Sources: XAI Holdings, the newly combined entity housing xAI and X, is in talks to raise roughly $20B, or possibly more, valuing the company at more than $120B (Bloomberg) April 26, 2025 by appcompact
Interpretability, or understanding how AI models work, can help mitigate many AI risks, such as misalignment and misuse, that stem from AI systems' opacity (Dario Amodei) April 26, 2025 by appcompact
Reducto, which helps companies convert complex documents into inputs for LLMs, raised a $24.5M Series A led by Benchmark, following a $8.4M seed in October 2024 (Allie Garfinkle/Fortune) April 26, 2025 by appcompact
Google says it will end support for 1st- and 2nd-gen Nest thermostats on October 25, and won't launch new models in Europe due to its "unique" heating systems (Chris Welch/The Verge) April 25, 2025 by appcompact
Leaked letter: interim DC attorney Ed Martin accused Wikipedia of allowing foreign manipulation and propaganda, threatening its tax-exempt status (Gabe Kaminsky/The Free Press) April 25, 2025 by appcompact
Sources: Butterfly Effect, the Chinese startup behind Manus, has discussed setting up a new HQ outside China, and separating its domestic and global businesses (Juro Osawa/The Information) April 25, 2025 by appcompact
Deel sues Rippling for alleged defamation, libel, and deceptive trade practices, says Rippling placed an insider within Deel, is not tax compliant, and more (Dan Primack/Axios) April 25, 2025 by appcompact
Sources: Chinese AI startup Manus raised $75M led by Benchmark at a $500M valuation, and plans to expand to markets including the US, Japan, and the Middle East (Bloomberg) April 25, 2025 by appcompact
Sources: Microsoft plans to increase the use of third-party firms for selling software to SMBs; in-house sellers will get more training and focus on AI products (Brody Ford/Bloomberg) April 25, 2025 by appcompact
Deliveroo, which listed in London with a £7.6B valuation in 2021, says it received a buyout proposal from DoorDash that would value the company at £2.7B (Financial Times) April 25, 2025 by appcompact