Benchmark, the renowned Silicon Valley venture capital firm, has ended its long-standing practice of limiting fund sizes to around $425 million by launching its first-ever growth fund, contributing to a total capital raise of $2 billion.
Apple's App Store saw $1.4 trillion in total sales, marking an increase from $1.3 trillion the previous year. Of this impressive figure, $149 billion came from digital goods, with 90% of these transactions occurring without Apple taking a commission.
An advisory has revealed that Chinese operatives are leveraging public job platforms like LinkedIn to identify and recruit individuals who have access to confidential information. This tactic focuses on enticing professionals into sharing data that is not publicly available, raising concerns about corporate and governmental security.
Ramp's valuation has surged nearly threefold in the last year as it attracts significant investor interest, capitalizing on the rising demand for fintech companies that incorporate artificial intelligence in their offerings.
Helion, the fusion energy startup supported by Sam Altman, has raised $465 million to accelerate the construction of a fusion power plant intended to supply Microsoft by 2028. This significant capital injection will bolster Helion's efforts to bring innovative clean energy solutions to fruition within the next few years.
Poke, a startup enabling users to interact with AI agents via simple text messages, has been officially approved as the first AI agent on Apple’s Messages for Business platform. This marks a significant milestone for integrating AI-driven customer interactions within Apple's ecosystem.
Coralogix is positioning itself among the rising number of infrastructure companies that anticipate a surge in need for monitoring and managing AI systems as they become integral to production environments. Their tools aim to track AI behavior, resolve issues, and supply crucial operational data to ensure consistent and reliable AI performance.
WhatsApp is introducing a new pricing model where businesses will be charged for using its AI agent, with fees based on the number of tokens consumed during interactions.
TikTok Pro Events is a new app that connects fans, highlights viral videos, and features specially curated content from creators around major events such as the FIFA World Cup.
GitLab is restructuring by reducing its workforce by 14%, pulling out from 22 countries, and cutting down management layers. These steps are part of the company's strategy to focus on strengthening its infrastructure and scaling its platform specifically to handle AI workloads more effectively.
