OpenAI says it is generating $2B in monthly revenue, with enterprise accounting for 40%+ of it, and is on track to reach parity with consumer by the end of 2026 — Today, we closed our latest funding round with $122 billion in committed capital at a post money valuation of $852 billion.
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Analysis: half of Asia's 10 most volatile stocks are recent AI IPOs, including China's Moore Threads and MiniMax, driven by thin institutional ownership — Chinese artificial-intelligence firms have emerged as one of the most volatile pockets of Asia's equity markets, with shares …
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Grab, in partnership with WeRide, launches a robotaxi service in Singapore, becoming Southeast Asia's first ride-hailing provider to offer a driverless service — Singapore's Grab Holdings Ltd. became Southeast Asia's first ride provider to start a driverless service, betting the technology …
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A suspected system failure caused a number of Baidu robotaxis to stop across Wuhan, trapping passengers and reportedly causing traffic disruptions and crashes — A suspected system failure froze Baidu's robotaxis across Wuhan, trapping passengers and reportedly causing traffic disruptions and crashes.
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The European Union's main institutions have banned staff from using fully AI-generated videos and images in official communications — BRUSSELS — The European Union's main institutions have banned staff from using artificially generated videos and images in official communications.
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Perplexity faces a proposed class action lawsuit alleging it shared users' personal data with Meta and Google even in Incognito mode, violating CA privacy laws — Perplexity AI Inc. was accused in a lawsuit of surreptitiously sharing the personal information of its users with Meta Platforms Inc …
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Apple says it will push out rare “backported” patches for iOS 18 to protect users from DarkSword, a hack that silently takes over iPhones running the older OS — As a DarkSword takeover technique spreads, Apple tells WIRED it will release fixes for millions of iPhone owners …
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Mercor confirmed it was affected by a recent supply chain attack involving LiteLLM; hacker group Lapsus$ claims it accessed and stole Mercor's data — Mercor, a popular AI recruiting startup, has confirmed a security incident linked to a supply chain attack involving the open-source project LiteLLM.
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Kestra, an open-source workflow orchestration startup, raised a $25M Series A led by RTP Global, as Kestra looks to expand its go-to-market strategy — Kestra, an open-source workflow orchestration startup, raised a $25 million Series A led by RTP Global, CEO Emmanuel Darras tells Axios Pro exclusively.
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Depthfirst, which aims to build a “general security intelligence” for finding and fixing company vulnerabilities, raised an $80M Series B at a $580M valuation — AI cybersecurity firm Depthfirst has scored $120 million in funding to build a kind of “general security intelligence” that can defend against malicious AI.
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Source: Google plans to release a screenless Fitbit band later this year; it will include basic features and require a paid subscription for more functionality — Alphabet Inc.'s Google is developing its own fitness band, aiming to compete with screenless wearable devices from upstarts like Whoop Inc. and Oura Health Oy.
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Salesforce announces over 30 new features for Slack, including a meeting transcription feature and an operator mode to complete multi-step tasks on the desktop — For years, Slack has been where teams go to communicate. Now, it's setting its sights on something bigger …
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NYC Mayor Zohran Mamdani allows city agencies to use TikTok, with some restrictions, reversing a 2023 ban his predecessor enacted over data security concerns — The @nycmayor handle had been inactive since 2023 when former Mayor Eric Adams banned TikTok from being used on city government devices due …
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Sources: AT&T agreed last week to a deal worth up to $2B to upgrade the FirstNet emergency cellular network it runs for the Commerce Department — Commerce Secretary Howard Lutnick hashed out FirstNet program changes with AT&T CEO — AT&T agreed to a deal worth up to $2 billion …
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Sources: Microsoft is in talks with Chevron and investment fund Engine No. 1 over a $7B Texas power plant that would initially generate 2.5 GW of electricity — Microsoft Corp. is in exclusive talks with Chevron Corp. and investment fund Engine No. 1 over a long-term deal that would underpin …
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Letters to Sen. Ed Markey: six autonomous vehicle companies say remote assistants don't directly control vehicles; Tesla says its operators are allowed to do so — The electric-car maker says it happens rarely and at speeds below 10 mph. But the disclosure—in response to a US senator's questions …
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Sources: threat actors stole Cisco source code by breaching its internal development environment using credentials from a recent Trivy supply chain attack — Cisco has suffered a cyberattack after threat actors used stolen credentials from the recent Trivy supply chain attack to breach …
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An excerpt from the book The Infinity Machine details how DeepMind's early governance battles with Google changed Demis Hassabis from an idealist into a realist — The inside story of how DeepMind's experiments in AI safety governance transformed Demis Hassabis from an idealist into a realist
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Samsung launches Hearapy, a free Android app to mitigate motion sickness by playing a 100Hz sine wave tone; a 60-second session can provide two hours of relief — Listening to a 100Hz sine wave tone for just 60 seconds could reduce motion sickness symptoms for up to two hours.
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Austin-based Saronic, which builds military autonomous ships, raised a $1.75B Series D led by Kleiner Perkins at a $9.25B valuation, up from $4B in Feb. 2025 — Autonomous ship startup Saronic said Tuesday that it's raised $1.75 billion as it ramps up production to meet mounting U.S. military demand …
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Anthropic confirms it leaked parts of Claude Code's source code, saying the leak was “a release packaging issue caused by human error, not a security breach” — Anthropic leaked part of the internal source code for its popular artificial intelligence coding assistant, Claude Code, the company confirmed on Tuesday.
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Sequoia says Doug Leone is returning in a newly created role of chairman, after he announced his retirement in 2022 from his role as “senior steward” — Three years after his official retirement, the Midas List investor is back in a new supervisory role at the blue chip Silicon Valley fund.
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Microsoft stock plunged 23% in Q1, a steeper drop than any of its tech peers or the Nasdaq, and its steepest quarterly drop since the 2008 financial crisis — Microsoft just closed out its worst quarter on Wall Street since the 2008 financial crisis, as investors soured on the software giant's prospects in artificial intelligence.
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Yupp, which raised a $33M seed led by a16z crypto in 2024 for a crowdsourced AI model picker, shuts down, saying it didn't reach strong product-market fit — Sometimes an apparently good idea, a big raise from a big-name VC, and a sea of well-connected angel investors is not enough.
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Snap shares climbed 14% on Tuesday after activist investor Irenic suggested changes to boost the stock's value 7x, such as cutting staff by 21% and ending Specs — Shares of Snap climbed 14% Tuesday after shareholder Irenic Capital Management sent a letter to CEO Evan Spiegel outlining changes …
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