Category Funding

Snap Spins Out Dotmo as It Recasts AI Video R&D Into a Leaner Bet

Snap spins out its AI video team into Dotmo, a gaming-focused startup, aiming to cut costs while keeping upside through equity and licensing.

Meta’s AI upheaval is fueling employee revolt as Peter Thiel’s Dialog leak and SBF’s pardon push expose tech’s power networks.

Elastic is set to buy DeductiveAI in an AI SRE acquisition worth up to $85 million, signaling consolidation in observability software.

NEA partner Tiffany Luck says AI ROI is now the key question as enterprises tighten spending, mix models and chase practical value.

SpaceX board adds Roelof Botha after its record IPO, bringing Sequoia experience and audit expertise to Elon Musk’s company.

Pramaana Labs raised $27M to use formal verification and LLMs to make AI more reliable for tax, legal, drug discovery and cybersecurity.

CPP Investments commits up to $741 million to CtrlS, betting on India’s AI-driven data center boom and growing digital infrastructure demand.

Pinterest launches Ask Pinterest, an experimental AI shopping app, alongside new AI tools for advertisers and marketers.

NewCore raised $66M to secure AI agents identity, giving enterprises new tools to authenticate, govern and revoke digital workers.

AI layoffs are soaring as tech profits rise, fueling skepticism that automation is a cover story for overhiring and cost-cutting.