Moonshot AI raises over $3.5b in series F: report

While many newer VC firms are still struggling to raise fresh capital, Dimension Capital, founded in late 2022, has been raising increasingly larger funds in quick succession.  On Tuesday, the New York firm — which invests at the intersection of science and compute — announced an $800 million fund, which is 60% larger than its $500…

They built AI. Now Silicon Valley workers protest its threat to jobs and humanity  Imperial Valley Press Online

Apple’s self-driving car program never really got off the ground, but it may have been what made the company’s chips the powerful AI performers they are. Early in the development of the self-driving platform, Apple realized that it would need powerful on-device AI processing. While the car processor was never finished, as Mark Gurman details…

Netflix paid $587 million in cash when it purchased Ben Affleck‘s AI startup InterPositive, the company disclosed in a federal filing. As part of the company’s Form 10-Q report with the Securities and Exchange Commission, Netflix confirmed that it completed an acquisition in March “for a total purchase price of approximately $587 million. The disclosure…

Etched’s Funding Rounds Signal AI Investment Shift  조선일보

Opinions expressed by Entrepreneur contributors are their own. The last record-breaking IPO, SpaceX, wasn’t a fluke, and the next big IPO won’t be a SaaS company or a consumer app either. It’s going to be in the growing industry of civilization technology, i.e., the companies that undergird the structures and systems necessary for civilization to survive in…