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Anduril CEO Palmer Luckey says the defense tech company will 'definitely' go public

cnbc.com Samantha Subin 2025-09-17 11:02:19

Defense tech startup Anduril Industries will go public, founder and CEO Palmer Luckey said Tuesday. "We are definitely going to be a publicly traded company," he told CNBC's "Closing Bell: Overtime." "We are running this company to be the shape of a publicly traded company." He added that there isn't "really a path" for a company like Anduril to win significant trillion-dollar defense contracts without going public. Luckey did not detail an IPO timeline. Since its founding, Anduril has risen

Topics: anduril company defense going luckey

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Boeing Jet Explodes in Giant Fireball, Killing Hundreds

futurism.com Unknown 2025-09-19 03:01:41

A Boeing Dreamliner 787 plane crashed into a residential neighborhood with 242 people aboard mere moments after taking off from Ahmedabad in western India, exploding in an immense fireball. The cause of the immensely tragic loss of life remains unknown. As CNBC reports, it could take months to find out. The top-selling wide-body aircraft was delivered to Air India in 2014. According to a tweet by FlightRadar, the Boeing jet ascended to roughly 200 feet before plummeting back down at a "vertica

Topics: boeing company crash crashes deadly

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Apple Intelligence announcements at WWDC: Everything Apple revealed for iOS, macOS and more

engadget.com Unknown 2025-09-19 04:27:43

Apple Intelligence hasn't landed in the way Apple likely hoped it would, but that's not stopping the company from continuing to iterate on its suite of AI tools. During its WWDC 2025 conference on Monday, Apple announced a collection of new features for Apple Intelligence, starting with upgrades to Genmoji and Image Playground that will arrive alongside iOS 26 and the company's other updated operating systems. In Messages, you'll be able to use Image Playground to generate colorful backgrounds

Topics: apple company intelligence new use

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AI chatbots tell users what they want to hear, and that’s problematic

arstechnica.com Unknown 2025-09-19 07:33:02

The world’s leading artificial intelligence companies are stepping up efforts to deal with a growing problem of chatbots telling people what they want to hear. OpenAI, Google DeepMind, and Anthropic are all working on reining in sycophantic behavior by their generative AI products that offer over-flattering responses to users. The issue, stemming from how the large language models are trained, has come into focus at a time when more and more people have adopted the chatbots not only at work as

Topics: ai chatbots companies models people

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Legal tech platform Definely raises $30M Series B to make contract reviewing more efficient

techcrunch.com Dominic-Madori Davis 2025-09-19 12:00:00

Nnamdi Emelifeonwu was always curious about what work life was like for his colleague Feargus MacDaeid, one of the few registered blind lawyers in the U.K. Both practiced law at the global firm Freshfields. When asking about what would make his life easier, the answer was clear: “Help me navigate definitions in complex contracts without losing context,” Emelifeonwu told TechCrunch. He realized the fix to MacDaeid’s request would be useful to every lawyer. So in 2017, Emelifeonwu and MacDaeid t

Topics: ai company emelifeonwu legal ventures

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How Warp is introducing robots to automate its network of warehouses

techcrunch.com Rebecca Szkutak 2025-09-19 12:00:00

Warp was founded in 2021 to help companies streamline their shipping supply chains and reduce costs through its tech-enabled network of shippers, carriers and warehouses. Now, it wants to make supply chains further efficient by using robots to automate its web of warehouses. Daniel Sokolovsky, the co-founder and CEO of Warp, told TechCrunch that Warp is always looking for ways to make shipping more efficient for its customers, which include enterprises like Walmart, Gopuff, and HelloFresh. Wit

Topics: company robots said sokolovsky warp

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Former Intel engineers form AheadComputing to break CPU performance limits with RISC-V design

techspot.com Skye Jacobs 2025-09-19 16:03:00

What just happened? In the heart of Oregon's Silicon Forest, a group of veteran chip architects has traded the security of a tech giant for the high-stakes world of startups, aiming to redefine the future of microprocessors. The founders of AheadComputing, who collectively spent nearly a century at Intel, are now channeling their expertise into building a new class of CPU, one they believe could upend the industry's established order. Rather than building on the legacy of x86, the team is betti

Topics: aheadcomputing ai company risc technical

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GitLab patches high severity account takeover, missing auth issues

bleepingcomputer.com Unknown 2025-09-19 16:26:00

GitLab has released security updates to address multiple vulnerabilities in the company's DevSecOps platform, including ones enabling attackers to take over accounts and inject malicious jobs in future pipelines. The company released GitLab Community and Enterprise versions 18.0.2, 17.11.4, and 17.10.8 to address these security flaws and urged all admins to upgrade immediately. "These versions contain important bug and security fixes, and we strongly recommend that all self-managed GitLab inst

Topics: 2025 company cve gitlab malicious

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Brazil's Supreme Court makes social media liable for user content

news.ycombinator.com Unknown 2025-09-19 14:57:20

Live Events The majority of justices on Brazil's Supreme Court have agreed to make social media companies liable for illegal postings by their users. Gilmar Mendes on Wednesday became the sixth of the court's 11 justices to vote to open a path for companies like Meta, X and Microsoft to be sued and pay fines for content published by their users. Voting is ongoing but a simple majority is all that is needed for the measure to pass.The ruling will come after US Secretary of State Marco Rubio warn

Topics: companies court law media social

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Amazon Prime Video Now Comes With Double the Ads!

gizmodo.com Aj Dellinger 2025-09-19 16:40:25

It wasn’t that long ago that an ad-free experience was the default for streaming services. But companies need to make sure the line keeps going up, and one way to do that is to monetize the audience by serving them ads. Amazon introduced ads to its Prime Video streaming service last year, with the promise that it would be light and unintrusive. Well, time to juice those profits, because Adweek reports that Amazon will double the number of ads that it serves per hour to its viewers. Look at this

Topics: ad ads amazon company experience

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Inexpensive AI Agents Threaten Entry-Level Coding Jobs

wired.com Paresh Dave 2025-09-19 15:00:00

In 2007, Luke Arrigoni, an AI entrepreneur, earned $63,000 at his first job as a junior software developer. Today, he says AI tools that write better code than he did back then cost just $120 annually. The numbers don’t sit right with him. Arrigoni, who runs Loti AI, a company that helps Hollywood stars find unauthorized deepfakes, worries that underpriced AI tools encourage companies to eliminate entry-level roles. He wants to flip the incentive structure so people’s careers don’t end before t

Topics: ai arrigoni companies prices says

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Sony Bravia 8 II OLED TV Review: Strikingly Clear

wired.com Ryan Waniata 2025-09-19 16:33:00

If you’re looking for a premium 2025 TV, the latest round of the best OLEDs has you spoiled for choice. With LG and Panasonic using LG’s new breakthrough four-stack panel, and Samsung and Sony sharing Samsung’s most advanced QD-OLED panel yet, there are four tantalizing top-tier OLED TVs hitting stores this year, each one offering a notable brightness boost to go along with OLED’s many other talents. What Sony has done with Samsung’s new display is, in a word, beautiful. The awkwardly named Bra

Topics: ii lg panel sony tv

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Meta files lawsuit against developer of CrushAI 'nudify' app

cnbc.com Jonathan Vanian 2025-09-20 01:59:18

Meta is suing a company that ran ads on its services to promote an app that lets people create non-consensual, sexualized images of others using AI technology, the social media company said Thursday. The lawsuit is against Joy Timeline HK Limited, which develops the app called CrushAI and its variants. The Hong Kong-based company ran ads on Facebook and Instagram to promote CrushAI, an app that uses artificial intelligence to take a photo of someone and create nude imagery of them. Meta filed

Topics: ads app company meta said

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Gecko Robotics raises $125 million in deal valuing critical infrastructure startup over $1 billion

cnbc.com Ian Thomas 2025-09-20 01:57:08

Gecko Robotics announced on Thursday that it raised $125 million in a Series D funding round, raising the AI and robotics company's valuation to $1.25 billion. The new round of funding means the Pittsburgh-based company has reached unicorn status, roughly twelve years after it was founded by Jake Loosararian. The company's previous round of funding, a $173 million Series C in December 2023, valued it at $633 million. To date, the company has raised $347 million from investors including USIT, X

Topics: company funding gecko million round

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Meta is cracking down on AI 'nudify' apps

engadget.com Unknown 2025-09-20 00:00:34

Meta is finally cracking down on "nudify" apps that use AI to generate nonconsensual nude and explicit images of celebrities, influencers and others. The company is suing one app maker that's frequently advertised such apps on Facebook and Instagram, and taking new steps to prevent ads for similar services. The crackdown comes months after several researchers and journalists have raised the alarm about such apps. A recent report from CBS News identified at least "hundreds" of ads on Meta's plat

Topics: ads ai apps company meta

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AI Agents Are Too Cheap for Our Own Good

wired.com Paresh Dave 2025-09-20 01:00:00

In 2007, Luke Arrigoni, an AI entrepreneur, earned $63,000 at his first job as a junior software developer. Today, he says AI tools that write better code than he did back then cost just $120 annually. The numbers don’t sit right with him. Arrigoni, who runs Loti AI, a company that helps Hollywood stars find unauthorized deepfakes, worries that underpriced AI tools encourage companies to eliminate entry-level roles. He wants to flip the incentive structure so people’s careers don’t end before t

Topics: ai arrigoni companies prices says

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Multiverse Computing raises $215M for tech that could radically lower AI costs

techcrunch.com Julie Bort 2025-09-19 23:00:00

Spanish startup Multiverse Computing on Thursday said it has raised an enormous Series B round of €189 million (about $215 million) on the strength of a technology it calls “CompactifAI.” CompactifAI is a quantum-computing inspired compression technology that is capable of reducing the size of LLMs by up to 95% without impacting model performance, the company said. Specifically, Multiverse offers compressed versions of well-known, open-source LLMs – primarily small models – such as Llama 4 Sco

Topics: capital company models multiverse ventures

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Meta invests $14.8 billion in Scale AI to accelerate superintelligence ambitions

techspot.com Skye Jacobs 2025-09-20 01:19:00

Editor's take: Big tech companies are locked in a fierce race to develop artificial intelligence that matches or exceeds human intelligence – a breakthrough with the power to transform industries and society. Meta's new partnership with Scale AI underscores just how urgent and high-stakes this competition has become, as the company commits to unprecedented investments to keep pace. Insider sources told The Information that Meta is making a bold move to reshape its artificial intelligence ambiti

Topics: ai company intelligence meta scale

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Snap to launch smaller, lighter augmented reality Specs smartglasses in 2026

cnbc.com Jonathan Vanian 2025-09-18 22:10:01

The head of Snapchat operator Snap, Evan Spiegel, presents the new generation of Spectacles in Los Angeles on Sept. 17, 2024. Snap on Tuesday announced its plans to release a sixth-generation of its augmented reality glasses in 2026, as competition in the smart glasses market continues to heat up. The maker of Snapchat said that its next-generation glasses will be called Specs, breaking with the company's Spectacles branding that it used for previous versions of its wearable devices. The Specs

Topics: company glasses said snap spectacles

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What's next for Oura Ring in personal health and fitness monitoring, according to CEO Tom Hale

cnbc.com Ian Thomas 2025-09-18 22:27:23

When the idea for the Oura Ring was first spawned in 2013, the company's founders envisioned a device that would take a precise look at sleep and recovery, two important aspects of overall health that they felt few wearable tools had prioritized to that point. Now, over a decade later, Oura's ambitions have evolved to transform healthcare and personal health, all while disrupting the growing wearables industry. "The vision for the future of Oura has to do with the doctor in your pocket," Oura

Topics: ai company health just oura

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Tesla rallies on robotaxi hopes as fear over Musk-Trump feud subsides

cnbc.com Lora Kolodny 2025-09-19 03:14:59

In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNT Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images In the three trading days since Elon Musk's war of words with President Donald Trump last week sank Tesla's market cap by 14% in a single session, the stock has rallied almost all the way back. Tesla shares rose 5.7% on Tuesday to close at $326.09 o

Topics: austin company musk tesla trump

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Google adds chief AI architect to accelerate development of AI products

cnbc.com Jennifer Elias 2025-09-20 00:58:52

Google on Wednesday added a chief AI architect to its leadership ranks as the company continues to prioritize artificial intelligence and add the technology to more of its products. The company tapped Koray Kavukcuoglu, Google DeepMind's chief technology officer, for the new senior vice president position, the company confirmed Wednesday. Kavukcuoglu will report directly to Google CEO Sundar Pichai. Semafor first reported the executive change. Kavukcuoglu will help with product strategy and "a

Topics: ai company google kavukcuoglu products

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Chime prices IPO at $27 per share, valuing fintech company at $11.6 billion ahead of Nasdaq debut

cnbc.com Mackenzie Sigalos 2025-09-20 03:58:10

Chime priced its IPO at $27 per share on Wednesday, above the expected range, in an offering that values the provider of online banking services at $11.6 billion The company raised roughly $700 million in the IPO, with another $165 million worth of shares being sold by existing investors. The stock is expected to begin trading Thursday under ticker symbol CHYM. The offering comes after a years-long freeze in the fintech IPO pipeline, as rising interest rates and valuation resets kept many late

Topics: company expected ipo offering online

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360-degree camera maker Insta360 goes public in China

venturebeat.com Dean Takahashi 2025-09-19 14:30:00

Insta360, a maker of 360-degree cameras and action cameras, went public in in an initial public offering in China. It’s a company for the age of vloggers. The company started in 2015 with the mission of helping people better capture and share their lives. It expanded worldwide and it is the No. 1 market leader in the U.S. in 360-degree cameras. On the Shanghai Stock Exchange, Insta360 went public at 182 yuan per share, or $25.32 a share. That set the company’s total value at 70 billion yuan, o

Topics: cameras company google insta360 series

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Nothing to see here: Leaked Nothing Phone 3 render confirms death of the Glyph (Update: Or does it?)

androidauthority.com Unknown 2025-09-18 23:31:33

TL;DR Nothing Phone 3’s back panel design has leaked in a new render. The render confirms the removal of Nothing’s signature Glyph lighting system, though the back panel still retains a quirky design. The Nothing Phone 3 is confirmed to launch on July 1, and is expected to bring a flagship-grade camera, a flagship chip, and a large battery for about $800. Update, June 10, 2025 (02:31 PM ET): Earlier today we got a peek at some very professional-looking imagery that purported to depict the upc

Topics: glyph leaked panel phone render

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Dia, The Browser Company’s AI-first browser, launches Mac beta

9to5mac.com Marcus Mendes 2025-09-19 19:58:47

After discontinuing Arc, The Browser Company is back with a new take on its vision for the future of web browsing in the AI era. Dia, its new browser, is now available in beta for existing Arc users on macOS. And while it shares a few design cues from its predecessor, Dia is a very different product with a very different goal. Here’s how to test it out. When it first came out, Arc made a deservedly big fuss with its complete reimagining of browser UX. Then it proved too cumbersome and commercia

Topics: arc browser browsing company dia

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Nintendo sets record with 3.5 million Switch 2 units sold in four days

engadget.com Unknown 2025-09-19 18:00:50

Nintendo has sold 3.5 million Switch 2s in four days, setting a company record for a new console launch. That puts Nintendo on track toward its goal to sell 15 million units by March 2026 if it can keep up on the production side. By comparison, it took the original Switch nearly a full month to hit 2.7 million units sold, even though it launched at a considerably lower price ($300 compared to $450 for the Switch 2). To get a hold of one, fans entered lotteries to buy consoles directly from Nint

Topics: company launch million nintendo switch

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Disney and Universal Studios file suit against Midjourney for copyright infringement

engadget.com Unknown 2025-09-19 20:42:06

Disney and NBCUniversal have filed a joint suit against AI company Midjourney alleging copyright infringement on their various properties. The complaint, filed in federal district court in Los Angeles, includes images created by Midjourney that feature a wide variety of protected characters from each company’s various properties, including Star Wars, Shrek, The Simpsons, Despicable Me and others. The 110-page suit alleges that the AI company “helped itself to countless” copyrighted works when tr

Topics: ai company copyright midjourney suit

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The Browser Company’s new AI browser rolls out to private beta testers

engadget.com Unknown 2025-09-19 22:03:12

The Browser Company’s new AI-powered browser is now available in an invite-only beta. Called Dia, the browser was first announced towards the end of 2024, and is built around the deep integration of what its maker calls "the most personal AI on the market". Dia allows you to "chat with your tabs" and will adapt and learn the more you use it. You can open an AI chat on any webpage without having to leave the tab, where the built-in bot can search the web, compare websites, answer questions about

Topics: ai announced browser company dia

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Erie Insurance confirms cyberattack behind business disruptions

bleepingcomputer.com Unknown 2025-09-20 02:44:30

Erie Insurance and Erie Indemnity Company have disclosed that a weekend cyberattack is behind the recent business disruptions and platform outages on its website. Erie Indemnity Company is the management company for the Erie Insurance Group, a property and casualty insurer with over 6 million active policies. The company provides auto, home, life, and business insurance policies through independent agents. Since Saturday, June 7, Erie Insurance has been suffering from widespread outages and bu

Topics: business company erie insurance response

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Latest Tech News

Anduril CEO Palmer Luckey says the defense tech company will 'definitely' go public

Boeing Jet Explodes in Giant Fireball, Killing Hundreds

Apple Intelligence announcements at WWDC: Everything Apple revealed for iOS, macOS and more

AI chatbots tell users what they want to hear, and that’s problematic

Legal tech platform Definely raises $30M Series B to make contract reviewing more efficient

How Warp is introducing robots to automate its network of warehouses

Former Intel engineers form AheadComputing to break CPU performance limits with RISC-V design

GitLab patches high severity account takeover, missing auth issues

Brazil's Supreme Court makes social media liable for user content

Amazon Prime Video Now Comes With Double the Ads!

Inexpensive AI Agents Threaten Entry-Level Coding Jobs

Sony Bravia 8 II OLED TV Review: Strikingly Clear

Meta files lawsuit against developer of CrushAI 'nudify' app

Gecko Robotics raises $125 million in deal valuing critical infrastructure startup over $1 billion

Meta is cracking down on AI 'nudify' apps

AI Agents Are Too Cheap for Our Own Good

Multiverse Computing raises $215M for tech that could radically lower AI costs

Meta invests $14.8 billion in Scale AI to accelerate superintelligence ambitions

Snap to launch smaller, lighter augmented reality Specs smartglasses in 2026

What's next for Oura Ring in personal health and fitness monitoring, according to CEO Tom Hale

Tesla rallies on robotaxi hopes as fear over Musk-Trump feud subsides

Google adds chief AI architect to accelerate development of AI products

Chime prices IPO at $27 per share, valuing fintech company at $11.6 billion ahead of Nasdaq debut

360-degree camera maker Insta360 goes public in China

Nothing to see here: Leaked Nothing Phone 3 render confirms death of the Glyph (Update: Or does it?)

Dia, The Browser Company’s AI-first browser, launches Mac beta

Nintendo sets record with 3.5 million Switch 2 units sold in four days

Disney and Universal Studios file suit against Midjourney for copyright infringement

The Browser Company’s new AI browser rolls out to private beta testers

Erie Insurance confirms cyberattack behind business disruptions

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