Perplexity is reportedly in talks to raise up to $1B at an $18B valuation

March 20, 2025

AI-powered search startup Perplexity is said to be in early talks to raise up to $1 billion in a new funding round valuing the startup at $18 billion. Bloomberg, citing a person familiar with the matter, reported on Thursday that Perplexity’s annual recurring revenue has now reached $100 million. Perplexity’s valuation has soared in recent […]

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Apple puts Vision Pro exec in charge of Siri in exec shaekup

March 20, 2025

As Apple’s Siri comes under attack for failing at the most basic queries, the company is shaking up leadership in charge of Apple’s AI features for Siri. According to Bloomberg, Apple CEO Tim Cook is installing Mike Rockwell, the current VP of the Vision Products Group (the team behind the Vision Pro), to head up […]

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Next Insurance gets scooped up by Munich Re for $2.6B

March 20, 2025

Germany’s Munich Re has signed a definitive agreement to acquire digital insurance company Next Insurance for $2.6 billion, the firms announced on Thursday. Founded in 2016, Palo Alto-based Next Insurance is focused on providing insurance to small-to-medium-sized businesses. It was last valued at $2.5 billion in late 2023 when it raised $265 million. Next Insurance’s […]

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Europe is finally getting serious about commercial rockets

March 20, 2025
Europe is on the cusp of a new dawn in commercial space technology. As global political tensions intensify and relationships with the US become increasingly strained, several European companies are now planning to conduct their own launches in an attempt to reduce the continent’s reliance on American rockets. In the coming days, Isar Aerospace, a…

Honda and Acura EV owners to gain access to Tesla Superchargers this June

March 20, 2025

Honda and its luxury brand, Acura, are set to join the growing list of automakers providing EV owners access to Tesla’s Supercharger network in North America. Starting in June, owners of the Honda Prologue and Acura ZDX electric vehicles will be able to charge at Tesla’s stations. Those EVs are built with CCS charging ports […]

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