Selby’s VC firm Copper Sky Capital is currently raising a $300 million second fund, according to a regulatory filing.
IQM, Europe’s first public quantum company, admits the future of the tech is uncertain
IQM, a full-stack quantum company out of Finland, went public on the Nasdaq today at a valuation of about $1.9 billion.
Jersey Mike’s IPO illustrates how bad the AI hype has become
Just for kicks, I took a look at Jersey Mike’s IPO documents. Surely a sandwich shop would have no need to mention AI. But low and behold.
A warning sign about AI’s real cost, courtesy of Google and Amazon
AI has made it a lot harder for tech companies like Amazon and Google to deliver on their net-zero pledges.
Meta quietly launches vibe-coded gaming app Pocket
Meta has quietly launched Pocket, an experimental AI app that lets users generate and share interactive mini games using text prompts.
Travel app Hopper to pay $35M in FTC settlement over ‘unfairly’ charging hidden fees
Hopper will pay $35 million to settle FTC allegations that it used deceptive “dark patterns” to hide fees and mislead travelers about the cost and benefits of services.
Anthropic is discussing a new custom chip with Samsung
The news comes about a week after OpenAI announced its own custom AI chip in a partnership with Broadcom.
Boeing-owned Wisk Aero accused of firing manager who raised safety concerns
A former software manager claims Wisk rushed software testing ahead of a crucial 2025 flight test.
Melinda Gates’ venture firm backs Magnify Ventures’ $46.6M Fund II
Early-stage firm Magnify Ventures has raised a $46.6 million Fund II from LPs including Melinda French Gates’ Pivotal Ventures
OpenAI proposed donating 5% of its equity to a US sovereign wealth fund
OpenAI CEO Sam Altman has reportedly proposed giving 5% of the company’s equity to a U.S. sovereign wealth fund, reviving discussions about letting the public share in the financial gains from the AI boom.