As crypto cools, a16z crypto raises a $2.2B fund
As some of the biggest VCs in crypto start to consider funding AI startups, a16zcrypto's new fund will stay the course.

As some of the biggest VCs in crypto start to consider funding AI startups, a16zcrypto's new fund will stay the course.

The reading tracker StoryGraph has partnered with Rakuten’s Kobo e-reader, allowing automatic syncing of reading progress and challenging Amazon's long-standing dominance in the digital books market. This integration aims to provide a robust alternative to Goodreads by connecting directly with e-reading devices.

Chamath Palihapitiya's AI coding startup, 8090 Labs, secured $135 million in Series A funding led by Salesforce Ventures. Palihapitiya also announced he will serve as CEO, returning to a full-time operating role, comparing the AI boom to early Facebook days.

QuEra announced its quantum computer roadmap, promising a 10,000-qubit system for Amazon by 2028, capable of 256 error-corrected logical qubits, followed by an even more powerful machine in 2029. The company plans to skip intermediate hardware, focusing on dramatically reducing hardware error rates, a challenge that raises questions about the rapid timeline.

Cursor has launched Cursor Mobile, an app enabling users to prompt coding agents directly from their phones, building on its Cursor 2.0 shift towards independent agents. This move follows similar offerings from Anthropic and OpenAI, reflecting a broader industry trend towards mobile-first AI coding workflows.

Google's Gemini app now offers its Nano Banana-powered personalized image generation feature for free to all eligible users in the U.S., previously exclusive to subscribers. The AI utilizes Google account data (Gmail, Photos, YouTube, Search) to create images reflecting user interests without explicit prompts.

Omen AI, a startup founded by Zach Laberge, secured $31 million in Series A funding led by Nava Ventures to expand its real-time fluid monitoring technology for liquid-cooled data centers. The solution aims to prevent costly bacterial outbreaks and downtime in AI compute infrastructure.