As Cognition reaches $492 million in annualized revenue run rate, it more than doubled its valuation in eight months, it says.
CrowdStrike and Google take down botnet used by hackers to target open source software developers
Cybercriminals used the Glassworm botnet to infect open source software projects with malware, and in turn hack the developers and companies that use that software.
With a new $100M raise, Princeton’s Thea Energy is now a top-funded fusion startup
Thea Energy’s pixel-inspired magnets could give its power plant plans a boost. The fusion startup hopes to get a commercial reactor working by 2034.
Meta launches Instagram, Facebook, and WhatsApp subscriptions, with more to come, including AI plans
Meta is rolling out paid subscription plans for Instagram, Facebook, and WhatsApp worldwide, while also testing new AI, creator, and business-focused offerings under its broader “Meta One” subscription brand.
UK Visa Portal exposed thousands of applicants’ passports and selfies — then called the lawyers on us
The third-party website exposed passports, selfies, and the location data of applicants who submitted their documents as part of the U.K. visa application process. Instead of fixing the issue, the website sent attorneys.
Payroll startup Remote says it grew revenue 50% per employee without adding headcount
Payroll service provider Remote recently surpassed $300 million in annual recurring revenue (ARR) and became cash-flow positive, thanks to a 50% increase in revenue per employee resulting from AI adoption.
In more good news for Amazon, Snowflake signs $6B deal with AWS for AI CPU chips
Snowflake has signed a new, enormous five-year deal with Amazon to secure chips for AI usage. Nvidia is once again being put on notice.
Triomics nabs $22M to bring oncology-specific AI to cancer centers
The Series B round was led by Battery Ventures.
Rivian will deliver the first R2 SUVs on June 9
The company has finally set a date for the first customer deliveries of what CEO RJ Scaringe has said is “maybe the most important thing we’ve launched to date.”
Why Google’s AI can’t spell Google (or anything else)
Google is embarrassing itself, again.