Sources: SpaceX is considering a potential merger with Tesla, an idea some investors are pushing, while separately exploring a tie-up between SpaceX and xAI
SpaceX is considering a potential merger with Tesla Inc., as well as an alternative combination with artificial intelligence firm xAI …
Source: SpaceX and xAI are in talks to merge ahead of a planned IPO this year; under the proposed deal, shares of xAI would be exchanged for shares in SpaceX
Elon Musk's SpaceX and xAI are in discussions to merge ahead of a blockbuster public offering planned for later this year.
Figma's stock closes up 250% at $115.50, after Figma sold shares at $33 in its IPO, hitting a ~$68B valuation; Adobe's $20B Figma acquisition fell apart in 2023
Figma's stock more than tripled in its New York Stock Exchange debut on Thursday, a day after the design software company sold shares at $33 in its IPO.
Deel sues Rippling for alleged defamation, libel, and deceptive trade practices, says Rippling placed an insider within Deel, is not tax compliant, and more
The legal battle between HR software unicorns Deel and Rippling escalated on Friday, with Deel suing Rippling for alleged defamation, libel, and deceptive trade practices.
a16z, which owns ~20% of Deel, a stake worth $2.5B+, is advising Deel in fighting Rippling, whose CEO Parker Conrad said a16z pushed him out of Zenefits in 2016
Venture capital firm Andreessen Horowitz has landed in the middle of a nasty Silicon Valley spy scandal between …
xAI raised a $6B Series C from a16z, BlackRock, Fidelity, Kingdom Holdings, Sequoia, Nvidia, and others, at a reported valuation of at least $40B
Elon Musk's xAI announced Monday it raised $6 billion in a Series C funding round, putting the company's value at more than $40 billion …
Eric Schmidt says he “misspoke” when he said Google was losing the AI race because the company decided that “working from home was more important than winning”
Ex-Google CEO had said the tech company's work-life balance was ‘more important than winning’
Figma disables its recently launched generative AI app design tool Make Design, after a user showed it copied Apple's Weather when asked to design a weather app
The design tool Figma has disabled a newly launched AI-powered app design tool … Nehal Malik / iPhone in Canada Blog : AI Design Tool Axes Feature that Cloned Apple's Weather App J...
Responding to criticism, Figma CTO Kris Rasmussen says Make Design is “powered by off-the-shelf models and a bespoke design system that we commissioned”
Figma says it didn't train the generative AI models it used and blames a ‘bespoke design system.’
An interview with Airbnb CEO Brian Chesky on affordable prices, reliability, proper customer support, using AI for quality control, a loyalty program, and more
“We never fully built the foundation,” Brian Chesky says in a revelatory interview. “It had four pillars when we needed to have 10.”
NYC-based newsletter platform beehiiv raised a $12.5M Series A led by Lightspeed and says the service has 7,500 active newsletters with 350M monthly impressions
Ingrid Lunden / TechCrunch :
Alphabet plans to wind down Google Domains and sell its assets, including ~10M domains, to Squarespace in Q3 2023, a source says for ~$180M; SQSP jumps 9%+
Alphabet Inc. is winding down its Google Domains business and selling its assets to Squarespace Inc., according to a statement Thursday.
Stripe debuts a customizable fiat-to-crypto payments widget for Web3 devs to directly embed into their apps; Stripe to handle KYC checks, fraud, and compliance
Payments processing company Stripe on Thursday announced a so-called “fiat-to-crypto on-ramp” to make payments easier for Web3 companies.
OpenAI releases a demo of ChatGPT, a chatbot version of GPT-3 that answers follow-up questions, admits its mistakes, challenges incorrect premises, and more
A chatbot version of GPT-3 that admits its mistakes is more transparent than the original. But it's still not perfect.
Despite genuine concerns, generative AI seems unlikely to replace workers, instead complementing and empowering them by taking over mundane, repetitive tasks
and how this shows that humans won't be replaced. A co-authored blog post by @tszzl and me! https://noahpinion.substack.com/ ... Paul Graham / @paulg : For me one of the biggest su...
The US CFPB orders online payday lender LendUp to shutter lending operations after finding it repeatedly lied to and illegally cheated its customers
it has been a long time coming. In other news, anyone looking to buy my shares of LendUp? Rohit Chopra / @chopracfpb : We will be working to provide redress to borrowers cheated by...