Crypto lending firm Figure Technology files for Nasdaq IPO
Mike Wheatley / siliconangle - Cryptocurrency lending and investing platform Figure Technology Solutions Inc. has filed paperwork associated with its U.S. initial public offering, becoming the latest in a growing list of crypto-focused companies looking to list publicly. The company re…
Back to Top / Monday, August 18, 2025, 8:20 pm / permalink 12575 / 1 stories in 6 months
Sam Altman Warns AI Bubble Mirrors Dot Com Boom Excess
OpenAI CEO Sam Altman cautioned that the current fervor surrounding artificial intelligence shows unsettling similarities to the speculative excesses seen during the dot-com boom. His remarks underscore concerns that mounting hype may lead to an unsustainable AI bubble, prompting a more measured evaluation of industry expectations.
Back to Top / Monday, August 18, 2025, 1:21 pm / permalink 12542 / 5 stories in 6 months
Medallion raises $43M to streamline back-office paperwork for healthcare
Kyt Dotson / siliconangle - Medallion, an artificial intelligence-powered platform provider that automates manual back-office management duties, today announced it has raised $43 million in new funding. The funding round was led by Acrew Capital, with participation from more than a …
Back to Top / Monday, August 18, 2025, 12:21 pm / permalink 12533 / 1 stories in 6 months
Norrsken Evolve launches €57M fund to back "impact tech"
Lucy Adams / tech - Norrsken Foundation has launched Norrsken Evolve, a new €57 million pre-seed fund aimed at backing startups working "at the intersection of impact, resilience, and scalability". The fund will target e...
Back to Top / Monday, August 18, 2025, 7:20 am / permalink 12505 / 2 stories in 6 months
Sam Altman says ‘yes,’ AI is in a bubble
Emma Roth / theverge - As economists speculate whether the stock market is in an AI bubble that could soon burst, OpenAI CEO Sam Altman has just admitted to believing we're in one. "Are we in a phase where investors as a whole are overexcited about AI?" Altman said during a len…
Back to Top / Friday, August 15, 2025, 10:21 am / permalink 12402 / 6 stories in 6 months
AI coding assistant startup Cognition reportedly raises nearly $500M on $9.8B valuation
Duncan Riley / siliconangle - Artificial intelligence coding assistant startup Cognition AI Inc. has reportedly raised nearly $500 million in funding on a $9.8 billion valuation, a month after it entered an agreement to acquire Windsurf Inc. While the company hasn’t as yet confirmed t…
Back to Top / Thursday, August 14, 2025, 7:20 pm / permalink 12370 / 2 stories in 6 months
Cohere Secures $500 Million, Hires Top AI Execs
Cohere has clinched a landmark funding round—$500 million at a multi‐billion-dollar valuation—while bolstering its leadership team with a high‐profile former Meta research chief. The move, combining big money with fresh talent, underscores a firm commitment to dominating the AI research arena.
Back to Top / Thursday, August 14, 2025, 11:21 am / permalink 12324 / 6 stories in 6 months
A conversation with Max Tegmark inspired AI co-founder Igor Babuschkin shift to safer AI
Maximilian Schreiner / the-decoder - Igor Babuschkin, a co-founder of Elon Musk's AI startup xAI, is stepping down to launch his own fund focused on AI safety. His departure comes as xAI faces criticism over controversies surrounding its chatbot Grok.The article A conversation with Max Tegma…
Back to Top / Thursday, August 14, 2025, 10:21 am / permalink 12320 / 2 stories in 6 months
Cowboy’s e-bikes granted a second life
Thomas Ricker / theverge - After months of speculation over the e-bike maker’s imminent demise, Cowboy says it now has the financial backing it needs to survive. The Brussels-based maker of boutique e-bikes says it has secured short-term financing to keep the lights on and a commit…
Back to Top / Thursday, August 14, 2025, 8:21 am / permalink 12308 / 2 stories in 6 months
xAI co-founder departs to launch new investment firm
xAI sees its co-founder Babuschkin exit the company to start his own investment venture. This unexpected departure amid recent controversies hints at internal shake-ups while injecting a twist that leaves the tech community both bemused and curious.
Back to Top / Wednesday, August 13, 2025, 6:20 pm / permalink 12278 / 2 stories in 6 months
CoreWeave’s shares plummet as losses eclipse AI-driven hype
CoreWeave’s initial rally faded as investors watched its mounting losses undercut the buoyant AI demand, leading to a swift drop in share prices. The market’s high expectations proved unsustainable, as financial missteps overshadowed the tech firm’s AI ambitions in a dramatic reversal that left Wall Street both bewildered and wryly entertained.
Back to Top / Wednesday, August 13, 2025, 8:21 am / permalink 12207 / 2 stories in 6 months
OpenAI and Sam Altman are reportedly creating a startup rival to Elon Musk's Neuralink
Steve Dent / engadget - Sam Altman is preparing to co-found a new company funded by OpenAI that will go up against Elon Musk's Neuralink, The Financial Post reported. The startup, called Merge Labs, will use AI for its brain-computer interface and compete directly with Neuralink…
Back to Top / Wednesday, August 13, 2025, 8:21 am / permalink 12205 / 7 stories in 6 months
OpenAI Backs Merge Labs in Bold Move Against Neuralink
Reports indicate that OpenAI is poised to invest in Merge Labs, a venture targeting brain-computer interface technology that directly challenges Musk’s Neuralink. This strategic backing underscores OpenAI’s commitment to revolutionizing neurotechnology while intensifying the competition in human-machine integration, sparking both excitement and skepticism in tech circles.
Back to Top / Tuesday, August 12, 2025, 8:20 pm / permalink 12195 / 4 stories in 6 months
1Kosmos Secures $57M Series B for Digital Identity Expansion
Identity verification platform 1Kosmos has successfully closed a $57 million Series B round, led by major investors including Forgepoint Capital. The infusion of capital is set to drive advancements in passwordless authentication and global expansion efforts, reinforcing the escalating focus on digital security innovation.
Back to Top / Tuesday, August 12, 2025, 8:20 pm / permalink 12194 / 1 stories in 6 months
Google vet raises $8M for Continua to bring AI agents to group chats
Marina Temkin / techcrunch - David Petrou, founding member of Google Goggles and Google Glass, wants to enhance group chats with AI.
Back to Top / Tuesday, August 12, 2025, 1:21 pm / permalink 12160 / 3 stories in 6 months
Remedy Is "Unsatisfied" With FBC: Firebreak Sales But It Still Plans To Turn Things Around
Darryn Bonthuys / gamespot - In its financial results for the first half of 2025, Remedy Entertainment says that it is "unsatisfied" by the post-launch sales of FBC: Firebreak. While the company says that its co-op PvE game reached 1 million players after launch in June--with high nu…
Back to Top / Tuesday, August 12, 2025, 8:20 am / permalink 12123 / 3 stories in 6 months
Belgian spacetech EDGX raises €2.3M to bring edge computing to space
Lucy Adams / tech - Belgian spacetech EDGX has closed a €2.3 million seed round to accelerate the commercial rollout of its onboard AI computing system for satellites, EDGX Sterna. The round was co-led by imec.istart fut...
Back to Top / Monday, August 11, 2025, 9:21 am / permalink 12047 / 1 stories in 6 months
US battery start-up Lyten buys Northvolt out of bankruptcy - Financial Times
google - US battery start-up Lyten buys Northvolt out of bankruptcy Financial Times
Back to Top / Thursday, August 7, 2025, 1:21 pm / permalink 11861 / 2 stories in 6 months
ElevenLabs Enters AI Music Fray With Licensed Data, Challenging Legally Embattled Rivals Suno and Udio
Markus Kasanmascheff / winbuzzer - Voice AI startup ElevenLabs launches Eleven Music, a generative AI service built on licensed data, avoiding the copyright lawsuits faced by competitors Suno and Udio.The post ElevenLabs Enters AI Music Fray With Licensed Data, Challenging Legally Embattle…
Back to Top / Tuesday, August 5, 2025, 8:21 am / permalink 11619 / 9 stories in 7 months
Skyrora wins green light to lob rockets from Scotland
Richard Speed / theregister - Launch license issued for suborbital Skylark L The UK's Civil Aviation Authority (CAA) has granted British rocketeer Skyrora a launch operator license.…
Back to Top / Tuesday, August 5, 2025, 4:20 am / permalink 11609 / 2 stories in 7 months