A 20-minute pitch wins Indian startup Pronto backing from Lachy Groom
The investment comes as Pronto scales to 26,000 daily bookings and the market heads toward a potential $18 billion size.
The Download: Trump’s new AI order, and smart glasses for warfare
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. 5 key points in Trump’s new AI order Less than two weeks after scrapping an executive order on AI, President Donald Trump signed a new one on Tuesday. Promising to promote…
May 2026
Barry Diller trusts Sam Altman. But ‘trust is irrelevant’ as AGI nears, he says.
Barry Diller defended OpenAI CEO Sam Altman, while warning that AGI remains an unpredictable force needing guardrails.
Snap says its $400M deal with Perplexity ‘amicably ended’
The deal, announced last November, would have seen Perplexity’s AI search engine integrated directly into Snapchat.
Is xAI a neocloud now?
xAI’s real business may be more about building data centers than training AI models.
Insurance startup Corgi hits $1.3B valuation 4 months after its Series A
Corgi announced on Wednesday a $160 million Series B, led by TCV, valuing the startup at $1.3 billion.
Microsoft’s AI data center push is colliding with its clean power goals
The push for new data centers at Microsoft is putting one of the its key clean power goals at risk.
Robinhood’s venture fund IPO attracted 150,000+ retail investors, CEO says
Robinhood CEO Vlad Tenev says more than 150,000 retail investors joined the fintech’s new venture fund, which offers exposure to private tech companies like OpenAI, Stripe, Databricks, and Oura before they go public.
How Elon Musk left OpenAI, according to Greg Brockman
Cutthroat negotiations between startup founders are rarely shared so publicly, especially when a company becomes as world-changing as OpenAI.
DOJ says ransomware gang tapped into Russian government databases
U.S. prosecutors said a ransomware gang fueled Russian government corruption, and allowed the gang’s leaders to avoid paying taxes and dodge the country’s military draft.
AI evaluation startup Braintrust confirms breach, tells every customer to rotate sensitive keys
Braintrust, a startup that makes an “operating system for engineers building AI software,” notified customers that hackers broke into one of its Amazon cloud environments, and is asking customers to rotate their API keys.