Benchmark raises its first-ever growth fund as part of $2B capital raise
The legendary abandons its more than 20 year tradition of keeping its funds to about $425 million.
Tech
Quick commerce FirstClub doubles valuation to $255M in nine months
The Bengaluru startup has crossed 1 million orders and reached a $50 million annualized GMV run rate within a year of launch.
Nintendo confirms it will sell a new Switch 2 with replaceable battery in the EU
Nintendo is planning to launch versions of Switch 2 hardware in the EU that will let users easily replace the battery. To meet its obligations from a new EU regulation that’s set to go into effect on February 18th, 2027, Nintendo says on its website that it is “implementing measures to comply with these requirements […]
Lovable signs multiyear deal with Google Cloud to up usage 5x, source says
Lovable and Google signed an expanded multiyear deal that involves a 5x expansion of Lovable’s footprint on Google Cloud, and expanded access to Anthropic Claude.
Apple is bringing age verification to Texas this week
Apple will introduce age verification in the App Store for users in Texas starting on Thursday, June 4th. The move, as spotted by MacRumors, comes just days after a federal appeals court allowed Texas’ App Store Accountability Act to go into effect while a lawsuit against it proceeds. People in Texas who are creating a […]
WiiM expands its whole-home ecosystem with a new soundbar
WiiM, the audio company that’s challenged the idea that audiophile-level performance requires a small loan, is expanding its whole-home ecosystem with the WiiM Bar, which releases in July. Much like its other speakers and audio components, the WiiM Bar supports a bunch of streaming options and expandability at an affordable price – in this case, […]
Defense tech is flooded with money, but who’s built to last?
Defense tech is red hot right now. Anduril and Mach Industries just doubled and quadrupled their valuations, respectively, and the U.S. government is proposing a 40% increase in defense budget. A wave of new startups is chasing those government contracts, but according to Ross Fubini, the venture investor who wrote Anduril’s first check, most of them will get lost in the Valley of Death between prototype contract […]
Uber to put 500 data-collection vehicles on the road this year
The modified Ioniq 5 will be loaded with sensors to capture data for Uber’s new AV Labs division.
Nvidia is already planning N2X and N3X chips — the goal is the Star Trek computer
Just in case you were wondering, Nvidia’s RTX Spark isn’t supposed to be a one-off. The company is not just flirting with becoming the fifth high-profile vendor of consumer laptop chips to see if people bite. At Computex 2026 in Taipei, Nvidia CEO Jensen Huang confirmed at least two additional generations of RTX Spark are […]
Alphabet’s record-breaking $85B raise for Google’s AI business is a helluva good signal
If Alphabet’s record-breaking, $85 billion stock sale signals investor appetite for AI-related offerings, we can see that investors are ready to chow.