Angel Au-Yeung / Wall Street Journal : Some AI startups are boosting their valuations by raising capital in back-to-back or multitiered d...
Some AI startups are boosting their valuations by raising capital in back-to-back or multitiered deals, raising questions about how much they are really worth — The race to get into hot AI startups has led to unequal deals for investors, raising questions about how much companies are really worth
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Ubicquia, which provides software to utilities, cities, and companies to manage energy infrastructure like transformers, raised a $106M Series D — Ubicquia, which deploys digital tech for infrastructure, raised a $106 million Series D, CEO Ian Aaron tells Axios Pro exclusively.
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Anthropic says DeepSeek, MiniMax, and Moonshot violated its ToS by prompting Claude a combined 16M+ times and using distillation to train their own products — The allegations mirror those of OpenAI, which told House lawmakers that DeepSeek used ‘distillation’ to improve models
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Internal memo: Lightricks, creator of photo editing app Facetune, is splitting its consumer app unit from its GenAI unit LTX to better capture the growth in AI — The creator of the Facetune photo editing app, Lightricks, is splitting its consumer app business from its generative AI video platform LTX …
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Sources: Trump's “Board of Peace” is exploring a USD-pegged stablecoin for Gaza; a source says it will not be a “Gaza Coin” or a new Palestinian currency — Proposal to launch cryptocurrency pegged to US dollar comes after cash supply was decimated during Israeli offensive
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Software stocks extend their weeks-long selloff, with AppLovin, Datadog, Workday down 7%+; several of the biggest decliners were discussed in a post by Citrini — The weeks-long selloff in software stocks deepened Monday amid general unease about the threat posed by AI.
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Anthropic details the AI Fluency Index, tracking 11 behaviors that represent human-AI collaboration and measure how people collaborate with AI — People are integrating AI tools into their daily routines at a pace that would have been difficult to predict even a year ago.
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Sources: PayPal is attracting takeover interest from potential buyers after its stock fell ~46% over the last 12 months, giving PayPal a market value of ~$38.4B — PayPal Holdings Inc., the digital payments pioneer, is attracting takeover interest from potential buyers after a stock slide wiped …
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Finnish quantum computing company IQM plans to go public via a SPAC merger with New Jersey-based Real Asset Acquisition in a deal set to value it at $1.8B — IQM Quantum Computers will go public through a merger with a blank-check vehicle in a deal expected to value the Finnish quantum computing firm …
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Sources: Microsoft was forced to announce Xbox leadership changes early on Friday because the news had begun to leak to IGN, causing a day of internal chaos — Microsoft has a new gaming CEO who wants to bring Xbox back from the brink. … Xbox fans had been anticipating the retirement …
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