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Data signing company AI confirmed on Friday that it had received a “significant” investment from Meta, which values the startup at $29 billion. The startup also said co-founder and CEO Alexandr Wang has stepped down from his role, joining Meta and supporting large companies with AI jobs. According to reports, Meta invested around $14.3 billion in 49% stake in the startup. This generates and labels data used to train large-scale language models that support a significant portion of the generation AI development. Meta confirmed the investment. “META has completed its strategic partnership and investment in scale AI, and as part…
Apple has revealed that the currently patched security flaws present in messaging apps are actively exploited in the wild to target civil society members in sophisticated cyber attacks. Vulnerabilities tracked as CVE-2025-43200 include iOS 18.3.1, iPads 18.3.5, iPads 17.7.5, Macos Sequoia 15.3.1, Macos Sonoma 14.7.4, Macos Ventura 13.7.4, Watchos 11.3.1, and Visions 2.1.1.1.4, MacOS Socona 14.7.4, “There was a logic issue when dealing with malicious photos or videos shared via iCloud links,” the company said in its advisory, adding that the vulnerability was addressed with improved checks. The iPhone maker also acknowledged that the vulnerability could have been “exploited in…
Just a month ago, it was plagued by a near-universal bearish outlook, and some analysts have warned that if Israeli attacks on Iran, oil prices could surge to more than $15 if it were to occur, according to some analysts. Gross prices surged by 5% overnight, before they could make a profit, as President Donald Trump announced the withdrawal of some US officials from embassies and bases in the Middle East. The fear of military escalation between Iran and Israel has led to a surge in 5% overnight. The frontline contract for global benchmark Brent crude was trading at $69…
It was Thursday, June 12th, 2025 and returned with a daily roundup of high-tech funding. It tracks where capital flows and which startups are pacing across AI, fintech, hardware and enterprise infrastructure. It’s a relatively quiet day in terms of fundraising, but today’s lineup is home to a billion-dollar valuation, highly efficient AI breakthroughs, and next-generation robots in the spotlight, with punches still packed with. From San Sebastian to San Francisco, a handful of bold bets reveal where investors’ convictions are still deep. Fundraising highlights Today’s highlights include Chime’s $700 million IPO debut, bringing fee-free banking operations to the public…
Sounds like the beginning of a 21st century horror movie. The history of your browser has been public and you didn’t know it. It’s basically what feels like it is now with the new standalone meta AI apps now. There, many people are publicly revealing ostensibly private conversations with chatbots. When you ask the AI questions, you have the option to press the share button. This will take you to a screen that shows you a preview of your post and allow you to publish it. However, some users seem unaware that they are publicly sharing conversations, audio clips, and…
Bluesky misses the opportunity to explain to people that its network is more than just a Bluesky social app. Many headlines and posts have questioned whether Bluesky’s growth has been declining, whether the network is in a left-leaning echo chamber, or even among other fees if users don’t have a sense of humor. Investor Mark Cuban, who financially backed Skylight, a video app built on Bluesky’s underlying protocol, complained this week that the reply on Bluesky was too hated. “Engagement is from a great combo on many topics to agree with me, or you’re a Nazi fascist,” he wrote in…
The Internet’s AI infrastructure has hit a wall. Massive outages across the Google Cloud platform have caused widespread disruptions to services that power many of today’s AI tools. Firebase is down. Supabase is struggling. Vibe coding app cursor is not loaded. I’ve stopped working for a beloved job. And that’s just the beginning. Google Cloud and CloudFlare hit widespread service outage Everything goes back to Google’s US-Central1 region. There, service disruption began to roll through the core system around 1:50pm. From there the dominoes fell. “Several platforms, including music streaming service Spotify and instant messaging platform Discord, went down for…
Tesla sued a former engineer who was allegedly stole trade secrets from Optimus, a humanoid robotics program, and used them to launch a rival startup. The lawsuit filed Wednesday and first reported by Bloomberg accused Zhongjie “Jay” Li of stealing trade secrets on the development of Tesla’s “advanced robotic hand sensors” and launching his startup prop to build a robotic hand that will build a company by Y combination. The complaint says Li, who worked for Tesla from August 2022 to September 2024, downloaded sensitive information about Optimus on two separate personal smartphones. The complaint also added that in the…
The Internet’s massive swath went down on Thursday, impacting a range of services, from global cloud platform CloudFlare to popular apps such as Spotify. The Google Cloud outage appears to be at the root of the confusion in these other services. Google Cloud said it began investigating a service issue affecting customers at 11:46am. At 2:23 P..M PT, the company said it had implemented mitigation and hopes to regain and execute the service within an hour. “We are currently investigating the disruptions to Google Cloud services,” Google Cloud spokesman Devon Smimey said in an email to TechCrunch. At 11:19am, CloudFlare…
Chime opened strongly on the Nasdaq on Thursday, priced the stock at $27 before reaching $43. The digital banking startup raised about $700 million in IPOs, with early supporters winning an additional $165 million. The stocks are traded under the ticker symbol chim. The IPO sets Chime valuation at $11.6 billion. This is when companies like Sequoia poured cash into high-growth fintech bets at the 2021 private market peak than half the $25 billion price tag. But in today’s reset environment, the number remains open to chimes among the most valuable consumer fintech companies for years. Chime’s Offering is the…