It’s been a long road for the 20-year-old fintech Klarna to make it to an IPO. But on Wednesday, the company successfully landed on the New York Stock Exchange, having raised $1.4 billion, largely for its existing investors, rather than itself. The fintech giant sold shares at $40, above its announced range of $35 to…
There’s been great interest in what Mira Murati’s Thinking Machines Lab is building with its $2 billion in seed funding and the all-star team of former OpenAI researchers who have joined the lab. In a blog post published on Wednesday, Murati’s research lab gave the world its first look into one of its projects: creating…
There are times when you may want to prevent videos and GIFs from automatically playing in your social media feeds. This could be because you’re trying to conserve cellular data, limit the addictiveness of these apps, or maintain better control over your viewing experience, as when a video is going viral that you don’t wish…
With Anduril’s help, Australia has done what the U.S. Navy has struggled to accomplish: transition an extra-large undersea drone from white board to under contract in just three years. Anduril announced Tuesday that a fleet of its XL uncrewed undersea vehicle (XLUUV) “Ghost Shark” will begin operations in Australian waters next year under a massive…
Oracle sent its shares soaring after markets closed yesterday after reporting that it signed multiple multi-billion-dollar contracts with several customers. Now, we have an idea of who those customers might be. Oracle signed a deal with OpenAI for the AI company to purchase $300 billion worth of compute power over a span of about five…
YouTube announced on Wednesday that its multi-language audio feature has officially launched after a two-year-long pilot. Now, millions of YouTubers can add dubbing to their videos in different languages, helping them reach a wider global audience. The rollout is expected to happen over the coming weeks. The feature initially launched as a pilot in 2023,…
Replit has raised a $250 million round, valuing the company at $3 billion. Unlike other fast-growing vibe coders, Replit has not been running to VCs every few months, though we’ll see if that changes. Its last raise was in 2023 when it raised about $100 million that valued the company at $1.16 billion post-money. Replit…
Apple on Tuesday announced its iPhone 17 lineup, which consists of the iPhone 17, iPhone 17 Air, iPhone 17 Pro, and iPhone 17 Pro Max. All four of the devices will be available to preorder on Friday and will be available on September 19. iPhone 17 and iPhone 17 Air Differential specs Display: iPhone 17:…
The co-founders who sold their last startup Anchor to Spotify are launching their next project: Oboe, an AI-powered educational app that enables anyone to create lightweight, flexible learning courses on nearly any topic they choose, simply by entering a prompt. These courses can span a variety of verticals, including topics like science, history, foreign language,…
Jaguar Land Rover said on Wednesday that an unspecified amount of data was stolen during a cyberattack that has brought vehicle assembly lines to a standstill. In a statement on Wednesday, the U.K.-based maker of Land Rover and Range Rover vehicles said it was aware that “some data” was taken in the incident. Companies that…
