Nintendo of America president Doug Bowser said that the company did not factor in possible tariffs from the U.S. when deciding on the pricing for its Nintendo Switch 2 console, according to Wired. Nintendo unveiled its highly anticipated Switch 2 last week and announced that the console would be released on June 5, priced at […]
AI video startup Moonvalley raised a fresh $43M, SEC filing shows
Los Angeles-based startup Moonvalley, which is developing AI tools for video creation, has raised a fresh $43 million in venture capital, according to an SEC filing. The filing, which lists 11 unnamed investors, comes roughly a week after Moonvalley launched its first AI video-generating model, Marey. Moonvalley previously raised $70 million in seed funding from backers […]
UK’s demand for Apple backdoor should not be heard in secret, says court
A UK surveillance court said the backdoor order targeting Apple iCloud can be heard partly in public.
Krea raises $83M to be the one-stop shop for genAI creatives
Overwhelmed with trying to keep up with the different models you can now use to build your content using AI? A startup called Krea that’s looking to solve this problem specifically for designers and other visual creatives has now raised $83 million for a platform it believes will make the task of working with generative […]
IBM acquires consultancy Hakkoda in continued AI investment push
IBM on Monday announced that it acquired Hakkoda, a data and AI consultancy based in New York, for an undisclosed amount. Mohamad Ali, SVP and head of IBM’s consulting business, said that the acquisition would “further expand” IBM’s ability to bring consultants and AI to clients, particularly customers in industries like financial services, public sector, […]
SignalFire raises over $1B as LPs embrace data-driven investing
Thirteen years ago, when Chris Farmer founded early-stage venture firm SignalFire with data analysis at the core of its investment strategy, many were skeptical about the approach — conventional wisdom dictated that nascent companies didn’t have enough data to make investment algorithms effective. “This was a very radical idea, and everyone thought I was crazy,” […]
OpenAI reportedly mulls buying Jony Ive and Sam Altman’s AI hardware startup
OpenAI is said to have discussed acquiring the AI hardware startup that former Apple design lead Jony Ive is building with OpenAI CEO Sam Altman. According to The Information, OpenAI could pay around $500 million for the fledgling company, called io Products. Ive, who left Apple in 2019 to start his own design firm called […]
OpenAI reportedly mulls buying Jony Ive and Sam Altman’s AI hardware startup
OpenAI is said to have discussed acquiring the AI hardware startup that former Apple design lead Jony Ive is building with OpenAI CEO Sam Altman. According to The Information, OpenAI could pay around $500 million for the fledgling company, called io Products. Ive, who left Apple in 2019 to start his own design firm called […]
Someone hacked ransomware gang Everest’s leak site
”Don’t do crime,” the ransomware gang’s dark web leak site reads.
Want to stay young? Peter Diamandis says survive the next 10 years
Peter Diamandis, a futurist with degrees from both MIT and Harvard, has spent much of the past two decades evangelizing a vision of an “abundant future” driven by exponential technologies that will lengthen our lives. The serial entrepreneur and founder of organizations like the XPRIZE Foundation and Singularity University has also cultivated close ties with […]