Humanoid robotics maker Sunday reaches $1.15B valuation to build household robots
Humanoid robotics maker Sunday reaches $1.15B valuation to build household robots Robotics company Sunday has raised a new funding round that has valued the company at unicorn status, meaning over $1 billion, it announced on Thursday. Sunday says it has raised $165 million at a $1.15 billion valuation in a Series B round led by Coatue Management. Other investors […]
Meta reportedly considering layoffs that could affect 20% of the company
Meta reportedly considering layoffs that could affect 20% of the company Meta is considering major layoffs that could affect 20% or more of the company’s workforce, according to Reuters. These layoffs could help the Facebook parent company offset its aggressive spending on AI infrastructure, as well as AI-related acquisitions and hiring. Meta employed nearly 79,000 people as of […]
ByteDance reportedly pauses global launch of its Seedance 2.0 video generator
ByteDance reportedly pauses global launch of its Seedance 2.0 video generator ByteDance has paused plans to launch its new AI video model globally, according to a report in The Information. The Chinese company, best known as TikTok’s parent organization (and now a minority shareholder in its U.S. spinoff), launched Seedance 2.0 in China back in February. Brief […]
Vietnam AI Law
Vietnam’s New AI Law Takes Effect, Raising the Bar for Businesses Vietnam has brought its new artificial intelligence law into force, putting in place one of the region’s most comprehensive frameworks for how the technology is used. The Law on Artificial Intelligence came into effect on 1 March 2026. It introduces formal requirements that […]
How AI agents could destroy the economy
How AI agents could destroy the economy On Sunday, an analyst group called Citrini Research published a remarkable piece illustrating how agentic AI could bring on mass economic destruction over the next two years. The scenario imagines a report from two years in the future, in which unemployment has doubled, and the total value of the stock […]
Tesla’s battle with the California Department of Motor Vehicles isn’t over after all
Tesla’s battle with the California Department of Motor Vehicles isn’t over after all Tesla has filed a lawsuit against the California Department of Motor Vehicles in an attempt to overturn an agency ruling. The state DMV ruled that Tesla used deceptive marketing to overstate the automated driving capabilities of its vehicles, thereby violating state law. […]
Nvidia challenger AI chip startup MatX raised $500M
Nvidia challenger AI chip startup MatX raised $500M MatX, a chip startup founded by two former Google hardware engineers, has raised a $500 million Series B led by Jane Street and Situational Awareness, an investment fund formed by former OpenAI researcher Leopold Aschenbrenner. The company’s goal is to make its processors 10 times better at […]
Maybe AI agents can be lawyers after all
Maybe AI agents can be lawyers after all Last month, I wrote about Mercor’s new benchmark measuring AI agents’ capabilities on professional tasks like law and corporate analysis. At the time, the scores were pretty dismal, with every major lab scoring under 25%, so we concluded lawyers were safe from AI displacement, at least for now. But […]
It just got easier for Claude to check in on your WordPress site
It just got easier for Claude to check in on your WordPress site On Thursday, WordPress launched a new Claude connector, enabling site owners to share back-end data with Anthropic’s chatbot system. Users can control what specific data they want to share, and access can also be revoked if and when the user chooses. Notably, […]
Crypto.com places $70M bet on AI.com domain ahead of Super Bowl
Crypto.com places $70M bet on AI.com domain ahead of Super Bowl Just in time to create a new Super Bowl ad, Crypto.com founder Kris Marszalek has made the priciest domain purchase in history, buying AI.com for $70 million, according to the Financial Times. The deal, paid entirely in cryptocurrency to an unknown seller, shatters previous records. […]