Browsing: Business Software

After a tumultuous week, which saw WordPress founder Matt Mullenweg ousted from his position as CEO of Automattic, WordPress.com’s parent company, by way of a board vote, the company has now issued a statement confirming that Mullenweg has returned to his position.

When it comes to Chinese AI labs using distillation techniques to extract knowledge from frontier model makers, Y Combinator CEO Garry Tan is hoping regulators stay out of it. In fact, he thinks U.S. AI labs should perhaps play the same game.

Mecka AI, a startup that collects and analyzes human motion data to train humanoid robots and other robotics, is nearing a new round led by Sequoia Capital at a valuation of about $500 million, according to two people with knowledge of the deal.

Founder, CEO, and tireless Nvidia hype man Jensen Huang told attendees at the Goldman Sachs Communacopia + Technology conference on Thursday why his company’s AI domination — and revenues — will continue its record-breaking growth streak through the end of next year.

Collaborative Fund, the 15-year-old, New York-based generalist venture firm that has roughly $1 billion under management and which made early bets on Lyft, Reddit, Sweetgreen, and Olipop, among others, is taking a stake in the soccer club D.C. United and its stadium, Audi Field.

Snapchat announced on Thursday that it’s launching “Snapchat Plans,” a suite of features for creating, sharing, and managing real-world events with friends. The new event-planning features allow users to send and receive invitations and track details like the time, location, and attendees, all in one place.

Listen Labs, a market research startup that uses voice AI to conduct customer interviews, recently signed a term sheet for a $125 million Series C at a $1.5 billion valuation, with Menlo Ventures set to lead the round, according to several people with knowledge of the matter.

A bipartisan group of U.S. lawmakers has asked the U.S. government to ban several hack-for-hire firms — companies that carry out cyberattacks on behalf of paying clients. The lawmakers accuse the firms of targeting Americans and abusing foreign courts to silence U.S. reporting on their activities.

A video game posted to the Trump administration’s website — one that closely resembled Tetris — has been taken down after the Tetris Company complained.

The fuel for a fully reusable rocket that can unlock truly low-cost access to space isn’t methane or liquid oxygen. It’s cash, and Stoke Space Technologies is tanking up. The company has now “completed the initial closing” of a $1 billion Series E round intended to help it reach orbit and prepare a new, larger…