most of his tenure in the company in its investor relations division. He often posts about …

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After backlash, Adobe cancels Adobe Animate shutdown and puts app on ‘maintenance mode’

Adobe is putting on hold its plan to discontinue Adobe Animate following intense backlash from its customers after it announced plans to shut down the 2D animation software amid an increased focus on its investments in AI. “We are not discontinuing or removing access to Adobe Animate. Animate will continue …

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ElevenLabs raises $500M from Sequoia at an $11 billion valuation

Voice AI company ElevenLabs said today it raised $500 million in a new funding round led by Sequoia Capital, which was an investor in the startup’s last secondary round through a tender. Sequoia partner Andrew Reed is joining the company’s board. The startup is now valued at $11 billion, more …

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Roblox’s 4D creation feature is now available in open beta

Last year, Roblox launched an open source AI model that could generate 3D objects on the platform, helping users quickly design digital items such as furniture, vehicles, and accessories. The company claims the tool, called Cube 3D, has so far helped users generate over 1. 8 million 3D objects since …

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Hackers publish personal information stolen during Harvard, UPenn data breaches

A notorious hacking group has claimed responsibility for last year’s data breaches at Harvard University and the University of Pennsylvania (UPenn) and published the data that they claim to have stolen from the two schools. On Wednesday, the group known as ShinyHunters published what it claims are more than 1 …

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Lunar Energy raises $232M to deploy home batteries that prop up the grid

Forget EVs — stationary batteries are getting all the buzz, and investment, in the U. Startup Lunar Energy is the latest example. The six-year-old company, which builds battery packs for homeowners in California, Georgia, and Washington, said Wednesday it has completed two large funding rounds. The startup shared it raised …

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Tinder looks to AI to help fight ‘swipe fatigue’ and dating app burnout

Tinder is turning to a new AI-powered feature, Chemistry, to help it reduce so-called “swipe fatigue,” a growing problem among online dating users who are feeling burned out and are in search of better outcomes. Introduced last quarter, the Match-owned dating app said that Chemistry leverages AI to get to …

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A16z just raised $1.7B for AI infrastructure. Here’s where it’s going.

Loading the player… Andreessen Horowitz just raised a whopping ⁠ new $15 billion in funding ⁠. 7 billion chunk of that is going to its ⁠ infrastructure team ⁠, the one responsible for some of its biggest, most prominent AI investments including Black Forrest Labs, Cursor, OpenAI, ⁠ElevenLabs⁠, Ideogram, ⁠Fal⁠ …

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