Rillet, a startup that rebuilds corporate accounting around AI, has raised $100mn at a $1bn valuation, making it the latest AI unicorn. ICONIQ led the Series C, the company told Fortune in an exclusive. Nick Lichtenberg reported the deal. It is Rillet’…
‘Lanterns’ may be about Green Lantern, but even in episode 1, there is a direct connection to Gotham City and potentially Batman.
Einride is buying 500 Tesla Semis, and Amazon quietly owns a slice of the company that will run them. The Swedish electric-trucking firm said on Tuesday it will deploy the 500 electric big rigs for Amazon and other customers. It called the order the la…
Pew found that 55% of Americans under 30 are now more concerned than excited about AI, the first majority since it began asking in 2021, with 73% expecting fewer jobs. A European Commission survey found displacement fears highest among younger, lower-i…
OpenAI grew more slowly than Anthropic last quarter, and for the first time its rival’s sales came in higher. OpenAI told investors its revenue rose 18 percent from the first quarter to the second, to $6.7bn, The Wall Street Journal reported. Its losse…
Bangalore-based Murf AI is releasing its Falcon 2 voice model on 20 August at $0.01 per generated minute, a fifth of what ElevenLabs charges. The company says it scores above some OpenAI models on the independent Artificial Analysis leaderboard. A Bang…
War is changing fast, and Ukraine is rapidly adapting existing weapons to new and unexpected used. This flexibility may be essential in future wars.
Anthropic is preparing to give its founders shares with extra voting power before it goes public, according to The Information. The company is setting up the structure ahead of an initial public offering that could rank among the largest ever, Cory Wei…
Exelon Foundation’s 2c2i bets small equity checks can rival a corporate VC arm on climate impact. See how Buckstop and Public Grid are testing that model.
Exelon Foundation’s 2c2i bets small equity checks can rival a corporate VC arm on climate impact. See how Buckstop and Public Grid are testing that model.