Meta has officially finalized the acquisition of PlayAI, a California-based startup known for its cutting-edge AI voice cloning technology, according to a report from Bloomberg. The purchase marks another significant move in Meta’s accelerated campaign to dominate the artificial intelligence space, particularly in speech and generative AI. PlayAI’s
Firefly Aerospace, a rising player in the commercial space industry, is preparing to launch its most ambitious mission yet: becoming a publicly traded company. On Friday, the company formally filed its S-1 registration with the U.S. Securities and Exchange Commission (SEC), revealing a plan to go public on the
Amazon Web Services (AWS) is preparing to launch its own AI agent marketplace next week, marking a significant step in the evolving world of AI-driven automation. According to sources cited by TechCrunch, the launch will take place during the AWS Summit in New York City on July 15. Anthropic, one
Varda Space is pushing the boundaries of pharmaceutical production by taking the process out of Earth’s gravity well and into orbit. The company announced a $187 million Series C funding round on Thursday to accelerate its mission of using space as a unique environment for drug manufacturing. With gravity
Google is continuing to advance its AI-powered video tools, announcing the rollout of an image-to-video generation feature in its Gemini app. This new capability is powered by Veo 3, Google’s latest AI video generation model. The image-to-video feature allows users to turn still images into dynamic video clips directly
Amazon has secured new multi-year licensing agreements with media giants Hearst and Condé Nast, granting its AI shopping assistant, Rufus, access to a wide array of premium editorial content. As reported by Digiday, this partnership allows Amazon's AI to draw from the vast archives of influential publications such
Elon Musk’s artificial intelligence company, xAI, released its latest flagship model, Grok 4, and introduced a new premium subscription tier called SuperGrok Heavy, priced at $300 per month. The announcement was made Wednesday during a livestream where Musk, wearing a leather jacket, presented the advancements alongside key xAI leaders.
Shares of WK Kellogg surged more than 50% on Wednesday after reports surfaced that Italian confectionery giant Ferrero is nearing a roughly $3 billion acquisition of the iconic U.S. cereal maker. The deal, expected to close as soon as this week, was first reported by The Wall Street Journal,
Revolut, one of Europe’s leading fintech firms, is reportedly seeking a new funding round that could push its valuation to an impressive $65 billion, according to a recent report from the Financial Times. The London-based company is said to be in advanced discussions to raise approximately $1 billion through
Perplexity, the fast-rising AI startup known for its search engine technology, has officially launched its first web browser, Comet. The release marks the company’s most direct challenge yet to Google’s dominance in how people search and browse the internet. But rather than simply creating another browser, Perplexity is
Hugging Face, the AI platform best known for its open source machine learning community, has taken another step into robotics. The company announced that it is now accepting orders for its new Reachy Mini desktop robots, designed specifically for developers to build, program, and experiment with AI-powered machines. Originally unveiled
SpaceX, the aerospace giant founded by Elon Musk, is reportedly preparing to raise new capital in a move that could push its valuation to around $400 billion. According to Bloomberg, the company is planning to sell new shares to insiders while also conducting a tender offer that would allow employees
Artificial Intelligence (AI)
French artificial intelligence startup Mistral is in advanced discussions to secure up to $1 billion in new equity funding, according to a Bloomberg report citing people familiar with the matter. The potential funding round is said to involve Abu Dhabi’s MGX fund, a $100 billion government-backed initiative focused on
Artificial Intelligence (AI)
In the fast-evolving landscape of AI-generated video, Los Angeles-based startup Moonvalley is taking a different approach. The company believes that making a movie is about more than just typing a clever prompt. On Tuesday, Moonvalley publicly released its “3D-aware” video generation model, Marey, offering what it calls a “hybrid filmmaking”
Transportation
Waymo, Alphabet’s self-driving technology subsidiary, is taking its autonomous vehicle (AV) testing to the Northeast. On Monday, the company kicked off two new “road trips” to Philadelphia and New York City, marking the latest step in its nationwide push to refine its AI driver and eventually expand commercial robotaxi
Cloud Computing
Cloud infrastructure provider CoreWeave announced Monday its acquisition of Core Scientific, a data center infrastructure company, in a $9 billion all-stock transaction. This move marks one of the largest consolidation efforts in the AI infrastructure space, as demand for compute power continues to skyrocket. With this acquisition, CoreWeave gains access
Military & Defense
Hypersonic weapons startup Castelion is accelerating its mission to reshape the U.S. defense landscape. The company has secured a massive $350 million Series B funding round, led by Lightspeed Venture Partners and Altimeter Capital, according to documents viewed by TechCrunch. This latest funding values Castelion in the billions and
Software Development
Swedish AI startup Lovable, a standout in the rapidly growing world of “vibe coding,” is reportedly raising over $150 million in fresh funding at a valuation nearing $2 billion, according to the Financial Times. This marks a dramatic leap from just a few months ago, when the company closed a
Artificial Intelligence (AI)
Perplexity, the rising star in AI-powered search, is upping the stakes with the launch of Perplexity Max, a $200-per-month subscription designed for its most dedicated users. Announced in a company blog post Tuesday, the new plan grants subscribers early access to experimental features, advanced tools, and cutting-edge AI models. The
Food
Luckin Coffee, the Chinese chain that skyrocketed to popularity by outpacing Starbucks in its own strongest international market, is officially entering the U.S. — and it's not being subtle about it. The fast-growing brand launched its first two American stores on Monday in New York City, signaling a
Food
Del Monte Foods, a cornerstone of American pantries for over a century, has filed for Chapter 11 bankruptcy protection, signaling a dramatic turning point for the 138-year-old food company. Known widely for its canned fruits, vegetables, and iconic brands like Contadina and College Inn, the company is now actively pursuing
Artificial Intelligence (AI)
Elon Musk’s artificial intelligence venture, xAI, has secured a massive $10 billion in combined debt and equity financing, according to a statement from Morgan Stanley. The raise—split evenly between secured notes and term loans, and strategic equity investments—is one of the largest ever for an AI startup
Robotics
In a bold move that signals growing ambition in the field of robotics and artificial intelligence, Genesis AI has emerged from stealth mode with a staggering $105 million seed round, co-led by Eclipse Ventures and Khosla Ventures. The startup, founded just last December, is aiming to build a general-purpose AI
Design
Figma, the collaborative design software powerhouse, took a major step toward going public on Tuesday by filing its S-1 with the SEC. While the filing stops short of revealing how many shares will be offered or at what price, it provides the most comprehensive look yet into Figma’s financial