Microsoft joins AI cost-cutting trend by relying more on its own models
Microsoft is the latest Silicon Valley giant to cut back on its AI spending.
In Brief
Google’s Pixel event is set for August 12
Google’s upcoming event in August will introduce new Pixel devices.
Figma acquires team behind a vibe-coding app
The Y Combinator-backed company started a vibe-coding platform and later built an agent-creation product.
AI law startup Norm raises $120M, hits unicorn valuation
AI law startup Norm has raised a $120 million Series C round led by Khosla Ventures, valuing the startup at $1.2 billion.
Boeing-owned Wisk Aero accused of firing manager who raised safety concerns
A former software manager claims Wisk rushed software testing ahead of a crucial 2025 flight test.
Melinda Gates’ venture firm backs Magnify Ventures’ $46.6M Fund II
Early-stage firm Magnify Ventures has raised a $46.6 million Fund II from LPs, including Melinda French Gates’ Pivotal Ventures.
Tesla saw a massive sales jump in the second quarter
The company delivered more than 480,000 EVs globally, seemingly thanks to geographic expansion and cheaper versions of the Model 3, Model Y, and Cybertruck.
Chamath Palihapitiya raises $135M Series A for his AI coding startup, takes CEO role
VCs remain thirsty to fund AI coding startups. This one, founded by investor Chamath Palihapitiya, is no exception.