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Category Archives: Tech
Fintech Ramp’s valuation hits $16 billion in deal led by Peter Thiel’s Founders Fund
Peter Thiel’s Founders Fund leads a fifth round of investment in Ramp that pushes the corporate fintech company’s valuation to $16 billion.
AI will shrink Amazon’s workforce in the coming years, CEO Jassy says
Amazon CEO Andy Jassy said the company’s workforce will shrink in the coming years as it adopts more generative artificial intelligence tools and agents.
Meta to release smart glasses with Oakley and Prada, extending Luxottica partnership
Meta plans to release new smart glasses powered by artificial intelligence that carry the Oakley branding, sources familiar with the matter told CNBC.
Unlock purpose-driven growth at TechCrunch All Stage, and get $210 off for 6 more days
T-minus 6 days until TechCrunch All Stage ticket prices rise. From now until June 22 at 11:59 p.m. PT, founders save $210 and investors save $200 on passes. Are you ready to push your startup to the next level? Or … Continue reading
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Facebook announces that all videos on its platform will soon be shared as reels
Facebook announced on Tuesday that all videos on its platform will soon be shared as reels, regardless of their length or orientation.
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Applied Intuition raises $600 million as it pushes further into defense
The buzzy AI-powered autonomous vehicle software company doubles its valuation from last year — and then some.
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Tesla stock slips after report EV maker is halting Cybertruck and Model Y production
Tesla is tentatively launching the robotaxi in Austin on June 22, using Model Y vehicles equipped with a new version of its “Full Self-Driving” technology.
Anysphere launches a $200-a-month Cursor AI coding subscription
Anysphere launched a new $200-a-month subscription plan for its popular AI coding tool, Cursor, the company announced in a blog post on Monday. The new plan, Ultra, offers users 20x more usage on AI models from OpenAI, Anthropic, Google DeepMind, … Continue reading
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Threads expands open social web integrations with fediverse feed, user profile search
Posts from federated users will be found on the Following tab of the Threads app.
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Reddit stock jumps after company rolls out new AI advertising tools
Reddit shares rallied after the company announced new AI advertising tools to help brands improve engagement.