Figma CEO Dylan Field forfeits ~$46M in stock awards to revive investor confidence amid AI disruption fears; FIG is down ~77% from its peak more than a year ago — Video Player is loading. — Unmute — Current Time 0:00 Loaded: 17.59% Playback Rate — captions off, selected — English
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Sources: Panthalassa, which aims to power data centers in the ocean using energy generated by waves, is raising $225M at a ~$2B valuation, up from $1B in May — AI data centers need boatloads of power, a need that's set off a flood of investment into startups harnessing nuclear or solar energy to run the servers.
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Sources: Nscale told potential backers it generated $100M+ in Q2 revenue, up from $37M in Q1, and has $51B in contracts, ahead of a possible September US IPO — Nscale is telling prospective investors it has about $51 billion of total contracted revenue ahead of a US initial public offering …
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Scientists trained AI on genetic sequences to design viruses not found in nature, yielding viable viruses that can infect bacteria but pose no threat to humans — Scientists trained artificial intelligence on libraries of DNA and then asked the model to create recipes for viral genomes.
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Suno plans to adopt new watermarking and fingerprinting tech, transparency tools, and a new download policy to limit the spread of spammy AI tracks — The company is changing its download policy and rolling out new watermarking technology. … Suno announced plans to implement …
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