Image Credits:Yuichiro Chino / Getty Images 3:14 PM PDT · June 5, 2025 Anysphere, the maker of AI coding assistant Cursor, has raised $900 million at a $9.9 billion valuation, Bloomberg reported. The round was led by returning investor Thrive Capital, with participation from Andreessen Horowitz, Accel, and DST Global. The massive round is Anysphere’s…
Image Credits:KTSDESIGN/SCIENCE PHOTO LIBRARY / Getty Images 3:06 PM PDT · June 5, 2025 Circle, one of the world’s largest issuers of USDC, a stablecoin pegged to the U.S. dollar, ended its first trading day as a public company at $83.23 per share, 168% above its IPO price of $31 set the previous day. The…
Meanwhile, a new consumer sentiment survey finds most people want someone else to run the EV company. When Elon Musk appeared in the White House last week at a ceremony with President Donald Trump marking the end of his controversial role leading the federal job-slashing DOGE initiative, he sported a shiner on his right eye…
Despite what some experts have characterized as an environment increasingly hostile to AI R&D, North America continues to receive the bulk of AI venture dollars, according to data from investment tracker PitchBook. Between February and May of this year, VCs poured $69.7 billion into North America-based AI and machine learning startups across 1,528 deals. That’s…
A film that will portray the chaotic time at OpenAI, when co-founder and CEO Sam Altman was fired and rehired within a span of just five days, is reportedly in the works. According to The Hollywood Reporter, the movie is titled “Artificial,” and it’s in development at Amazon MGM Studios…
TAE Technologies raised $150 million from investors including Google, Chevron, and others…
My Dad is a very hard guy to shop for, but this gift was a slam dunk…
Efficient, quiet, and packed with smart features…
Anthropic has given its AI a blog. A week ago, Anthropic quietly launched Claude Explains, a new page on its website that’s generated mostly by the company’s AI model family, Claude. Populated by posts on technical topics related to various Claude use cases (e.g. “Simplify complex codebases with Claude”), the blog is intended to be…
HR tech startup Deel filed an amended complaint on Tuesday in its ongoing legal battle against its archrival Rippling that offers surprising new details about its own corporate spying allegations. Rippling sued Deel in March after a Rippling employee testified in an Irish court that he was spying on his employer for the rival in…