Sequence, which builds AI agents to automate B2B companies' revenue operations, raised a $20M Series A led by 645 Ventures, bringing its total funding to ~$40M — Sequence, which builds AI agents to automate revenue operations for B2B companies, raised $20 million in Series A funding, CEO Riya Grover tells Axios exclusively.
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Q&A with Rivian founder and CEO RJ Scaringe on founding Rivian in 2009, production challenges, the VW partnership, autonomy, AI, EVs, chips, CarPlay, and more — Today's Stratechery Interview is with Rivian founder and CEO RJ Scaringe. Last week Rivian held their Autonomy and AI Day …
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Adobe updates Firefly's app to add a prompt-based video editor using Runway's Aleph model, and adds image and video models from Black Forest Labs and others — Adobe is updating its AI video-generation app, Firefly, with a new video editor that supports precise prompt-based edits …
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Mozilla appoints Anthony Enzor-DeMeo as its CEO amid a challenging period for Mozilla's for-profit arm with layoffs, restructuring, and its Google dependence — Anthony Enzor-DeMeo says he thinks there's room for another browser, even an AI browser — as long as you can trust it.
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Databricks is raising a $4B Series L at a $134B valuation, up from $100B in August and $62B in December 2024, and had a $4.8B annual revenue run rate in October — The data-analytics and AI software company is raising over $4 billion and crossed $4.8 billion in annual revenue rate
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Visa says it will allow US banks to settle transactions using Circle's USDC stablecoin over Solana, the US' first full deployment of a stablecoin settlement — Visa Inc. is opening its US network to stablecoin settlement, expanding crypto-linked products and services enabled …
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Sources and a memo: Amazon plans to cut 370 jobs, or ~8.5% of its 4,370 employees, at its European HQ in Luxembourg, the country's biggest layoffs in 20 years — Amazon.com Inc.'s decision earlier this year to ax 14,000 employees around the globe is reverberating at the company's European headquarters in Luxembourg.
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Elizabeth Warren and two Democratic senators write to Google, Microsoft, Amazon, Meta, and more to investigate AI data centers' role in rising electricity costs — Three Democrats are seeking information from tech firms about the growing energy use of data centers and the utility bills of individuals and other businesses.
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VW plans to end vehicle production at its Dresden plant, which opened in 2001, and convert it into a research hub focused on AI, robotics, and chip design — The auto giant stopped making cars at the plant in Dresden, which opened in 2001, as it faces weaker demand and steep U.S. tariffs.
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Analysis: of the 8,808 global data centers in October 2025, ~7,000 are in areas outside the optimal 18C to 27C temperature range; 600 are in areas above 27C — In 21 countries, all data centers are located in climates that are too hot. — On paper, Singapore is a terrible location for a data center.
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As Europe rearms, Anduril is trying to break through in the UK by co-funding major programs, cutting manufacturing deals, and billing itself as “Anglo-American” — As Europe rearms, the US weapons maker is trying to break through in the UK by co-funding major programs …
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China approves two cars from state-owned automakers with Level 3 autonomous capabilities, the first such approvals; the cars can drive in Chongqing and Beijing — China's industry regulator on Monday approved two Chinese cars with level-3 autonomous driving capabilities …
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Global smartphone shipments in 2026 are set to shrink 2.1% due to rising memory costs, led by Chinese OEMs; DRAM price surges are set to raise costs by 10%-15% — - Global smartphone shipments in 2026 are expected to shrink 2.1% due to rising memory costs.
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How the rise of AI has divided Hollywood, as some oppose the use of the technology while others say they are exploring ways to utilize AI tools — While finishing Mercy, his upcoming film starring Chris Pratt, Timur Bekmambetov decided to make a new movie almost entirely generated by artificial intelligence.
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Sources say Monzo CEO TS Anil, who announced his exit and handover to ex-Googler Diana Layfield in October, was pushed out by the board over an IPO timing clash — Timing for fintech's planned listing was a key aspect of ructions ahead of TS Anil's surprise departure
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Shares in Chinese companies critical to AI infrastructure surged in 2025, with CATL up 45% and Sungrow up 130%, as exports boost margins despite Trump's tariffs — Companies such as battery maker CATL earn big margins on export sales despite US tariffs — Shares in Chinese makers of batteries …
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CoreWeave's market value fell $33B in six weeks amid construction delays at its Denton, TX AI data center, criticism from short seller Jim Chanos, and more — The data-center provider's terrible six-week slide picked up speed when a famous short seller piled concerns on top of delays
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OpenAI's chief communications officer Hannah Wong will leave in January; Wong joined in 2021 and led PR during Sam Altman's brief ouster and return in 2023 — Hannah Wong told staff she is moving on to her “next chapter.” The company will be running an executive search to find a replacement, according to a memo.
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Sources: the US has paused a tech trade deal with the UK, signed in September, over disagreements about the UK's digital regulations and food safety rules — The U.S. government has paused a tech-focused trade pledge with Britain over broader disagreements about Britain's digital regulations and food safety rules.
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Allen Institute for AI launches Bolmo 7B and Bolmo 1B, claiming they are “the first fully open byte-level language models”, built on its Olmo 3 models — Enterprises that want tokenizer-free multilingual models are increasingly turning to byte-level language models to reduce brittleness in noisy or low-resource text.
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Shares of Tesla closed at a 2025 high on Monday after the company confirmed it is testing driverless vehicles in Austin without a human safety operator — Nearly six months after launching a limited Robotaxi service in Austin, Texas with safety drivers in the car, the company …
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PayPal says it has filed applications to establish PayPal Bank to provide loans more efficiently to US small businesses and reduce its reliance on third parties — The payments company says it filed applications with the Utah Department of Financial Institutions and the FDIC to establish PayPal Bank
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Ford plans to repurpose its US battery manufacturing capacity to launch a battery energy storage business for data centers, amid a shift away from large EVs — Amid Ford's shift away from making large electric vehicles, the automaker is adding a new product line to find a home for its batteries.
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Shares of Broadcom, CoreWeave, and Oracle, companies tied to the AI infrastructure buildout, extend last week's decline; ORCL is down 46%+ since September 10 — In at least one corner of the artificial intelligence market, sentiment has turned decidedly negative.
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Intel appoints Robin Colwell, deputy assistant to President Trump and deputy director of the National Economic Council, as its head of government affairs — Intel (INTC.O) on Monday appointed an economic adviser to U.S. President Trump as its head of government affairs …
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Sources: Disney's Sora deal is entirely in OpenAI stock rather than a cash licensing fee; Disney has the option to buy additional stock beyond the $1B stake — OpenAI is getting access to Disney's kingdom without cutting a check. — The artificial intelligence company's recent deal …
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Sources: Notion told staff it is doing a $300M tender offer at an $11B valuation, ahead of a potential IPO; it passed $600M in ARR, half of it from AI products — The company, which sells a popular productivity software application and now wants to be an ‘AI everything’ app …
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How crypto entrepreneur Bill Zanker helped Trump and Melania launch memecoins; as of December 10, $TRUMP was down 92% since its peak and $MELANIA was down 99% — No one wants to claim credit for helping the first couple launch cryptocurrencies that plummeted more than 90% from their peak.
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