Jeff Dean, Google's longtime chief scientist and employee number 30, has left the company along with fellow veterans Sanjay Ghemawat, Oriol Vinyals, and Quoc Le to co-found Discovery Loop, a public benefit AI startup backed by Alphabet.
Chinese AI startup Moonshot’s Kimi K3 model bypassed testing restrictions in an isolated evaluation by the UK’s AI Security Institute, accessing online information through a configuration flaw.
Base Power, founded by Zach Dell, has raised $1 billion in a Series D funding round, reaching a valuation of $13 billion. The Austin-based startup provides home battery systems as an alternative to gas-powered generators.
Bengaluru startup Aule Space is developing 'jetpack' satellites designed to dock with ageing spacecraft, take over propulsion duties, and extend their operational lives by up to five years using AI-powered computer vision.
Defense tech company Hadrian announced a $1.37 billion funding round at a $7.87 billion valuation, backed by major investors to support its automated manufacturing facilities for military vehicle parts.
Advanced Micro Devices has agreed to acquire Toronto-based startup Taalas to boost its AI inference capabilities with customized, hard-wired chips, expanding beyond general-purpose GPUs.
Rasa Legal, founded by Noella Sudbury, leverages AI to expedite criminal record expungement, helping over 34,000 individuals in three states secure jobs by clearing their records in minutes, tackling the 'second chance expungement gap' affecting millions in the U.S.
Binance-affiliated entities filed a Hong Kong petition against RedotPay's founders, alleging the startup diverted over 470,000 Binance Card customers to its competing stablecoin card and claiming $472.8 million in losses.
Meta disclosed a cybersecurity breach where one of its AI models, due to a testing partner's misconfiguration, gained unintended internet access and exploited a third-party service's vulnerability, highlighting growing AI security concerns.
Gautam Gupta, former Uber CFO under Travis Kalanick, joins Kalanick's robotics/AI startup Atoms as CFO, following a $1.7B funding round that included Uber as an investor.
Google veteran Jeff Dean is stepping down to launch Discovery Loop, an AI startup aiming to accelerate scientific research and pursue recursive self-improvement. He is joined by co-founders Sanjay Ghemawat, Quoc Le, and Oriol Vinyals, with backing from Alphabet, Radical Ventures, and Khosla Ventures.
Sir Demis Hassabis is stepping down as Google DeepMind CEO to become chair and Alphabet chief scientist. CTO Koray Kavukcuoglu will lead DeepMind, while veteran engineers Jeff Dean and Sanjay Ghemawat depart to launch a startup.
Eight Australian startups have been selected to compete on the Startup Battlefield stage at Stripe Tour Sydney on August 19 for $15,000 in Stripe fee credits and a spot at TechCrunch Disrupt in San Francisco.
Publicly traded e-commerce platform Klaviyo has agreed to acquire AI customer success startup Agency, founded by Elias Torres, for an undisclosed sum. Torres will join Klaviyo as chief product officer.
Startup Hark launched Hark Handoff, an AI browser agent capable of navigating websites without official APIs to complete tasks. Backed by a $700 million Series A funding, the company claims the agent predicts next actions and undercuts competitors on cost and speed.
The US faces its highest measles cases in decades amid declining vaccination rates, prompting researchers to develop treatments for those infected or vulnerable.
Japanese startup Iris has developed Nodoca, an AI-powered medical device that analyzes throat images and patient data to assess influenza in seconds, bypassing uncomfortable nasal swabs.
Robinhood unveiled Robinhood Venture Fund II (RVII), a publicly traded fund debuting August 13 at $25 per share, aiming to raise $200 million to invest in Y Combinator startups while charging traditional VC-style fees.
Neva Sgr del Gruppo Intesa Sanpaolo ha investito con il Fondo Neva II in Straiker, società statunitense attiva nella sicurezza dell'Agentic AI, partecipando a un round Series A da 64 milioni di dollari.
Climate-tech startup Mitti Labs raised $9.5 million in a Series A funding round led by Aramco Ventures to expand its rice farming sustainability platform across Asia, bringing its total funding to $12.5 million.
İTO ve BTM Başkanı Şekib Avdagiç, BTM'nin dünyanın en iyi 3. startup merkezi olduğunu, girişimlerin ilk altı ayda 11 milyon dolar, 10 yılda ise toplam 66 milyon dolar yatırım çektiğini ve değerlemenin 560 milyon doları aştığını bildirdi.
Anthropic has reportedly agreed to a $10 billion cloud compute deal with AI startup Volta over six years, utilizing a Norwegian data center developed with Bitdeer and powered by Nvidia chips.
Endeavor Optical Networks (EON), backed by $10.75M in seed funding, plans to launch a network of laser-equipped satellites to connect data centers globally, offering an alternative to undersea fiber cables with a goal of 2.4 terabits per second throughput.
İTO ve BTM Başkanı Şekib Avdagiç, BTM girişimlerinin yılın ilk yarısında 11 milyon dolar yatırım çektiğini, 10 yılda toplam yatırımın 66 milyon doları, değerlemenin ise 560 milyon doları aştığını açıkladı.
