Applied Computing wants to give oil and gas operators an AI model for the entire plant

Applied Computing has raised a $20M Series A to build a foundation AI model for the oil, gas and petrochemical industry.

Lululemon backs nylon-recycling startup Syntetica in $30M Series A

Syntetica, a French startup that has developed a novel approach to recycling nylon, has already obtained big-name partners and investors.

Inside Ode with Anthropic, the startup betting AI services are the future of enterprise

Can a handful of engineers really do the work of an army of consultants? That’s the bet behind Ode with Anthropic — the joint venture dedicated…

Why Greylock capped its new fund at $1.5B when it says it could have raised more

By keeping the number of investments to about 25 per fund, Greylock aims to remain what it calls “the most important partner” to its founders.

SpaceX falls to $135 IPO price ahead of Starship launch

The stock has steadily fallen from the euphoric post-IPO high, showing that markets may be sobering up to the promises CEO Elon Musk made before and a…

Thinking Machines amps up its bet against one-size-fits-all AI with its first open model, Inkling

It’s the company’s first public proof point after a year and a half spent building AI infrastructure largely out of public view.

Stripe and Advent reportedly offered to buy PayPal for around $53.4B

If completed, the acquisition would unite two of the biggest names in digital payments.

Apple Intelligence approved for launch in China with Alibaba’s Qwen AI

The deal, which was rumored to be in the works last year, marks an important step for Apple’s AI ambitions in a key market.

Microsoft is reportedly training salespeople to talk down OpenAI and Anthropic

Microsoft is looking to sell its in-house AI models as more efficient and cost-effective than its competitors’ models.

Tesla driver in fatal Texas crash pressed accelerator 100%, NTSB confirms

The safety board confirmed Tesla’s account of the crash, which the company shared days after it happened last month.

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