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Finance, VC & PE
Where the money meets the ethics: AI funding rounds, VC and PE moves, valuations and market power — tracked daily.
Wall Street traders can soon pay for early looks at Truth Social posts
President Trump’s social media platform announced plans Thursday to sell Wall Street firms early access to its “most market-moving” posts. Trump Media & Technology Group (TMTG), the parent company of Truth Social, said it would launch "Truth API" — a direct data feed that would give investment firms “real-time access to posts from the highest-ranking...
Fed won’t outsource AI decisions to task force helmed by tech titans, chair says
Kevin Warsh defended charges of a “creditability deficit” and lack of worker representation in an AI task force made up of a VC billionaire, a Microsoft exec and a professor/Anthropic researcher. The post Fed won’t outsource AI decisions to task force helmed by tech titans, chair says appeared first on FedScoop .
Texas Democrats Ask for Investigation Into Ken Paxton After Our Reporting Found He May Have Violated Election Law
The post Texas Democrats Ask for Investigation Into Ken Paxton After Our Reporting Found He May Have Violated Election Law appeared first on ProPublica .
Recursive Harness Self-Improvement
Under model--harness co-evolution, harnesses are not merely inference-time scaffolds but data-generating components whose execution traces can shape future foundation models. This motivates harness-in-the-loop learning: optimizing harnesses for both immediate agent performance and the quality of traces used for future model training. However, continually updating provider-built scaffolds is costly and labor-intensive. We therefore investigate whether optimizing user-constructed harnesses in a ta
GOP senator blasts ‘amateurish’ DOGE work, lack of detail on savings
Sen. Thom Tillis, R-N.C., put OMB Director Russell Vought on the spot during a Senate Banking Committee hearing over minimal documentation around DOGE savings claims. The post GOP senator blasts ‘amateurish’ DOGE work, lack of detail on savings appeared first on FedScoop .
NTSB investigators confirm Tesla driver overrode Full Self-Driving system in fatal crash
The National Highway Traffic Safety Administration is also investigating the crash
The Nation’s Largest School System Is Expanding Special Education for Its Youngest Learners
Preschoolers with disabilities in New York City will gain access to an unprecedented set of programs and services thanks to a major expansion in special education announced Tuesday by Mayor Zohran Mamdani and New York City Public Schools Chancellor Kamar Samuels. The nation’s largest school system is investing $67.5 million in special education as families […]
Quoting Thibault Sottiaux
On file deletions. We’ve investigated a handful of reports where GPT-5.6 unexpectedly deleted files. What we have found is that this most commonly occurs when: Full access mode is enabled and codex is run without sandboxing protections, including without auto review being enabled The model attempts to override the $HOME env var to define a temporary directory. The model makes an honest mistake and mistakenly deletes $HOME instead. — Thibault Sottiaux , describing a pretty gnarly Codex bug
Secretary-General’s remarks at the opening ceremony of the World Artificial Intelligence Conference [as delivered]
Hundreds of billions of dollars of private investment flood into artificial intelligence – while many developing countries receive just a trickle. AI risks pushing the world towards even greater ...
The global rich like Peter Thiel are eyeing the exit door. Argentina wants to be a ‘serious contender’ in the migration game
An incoming citizenship-by-investment scheme could turn Argentina into the next backup plan for the ultra-wealthy hedging against risks at home
Grocery sales, United earnings, Anthropic's IPO prep and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
UK investigates TikTok for alleged age-verification lapses, exposing kids to online harms
“Age checks are a cornerstone of the UK’s online safety laws,” said Ofcom’s Chief Executive, Melanie Dawes. “Too many services have no or inadequate age checks in place, which is not good enough.”
Neo Group Nets ₹350 Cr From Peak XV Partners To Strengthen Wealthtech Play
Wealth and asset management startup Neo Group has raised about ₹350 Cr ($36.3 Mn) in a funding round led by…
$100 billion will go to U.S. chip manufacturing in TSMC’s latest pledge
This latest investment seems to bring TSMC’s total pledges for U.S. chipmaking to $265 billion.
$100 billion will go to U.S. chip manufacturing in TSMC’s latest pledge
Major Taiwan computer chipmaker TSMC said Thursday it plans to spend another $100 billion on expanding its manufacturing capacity in the United States . The latest commitment appears to bring the company’s total pledges for investment in U.S. chipmaking to $265 billion. It also raised its annual revenue forecast after booking record high profits thanks to runaway demand from the boom in artificial intelligence . The world’s largest contract chip manufacturing and one of the world’s most valuable
$100 billion will go to U.S. chip manufacturing in TSMC’s latest pledge
This latest investment seems to bring TSMC’s total pledges for U.S. chipmaking to $265 billion.
$100 billion will go to U.S. chip manufacturing in TSMC’s latest pledge
This latest investment seems to bring TSMC’s total pledges for U.S. chipmaking to $265 billion.
$100 billion will go to U.S. chip manufacturing in TSMC’s latest pledge
This latest investment seems to bring TSMC’s total pledges for U.S. chipmaking to $265 billion.
$100 billion will go to U.S. chip manufacturing in TSMC’s latest pledge
This latest investment seems to bring TSMC’s total pledges for U.S. chipmaking to $265 billion.
$100 billion will go to U.S. chip manufacturing in TSMC’s latest pledge
This latest investment seems to bring TSMC’s total pledges for U.S. chipmaking to $265 billion.
Identifying the Crypto Entrepreneur Linked to Popular Forum Trading in ‘Leaked’ Nudes of Women
This investigation is a collaboration between Bellingcat and New Zealand news site The Press. You can read The Press’ piece here. Content warning: This article discusses non-consensual sexually explicit content and child sexual abuse material. In 2024, a former track and field coach in Boston, Massachusetts, was sentenced to five years in jail for attempting […] The post Identifying the Crypto Entrepreneur Linked to Popular Forum Trading in ‘Leaked’ Nudes of Women appeared first on bellingcat .
Energy IPOs surge as investors hunt for ways to play AI boom
Companies coming to market are raising money at fastest pace this century.
Harvard cancer researchers earn retraction for image duplication
A group of researchers at Brigham and Women’s Hospital and Harvard Medical School in Boston have lost a paper for image duplication following an investigation by the two institutions. The paper, published in September 2019 in the Journal of Experimental Medicine, described a treatment for tumors caused by a disorder called tuberous sclerosis complex. Several … Continue reading Harvard cancer researchers earn retraction for image duplication
Jim Cramer: Here's my rule for protecting profits after parabolic stock rallies
CNBC’s Jim Cramer said investors should take profits after parabolic rallies rather than risk a painful unwind.
How a former DeepMind researcher raised at a $300M pre-seed valuation before launching a product
Drawing on more than a decade spent helping build some of the world's most influential AI systems, including research that later informed the development of ChatGPT, Andrew Dai explains why he believes visual AI is one of the next major frontiers in artificial intelligence.
Truth Social will sell investors faster access to Trump’s market-moving posts
President Donald Trump’s social network Truth Social announced on Thursday that it will start selling investors quicker access to posts from prominent accounts, opening an unprecedented new way the ...
3 of our stocks rode the AI rally, while 3 others fell out of favor since last month
Ahead of the CNBC Investing Club's July Monthly Meeting, here's a look at what moved our three top and bottom performers since our last meeting.
Ofcom, the UK's communications regulator, is investigating TikTok's child safety measures
The regulator is assessing whether the platform is doing enough to protect children from harmful content.
Taiwan chipmaker planning to spend another $100B on US manufacturing expansion
Taiwan Semiconductor Manufacturing Company (TSMC) plans to spend another $100 billion in the U.S. to build more chip facilities, the company announced Thursday. The chipmaker's investment will be directed toward constructing several more semiconductor and advanced packaging fabrication plants in Arizona "to support the strong multiyear demand from our leading U.S. customers," TSMC CEO C.C....
Wema Bank Strengthens Fintech Ecosystem Through Strategic Partner Engagement
As part of its commitment to advancing Nigeria’s digital financial...
Mutual Funds Raise Meesho Bets As Early Foreign Investors Trim Stakes
Domestic institutional investors increased their exposure to Meesho in the first quarter of FY27, offsetting stake sales by several early…
logcat.ai Bags $2.5 Mn To Build AI Platform For Android, Linux Engineering
Enterprise AI startup logcat.ai has raised $2.5 Mn (about ₹24 Cr) in a pre-seed funding round led by US-based seed…
Jio Financial Services Q1: Profit Surges 2.6X YoY To ₹830 Cr
Fintech company Jio Financial Services’ (JFS) net profit zoomed 2.6X to ₹830.3 Cr in the first quarter (Q1) of FY27…
TikTok facing UK investigation amid fears over age checks and harm to children
Ofcom concerned TikTok’s age verification is ineffective, leaving some exposed to posts on suicide, self-harm and pornography TikTok is under formal investigation over concerns it has failed to protect children from harmful content, the UK’s online regulator, Ofcom, has announced. The social media platform’s approach to checking the ages of users has sparked “particular concerns” at the watchdog, almost a year after measures to protect children from the worst of online content came into effect u
Nvidia-backed Fireworks hits $17.5 billion valuation as companies pursue cheaper AI models
Fireworks once relied heavily on revenue from coding startup Cursor, but has diversified in the past year as more companies reach for lower-cost AI models.
Exclusive: Marc Lore says Wonder is gearing up for an IPO after raising $650 million at a $9 billion valuation
Wonder, which owns Grubhub and Blue Apron, is betting robotics, AI, and a nationwide expansion can reshape restaurant delivery before going public.
Authoring Narrative Visualization in Motion: Visual Storytelling in Swimming Videos
We investigate how to support authoring narrative visualizations in motion in sports videos, drawing on automated data preparation, systematic analysis, technology probe design, and evaluation, using swimming races as a case study. Sports videos are widely broadcast and shared across social media, where content creators increasingly seek to present and explain complex events to general audiences. Visualization in motion has been explored as an efficient way to embed data into videos and to move
Harvey Buys Benchmark Asset Management Startup
Harvey has announced its acquisition of New York-based Benchmark, a decision infrastructure platform for asset management. Benchmark helps investors make better decisions by capturing their ...
Aina Raises $5.5 Mn From Info Edge, Others To Build AI Hardware Interface
AI hardware interface startup Aina has emerged from stealth with a $5.5 Mn (about ₹53 Cr) seed funding round co-led…
CXMT’s mega IPO draws frenzy from retail investors to DeepSeek founder’s fund
As soon as ChangXin Memory Technologies opened its blockbuster initial public offering to public subscription on Thursday morning, Luo Yi applied for 86,000 shares – despite acknowledging that she knew little about the semiconductor industry. The 60-year-old stock investor from southwestern Sichuan province was encouraged by her securities account manager, who told her that CXMT’s unusually large share sale could produce a higher allotment rate than most Chinese mainland IPOs. Luo’s application.