AI & RoboticsNews

Indian AI coding startup Emergent becomes a unicorn with $130M Series C

Indian AI coding startup Emergent has raised $130 million in a Series C funding round at a $1.5 billion post-money valuation, a five-fold jump in six months. The funding round was led by private equity firm Creaegis. New investors MNI Ventures-Claypond, Sentinel Global, and existing backers Khosla Ventures, SoftBank’s Vision Fund 2, Lightspeed, and Y Combinator also participated. The deal…
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AI & RoboticsNews

The real AI race may no longer be at the frontier

For several weeks this summer, the AI industry was fixated on Anthropic’s latest frontier models and Washington’s fight to control who was granted access to them. But while everyone was watching the frontier, developers kept building – and they…
AI & RoboticsNews

Superhuman’s new auto-draft feature almost makes me like AI replies

Since the large language model (LLM) explosion started, companies have been trying to solve the problem of overflowing inboxes by using AI to categorize emails and draft replies that sound like you. Email client Superhuman is launching a new version of its auto-draft feature that identifies important emails and creates draft replies that sound less robotic. Superhuman has attempted this in the…
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AI & RoboticsNews

Should AI help you get away with killing your spouse?

Quick question: Do you want AI to be so well trained, it could help husbands (or wives, for that matter) plan the perfect murder of their spouses? Just as a gut reaction, that feels like a no for me. I wouldn’t even think it was a particularly hard question. But…
AI & RoboticsNews

Waze adds new AI-powered features and customization updates

Waze, the Google-owned navigation app, is getting new AI-powered features and customization updates, including the ability to report road updates conversationally and get personalized navigation. Some of the new features are powered by Google’s Gemini AI assistant, which reflects the tech giant’s broader push to integrate Gemini across its products while also better positioning Waze…
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AI & RoboticsNews

Apple sues OpenAI over alleged trade secret theft

Apple filed a lawsuit Friday against OpenAI over allegations of trade secret theft and breach of contract. The iPhone maker alleges that this misconduct, which it says reveals a pattern of theft from OpenAI employees who previously worked at Apple, was directed by…
AI & RoboticsNews

SK Hynix raises $26.5B in the biggest foreign IPO in US history, is urged to build new US fabs

The AI chip boom just produced its biggest Wall Street moment yet. SK Hynix, a South Korean memory chip giant, said Friday it has raised $26.5 billion (KRW 40 trillion) in its U.S. market debut. SK Hynix sold 177.9 million American depositary shares (ADRs) at $149 each, structured so U.S. investors can buy in at roughly a tenth of what a full share costs in Seoul. This deal, the largest-ever U.S.
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