$25B-valued Chime files for an IPO, reveals $33M deal with Dallas Mavericks
At long last, digital consumer bank Chime has moved forward with its IPO by filing its S-1 paperwork Tuesday. Chime had reportedly filed confidential S-1 paperwork back in December. S-1 filings typically reveal all kinds of information, covering financial, legal, and other risk factors. But Chime’s S-1 documents still have
Read morexAI’s promised safety report is MIA
Elon Musk’s AI company, xAI, has missed a self-imposed deadline to publish a finalized AI safety framework, as noted by watchdog group The Midas Project. xAI isn’t exactly known for its strong commitments to AI safety as it’s commonly understood. A recent report found that the company’s AI chatbot, Grok, would
Read moreNew York-focused VC Work-Bench has raised a fresh $160M
Work-Bench, whose portfolio includes unicorns Spring Health and Socure, just raised a $160 million Fund IV to quadruple down on backing companies in New York City. The firm announced the raise in a blog post on Monday, saying the latest fund will support seed-stage founders building enterprise software. Checks will
Read moreNFT phenom CryptoPunks was just sold to a nonprofit
Yuga Labs, known as the creator of Bored Ape Yacht Club and other notable NFTs, sold its iconic CryptoPunks to the nonprofit NODE Foundation, which focuses on preserving digital art. The deal details are undisclosed, and a representative declined to comment. Back in April, NODE announced it received a $25
Read moreAnthropic, Google score win by nabbing OpenAI-backed Harvey as a user
Popular legal AI tool Harvey will now be using leading foundation models from Anthropic and Google, moving beyond strictly using OpenAI’s, Harvey announced in a blog post on Tuesday. This is noteworthy because Harvey is one of the OpenAI Startup Fund’s most successful early-backed portfolio companies. The OpenAI Startup Fund
Read moreSeven things we learned from WhatsApp vs. NSO Group spyware lawsuit
The landmark trial between WhatsApp and NSO Group unearthed several new revelations. We recap some of them here.
Read moreAlternative exp and log notation
The other day I stumbled on an article [1] that advocated writing ab as a↑b and loga(b) as a↓b. This is a special case of Knuth’s up arrow and down arrow notation. Knuth introduces his arrows with the intention of repeating them to represent hyperexponentiation and iterated logarithms. But the emphasis in
Read moreAirbnb expands into services and experiences, plans more social and AI features
As part of a broader app update, Airbnb on Tuesday introduced a new feature that allows travelers to book services and experiences, like getting a massage, haircut, or chef-prepared meal, or taking part in some activity. These new offerings can be added to your stay, but they can also be
Read moreTencent hires WizardLM team, a Microsoft AI group with an odd history
WizardLM, a Beijing-based Microsoft AI research group, appears to have joined Tencent, the Chinese company that owns WeChat and blockbuster games like PUBG Mobile. In a post on X on Tuesday, Can Xu, a senior AI researcher who led a number of projects within WizardLM, said that he and the
Read moreTikTok launches TikTok AI Alive, a new image-to-video tool
TikTok is launching its first image-to-video AI feature, the company announced on Tuesday. The new feature is called “TikTok AI Alive” and allows users to turn static photos into videos within TikTok Stories. The feature is only accessible via TikTok’s Story Camera and uses AI to create short-form videos with
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