Founders Fund is nearing a $6 billion offering for its latest growth fund, sources say
Peter Thiel’s Founders Fund is nearing the end of its fourth growth fund, Founders Fund Growth IV, with $6 billion in capital commitments, according to people close to the company. As with most of the company’s financings, demand from outside investors has exceeded the fund’s capacity, sources said. Additionally, about $1.5 billion of the funding […]
Electric air taxis are about to start operating in 26 states.
The Federal Aviation Administration (FAA) has approved eight test programs that will allow a handful of companies, including Archer Aviation, Beta Technologies, Joby Aviation and Wisk, to begin extensive electric aircraft testing as early as this summer. The three-year program, which spans 26 states, is designed to help U.S. companies lead the way in next-generation […]
Anthropic launches code review tool to check large amounts of AI-generated code
When it comes to coding, peer feedback is critical to catching bugs early, maintaining consistency across the codebase, and improving the overall quality of the software. The rise of “vibe coding,” the use of AI tools that take instructions given in plain language and quickly generate large amounts of code, has changed the way developers […]
Blue Sky CEO Jay Graeber resigns
BlueSky CEO Jay Graeber will step down from his top leadership position and move into a new role as chief innovation officer, the company announced Monday. Toni Schneider will replace Graber, who helped grow the X and Threads competitors to 43 million users and the development of the underlying AT protocol, as interim CEO. Mr. […]
The Justice Department doesn’t seem intent on breaking up Live Nation and Ticketmaster
Following a high-profile antitrust case, the U.S. Department of Justice announced Monday that it has reached a tentative settlement with Ticketmaster and its parent company, Live Nation. After a 2010 merger, the combined Live Nation and Ticketmaster control the majority of ticket sales and venue bookings in the U.S., leaving talent with little choice but […]
OpenAI acquires Promptfoo to secure AI agents
OpenAI announced on Monday that it has acquired Promptfoo, an AI security startup founded in 2024 to protect LLMs from online adversaries. Frontier Labs said in a blog post that once the deal closes, Promptfoo’s technology will be integrated into OpenAI Frontier, the company’s enterprise platform for AI agents. The development of independent AI agents […]
Antropics sues Department of Defense over supply chain risk designation
Anthropic has made good on its promise to challenge the matter in court after the Department of Defense (DOD) late last week identified it as a supply chain risk. After weeks of conflict between Anthropic and the Pentagon over whether the military should have unrestricted access to Anthropic’s AI systems, Claude’s creator filed two complaints […]
Slate Auto changes CEO ahead of affordable EV launch
Slate Auto, the electric vehicle startup backed by Jeff Bezos, has replaced its CEO months before launching an affordable electric truck. Former Amazon Marketplace vice president Peter Faricy is the company’s new head, starting Monday, Slate spokesperson Jeff Jablansky told TechCrunch. Most recently, Faricy served as an advisor to McKinsey & Co. and Bessemer Venture […]
Dutch spies warn of Russian government hackers targeting Sign and WhatsApp users
Dutch intelligence agencies announced on Monday that Russian government hackers are targeting Signal and WhatsApp users, particularly government and military personnel, as well as journalists around the world. The Netherlands’ Defense Intelligence and Security Agency (MIVD) and the General Intelligence and Security Agency (AIVD) have announced details of a “large-scale global” hacking campaign against Signal […]
Zoox begins mapping Dallas and Phoenix for robotaxis
Zoox is currently mapping the streets of Dallas, Texas, and Phoenix, Arizona, in preparation for testing self-driving cars in two Sunbelt cities. The company announced Monday that it will send small numbers of Toyota Highlander SUVs to cities, where employees will drive the vehicles and help Zoox’s self-driving software map the terrain. Zoox will then […]