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Online retailer Quince is in talks with investors to raise a funding round that would value the company at above $10 billion after the investment, according to a person with knowledge of the plans. If the talks are successful, the buzzy online brand would more than double its valuation from its last funding round.
The fundraise follows continued rapid growth at the eight-year-old company, thanks to heavy promotion on Instagram and Google of its reasonably priced alternatives to luxury goods, like cashmere.
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The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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Sources familiar with the matter told Bloomberg the fundraiser is expected to close in the coming weeks and the final amount might vary. Read more ›
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Lately I have been doing a lot of reflecting — mostly about the years I feel I wasted. Not in a dramatic, woe is me sort of way. More like the wince you get looking at an old photo and remembering how you used to do your hair. The biggest one for me is this: ... Read more Read more ›
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Entain is calling on England’s new soccer watchdog to intervene against Premier League clubs taking sponsorship money from gambling operators… Continue reading Entain presses football regulator over illegal gambling sponsorships at Premier League clubs Read more ›
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Algorithmiq, a quantum software company, has raised €18 million in funding and moved its global headquarters from Helsinki to Milan The round was led by United Ventures and Italian institutional investor CDP Venture Capital, with continued participation from Inventure VC. This funding round brings Algorithmiq’s total funding to €36 million. The company claims this represents ... Read more ›
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GenAI is exposing human risk gaps, forcing cybersecurity to shift from awareness to behavior. Read more ›
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Switch 2 users found a clever trick to watch YouTube through a hidden browser. Nintendo blocked it within hours, even when there is still no official streaming app nearly a year after launch. Read more ›
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Тема ИИ хайпует всё больше и больше, но настоящие геймеры знают, что ИИ с нами уже очень давно, он активно соперничает с нами в соревновательных играх и выдаёт задания в RPG… Или это другое… Есть ли что-то общее между игровым и нейросетевым ИИ? Читать далее Read more ›
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Investors look beyond bitcoin volatility towards long term AI infrastructure and data center revenue opportunities. Read more ›
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Edinburgh-based global entertainment tech company Esk has raised £2.6m in a round led by Maven Capital Partners. Esk produces live experiences for blue-chip brands such as Netflix, Paramount and BAFTA. The business specialises in licensing IP from rightsholders and transforming it into live entertainment formats, providing services to promoters and venue operators on an international ... Read more ›
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Marco Rubio has been having a moment — the kind that makes people wonder if he might be a candidate for president sooner than later. On Tuesday, he took over press secretary duties while Karoline Leavitt was on maternity leave and fielded questions for more than 45 minutes, happily trading rap lyrics with reporters along the […] Read more ›
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The concept draws on the same physics as the bola, a weighted throwing weapon used for centuries by South American herders. Read more ›
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America’s aging electric grid is struggling to meet modern demands—especially amid the AI boom. Overhauling it will be no small feat. Read more ›
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There’s a deep, forbidding moat that surrounds Nvidia—and it has nothing to do with hardware. Read more ›
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For screenwriters like me—and job seekers all over—AI gig work is the new waiting tables. In eight months, I’ve done 20 of these soul-crushing contracts for five different platforms. It’s bad. Read more ›
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IPO-bound insurtech unicorn Acko turned profitable in FY26, posting a net profit of ₹43.6 Cr in FY26 compared to a… Read more ›
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The Information
Some enterprise software companies are worried enough about customers using AI agents to access their data that they’re planning to install tollgates to their apps. And then there are software companies like SAP. Last month, the $200 billion German firm published a policy document for customers, suggesting it would ban them from using external AI agents to access data they store in SAP apps without the company’s official endorsement. SAP... Read more ›
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When Cursor agreed to a $60 billion conditional takeover offer from SpaceX last month—the purchase isn’t definite—some of Cursor’s rivals expected the coding startup to work with SpaceX’s xAI unit to develop new models, specifically for coding.That’s not happening anytime soon, apparently. Cursor doesn’t currently plan to codevelop coding models with xAI and is focused on improving its own model, Composer, which is powered in part by Chinese model Kimi,... Read more ›
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Good morning! Anissa here. We’ve been tracking Google’s effort to expand the reach of its tensor processing units for quite a while, and two developments last week helped us understand where things are actually headed.On one hand, Google said on its earnings call that it plans to sell its TPUs directly to customers for use in their own data centers—something we first reported last fall. The move marks a significant... Read more ›
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OpenAI President Greg Brockman said his stake in the startup he cofounded is worth close to $30 billion. His comment came in response to questioning from a lawyer for Elon Musk as Brockman began his testimony in the trial over Musk’s lawsuit alleging breach of charitable trust at OpenAI. The ... Read more ›
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OpenAI has raised $4 billion from 19 private equity firms and consultancies including TPG, Brookfield Asset Management, Bain Capital and Advent for a new company that will employ specialized tech consultants to help the PE firms’ portfolio companies integrate AI, according to a person with ... Read more ›
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Pinterest’s revenue growth accelerated to 18% in the first quarter, lifting its topline to $854.9 million, the company said Monday afternoon. The digital bulletin board firm said its monthly active user count grew 11%, down a slightly slower growth rate than the fourth quarter. U.S. users grew ... Read more ›
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Cisco announced its intent to acquire Israeli cybersecurity startup Astrix, confirming The Information’s report from April. The company didn’t announce an acquisition price. The Information reported that Cisco was in talks to acquire Astrix for between $250 million to $350 million, at least a ... Read more ›
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The White House is rethinking its approach to AI oversight as models grow more powerful, according to the New York Times, which reported on Monday that the administration is weighing new review processes, including an executive order that would bring together industry executives and government ... Read more ›
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Palantir reported revenue grew 85% to more than $1.6 billion in its March quarter—a 15% uptick from last quarter—and raised its full-year projection to 71% growth, from the 60% it issued a few months ago. Palantir is continuing to benefit as more U.S.-based companies and U.S. government agencies ... Read more ›
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Sierra, a three-year-old startup that makes agents for managing client relationships, said Monday it is raising $950 million in a funding round led by Tiger Global Management and Google Ventures, valuing the AI customer service startup at over $15 billion including the investment. The new ... Read more ›
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11.05.2026 06:29
Last update: 06:20 EDT.
News rating updated: 13:21.
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