According to him, the mood regarding the current AI boom is not very good, even in the tech industry. a long social media post From Dedi Das, partner at Menlo Ventures. Das described San Francisco as “pretty frantic right now,” adding, “The divide in results is the worst I’ve ever seen.” Using “back-of-the-envelope AI calculations”,…
AI-powered marketing platform Nectar Social announced on Thursday It raised a $30 million Series A round led by Menlo Ventures its collection fund, Which was created with Anthropic. The company, which officially spun out of Stealth last year, is an agentic operating system for marketers. It told TechCrunch that it uses autonomous AI agents to…
OpenAI co-founder and president Greg Brockman is officially taking the reins of the company’s product strategy. according to wired. This appears to reinforce a change already in place, with Brockman overseeing OpenAI’s products on an interim basis while the company’s CEO of AGI deployments, Fidzi Simo, is on medical leave. Wired also reports that in…
Cerebras Systems was the biggest tech IPO of 2026 so far. But several years ago, millions were wasted working on a chip that many considered impossible. Source link
Codex is going mobile. Coding tool – launched by OpenAI about a year ago – ChatGPT is now integrated into the app, allowing users to remotely monitor and manage their development workflow. The new function allows users to view their codecs live environment in any device where it is running. The company announced the changes…
AI-powered app-building platform Lovable has backed a Danish hardware startup, AtecWhich wants to introduce “vibe coding” into the process of building hardware. Lovable was part of an $800,000 pre-seed round that also included A16Z’s scout fund, Sequoia Scout Fund. and nordic makers. Speaking with TechCrunch, Gustave Hugod, head of customer experience at Atech, said the…
Technology giant Cisco is cutting less than 4,000 jobs or about 5% of its workforce despite reports Better than expected profits and revenues In its fiscal third quarter. The networking equipment maker said it is reducing its workforce to change its “cost structure” and invest in AI and cybersecurity. Cisco’s decision follows a recent trend…
Elon Musk’s The power plants are considered “mobile” by the state of Mississippi because they sit on flatbed trailers, thus allowing them to avoid air pollution regulations for a year. The NAACP, which filed the lawsuit on behalf of area residents, says uncontrolled emissions from the turbines are worsening air quality in an already polluted…
Rivian spinoff company Mind Robotics has raised another $400 million after just two months raise $500 millionAs it works to develop industrial robotics that can further automate factory operations. The funding round, first reported by the Wall Street Journal, was led by Kleiner Perkins. The venture arms of Volkswagen, which has partnered with Rivian on…
Electronics manufacturing giant Foxconn, which makes devices and components for Apple, Google, Nvidia and Sony among other tech giants, confirmed on Monday that it has been hit by a cyberattack that may have affected some of its factories. In a statement sent to media outlets, Foxconn said the cyberattack affected facilities in North America, and…
