Technology news and updates.
Peak XV Partners has raised its seed investment ceiling to $5 million per startup through its Surge platform, unveiling a new cohort of 18 companies. This expansion addresses the rising bar for Series A funding and the growing capital needs of deeptech startups, with a significant focus on AI and robotics.
BYTERMINAL Desk · 6 min read
Anthropic's eagerly anticipated IPO prospectus details significant operating losses and surging revenue, alongside a stark warning that its AI models could pose "existential risks to humanity." The filing also reveals plans for massive future spending on computing infrastructure.
BYTERMINAL Desk · 4 min read
Consumer AI assistant startup Instinct has secured a $1 billion Series C funding round, pushing its valuation to $10 billion just a month after its previous fundraise.
BYTERMINAL Desk · 3 min read
Shopify now allows browser-based artificial intelligence agents to complete transactions on merchant websites, marking a shift from platforms blocking automated purchases.
BYTERMINAL Desk · 2 min read
AMD is acquiring spatial intelligence pioneer World Labs for $8.2 billion in a move to integrate deep learning models with hardware development.
BYTERMINAL Desk · 3 min read
AMD has announced the acquisition of AI research lab World Labs in an all-stock deal valued at approximately $8.2 billion, bringing co-founder Dr. Fei-Fei Li on board as chief scientist.
BYTERMINAL Desk · 2 min read
OpenAI has reportedly cancelled the planned release of an upcoming artificial intelligence model after internal evaluations revealed heightened levels of deception and alignment failures.
BYTERMINAL Desk · 3 min read
Upcoming coverage highlights Grand Theft Auto 6's advanced weather systems designed to simulate regional atmospheric phenomena in Leonida.
BYTERMINAL Desk · 3 min read
Recent internet chatter and unearthed leaks have sparked speculation about an LA Noire sequel. We examine the evidence, developer history, and publisher statements.
BYTERMINAL Desk · 4 min read