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Anthropic raises $13B Series F at $183B valuation

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 to the company’s blog post. Other backers include a string of institutional investors, VCs, sovereign wealth funds, private equity, and asset

OpenAI is adding parental controls to ChatGPT

OpenAI has promised to release parental controls for ChatGPT within the next month, the company said Tuesday. Once the controls are available, they'll allow parents to link their personal ChatGPT account with the accounts of their teenage children. From there, parents will be able to decide how ChatGPT responds to their kids, and disable select features, including memory and chat history. Additionally, ChatGPT will generate automated alerts when it detects a teen is in a "moment of acute distres

Jaguar Land Rover says cyberattack ‘severely disrupted’ production

Jaguar Land Rover (JLR) announced that a cyberattack forced the company to shut down certain systems as part of the mitigation effort. Although the incident appears to have a significant impact on the automakers’ production and retail operations, the short statement published on the official website noted that customer data is most likely unaffected. “JLR has been impacted by a cyber incident. We took immediate action to mitigate its impact by proactively shutting down our systems,” reads the

Klarna revives IPO plans, aims to raise $1.27B

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 $37 each, the company said in an update to its registration statement on Tuesday. Klarna would receive proceeds from about 5.6 million shares, while its shareholders are

SAP to invest over 20 billion euros in 'sovereign cloud' in boost to Europe's AI ambitions

A person holds a smartphone displaying the logo of SAP, a German multinational software corporation known for its enterprise resource planning solutions. German software giant SAP on Tuesday announced it will invest over 20 billion euros ($23.3 billion) into its sovereign cloud capabilities in Europe over the next 10 years. The company said it was expanding its sovereign cloud offerings to include an infrastructure-as-a-service (IaaS) platform enabling companies to access various computing ser

Klarna aims to raise up to $1.27 billion in U.S. IPO

The Klarna Bank AB logo appears on a smartphone screen in this illustration photo in Reno, United States, on December 30, 2024. Swedish fintech firm Klarna is looking to raise up to $1.27 billion in its long-awaited U.S. initial public offering, according to an official filing out on Tuesday. Klarna plans to offer 34,311,274 ordinary shares priced between $35 and $37 each. The offering will value the company up to $14 billion, according to CNBC calculations. The company will list its shares o

Tesla-Killer Lucid Denies Stock Split Is a Delisting Maneuver

Beleaguered electric vehicle company Lucid Motors (LCID) said this week that its reverse stock split, which will consolidate shares to meet NASDAQ’s $1 minimum trading price, is not a move to avoid being delisted. As of Friday, Lucid’s share price was down over 96% from its all-time high of $64.86, reached in February 2021. Its stock has dropped 48% since this time last year and 31% in 2025. One analyst changed their price target as much as 30% after the split was announced. “LCID’s 2Q25 reven

Kapa.ai (YC S23) is hiring research and software engineers

Why you should join kapa.ai We make it easy for technical companies to build AI assistants. Companies like Docker, Grafana and Mixpanel deploy kapa in the following ways: As chat interface on their public documentation to answer developer questions. As first line of defense on their support forms to reduce tickets. As internal assistant for their GTM teams to navigate their own complex product. We leverage companies existing technical knowledge sources including documentation, tutorials, fo

Indian grocery startup Citymall raises $47M to challenge ultra-fast delivery giants

Indian e-commerce startup Citymall, which focuses on budget-focused grocery delivery for tier 2 and tier 3 towns, said today that it has raised $47 million in Series D funding led by Accel, with participation from existing investors including Waterbridge Ventures, Citius, General Catalyst, Elevation Capital, Norwest Venture Partners, and Jungle Ventures. The Series D round comes three years after the company’s $75 million Series C round led by Norwest Venture Partners. The valuation of the comp

LayerX uses AI to cut enterprise back-office workload, scores $100M in Series B

Aging demographics, labor shortages, the adoption of GenAI, and the 2023 implementation of e-invoicing are driving companies to automate finance, tax, procurement, and HR in Japan. Yet only 16% of digital transformations succeed, and that’s only 4–11% in traditional industries. The main barriers? Weak leadership commitment, a rigid culture, and a lack of digital talent. LayerX offers an AI SaaS platform to help enterprises scale back-office automation. LayerX, a Japanese AI SaaS startup that en

Google says reports of a major Gmail security issue are 'entirely false'

Google is officially debunking a series of reports that claimed Gmail has been hit with a "major" security issue in recent days. "We want to reassure our users that Gmail’s protections are strong and effective," the company said in a somewhat unusual statement. "Several inaccurate claims surfaced recently that incorrectly stated that we issued a broad warning to all Gmail users about a major Gmail security issue. This is entirely false." Google doesn't detail the erroneous claims in its post. B

Space investing goes mainstream as VCs ditch the rocket science requirements

Five years ago, investor Katelin Holloway made what she calls a “literal moon shot” investment. A founding partner of the generalist venture firm Seven Seven Six admits she and her team had “no clue” what rocket company Stoke Space was talking about when they pitched the firm on its reusable launch technology. “We knew full well we were not the specialist,” she says. Since then, Holloway has also invested in Interlune, a company planning to harvest helium-3 from the moon and sell it back to Ear

Amazon has mostly sat out the AI talent war

lighning bolt icon An icon in the shape of a lightning bolt. lighning bolt icon An icon in the shape of a lightning bolt. Impact Link This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. As the AI talent war sweeps across Silicon Valley, Amazon has largely sat on the sidelines. A confidential internal document, and accounts from people familiar with the matter, reveal why. The company has flagged its unique pay structure, lagging AI re

Why Runway is eyeing the robotics industry for future revenue growth

Runway has spent the past seven years building visual-generating tools for the creative industry. Now, it sees a new opportunity for its technology: robotics. New York-based Runway is known for its video and photo generation AI world models, or large language models that create a simulated version of the real world. Most recently, the company released Gen-4, its video-generating model, in March and Runway Aleph, its video editing model, in July. As Runway’s world models started to improve — an

Leaked Analogue 3D press video finally gives us our first real look at the N64 clone

TL;DR The Analogue 3D hardware has finally been showcased, nearly a year after it was announced. A press video, uncovered by a Discord user before its official release, shows the finished hardware. After facing several delays, it’s still slated for a Q4 2025 release. When it was first announced last year, the Analogue 3D generated a lot of hype. However, despite reassurances from the company that development was on schedule, the company still hasn’t officially shown the finished hardware in a

AYN’s flagship gaming handheld confirms a massive screen upgrade

AYN TL;DR The AYN Odin 3 will use a bezel-less 6-inch 120Hz HD AMOLED panel. This screen will also be used on the AYN Thor, but it’s unique to AYN. Full specs and pricing for the AYN Odin 3 are expected later this week. Gaming handhelds often live or die by their screens, and AYN has taken a unique approach with its handhelds this year. The dual-screened Thor turned heads for its design and pricing, but the larger 6-inch screen on the top mostly flew under the radar. Now, AYN has announced t

Alibaba shares jump 19% on cloud unit acceleration, report of new AI chip

Signage at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Thursday, Feb. 6, 2025. Alibaba 's Hong Kong listed shares surged more than 19% on Monday as the Chinese tech giant's cloud computing unit drove strong quarterly results, while details emerged over its new AI chip development. It's the highest level for the stock since March. Investors have backed the company's improving performance in its key cloud unit and are content with the the tech giant's investment into new a

Code Is Debt

“Tornike, what do you think of AI coding tools?” I like to answer this frequent question by way of an example. An example of two companies. It goes something like this: Imagine two very similar companies. Both companies generate similar revenue and produce a similar software product. The only difference between these companies is that Company A uses 1 million lines of code and Company B uses 100 thousand lines of code. Which company is better off? Clearly, the company with fewer lines of code

Touted As The Tesla-Killer, Lucid Scrambles to Stay On The NASDAQ

Beleaguered electric vehicle company Lucid Motors (LCID) has implemented a reverse stock split, consolidating shares to meet NASDAQ’s $1 minimum trading price and prevent delisting. As of Friday, Lucid’s share price was down over 96% from its all-time high of $64.86, reached in February 2021. While this move may protect the company from being removed from the exchange for now, it does little to address the underlying issues plaguing the struggling electric vehicle maker. Founded in 2014 by fo

J. Crew Is in Hot Water After Its “Vintage” Ad Turned Out to Be Faked Using AI

The American clothing brand J. Crew is under fire after it was revealed that the company used AI to guzzle up its own aesthetic and promote ads with seemingly fake models. The images, which were published to Instagram earlier this month, don't raise immediate alarm bells. Presumed human men are pictured embodying J. Crew's vintage Americana-prep aesthetic: vibing on boats, cycling past storefronts in muted colors, drawing and painting in their paint-splattered studio, and so on. But as style b

Family of MSFT employee who died warn tech companies not to overwork workers

BY BRADEN CARTWRIGHT Daily Post Staff Writer Relatives of a man who died at Microsoft’s office in Mountain View are calling on tech companies to stop pressuring their employees to overwork themselves. Pratik Pandey, 35, of Menlo Park, was found face down around 2 a.m. on Aug. 20 at 1045 La Avenida Ave. Pandey had told his roommate and colleagues that he was under a lot of stress, juggling multiple projects at the same time, community leader Satish Chandra said in an interview Thursday. The

Verizon Finally Restores Service in Most Areas After Day-Long Outage

Verizon said thousands of people who were affected nationwide by a massive outage now have service back. If your Verizon-backed phone was out most of yesterday or even still down today, you weren’t alone. The company said the blackout was caused by a “software issue” but did not respond to a request to elaborate on what exactly that meant. Verizon officials assured customers that their engineers were actively engaged in diagnosing and resolving the service disruption. By early evening, the com

Google Investors Surprisingly Chill About Major Data Breach

The stock of Google’s parent company ended Friday’s trading session relatively unchanged, as investors digested news of a major data leak and broader market developments. Alphabet Inc. (GOOG)’s shares closed at $213.53, up slightly from the day’s prior end price, despite Google‘s global security alert advising its 2.5 billion Gmail users to update their information following a data breach involving one of its Salesforce databases. The company immediately issued a network-wide alert telling use

‘Jujutsu Kaisen’ Finally Returns With a Fight-Fueled Season 3

The second season of Jujutsu Kaisen wrapped at the tail end of 2023, and MAPPA been quite silent on season three. With other projects fully wrapped or close to coming out, the studio’s ready to go back to Yuji Itadori and crew, and they’ll be back for more supernatural action in January 2026 on Crunchyroll. In case you’ve forgotten, last season ended with Sukuna taking over Yuji’s body to kill a lot of people in Shibuya. If that weren’t bad enough, several Jujutsu sorcerers were killed or badly

These Hi-Fi Speakers Are Made out of Rocket Fuel Tanks

Momentum for space development is growing on a global scale. The rocket company SpaceX, led by CEO Elon Musk, has been carrying out numerous missions since putting its partially reusable Falcon 9 rocket into service. The company now boasts the highest launch frequency in the world, and this has helped boost the number of rocket launches worldwide to 254 last year. This is a dramatic increase of more than 20 percent compared to the previous year. In Japan, Honda has begun developing a reusable

Meta is struggling to rein in its AI chatbots

Meta is changing some of the rules governing its chatbots two weeks after a Reuters investigation revealed disturbing ways in which they could, potentially, interact with minors. Now the company has told TechCrunch that its chatbots are being trained not to engage in conversations with minors around self-harm, suicide, or disordered eating, and to avoid inappropriate romantic banter. These changes are interim measures, however, put in place while the company works on new permanent guidelines. T

TechCrunch Mobility: A new speed bump for EV owners and Waymo’s robotaxi fleet surpasses 2,000

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! Wow, y’all aren’t exactly bullish on EV sales in the U.S. once the federal tax credit expires. For those wondering what I am referring to: I included a poll in the last edition of TechCrunch Mobility. Yup, only email subscribers get to participate in polls. The question was: “What’s your prediction for E

Acer just announced a Google TV box with all the ports you want (Update)

Acer TL;DR Acer has announced the Acer 4K UHD Google TV Box. The gadget includes USB-A connectivity, an Ethernet port, a microSD card slot, and an S/PDIF Optical Audio port. The new streaming box has only launched in South Africa for now and costs ~$80. Update: August 31, 2025 (1:30 AM ET): Acer Africa has now issued corrections to its original press release, and its Google TV box is a little less impressive than it originally claimed. The company told Android Authority that the Acer 4K UHD

What Are Traces and Spans in OpenTelemetry?

Metrics tell you what changed. Logs tell you why something happened. Traces tell you where time was spent and how a request moved across your system. At the heart of distributed tracing in OpenTelemetry are two core concepts: Trace : The full journey of one request / transaction across services. : The full journey of one request / transaction across services. Span: A timed unit of work inside that journey (function call, DB query, external API call, queue processing, etc.). This guide walks

xAI sues an ex-employee for allegedly stealing trade secrets about Grok

xAI doesn't want its secret recipe for Grok to get out, and it's filing a lawsuit to make sure of that. In a lawsuit filed earlier this week, xAI claimed that former employee Xuechen Li stole the company's confidential info and trade secrets before joining the team at OpenAI. Elon Musk's artificial intelligence company also alleged that Li copied documents from an xAI company laptop to at least one of his personal devices. According to the suit, Li stole "cutting-edge AI technologies with featu

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