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After a bruising couple of years for cash-burning financial technology startups, valuations are starting to rise again.
Khosla Ventures and Founders Fund are co-leading a $150 million financing of Ramp, which offers credit cards and software for managing corporate expenses, at around a $7.65 billion valuation including the new capital, according to a person who spoke to Ramp executives about the deal. That number, which is up 36% from its valuation in a round last summer, reflects Rampās improved financial
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The Information
The pre-installed service is used to recommend third-party apps for users to download. Read more āŗ
1,323 fresh
Apple's rumored split release schedule could force a significant reactionary shift in release timelines across the industry. Read more āŗ
1,009 fresh
Donald Trump has proposed sending $2,000 tariff checks to many Americans. Treasury Secretary Scott Bessent says that might need a congressional OK. Read more āŗ
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Young AI talent is overthinking too many aspects of their career, says Fei-Fei Li. Read more āŗ
298 fresh
French deeptech company Hummink has secured ā¬15M in funding to expand its sub-micron printing technology for microelectronics production. Paris-based Hummink, a deeptech company, has raised ā¬15M in a round co-led by KBC Focus Fund, Cap Horn and Bpifrance. The company plans to extend the use of its High-Precision Capillary Printing (HPCaP) process across microelectronics production ... Read more Read more āŗ
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"To be clear, the current economics of space-based data centers don't make sense," writes the Wall Street Journal. "But they could in the future, perhaps as soon as a decade or so from now, according to an analysis by Phil Metzger, a research professor at the University of Central Florida and formerly of the National Aeronautics and Space Administration." "Space enthusiasts (comme moi) have long sought a business case to... Read more āŗ
193 fresh
A practicing Buddhist since 1978, Richard Gere has shared a close friendship with the 14th Dalai Lama, Tenzin Gyatso, for decades. Read more āŗ
165 fresh
Playlist search might finally become a reality on YouTube Music. Read more āŗ
149 fresh
The 93rd Separate Rifle Brigade said its UGVs spotted Russian convoys in the village of Rusin Yar, allowing its drone teams to strike in the fog. Read more āŗ
137 fresh
Studies show that people who commit mass shootings aren't more likely to be taking antidepressants. But is RFK Jr. paying any attention? Read more āŗ
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The real 'world's first microprocessor' was a classified military secret for nearly 30 years. Read more āŗ
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Customers are turning the tables on call centers with their own robot voices. Read more āŗ
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"Three Chinese astronauts returned from their nation's space station Friday," reports the Associated Press, "after more than a week's delay because the return capsule they had planned to use was damaged, likely from being hit by space debris." The team left their Shenzhou-20 spacecraft in orbit and came back using the recently arrived Shenzhou-21, which had ferried a three-person replacement crew to the station, China's Manned Space Agency said. The... Read more āŗ
102 fresh
Fleischer hasn't forgotten his feature film debut, and thinks a third 'Zombieland' could eventually be in the cards. Read more āŗ
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The new EU report Funding the AI Economy by the StepUp StartUps Consortium explores Europeās fast expanding AI investment landscape and makes recommendations to strengthen its capital base, corporate engagement and ecosystem connectivity. AI technologiesā substantial capital needs are redefining the global investment landscape. Over the past decade, AI has evolved from a niche technology ... Read more āŗ
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Mercedes-Benz CEO Ola KƤllenius is the eternal optimist, and for good reason. He has long pushed the European Union to roll back its lofty goal of phasing out new internal combustion engine cars, arguing that weakening the rules was a return to pragmatism and not capitulation to opponents of Europe's green agenda. His push is [ā¦] Read more āŗ
80 fresh
Here are hints and the answers for the NYT Connections: Sports Edition puzzle for Nov. 17, No. 420. Read more āŗ
65 fresh
The good news is that Google Tasks now supports deadlines. The bad news is that the implementation is barebones. Read more āŗ
62 fresh
The Information
Andy Rubin, creator of Android and a former Google executive, has launched a new startup focused on humanoid robots, said a person with direct knowledge of the venture. His venture is the latest addition to the red-hot and frothy humanoid space, crowded with companies ranging from Tesla to startups such as Figure AI. Rubinās startup, Genki Robotics, is based in Tokyo, where he is currently living, according to the person.... Read more āŗ
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Chinese companies are launching open-source AI models built to power coding assistants as cheaper alternatives to those available from OpenAI, Anthropic and Google.Ā Late last month, Shanghai-based AI startup MiniMax launched M2, a new open-source large language model developed primarily for coding and AI agents. In a post on X, MiniMax noted that the price of M2 is just 8% of that of Anthropicās Claude Sonnet model. (M2 costs $1.20... Read more āŗ
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Apple is delaying the release of the second-generation iPhone Air to work on a redesign of the device and make it more appealing to consumers, according to two people with knowledge of the matter. The redesign could include a second camera lens, an attempt to address one of consumersā main ... Read more āŗ
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Walt Disney Co. reported flat revenue and slightly lower operating income in the September quarter, as a sharpĀ slump atĀ most of its TV networks offset growth in its streaming business and theme parks operation. Disney stock was trading down 8% on Thursday. Disneyās entertainment ... Read more āŗ
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OpenAI is trying to turn public opinion against The New York Times in their legal battle. As part of the Timesā copyright infringement lawsuit against the ChatGPT creator, the Times has asked for access to 20 million conversations between users and ChatGPT, a request OpenAI said Wednesday was ā ... Read more āŗ
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Blue Owl Capital, one of Wall Streetās biggest private lenders, is ramping up its big bet on artificial intelligence with a roughly $3 billion investment in a New Mexico data center thatās part of OpenAIās Stargate project, said a person with knowledge of the deal. Blue Owl, which has nearly $300 billion in assets, has emerged as a crucial investor in AI infrastructure, taking on the riskiest slices of big... Read more āŗ
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Welcome, Weekenders! In this newsletter:ā¢ The Big Read: Inside Grindrās boardroom feudĀ ā¢ Plus, our Recommendations: āHarry Potter and the Sorcererās Stone,ā āA Biography of a Mountainā and āMaterialistsāA bit of housekeeping: The Informationās Weekend section is looking for a reporter for a beat weāre calling ātech wealth and culture.ā This person will cover how Silicon Valleyās moguls live largeātheir pursuits, their pastimesāand how they spend their money. Hereās a... Read more āŗ
27
Two longtime vehicle manufacturing leaders at Tesla said separately on Sunday that theyāre leaving the company. One of the executives, Siddhant Awasthi, worked as program manager for Cybertruck and oversaw the production ramp of the electric truck. Awasthi, an eight year Tesla veteran, also ... Read more āŗ
25
TeraWulf was limping along as a publicly traded bitcoin mining business until AI companies suddenly wanted access to its data centers. Now the cloud startup is at the center of one of the hottest meme-stock trades. Shares in TeraWulf and competing crypto miners have soared in recent months after they struck deals with tech companies desperate for data centers and energy resources to power their AI bets. Anthropic, maker of... Read more āŗ
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Investors are rushing to back a new generation of research-focused AI startups. In just over a month, theyāve made or discussed $2.5 billion of investments into five of these startups, called neolabs, despite the high costs and risk of failure. The neolab startupsā founders say they hope to exploit new approaches to developing AI models and research they say major developers like OpenAI and Anthropic may have overlooked. Read more āŗ
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Most popular sources
Business Insider
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28% 11 |
Gizmodo
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20% 17 |
Tom's Hardware
|
16% 3 |
CNET
|
4% 0 |
Android Authority
|
4% 5 |
| View sources » | |
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17.11.2025 04:54
Last update: 04:45 EDT.
News rating updated: 11:41.
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