Phone unlocking firm Cellebrite to acquire mobile testing startup Corellium for $170M
Cellebrite said the deal will help with the “accelerated identification of mobile vulnerabilities and exploits.”
The U.S. Navy is more aggressively telling startups, ‘We want you’
While Silicon Valley executives like those from Palantir, Meta, and OpenAI are grabbing headlines for trading their Brunello Cucinelli vests for Army Reserve uniforms, a quieter transformation has been underway in the U.S. Navy. How? Well, the Navy’s Chief Technology Officer Justin Fanelli says he has spent the last two and a half years focused […]
Over $1 billion in federal funding got slashed for this polluting industry
The clean cement industry might be facing the end of the road, before it ever really got rolling. On Friday, the US Department of Energy announced that it was canceling $3.7 billion in funding for 24 projects related to energy and industry. That included nearly $1.3 billion for cement-related projects. Cement is a massive climate…
Crypto billionaire Brian Armstrong is ready to invest in CRISPR baby tech
Brian Armstrong, the billionaire CEO of the cryptocurrency exchange Coinbase, says he’s ready to fund a US startup focused on gene-editing human embryos. If he goes forward, it would be the first major commercial investment in one of medicine’s most fraught ideas. In a post on X June 2, Armstrong announced he was looking for…
Profitable African fintech PalmPay is in talks to raise as much as $100M
PalmPay, an African digital bank fintech, is in talks to raise between $50 million and $100 million in a Series B round, according to multiple sources familiar with the matter. It’s unclear what valuation it hopes to get, but its last round, in 2021, ranked it among the continent’s most valuable startups, estimated just shy […]
Alphabet CEO Sundar Pichai dismisses AI job fears, emphasizes expansion plans
In a Bloomberg interview Wednesday night in downtown San Francisco, Alphabet CEO Sundar Pichai pushed back against concerns that AI could eventually make half the company’s 180,000-person workforce redundant. Instead, Pichai stressed the company’s commitment to growth through at least next year. “I expect we will grow from our current engineering phase even into next […]
North America takes the bulk of AI VC investments, despite tough political environment
Despite what some experts have characterized as an environment increasingly hostile to AI R&D, North America continues to receive the bulk of AI venture dollars, according to data from investment tracker PitchBook. Between February and May of this year, VCs poured $69.7 billion into North America-based AI and machine learning startups across 1,528 deals. That’s […]
Before You Invest, Take These Steps to Build a Strategy That Works
Learn how to determine where to place your investments with these insightful tips from an experienced business owner and entrepreneur.
Reddit Sues $61.5 Billion AI Startup Anthropic for Allegedly Using the Site for Training Data
Reddit’s lawsuit marks the first time a big tech company has filed a complaint against an AI startup.
The CEO of Google’s AI Initiative Is Worried About 2 Things, and Neither Is AI Replacing Jobs
Nobel Prize Winner and Google DeepMind CEO Demis Hassabis says he has some concerns about artificial intelligence.