Why Benchmark made a rare crypto bet on trading app Fomo, with $17M Series A
The founders of Fomo, a consumer crypto trading app that launched in May, took an unusual route to raising capital.
The Download: AI’s impact on the economy, and DeepSeek strikes again
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. The State of AI: Welcome to the economic singularity —David Rotman and Richard Waters Any far-reaching new technology is always uneven in its adoption, but few have been more uneven than generative AI.…
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The Download: how doctors fight conspiracy theories, and your AI footprint
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. How conspiracy theories infiltrated the doctor’s office As anyone who has googled their symptoms and convinced themselves that they’ve got a brain tumor will attest, the internet makes it very easy to self-(mis)diagnose…
Get Permanent Access to Windows 11 Pro Plus Microsoft Office 2021 for $50
Lifetime tools for managing, creating, and securing your work.
Inception raises $50 million to build diffusion models for code and text
Diffusion models already power AI image generators, but Inception thinks they can be even more powerful applied in software development.
The Best Leaders Don’t Lead With Authority Alone — They Do This Instead
What if the smartest move a leader can make isn’t choosing a side, but setting the edges and letting the team design what happens in between?
Google Maps upgrades navigation in India with Gemini, safety alerts
India becomes the second market after the U.S. to get Gemini-powered navigation on Google Maps.
Perplexity to pay Snap $400M to power search in Snapchat
Snap said today that it has signed a deal with AI-powered search engine Perplexity to power a new chatbot. As part of the deal, Perplexity will pay Snap $400 million in cash and equity.
Stop worrying about your AI footprint. Look at the big picture instead.
Picture it: I’m minding my business at a party, parked by the snack table (of course). A friend of a friend wanders up, and we strike up a conversation. It quickly turns to work, and upon learning that I’m a climate technology reporter, my new acquaintance says something like: “Should I be using AI? I’ve…
Ventures Platform, one of Africa’s most active early-stage investors, has raised another $64 million
The Lagos-based firm and one of Africa’s most active early-stage investors is targeting a final close of $75 million for its second fund.
Discord’s Family Center update now lets parents monitor weekly purchases
Discord has rolled out updates to its Family Center, giving guardians more insights into their teens’ usage patterns, including purchases, top interactions, and time spent. The goal is to help parents monitor whether their teen is spending excessive time or money on Discord. The communication platform first launched Family Center in 2023 with an activity […]