Swedish buy now, pay later (BNPL) startup Klarna and its shareholders are reviving its initial public offering, hoping to raise as much as $1.27 billion in a listing that would value the company at up to $14 billion. The company and some of its shareholders are together selling approximately 34.3 million shares between $35 and…
Instagram is testing a new Picture-in-Picture feature for watching reels, the company confirmed to TechCrunch on Tuesday. The feature allows users to watch reels in a small, floating window on their screen while browsing other apps to allow for multitasking. The feature was first spotted by app researcher Radu Oncescu. Users who are part of…
U.S. Immigration and Customs Enforcement (ICE) signed a contract last year with Israeli spyware maker Paragon worth $2 million. Shortly after, the Biden administration put the contract under review, issuing a “stop work order,” to determine whether the contract complied with an executive order on commercial spyware, which restricts U.S. government agencies from using spyware…
For years, Elon Musk has spoken of the promise of Dojo, the AI supercomputer that was supposed to be the cornerstone of Tesla’s AI ambitions. It was important enough to Musk that in July 2024, he said the company’s AI team would “double down” on Dojo in the lead-up to Tesla’s robotaxi reveal, which happened…
Web publishing platform WordPress is introducing an early version of an AI development tool, which WordPress co-founder and Automattic CEO Matt Mullenweg described as a “V0 or Lovable, but specifically for WordPress” — V0 and Lovable being references to popular “vibe coding” services for building software using prompt-based, AI interfaces. Mullenweg introduced the new WordPress…
AI firm Anthropic has raised a $13 billion Series F round that brings its post-money valuation up to $183 billion — funds the company says will be used to grow its enterprise adoption, deepen safety research, and support international expansion. Iconiq co-led the round with Fidelity Management & Research Company and Lightspeed Venture Partners, according…
Tesla has published its fourth “Master Plan,” and at a high level it is about how the company wants to lead the charge into planet-wide adoption of humanoid robots and sustainable energy. But the post lacks an important building block of plans: specifics. Even CEO Elon Musk agrees. In one of his only posts about…
OpenAI announced in a blog post on Tuesday that it agreed to acquire the product testing startup Statsig, and bring on its founder and CEO, Vijaye Raji, as the company’s CTO of Applications. OpenAI is paying $1.1 billion for Statsig in an all-stock deal — one of the largest acquisitions ever for the ChatGPT maker…
Amazon is further investing in AI-powered shopping experiences with Tuesday’s launch of Lens Live, a new AI-powered upgrade to its Amazon Lens shopping feature that allows consumers to discover new products through visual search, similar to competitors like Google Lens and Pinterest Lens. The tool will also integrate with Amazon’s AI shopping assistant, Rufus, for…
The battle over $20 billion worth of climate-related funding authorized by Congress continues as an appellate court ruled on Tuesday in favor of the Environmental Protection Agency, which had terminated Biden-era grants made to nonprofits. The legal tussle stems from EPA administrator Lee Zeldin’s decision to cancel grants dispersed as part of the Inflation Reduction…
