Peter Thiel’s Founders Fund is nearing the close of its fourth growth fund, Founders Fund Growth IV, with $6 billion in capital commitments, per sources close to the firm. As with most of the firm’s fundraises, demand from outside investors exceeds the fund’s capacity, according to those sources. Additionally, about $1.5 billion of the capital … Read more
The email from Limp did not provide details about the new plan, other than saying, “As Blue achieves its goals and increase in value your equity will grow alongside it.” To compete with SpaceX, Blue must continue to grow. The exact numbers that SpaceX will target with its IPO have not been set, but the … Read more
The Federal Aviation Administration approved eight pilot programs that will allow a handful of companies, including Archer Aviation, Beta Technologies, Joby Aviation, and Wisk to start widespread electric aircraft testing as early as this summer. The three-year program, which will span 26 states, is designed to ensure U.S. companies lead the way in next-gen aircraft … Read more
The rumored “HomePod with a screen” we’ve heard so much about was reportedly lined up for launch in 2025, and then this spring, and now, according to the latest updates, it’s on the shelf until this fall. Leaker Kosutami posted as much on X last week, and today, Bloomberg reporter Mark Gurman followed up with … Read more
Chaos reigned at airports across the country last weekend, with thousands of travelers reportedly waiting in hours-long security lines thanks to staffing shortages. Transportation Security Administration (TSA) and Coast Guard workers have turned to food banks for assistance after weeks without pay. But amid a partial government shutdown aimed at curtailing the Department of Homeland … Read more
Kalshi is facing backlash from its own users after a class action lawsuit was filed last week alleging it failed to pay out as promised for wagers regarding when Iranian Supreme Leader Ayatollah Ali Khamenei would leave or be removed from office. Khamenei was killed in strikes on Iran last month, but according to the … Read more
More than 30 OpenAI and Google DeepMind employees filed a statement Monday supporting Anthropic’s lawsuit against the U.S. Defense Department after the federal agency labeled the AI firm a supply chain risk, according to court filings. “The government’s designation of Anthropic as a supply chain risk was an improper and arbitrary use of power that … Read more
On Monday, Anthropic filed its lawsuit against the Department of Defense over being designated as a supply chain risk. Hours later, nearly 40 employees from OpenAI and Google — including Jeff Dean, Google’s chief scientist and Gemini lead — filed an amicus brief in support of Anthropic’s lawsuit, detailing their concerns over the Trump administration’s … Read more
“Master of the Universe,” my demo song showing some of what the Quad Cortex mini can do. Captured When it comes to recording, you don’t have to worry about wiring this thing up to your audio interface; just connect it to your computer with a USB-C cable, and it becomes a 24-bit, 48 KHz interface. … Read more
Jay Graber became the first CEO of Bluesky in 2021 when the network and its AT Protocol spun out from life as a Twitter research project to go independent, but now she’s leaving that role, as reported previously by Wired. While venture capitalist and former Automattic CEO Toni Schneider steps in as interim CEO until … Read more