Last year, China saw a boom in foundation models, the do-everything large language models that underpin the AI revolution. This year, the focus has shifted to AI agents—systems that are less about responding to users’ queries and more about autonomously accomplishing things for them. There are now a host of Chinese startups building these general-purpose…
Anysphere, the maker of AI coding assistant Cursor, has raised $900 million at a $9.9 billion valuation, Bloomberg reported. The round was led by a returning investor Thrive Capital, with participation from Andreessen Horowitz, Accel and DST Global. The massive round is Anysphere’s third fundraise in less than a year. The three-year-old startup secured its […]
Circle, one of the world’s largest issuers of USDC, a stablecoin pegged to the U.S. dollar, ended its first trading day as a public company at $83.23 per share, 168% above its IPO price of $31 set the previous day. The IPO pop demonstrates public market investors’ interest in cryptocurrencies and stablecoins in particular amid […]
Well, it finally happened. This town wasn’t big enough for the two towering egos of billionaire Elon Musk and President Donald Trump, and now they’re duking it out publicly, albeit from their own separate corners of the web. Musk is taking to his own social media platform, X, to take jabs at Trump, and Trump […]
Walmart and Wing are expanding their partnership and rolling out drone delivery to dozens of more stores in Atlanta, Charlotte, Houston, Orlando, and Tampa.
Walmart and Wing are expanding their partnership and rolling out drone delivery to dozens of more stores in Atlanta, Charlotte, Houston, Orlando, and Tampa.