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The artificial intelligence boom has provided a nice distraction from the reality of the venture capital industry, where cracks beneath the surface continue to grow. The latest edition of PitchBook’s quarterly report on the venture business paints a concerning portrait and offers a bleak projection: “the dam created by the headwinds of high interest rates and inflation will eventually crack.”Here are five data points from the new report that jumped out at me:
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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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ZEE5’s FIFA Litmus Test After months of uncertainty, Zee recently locked both TV and digital rights for the 2026 FIFA… Read more ›
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India’s smartphone market may no longer be growing rapidly in unit terms (as per IDC’s May 2026 report), but consumers… Read more ›
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The trailer also confirmed KH4 is coming to PlayStation 5, Xbox Series X, PC and the Nintendo Switch 2. Read more ›
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Meta Business Agent is now available globally, putting AI that can recommend products and close sales inside WhatsApp, Messenger and Instagram. A Shopee integration and the region’s entrenched chat-commerce habits make Southeast Asia the real proving ground for the launch. Meta Business Agent went global on June 3, and the pitch is blunt: an AI ... Read more ›
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На сегодняшний день сфера ИТ в России — это огромная индустрия, где работают сотни тысяч специалистов. Официально государство признало значимость этой профессии еще в 2009 году, когда был учрежден День программиста (Указ Президента РФ № 1034).Но даже тогда эта формулировка сужала всю индустрию до одной специальности. Ведь работа ИТ-систем — это заслуга не только программистов. Здесь одинаково важны системное администрирование, администрирование сетей, информационная безопасность техподдержка, и другие спец Read more ›
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The cancellation of the Knicks' game watch party outside Madison Square Garden sparked a feud between NYC Mayor Mamdani and owner James Dolan. Read more ›
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Forget rainbow-hued crockery; this outdoor dining range is as sophisticated as it is practical. Read more ›
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Samsung's upcoming wide-format Galaxy Z Fold, most recently believed to be called Galaxy Z Fold8 (while the successor in form to the Galaxy Z Fold7 would be the Galaxy Z Fold8 Ultra), has now been certified for sale in India by BIS. It has the model number SM-F971B. The certification doesn't reveal any specs, but according to previous rumors the device will sport a 7.6-inch inner display with a 4:3... Read more ›
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I went hands on with iFi’s new GR 2 DAC, and its exceptional specs and user friendly design make it feel like a worthy follow-up to its legendary predecessor. Read more ›
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Tired of battling caked-on grass on your lawn mower? Discover the essential hardware that will save your time, protect the metal, and prevent rust. Read more ›
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Here are hints and the answers for the NYT Connections: Sports Edition puzzle for June 11, No. 626. Read more ›
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Months after raising ₹90 Cr, healthtech startup 4baseCare has now secured an additional ₹38 Cr (nearly $4 Mn) to finally… Read more ›
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Commentary: My favorite anti-tech tech product has barely changed since the 2000s -- thank goodness. Read more ›
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Anthropic CEO Dario Amodei claims in a new essay that AI growth remains "exponential." Claude Mythos tells us something different. Read more ›
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The Information
Helion Energy, a nuclear fusion startup backed by OpenAI’s Sam Altman, still has to prove it can produce electricity to serve data centers and other customers. But investors seem confident it can deliver. The Everett, Wash.–based company said it has raised $465 million in a funding round led by Thrive Capital, the investment firm founded by Josh Kushner, a big backer of OpenAI. Helion’s valuation after the investment was $15.5... Read more ›
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The billionaire co-founder of Databricks and Perplexity AI, Andy Konwinski, is singularly focused on plugging the years-long drain of talent from academia to Big Tech.He wants to encourage academics to focus on publishing more openly available research, a reaction to the move by frontier AI companies to reduce the amount of AI research they publish as they race against one another to develop the best models and AI tools. While... Read more ›
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Pinterest said it would spend $4 billion on Amazon Web Services infrastructure through 2031, the largest infrastructure commitment in the company’s history. As part of the deal, Pinterest will use AWS’ Trainium chips for AI workloads and expand its use of Amazon’s CPU Graviton. Pinterest has ... Read more ›
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Two members of Congress released a sweeping discussion draft for an AI regulatory framework on Thursday, proposing a bipartisan federal approach ahead of November’s midterm elections. Led by Reps. Jay Obernolte (R-Calif.) and Lori Trahan (D-Mass.), the bill represents the latest Congressional ... Read more ›
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Tech firms ranging from Block to Meta Platforms have announced mass layoffs in the past year, frequently citing AI as allowing them to do more with less people. In a variation on that approach Snowflake says it used layoffs to force software engineers to use AI tools and become more productive.“At the time, my team hated me, but I thought it was a provocative way” to get them to use... Read more ›
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SpaceX, planning the largest initial public offering of all time next week, will already need to raise more cash by next year if private forecasts from analysts at Goldman Sachs come to fruition. SpaceX’s lead bank on the IPO, in aggressive forecasts shared with prospective investors this week, expects the company to burn $120 billion this year and next year combined, and another $230 billion through 2030, as it significantly... Read more ›
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Cybersecurity stocks CrowdStrike and Palo Alto Networks have risen 50% or more this year based on the perception that an AI-driven increase in cyberthreats will make their services all the more important. Yet Rubrik, which also stands to benefit from that trend, is up only 1% so far this year. That lag likely results from investors’ narrow view of what constitutes a cybersecurity firm, and partly because its AI business... Read more ›
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Microsoft CEO Satya Nadella on Thursday rebuked an internal memo that another company executive had written advocating to “make people addicted” to its new AI agent product called Scout. “This is absolutely a non goal! If anything we are doing the exact opposite. We want to make sure AI empowers ... Read more ›
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Cybersecurity and data recovery firm Rubrik reported 39% higher revenue of $387 million for the April quarter, far exceeding what Rubrik had projected for the quarter. Rubrik, which in February released a new software tool to help companies manage intelligence agents, also upped its revenue ... Read more ›
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Airbnb chief executive Brian Chesky is in early stage talks to fund a new AI lab, according to a person with knowledge of the discussions. The lab will aim to develop models with a possible design focus, according to a Bloomberg report. In recent months, Airbnb has made strides to become a more ... Read more ›
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10.06.2026 22:40
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