The Department of Transportation has paused funding for a $5 billion EV charging infrastructure program that Tesla has received at least $31 million from. The move is widely viewed to be illegal. It’s the latest attempt from the Trump administration to hack away at federally funded renewable energy projects around the country, a clear priority […]
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Just six months after defense tech Anduril raised a massive $1.5 billion round that valued the company at $14 billion, it’s in talks to raise another $2.5 billion, at a valuation of up to $28 billion, sources told CNBC. The deal would, not surprisingly, be led by Founders Fund, which is reportedly writing a $1 […]
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OpenAI is expanding its footprint to Germany. According to a press release issued Friday, the ChatGPT maker plans to open an office in Munich in the coming months. “Germany is renowned for its technical expertise, academic excellence, and industrial innovation,” OpenAI CEO Sam Altman in a statement. “Opening our first office in Germany means we […]
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Rapyd Financial Network is reportedly looking to raise $300 million in a new funding at a steep valuation cut from its 2021 high.
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On the same day that President Donald Trump delayed ending a trade exemption targeting certain Chinese imports, e-commerce company Shopify published a blog post making its stance on U.S. trade policy clear. In the post, Shopify endorsed “open trade,” calling for regulators to give online merchants the “freedom to expand without constraints imposed by geopolitical […]
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Amazon is the latest tech company to remove references to “inclusion and diversity” from its 10-K report. The filing has removed reference to diversity and inclusion as it pertains to the workplace. In its 2023 10-K form, the company had a sentence that read “As we strive to be Earth’s best employer, we focus on investment and […]
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Under European Union law, X is one of a handful of major social media platforms that has a duty to facilitate public interest researchers’ access to support the study of systemic risks — such as to elections and other democratic processes. But the Elon Musk-owned company formerly known as Twitter has been blocking civil society […]
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Safe Superintelligence, the AI startup founded by former OpenAI chief scientist Ilya Sutskever, is in talks to raise funding at a valuation of “at least” $20 billion, according to Reuters. It’s not clear how much Safe Superintelligence — which has yet to generate any revenue — is looking to secure, but it could be substantial. […]
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The GenAI boom of the last few years has unleashed a wave of startups promising to support the process of prompt engineering — i.e., coming up with instructions to precisely steer an AI chatbot to serve useful output. So think tools like OpenAI’s ChatGPT and Google’s Gemini, which present the user with a blank field […]
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OpenAI co-founder John Schulman, who left AI startup Anthropic last week after a mere five months, is reportedly joining former OpenAI CTO Mira Murati’s secretive new startup, per Fortune. It’s not clear what Schulman’s role there will be. Fortune wasn’t able to learn that information, and Murati has been tight-lipped about the venture since she […]
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On Thursday, President Trump asked Republican lawmakers to end tax breaks on carried interest. The tax break allows private equity and venture fund managers to treat their earnings from investments at a lower capital gains rate, rather than as ordinary income. The removal of the tax break would be a big hit to the VC […]
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OpenAI co-founder John Schulman, who left AI company Anthropic earlier this week after a mere five months, is reportedly joining former OpenAI CTO Mira Murati’s secretive new startup, per Fortune. It’s not clear what Schulman’s role there will be. Fortune wasn’t able to learn that information, and Murati has been tight-lipped about the venture since […]
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A group of more than 100 organizations has published an open letter calling on the AI industry and regulators to mitigate the tech’s harmful environmental impacts just days before leading industry CEOs, heads of state, academics, and nonprofits descend on Paris for a major AI conference. The letter, which bears the signatures of prominent advocacy […]
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Amazon is joining other Big Tech companies by announcing huge AI spending plans for 2025.
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According to a New York Times report, on Thursday, the U.S. government’s General Services Administration (GSA) removed the spoon emoji as an option that users of its videoconferencing platform can select to express themselves. The move comes a day after workers embraced the digital cutlery to protest the Trump administration’s “Fork in the Road” resignation […]
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