Foundation Capital, an early backer of Solana and Cerebras, raises $600M fund

March 4, 2025

Foundation Capital has come a long way since it was forced to scale down its fund size from $750 million in 2008 to $282 million (its sixth main fund) in 2013. On Tuesday, the 30-year-old firm announced that it raised a $600 million eleventh flagship fund, which is 20% larger than the predecessor $500 million […]

President Donald Trump Just Implemented 25% Tariffs on Canada and Mexico. Here’s What We Know So Far.

March 4, 2025

Here’s why Trump is implementing tariffs and how it will affect consumers in the U.S.

Klarna CEO doubts that other companies will replace Salesforce with AI

March 4, 2025

The founder and CEO of IPO-bound fintech Klarna took to X to once again explain why his company ditched Salesforce’s flagship CRM product about a year ago in favor of its own homegrown AI system. But this time, Sebastian Siemiatkowski emphasized that he doesn’t think others will — or should — follow his lead. “I […]

Amazon is reportedly developing its own AI ‘reasoning’ model

March 4, 2025

Amazon reportedly wants to get in on the AI “reasoning” model game. According to Business Insider, Amazon is developing an AI model that incorporates advanced “reasoning” capabilities, similar to models like OpenAI’s o3-mini and Chinese AI lab DeepSeek’s R1. The model may launch as soon as June under Amazon’s Nova brand, which the company introduced […]

Google still limits how Gemini answers political questions

March 4, 2025

While several of Google’s rivals, including OpenAI, have tweaked their AI chatbots to discuss politically sensitive subjects in recent months, Google appears to be embracing a more conservative approach. When asked to answer certain political questions, Google’s AI-powered chatbot, Gemini, often says it “can’t help with responses on elections and political figures right now,” TechCrunch’s […]

Xbox debuts a new AI-powered gaming companion for mobile users