Alan Dye, the design executive who led Apple’s user interface team for the past decade, is leaving the company to join Meta, according to a report. report From Bloomberg’s Mark Gurman. This is an important appointment for Meta, as the company continues to push toward consumer devices. smart glasses and virtual reality headsets. Dye will…
Vulcan Elements, a rare-earth magnet startup Backed by Donald Trump Jr.’s VC firm 1789 Capitalhas won a $620 million contract from the US Department of Defense As reported by the Financial Times. The contract is part of a $1.4 billion partnership with the U.S. government and ReElement Technologies to expand and boost domestic supply of…
Two more nuclear companies have been awarded large grants by the Trump administration. Tennessee Valley Authority and Holtec will each gets $400 million From the Department of Energy to build small modular reactors based on existing nuclear fission technology. TVA will build one 300-MW reactor from GE Vernova Hitachi in Tennessee, while Holtec will build…
Anthropic is preparing for an IPO that could come as early as 2026, FT reports. It has called in law firm Wilson Sonsini to help start the process, and the company is tackling an internal checklist to prepare it for one of its biggest IPOs ever. The company is also reportedly looking to raise a…
latest bid to squeeze Restrictions on states regulating AI The annual defense bill has reportedly been rejected after facing bipartisan opposition. House Majority Leader Steve Scalise (R-LA) said Tuesday that Republican leaders would look for “other places” to include the measure — an effort that President Trump has supported — according to hill, The proposal…
Prediction market Kalshi, which allows people to bet on future events, announced It raised a $1 billion funding round at an $11 billion valuation on Tuesday, TechCrunch confirmed. Scoop from last month, The round was led by returning investor Paradigm, with participation from Sequoia Capital, Andreessen Horowitz, Capital G and other existing backers. The latest…
Gradium, a Startup Spoon French AI lab out of Qitai (backed by French telecoms billionaire Xavier Niel), quietly launched on Tuesday with a $70 million seed round from select investors. The round was led by FirstMark Capital and Eurazeo, with participation from Neal, DST Global Partners, billionaire Eric Schmidt and other investors. gradium Audio language…
Earlier today, Shopify suffered a major disruption that disrupted the operations of many merchants, leaving them unable to complete transactions. According to Shopify status pageThe company has found the problem and fixed it. The disruption is especially problematic because customers were actively searching for deals on Cyber Monday, one of the busiest online shopping days…
The AI boom is proving unpredictable for the construction workers building the massive data centers that power it. According to WSJWorkers moving into data-center construction are seeing pay increases of 25% to 30% compared to their previous jobs — and in some cases, much more. One of them is Daymond Chambliss, who sold his small…
OpenAI is taking an ownership stake in Thrive HoldingsWhose parent company is Thrive Capital, one of the major investors in the AI giant. Thrive Holdings operates like a private equity firm for AI, bringing in companies it believes could benefit from the technology in areas such as accounting and IT services. Neither company has disclosed…
