LM Arena, the organization behind popular AI leaderboards, lands $100M

May 21, 2025
LM Arena, a crowdsourced benchmarking project that major AI labs rely on to test and market their AI models, has raised $100 million in a seed funding round that values the organization at $600 million, according to Bloomberg. Andreessen Horowitz (a16z) and UC Investments, which manages an investment portfolio for the University of California, led the […]

Spotify’s new ‘Upcoming Releases’ hub highlights future albums you may like

May 21, 2025
Spotify is launching a new hub dedicated to keeping users informed about soon-to-be-released albums, the company announced on Wednesday. The hub, called “Upcoming Releases,” will feature personalized recommendations based on a user’s listening history. Users will be able to access it through the Search tab on mobile in the “Browse all” section. The hub will […]

Jony Ive to lead OpenAI’s design work following $6.5B acquisition of his company

May 21, 2025
Famed Apple product designer Jony Ive will now lead creative and design work at OpenAI, the result on an usual deal announced on Wednesday. OpenAI CEO Sam Altman and Ive have been working on an AI device that will move consumers beyond screens for roughly two years, according to The Wall Street Journal. “Thrilled to […]

Filed raises $17M to automate the drudgery of tax prep

May 21, 2025
There is a new accounting software in town, coming in with a fresh $17.2 million raise and a desire to shake things up. The company, Filed, hopes to automate the grunt work. “The tax industry is facing a genuine crisis,” Leroy Kerry, Filed’s co-founder CEO, told TechCrunch. Many CPAs are approaching retirement while a dwindling […]