Thinking Machines Lab, the secretive AI startup founded by OpenAI’s former chief technology officer Mira Murati, has closed a $2 billion seed round, according to The Financial Times. The deal values the 6-month-old startup at $10 billion. The company’s work remains unclear. The startup has leveraged Murati’s reputation and other high-profile AI researchers who have … Read more
When Baiju Bhatt stepped away from his role as Chief Creative Officer at Robinhood last year, only those close to him could have predicted his next move: launching a space company built around tech that the aerospace industry has largely dismissed, and which might be more groundbreaking than anyone realizes. If people aren’t paying much … Read more
For some tense minutes on Wednesday, X users were surprised to see one of those crypto “airdrop” posts on Andreessen Horowitz’s blue check-marked account. A second tweet said that $5 million had already been given away. That account has 851,000 followers. A member of a16z’s crypto team saw the tweet and immediately posted a warning … Read more
The latest San Francisco startup culture drama happened on Monday night. And it centered around “the most legendary party that never happened,” Cluely founder and CEO Roy Lee tells TechCrunch. Cluely had hoped to throw an after-party for a Y Combinator event occurring on Monday and Tuesday called AI Startup School. The event drew crowds … Read more
In an effort to resonate with younger users amid declining user engagement, Tinder announced on Tuesday the launch of a new Double Date feature, which allows users to team up with friends and chat with potential matches together. Double Date lets users pair up with a friend and browse through other paired users who share … Read more
While Silicon Valley executives like those from Palantir, Meta, and OpenAI are grabbing headlines for trading their Brunello Cucinelli vests for Army Reserve uniforms, a quieter transformation has been underway in the U.S. Navy. How so? Well, the Navy’s chief technology officer, Justin Fanelli, says he has spent the last two and a half years … Read more
DNA testing service 23andMe has undergone serious upheaval in recent months, creating concerns for the 15 million customers who entrusted the company with their personal biological information. After filing for Chapter 11 bankruptcy protection in March, the company became the center of a bidding war that ended Friday when co-founder Anne Wojcicki said she’d successfully … Read more
New York state lawmakers passed a bill on Thursday that aims to prevent frontier AI models from OpenAI, Google, and Anthropic from contributing to disaster scenarios, including the death or injury of more than 100 people, or more than $1 billion in damages. The passage of the RAISE Act represents a win for the AI … Read more
Felicis founder Aydin Senkut is celebrating his 20th year as an institutional early-stage investor by announcing the firm’s biggest fund yet: a $900 million Fund X. This follows the $825 million Fund IX raised in 2023 and the $600 million Fund XIII raised in 2021. Felicis, a seed and Series A firm, is known for … Read more
When Apple unveiled Image Playground last year, the company touted it as a quick and easy way to generate personalized, original images with the help of Apple Intelligence. Upon launch, the app was met with skepticism, as some users were disappointed by its limitations and low-quality results. For example, one Reddit user was surprised to … Read more