Lovable, the startup recently reported to have reached a $500 million annualized run rate revenue by June, has secured a new funding round of $400 million, pushing its valuation to $13.3 billion, according to the company’s statement to TechCrunch.
Form Energy, now with Google and Crusoe as clients, has successfully raised $750 million to ramp up manufacturing of its groundbreaking 100-hour batteries, designed to enhance grid energy storage.
Tesla plans to establish a large-scale solar panel factory in Texas with an estimated investment of $10 billion. However, the electric carmaker is requesting financial assistance from the state to help offset the construction and operational costs.
A known extortion gang that frequently targets transportation and private equity sectors has claimed responsibility for a data breach at Uber Freight, prompting an ongoing investigation by the company.
Thrive Holdings has successfully raised $2 billion in funding, reaching a valuation of $12 billion. Key investors include SoftBank, D1 Capital Partners, and Altimeter Capital, supporting Thrive's mission to enhance AI adoption within enterprise environments.
At the Ai4 conference, top AI figures Geoffrey Hinton, Fei-Fei Li, and Andrew Ng engaged in a critical discussion on AI regulation, the merits of open-source technology, and strategies for maintaining American competitiveness in the face of China's rapid progress in Asia.
Just months after securing $1 billion at a $26 billion valuation, AI coding startup Cognition is reportedly in discussions to raise another significant funding round, targeting a $40 billion valuation.
The Mission Robotic Vehicle is pioneering the first-ever effort to attach a new thruster to an aging satellite, aiming to extend its operational life in space.
The Riemann hypothesis has remained one of mathematics' greatest unsolved challenges for over 150 years. While Anthropic has yet to solve it entirely, their latest AI models have achieved a level of progress that surpasses expectations in tackling this complex problem.
River AI, a promising new startup co-founded by xAI's Igor Babuschkin, has raised an impressive $1.1 billion shortly after its inception. The company aims to revolutionize personal agents with its innovative technology and ambitious vision.