Pinterest to lay off 15% of staff to redirect resources to AI
Pinterest says it’s “reallocating resources to AI-focused roles and teams that drive AI adoption and execution” and “prioritizing AI‑powered products and capabilities.”
Peter Sarlin’s QuTwo reaches $380M valuation in angel round
QyTw0, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately $380 million) after raising a €25 million angel round ($29 million). It’s a sign of enduring tailwinds for AI, quantum computing, and sovereign tech, especially for Europe-made companies.
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PromptBuilder AI helps entrepreneurs turn prompt engineering into a repeatable system across 10 AI models.
Luminar receives a larger $33 million bid for its lidar business
A new leading bidder has appeared in the Luminar bankruptcy case: Redmond, Washington-based MicroVision, which beat out Quantum Computing Inc.’s bid by $5 million.
China’s Moonshot releases a new open-source model Kimi K2.5 and a coding agent
The company said that the model was trained on 15 trillion mixed visual and text tokens.
Node-based design tool Flora raises $42M from Redpoint Ventures
Flora’s node-based design tool is being used by companies like Pentagram and Lionsgate.
Uber launches an ‘AV Labs’ division to gather driving data for robotaxi partners
Uber is not developing its own robotaxis again; instead it plans to collect and offer data. It’s a bet that more volume will help autonomous vehicle partners solve the weirdest edge cases.
Northwood Space secures a $100M Series B and a $50M Space Force contract
This is the El Segundo, California-based startup’s second raise in less than a year.
‘Among the worst we’ve seen’: report slams xAI’s Grok over child safety failures
“We assess a lot of AI chatbots at Common Sense Media, and they all have risks, but Grok is among the worst we’ve seen,” Robbie Torney of Common Sense Media said.
South Korea’s Edenlux set for U.S. debut of eye-strain wellness device
Edenlux builds wearable tech to protect and train your eyes, inspired by its founder’s personal vision recovery.
Qualcomm backs SpotDraft to scale on-device contract AI with valuation doubling toward $400M
SpotDraft now processes over 1 million contracts annually using its AI tool, with contract volumes up 173% year-over-year.