In just 4 months, AI medical scribe Abridge doubles valuation to $5.3B

Abridge nabbed $300 million Series E led by a16z, months after it closed its previous $250M fundraise.

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iPhone customers upset by Apple Wallet ad pushing F1 movie

However well-received the film may be, iPhone users don’t necessarily want their built-in utilities, like their digital wallet, marketing to them.

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ElevenLabs releases a standalone voice generation app

Voice AI company ElevenLabs just released a standalone mobile app for iOS and Android users to generate voice clips from text. Until now, if you had to generate samples using ElevenLabs’ AI-powered voice libraries, you had to rely on its web app. Now, you can use its mobile app to generate clips on the go. […]

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Anthropic Scores a Landmark AI Copyright Win—but Will Face Trial Over Piracy Claims

While the startup has won its “fair use” argument, it potentially faces billions of dollars in damages for allegedly pirating over 7 million books to build a digital library.

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Ambarella shares soar 17% on report chip designer is exploring sale

The California-based company is known for its system-on-chip semiconductors and software used for edge artificial intelligence.

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Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan

The sales are the first stop in Huang’s plan adopted in March to sell as many as 600,000 shares of the AI company through the end of the year.

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Judge rules Anthropic did not violate authors’ copyrights with AI book training

The decision is a major win for AI companies as legal battles play out over the use and application of copyrighted works in LLMs

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Feds question Ford in hands-free driving investigation

The top federal vehicle safety regulator has sent Ford an exhaustive list of questions about its hands-free driver-assistance system known as BlueCruise. It’s the latest development in an investigation that started more than one year ago following two fatal crashes involving the software.

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Wispr Flow raises $30M from Menlo Ventures for its AI-powered dictation app

CEO Tanay Kothari noted that the startup will soon achieve profitability at the current rate of growth. Initially, he didn’t want to raise money, but he worried that Big Tech players with a massive distribution advantage could be a risk to the company. He wanted to rapidly multiply the company’s revenue and reach and decided to take the investment.

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