Aetherflux, the space solar startup founded by Baiju Bhatt, the billionaire co-founder of Robinhood, has raised $50 million in a Series A round as it works to launch its first low Earth orbit demonstration in 2026.  The San Carlos, California-based startup, which came out of stealth last October, aims to eventually launch a constellation of […]

Circle, the issuer of USDC, a stablecoin pegged to the U.S. dollar, filed to go public on Tuesday. The company, which makes money from interest earned on its reserve assets, reported that its 2024 revenue and reserve income was $1.68 billion, up from $1.45 billion the year prior. Circle’s 2024 net income was $156 million, […]

When OpenAI unveiled its o3 “reasoning” AI model in December, the company partnered with the creators of ARC-AGI, a benchmark designed to test highly capable AI, to showcase o3’s capabilities. Months later, the results have been revised, and they now look slightly less impressive than they did initially. Last week, the Arc Prize Foundation, which […]

Epic Games CEO Tim Sweeney, whose company makes Fortnite and tools for other developers, including Unreal Engine, called out Apple and Google as “gangster-style businesses” engaged in illegal practices while speaking at a Y Combinator event on Wednesday. The executive also emphasized how the big tech companies’ practices directly affected his own business by scaring […]

Starting Wednesday, Meta says it will begin combining the Instagram accounts of the Second Lady of the United States, Usha Vance, and the former Second Gentleman of the United States, Doug Emhoff. As a result, the 1.2 million people who were previously following the Instagram account of Kamala Harris’s husband, @secondgentleman46archive (recently archived by the […]

Rippling released the affidavit of the its employee who admitted he was spying for Deel. 

As it prepares to transition from a nonprofit corporation to a for-profit, OpenAI says it’s convening a group of experts to “help OpenAI’s philanthropy understand the most urgent and intractable problems nonprofits face today.” This group, which OpenAI says will incorporate feedback from “leaders and communities” in health, science, education, and public services, particularly within […]

Automattic, the company behind WordPress.com, Tumblr, WooCommerce, and a range of other online services, is reducing its workforce. The layoffs will impact 16% of staff across divisions, an Automattic blog post published Wednesday reveals. Ahead of the layoffs, Automattic’s website listed 1,744 employees, which means north of 270 people may have lost their jobs. (Automattic […]

TikTok, owned by the Chinese company ByteDance, has been at the center of controversy in the U.S. for four years now due to concerns about user data potentially being accessed by the Chinese government. Earlier this year, the app experienced a temporary outage in the U.S. that left millions of users in suspense before it […]

Epic Games announced on Wednesday the acquisition of Loci, an AI platform for automated tagging 3D assets. The deal will help creators with the labor-intensive process of tagging as well as to help detect potential intellectual property (IP) violations. Loci, which uses computer vision models to understand 3D content, automatically tags 3D assets, making content […]

Amazon has submitted a bid to acquire all of TikTok, according to a new report from The New York Times. The last-minute bid comes as TikTok faces an April 5 deadline to shed its Chinese ownership or face a ban in the U.S. However, the parties involved in the deal talks do not appear to […]

Redwood Materials has been on an expansion tear in recent years — growth that has extended the lithium-ion battery recycling and materials startup’s footprint well beyond its Carson City, Nevada headquarters as it locked up deals with Toyota, Panasonic, and GM, started construction on a South Carolina factory, and made an acquisition in Europe. And […]

Google DeepMind on Wednesday published an exhaustive paper on its safety approach to AGI, roughly defined as AI that can accomplish any task a human can. AGI is a bit of a controversial subject in the AI field, with naysayers suggesting that it’s little more than a pipe dream. Others, including major AI labs like […]

A new security fund aims to help apps in the fediverse — like Mastodon, Threads, and Pixelfed — to pay researchers for disclosing security bugs.

During the COVID-19 pandemic, mortgage interest rates dropped to historic lows — as low as 2.5%. Fast-forward a few years and rates soared — to highs nearing 8% in 2023, with the national average 30-year fixed mortgage APR as of April 1 still at 6.84%.  The whiplash has left many people seeking to buy homes […]

Anthropic announced on Wednesday that it’s launching a new Claude for Education tier, an answer to OpenAI’s ChatGPT Edu plan. The new tier is aimed at higher education, and gives students, faculty, and other staff access to Anthropic’s AI chatbot, Claude, with a few additional capabilities. One piece of Claude for Education is “Learning Mode,” […]

Actively AI argues that most AI sales reps have "failed." It just raised $22.5 million.

Cloud infrastructure is dominated by several large industry players: AWS, Microsoft’s Azure, and Google Cloud. While to some it may look like AI is headed in a similar direction, the founders of Parasail think AI infrastructure will look very different — and are betting their company’s fate on it. Parasail works with dozens of providers to […]

Patreon, a subscription platform for online creators, has signed podcasting partnerships with Sony Music Entertainment and Amazon’s Wondery, the company announced on Wednesday. Patreon says the partnerships are designed to make the site a home to fan engagement and exclusive perks for shows from major podcast networks, as the company looks to expand beyond its […]

Roblox, the popular gaming platform geared toward preteens, has made substantial updates to its safety policy in the last year following accusations of insufficient safety measures for children, which could expose them to risks like grooming, explicit content, and violent material.  The company announced Wednesday three new parental control features, including the option for them […]