Symphonic Capital announced today in a blog post that it raised $13.5 million for its inaugural fund to invest in early-stage companies. Sydney Thomas launched the firm in 2022 after leaving Charles Hudson’s Percursor Ventures, where she was the first hire. Thomas said her fund will focus on founders outside of the Bay who are […]
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YouTube is launching a new feature that will allow creators to use AI technology to generate instrumental backing music that can be added to their videos. In an update published to its Creator Insider channel this week, the company shared that it’s beginning to roll out an update to its Creator Music marketplace that will […]
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The reboot of early-internet social news site Digg is underway. Original founder Kevin Rose and Reddit co-founder Alexis Ohanian have launched an early-access community for some of the first people who signed up after last month’s announcement that the pair had bought Digg and planned to relaunch it as something new. The early-access program is […]
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Google, PJM, and Tapestry announced a partnership to develop AI tools to speed interconnection requests through the queue.
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The number of “operator VCs” — former founders turned VCs — in Europe in recent years. This is common in the U.S., where the majority of VCs are former founders. The reverse is true in Europe, where most come from banking or finance. Recent examples in Europe include Wise founder Taavet Hinrikus, Glovo founder Oscar […]
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Billionaire Elon Musk might’ve just been countersued by OpenAI. But that isn’t stopping his AI company, xAI, from making its flagship Grok 3 model available via an API. It has been several months since xAI unveiled Grok 3, the company’s answer to models like OpenAI’s GPT-4o and Google’s Gemini. Grok 3 can analyze images and respond to questions, […]
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Nissan said it will use self-driving software developed by Wayve to beef up its advanced driver assistance system starting in 2027, a landmark deal for the buzzy UK startup that has raised more than $1.3 billion from Nvidia, Microsoft, SoftBank Group, and Uber. Nissan will integrate Wayve’s software as well as sensors, including lidar from an undisclosed […]
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Just a few weeks after OpenAI said it would adopt rival Anthropic’s standard for connecting AI models to the systems where data resides, Google is following suit. In a post on X on Wednesday, Google DeepMind CEO Demis Hassabis announced that Google will add support for Anthropic’s Model Context Protocol, or MCP, to its Gemini […]
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As Sequoia Capital’s first defense tech investment, Mach Industries is an industry darling, raising over $80 million since its founding in 2023. Its founder, Ethan Thornton, now 21, began Mach as a teenage MIT student before dropping out to focus full-time on his startup. But a few months before landing a seed investment from Sequoia […]
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Banking-as-a-service startup Solid (formerly called Wise) has filed for Chapter 11 bankruptcy protection, according to documents filed in the United States Bankruptcy Court for the District of Delaware on April 7. Founded in 2018, the fintech company had raised a total of nearly $81 million in funding from investors such as FTV Capital and Headline. […]
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The dramatic suit between OpenAI and its estranged co-founder, billionaire Elon Musk, shows no sign of letting up. In a filing Wednesday, attorneys for OpenAI and the other defendants in the case, including CEO Sam Altman, called for Musk to be enjoined from “further unlawful and unfair action” and “held responsible for the damage he […]
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OpenAI co-founder and former chief scientist Ilya Sutskever’s new AI startup, Safe Superintelligence (SSI), is using Google Cloud’s TPU chips to power its AI research, part of a new partnership the companies announced on Wednesday in a press release. Google Cloud says SSI is using TPUs to “accelerate its research and development efforts toward building […]
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A study went viral several months ago for implying that, as AI becomes increasingly sophisticated, it develops “value systems” — systems that lead it to, for example, prioritize its own well-being over humans. A more recent paper out of MIT pours cold water on that hyperbolic notion, drawing the conclusion that AI doesn’t, in fact, […]
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Anthropic announced on Wednesday that it’s launching a new, very expensive subscription plan for its AI chatbot Claude: Max. An answer to OpenAI’s $200-a-month ChatGPT Pro tier, Max comes with higher usage limits than Anthropic’s $20-per-month Claude Pro subscription as well as priority access to the company’s newest AI models and features. A bit confusingly, […]
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YouTube on Wednesday announced an expansion of its pilot program designed to identify and manage AI-generated content that features the “likeness,” including the face, of creators, artists, and other famous or influential figures. The company is also publicly declaring its support for the legislation known as the NO FAKES ACT, which aims to tackle the […]
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