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Revolut hits $75B valuation in new capital raise | TechCrunch
Posted onRevolut has raised new funding in a share sale that values it at $75 billion, positioning the British neobank as one of Europe’s most valuable private tech companies. The company said on Monday the deal was led by Coatue, Greenoaks, Dragoneer, and Fidelity. Investors including Nvidia’s NVentures, Andreessen Horowitz, Franklin Templeton, and other backers advised…
Employees at Google and OpenAI support Anthropics Pentagon stand in open letter | TechCrunch
Posted onAnthropic has reached a stalemate with the United States Department of War over the military’s request for unrestricted access to the AI company’s technology. But as the Pentagon’s Friday afternoon deadline for Anthropic’s compliance approaches, more than 300 Google employees and over 60 OpenAI employees have signed an open letter urging the leaders of their…
Sam Altman and Jony Ive’s secret device won’t be ‘your weird AI girlfriend’
Posted onOpenAI and designer Jony Ive are trying to solve a number of technical challenges before releasing their mysterious AI gadget, according to a Financial Times report. Two of the challenges include figuring out the palm-sized device’s “personality” and how often it should talk. “The concept is that you should have a friend who’s a computer…
Supreme Court Allows Mississippi Law on Children’s Use of Social Media, for Now
Posted onThe Supreme Court on Thursday refused to block a Mississippi law barring minors from using social media sites including Facebook, Instagram, Reddit, Snapchat, YouTube and X without their parents’ consent. The court’s brief order was unsigned and gave no reasons, which is typical when the justices act on emergency applications. The order was not the…
Trump escalates crackdown by designating ‘Antifa’ a domestic terror group
Posted onThe Trump administration’s crackdown on perceived left-wing threats following the death of Charlie Kirk continued on Monday evening, with Donald Trump announcing an executive order titled “Designating Antifa as a Domestic Terrorist Organization.” The order directs federal departments and agencies to “investigate, disrupt, and dismantle any and all illegal operations — especially those involving terrorist…
