Posted inEmerging Tech & Futurism
IBM to acquire Confluent for $11B as it seeks to bolster its data offerings
IBM is buying data infrastructure company Confluent for $11 billion in cash in a bid to bolster its…
Posted inEmerging Tech & Futurism
Heat pump startup Quilt raises $20M Series B to expand sales
Quilt, the startup based in Redwood City, California, that’s created sleek, customizable heat pumps, has raised $20 million…
Posted inEmerging Tech & Futurism
Investor letter reveals skyrocketing growth of Waymo’s robotaxi rides
Six months ago, Waymo disclosed it was providing 250,000 robotaxi rides a week across its service areas, an…
Posted inEmerging Tech & Futurism
SpaceX reportedly in talks for secondary sale at $800B valuation, which would make it America’s most valuable private company
According to the Wall Street Journal, SpaceX is launching a secondary share sale that would value Elon Musk’s…
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Meta reportedly plans to slash Metaverse budget by up to 30%
Meta may be planning to make serious cuts to its Metaverse division, Bloomberg reported, citing anonymous sources. Company…
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Company backed by Donald Trump Jr.’s firm nabs $620M government contract
Vulcan Elements, a rare-earth magnets startup backed by Donald Trump Jr.’s VC firm 1789 Capital, has secured a…
Posted inEmerging Tech & Futurism
Meta poaches Apple design exec Alan Dye to lead new creative studio in Reality Labs
Alan Dye, the design executive who led Apple’s user interface team for the last decade, is leaving the…
Posted inEmerging Tech & Futurism
Kalshi raises $1B at $11B valuation, doubling value in under two months
Prediction market Kalshi, which allows people to bet on future events, announced on Tuesday that it raised a…
Posted inEmerging Tech & Futurism
Black Forest Labs raises $300M at $3.25B valuation
German AI lab Black Forest Labs said on Monday that it has raised $300 million in a Series…
Posted inEmerging Tech & Futurism
Nvidia’s $2B Synopsys bet tightens its grip on the chip-design stack
Nvidia is investing $2 billion into Synopsys, which makes software and components for designing semiconductor chips. The deal…