India’s Ringg gets backing from Peak XV as it pushes voice AI past the phone call
Ringg has raised $10 million from Peak XV as a part of its Series A extension.
Robotics startup Generalist reaches $3B valuation, sources say
The $200 million extension comes just months after the physical AI startup reached a $2 billion valuation.
OpenAI loses a top data center exec, as stream of high-profile departures continues
Before Malone left, OpenAI had already reshuffled its infrastructure org, shifting his reporting line away from President Greg Brockman and putting Vice President Sachin Katti in charge of the group.
AI gold rush draws crypto firms away from Bitcoin
The price of Bitcoin has risen in August but is still far below its peak almost a year ago – and companies are refitting their mines.
Firms scramble for battery power in Spain and Portugal
After last year’s massive power failure Spanish and Portuguese firms are buying battery back ups.
Instagram Chief Says ‘No Silver Bullets’ for Teen Safety in Bellwether Trial
Adam Mosseri testified in a case brought by states that claim the Meta-owned app created addictive features to hook young users.
SpaceX to Spend $100 Billion on Spaceport in Louisiana
It would be the rocket company’s second private launch site after Starbase, its headquarters in South Texas.
X sends cease-and-desist to open source project Nitter over alleged scraping
X has sent cease-and-desist letters to Nitter, the open source project behind privacy-friendly X front ends, demanding its instances and code repository be taken down over alleged scraping.
Tech Life
The government agency that’s encouraging high-risk and high-reward research.
Instagram’s ‘First Draft’ feature aims to make editing Reels less tedious
Instagram says the process can produce a first pass in under 10 seconds, potentially saving creators significant editing time while making video creation more approachable for people who don’t have much experience with e…