Rumors of the ongoing death of software development — that it’s being slain by AI — are greatly exaggerated. In reality, software development is at a fork in the road: embracing the (currently) far-off notion of fully automated software development or acknowledging the work of a software developer is much more than just writing lines…
Aetherflux, the space solar startup founded by billionaire co-founder of Robinhood Baiju Bhatt, has raised a $50 million in a Series A round as it works to launch its first low Earth orbit demonstration in 2026. The San Carlos, California-based startup, which came out of stealth last October, aims to eventually launch a constellation of […]
Circle, the issuer of USDC, a stablecoin pegged to the U.S. dollar, filed to go public on Tuesday. The company, which makes money from interest earned on its reserve assets, reported that its 2024 revenue and reserve income was $1.68 billion, up from $1.45 billion the year prior. Circle’s 2024 net income was $156 million, […]
When OpenAI unveiled its o3 “reasoning” AI model in December, the company partnered with the creators of ARC-AGI, a benchmark designed to test highly capable AI, to showcase o3’s capabilities. Months later, the results have been revised, and they now look slightly less impressive than they did initially. Last week, the Arc Prize Foundation, which […]
Epic Games CEO Tim Sweeney, whose company makes Fortnite and tools for other developers, including Unreal Engine, called out Apple and Google as “gangster-style businesses” engaged in illegal practices while speaking at a Y Combinator event on Wednesday. The executive also emphasized how the big tech companies’ practices directly affected his own business by scaring […]
Starting Wednesday, Meta says it will begin combining the Instagram accounts of the Second Lady of the United States, Usha Vance, and the former Second Gentleman of the United States, Doug Emhoff. As a result, the 1.2 million people who were previously following the Instagram account of Kamala Harris’s husband, @secondgentleman46archive (recently archived by the […]
As it prepares to transition from a nonprofit corporation to a for-profit, OpenAI says it’s convening a group of experts to “help OpenAI’s philanthropy understand the most urgent and intractable problems nonprofits face today.” This group, which OpenAI says will incorporate feedback from “leaders and communities” in health, science, education, and public services, particularly within […]