Source: Inference provider Modal Labs closing in on $750M round at $15.75B valuation
The new financing is expected to more than triples the AI infrastructure startup’s valuation from just four months ago.
The Download: failed social media bans, and extending pets’ lives
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. Kids are outsmarting social media bans. That’s not a problem we need to solve. —Michal Luria, Aliya Bhatia, and Danah Boyd Social media bans are stacking up. In July, France joined…
AMD will acquire Fei-Fei Li’s World Labs for $8.2 billion
The acquisition will see World Labs founder Fei-Fei Li join AMD as executive vice president and chief scientist.
The Relationships You Need to Build in Your First 60 Days as a New CEO
Learn who to talk to, what to listen for, and why most new CEOs get this wrong.
How Does Your ‘Fun’ Spending Compare to Your Generation’s? Baby Boomers Splurge More on Hobbies Than Gen Z and Young Millennials.
Americans value their hobbies more than they did 20 years ago, research suggests.
Shopify opens checkout to browser-based AI agents
Shopify is expanding WebMCP support to checkout, allowing browser-based AI agents to update order details and complete purchases with a buyer’s authorization.
Tesla delays Roadster 2 event again due to bad weather
Tesla says the event “can only be held outdoors,” as it’s expected to show the car flying in some form using SpaceX thrusters.
The AI boom took over Climate Week and not everyone is happy about it
Just like the rest of the U.S, data centers and AI are dividing climate tech founders and investors.
Stop Setting Goals for Your Business Until You Answer This 1 Question
Entrepreneurs are conditioned to ask how big they can make their companies. But until you define what you truly want your business to make possible, every milestone simply creates another one.
Nvidia launches new platform for reining in rogue AI agents
As the debate rages over whether the recent spate of rogue AI agents is a step toward AGI or a more conventional engineering problem, Nvidia is offering its own answer to problem. Nvidia CEO Jensen Huang on Monday introduced a toolkit of software and hardware products that add independent security layers around AI agents to […]
900 Applicants Wanted a Startup Internship. First, They Had to Meet a Surprising Old-School Requirement.
It’s one more hoop to jump through for candidates looking for entry-level work.