Black Forest Labs raises $300M at $3.25B valuation

German AI Lab Black Forest Labs on Monday said it has raised $300 million in a Series B funding round, valuing the company at $3.25 billion. The round was co-led by Salesforce Ventures and Anjani Midha (AMP), and saw participation from a16z, NVIDIA, Northzone, Crendum, Earlybird VC, Broadlight Capital, General Catalyst, Temasek, Bain Capital Ventures,…

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Noem says she's 'still in charge' of DHS

Department of Homeland Security (DHS) Secretary Kristi Noem said Friday that she is “still in charge” of her department as White House border czar Tom Homan takes greater control of President Trump’s immigration agenda. Noem has come under criticism after two fatal shootings by immigration officers in Minneapolis, sparking outrage over Immigration and Customs… Source…

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eBay to lay off 800 staff

eBay is cutting about 800 jobs, or 6% of its full-time workforce. “We are taking steps to reinvest in our business and align our structure with our strategic priorities, which will impact certain roles in our workforce,” the company said in a statement. “We are grateful for the contributions of the affected employees and are…

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