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Waymo has restarted its robotaxi service in San Antonio, Texas, five months after one of its vehicles was swept away during a flash flood. Multiple Waymo robotaxis got stuck during the heavy flooding in April. The vehicles slowed but did not stop as they approached waterlogged streets. Waymo ultimately issued a recall in May, and…
Nscale, the buzzy U.K.-based AI data center startup, has appointed former OpenAI, Meta, and Instacart executive Fidji Simo to its board. Simo joins high-profile tech executives Sheryl Sandberg, Susan Decker, and Nick Clegg on Nscale’s board ahead of the startup’s anticipated IPO this fall. Formerly CEO of AGI deployment at OpenAI, essentially the No. 2…
Nscale, a British AI infrastructure company founded just two years ago, has said it may go public as early as later this month. Ahead of that expected IPO, the company is reportedly in talks to raise an additional $3.5 billion. Bloomberg reported Friday that the company is looking to sell $1.5 billion in convertible notes…
Thinking Machines, the AI lab founded early last year by former OpenAI CTO Mira Murati, is in discussions to raise $1 billion at a valuation of at least $40 billion, The Information reported Thursday. Existing backer Accel is in talks to lead the fundraise, according to our source and The Information’s reporting. The new round,…
AI training-data startup AfterQuery has reportedly raised a round that valued it at $3.2 billion. This just five months after announcing its $30 million Series A at a $300 million valuation in April. That’s more than a 10x increase in less than half a year and, according to Y Combinator partner Gustaf Alströmer, the fastest…
The popular prediction market Polymarket has raised $300 million from 1789 Capital as part of a new funding round totaling around $1 billion, The Wall Street Journal reported, citing unnamed sources. 1789 Capital, an investment fund in which Donald Trump Jr. is a partner, previously invested $200 million in the prediction site. The firm has…
The growing backlash against surveillance companies like Flock may have reached a tipping point. A new survey has found that more Americans oppose these surveillance cameras than support them. According to a new YouGov survey of 20,000 people across the U.S. that was shared exclusively with The Washington Post, 46% of respondents opposed the company’s…
Lambda, an AI cloud company that buys computing chips and rents them out to businesses, has raised $1 billion in private, short-dated debt to buy Nvidia’s AI chips that it will lease to Microsoft, Bloomberg reports. The terms of the deal, which Bloomberg says was arranged by JP Morgan Chase, signal that Lambda is betting…
After adding support for longer videos just yesterday, open social network Bluesky on Thursday introduced a new algorithmic opt-out feature that allows users to stop their posts from appearing in the app’s main Discover feed. That algorithmic feed can currently surface any post on Bluesky’s network, as posts on the network are public by default….
The U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives, or ATF, says a cyberattack on one of its systems has been declared a “major incident,” a formal, legally defined classification that prompts a formal notification to lawmakers in Congress. ATF said in a statement that it’s responding to the cyberattack on a stand-alone system that’s…