Geothermal startup Fervo Energy pops 33% in IPO debut fueled by AI data center demand
Fervo Energy’s IPO was upsized several times after potential investors asked why the enhanced geothermal startup wasn’t raising more money.
The Download: AI bottleneck debates, and BCI trials take off
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. A startup claims it broke through a bottleneck that’s holding back LLMs AI startup Subquadratic came out of stealth last month with a huge claim: it had solved a mathematical bottleneck…
X launches a History tab for bookmarks, likes, videos, and articles
X’s new History tab combines bookmarks, likes, watched videos, and read articles into a single place, expanding the app’s role as a save-it-for-later tool.
Instagram’s new ‘Instants’ feature combines elements from Snapchat and BeReal
The feature lets users share disappearing photos with their Close Friends or mutual followers that can be viewed only once and remain available for 24 hours.
Rivian spinoff Mind Robotics raises another $400M
Mind Robotics, which was first revealed in late 2025, has now raised more than $1 billion to date.
Who trusts Sam Altman?
“I believe I am an honest and trustworthy business person,” Altman testified in federal court.
Origin Lab raises $8M to help video game companies sell data to world-model builders
Origin Lab will serve as a marketplace where AI labs can buy high-quality licensed data, and video-game companies can sell it.
Anthropic courts a new kind of customer: small business owners
Anthropic is looking to broaden its customer base from larger enterprise customers to smaller and mid-sized businesses.
Ransomware hackers claim breach at Foxconn, a major electronics manufacturer for Apple, Google, and Nvidia
A ransomware group has claimed responsibility for hacking the electronics manufacturing giant Foxconn, and is attempting to extort the company.
Amazon launches an AI shopping assistant for the search bar, powered by Alexa+
Alexa for Shopping is a new personalized AI shopping assistant in the Amazon search bar that replaces its Rufus assistant.
Anduril raises $5B, doubles valuation to $61B
After achieving $2.2 billion in revenue in 2025, the defense tech startup has raised another massive round, led by Thrive and a16z, it says.