Uzbekistan’s Uzum valuation leaps over 50% in seven months to $2.3B
Uzum now reaches 20 million users and processes $11B in payments as it expands its e-commerce and fintech ecosystem across Uzbekistan.
Tech
Yann LeCun’s AMI Labs raises $1.03 billion to build world models
AMI Labs, the new venture cofounded by Turing Prize winner Yann LeCun after he left Meta, has raised $1.03 billion at a $3.5 billion pre-money valuation.
An iPhone-hacking toolkit used by Russian spies likely came from U.S military contractor
Google found a series of hacking tools they said were used by a Russian espionage group and a cybercriminal group in China. Sources from a U.S. government defense contractor said some of those hacking tools were theirs.
Electric air taxi maker Archer hits back at Joby in countersuit alleging concealed Chinese ties
Archer’s countersuit comes four months after Joby sued its rival for alleged ‘corporate espionage.’
Founders Fund nears $6B close for latest growth fund, sources say
The fresh fundraise comes less than a year after Founders Fund closed its third growth fund, a $4.6 billion vehicle intended primarily for follow-on investments in its successful late-stage companies.
Electric air taxis are about to take flight in 26 states
The federal government has selected eight proposals to test electric aircraft across 26 states.
Apple smart home display rumors now point to a fall launch with iOS 27
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 […]
The government shutdown is hitting airports — but not ICE
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 […]
Everything from the last week of everything is gambling now
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 […]