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Kleiner Perkins, the prominent U.S. venture firm, announced on Tuesday that it raised $3.5 billion in fresh capital across two funds, a significant increase from the firm’s $2 billion fundraise less than two years ago. The firm, founded back in 1972, says it raised $1 billion for its 22nd early-stage venture fund, and $2.5 billion…
On Tuesday afternoon the bomb dropped. OpenAI was closing down Sora, and its Disney deal was over. The big video-generation tool that was supposed to turn Disney+ into a user-generated paradise — or a field of memeslop, depending on your point of view — is no longer. And maybe, with it, OpenAI’s Hollywood ambitions are…
For developers using AI, “vibe coding” right now comes down to babysitting every action or risking letting the model run unchecked. Anthropic says its latest update to Claude aims to eliminate that choice by letting the AI decide which actions are safe to take on its own — with some limits. The move reflects a…
OpenAI said Tuesday it is releasing a set of prompts that developers can use to make their apps safer for teens. The AI lab said the set of teen safety policies can be used with its open-weight safety model known as gpt-oss-safeguard. Rather than working from scratch to figure out how to make AI safer…
A secretive AI lab founded by serial entrepreneur Brett Adcock shared new details about what it believes is a novel marriage of model-building and hardware design that will change how humans interact with intelligent software. The company said in a statement it would design multi-modal end-to-end models, their hardware, and their interfaces in tandem to…
AI coding company Cursor launched a new model this week called Composer 2, which it promoted as offering “frontier-level coding intelligence.” However, an X user posting under the name Fynn soon claimed that Composer 2 was “just Kimi 2.5” with additional reinforcement learning — Kimi 2.5 being an open source model recently released by Moonshot…
Nvidia’s GTC conference had everything: trillion dollar sales projections, graphics technology that can yassify video games, grand declarations that every company needs an OpenClaw strategy, and even a robot version of the beloved snowman Olaf from Disney’s “Frozen.” On the latest episode of TechCrunch’s Equity podcast, TechCrunch’s Kirsten Korosec, Sean O’Kane, and I recapped CEO…
Elon Musk recently outlined ambitious plans for a chip-building collaboration between his companies Tesla and SpaceX. Bloomberg reports that Musk shared his plans on Saturday night at an event in downtown Austin, Texas, with a photo suggesting that what Musk is calling the “Terafab” facility will be built near Tesla’s Austin headquarters and “gigafactory.” Musk…
An anonymous Substack post published this week accuses compliance startup Delve of “falsely” convincing “hundreds of customers they were compliant” with privacy and security regulations, potentially exposing those customers to “criminal liability under HIPAA and hefty fines under GDPR.” Delve is a Y Combinator-backed startup that last year announced raising a $32 million Series A…
Shortly after Amazon CEO Andy Jassy announced AWS’s groundbreaking $50 billion investment deal with OpenAI, Amazon invited me on a private tour of the chip development lab at the heart of the deal, at (mostly*) its own expense. Industry experts are watching Amazon’s Trainium chip, created at that facility, for its implications for lower-cost AI…