Blue Sky announces $100 million Series B after CEO change
Social network Bluesky is gearing up for big changes with today’s news that it has raised $100 million in Series B funding. The round, led by Bain Capital Crypto, was completed in April 2025 and was previously undisclosed. Other companies participating in this round include Anthos Capital, Bloomberg Beta, and Knight Foundation, in addition to […]
Meta deploys new AI content enforcement system while reducing dependence on third-party vendors
Meta announced Thursday that it will begin deploying a more advanced AI system to handle content enforcement as it plans to cut back on third-party vendors. Tasks related to content enforcement include capturing and removing content related to terrorism, child exploitation, drugs, fraud, and fraud. The company says that once these more advanced AI systems […]
In the end Meta decided not to shut down Horizon Worlds on VR
According to an Instagram post from Meta’s CTO, Andrew Bosworth, Meta is not ending VR support for Horizon Worlds after all, which should come as a huge relief to the five or so people. “In fact, we made the decision today to keep Horizon Worlds running in VR,” Bosworth said as part of a Q&A […]
FBI seizes website of pro-Iranian hacker group following devastating hack by Stryker
Last week, the FBI seized and removed two websites associated with the pro-Iranian hacktivist group Handara, which claimed responsibility for the devastating cyberattack on U.S. medical technology giant Stryker. As of Thursday, the content of the website where Handara publicized the hack and another website the group used to keep dozens of people under wraps […]
Rivian sacrifices 2027 profit target for greater autonomy
Rivian is spending so much money on its autonomy efforts that it no longer expects to hit its long-anticipated profitability goals in 2027, the company said Thursday. The company said it expects research and development costs to increase as it accelerates efforts to develop self-driving technology, and does not expect to achieve positive EBITDA by […]
Alphabet X spins out again to pursue one of the world’s most expensive bureaucratic nightmares
For more than a decade, Alphabet’s X Moonshot factory has been quietly trying to improve one of the world’s most stubborn industries. It has failed twice, but this time the industry itself is on board. On Thursday, X announced that Anori, a platform for streamlining the notoriously complex process of building approvals and construction, has […]
K2 launches first high-performance satellite for space computing
An ambitious satellite maker plans to launch one of the most powerful spacecraft ever built in the coming weeks to demonstrate the technology needed to build data centers in orbit. K2 Space, founded in 2022 by brothers and former SpaceX engineers Karan Kunjur and Neil Kunjur, has packed the Gravitas satellite onto a SpaceX Falcon […]
Consumer-focused privacy company Cloaked raises $375 million to expand into enterprise
Consumer-grade security tools often focus on one type of measure, such as password protection, VPN, or identity management. Because of this, people need to use multiple tools to protect their data privacy. Cloaked, a company that offers a bundle of alternative security and privacy solutions, announced Thursday that it has secured $375 million in Series […]
Ark expands commercial electric and defense boat business with $50 million in funding
Los Angeles startup Ark Boat Company is expanding its nascent commercial operations to include selling electric propulsion systems to defense contractors, fulfilling founder Mitch Lee’s desire to electrify everything on the water. To that end, Arc has raised $50 million in a Series C funding round from Eclipse, a16z, Menlo Ventures, Lowercarbon Capital, Necessary Ventures, […]
Two Palantir veterans secretly show up with $30 million and Sequoia’s endorsement
Edra, a New York-based startup that claims to help companies automate their workflows by turning existing operational data into a living knowledge base, just received a meaningful vote of confidence. A $30 million Series A led by Sequoia with participation from 8VC and A*, a venture firm founded by serial entrepreneur Kevin Hartz. The founder […]