Luminar CEO Austin Russell has resigned following an ethics investigation. Paul Ricci, former Nuance CEO, takes the helm. The investigation reportedly doesn't impact financials.
Foxconn and HCL will build a $435 million semiconductor plant in India, producing display driver chips for Apple and others, reducing Apple's reliance on China.
A new bipartisan bill seeks to end the 52-year ban on supersonic flight over the US, potentially paving the way for faster air travel. The bill focuses on mitigating sonic boom impact.
AI note-taking app Granola secures $43M Series B funding, reaching a $250M valuation. The company introduces new collaborative features for teams and expands beyond single-user functionality.
Atlassian hits $5.4 billion in ARR! Learn about their AI-focused strategy, enterprise growth, government expansion, and impressive profitability.
Tensor9 enables secure software deployment into any environment using digital twins. This allows enterprises to access cutting-edge software and AI tools without sharing sensitive data with third-party SaaS providers.
Digital bank Chime has officially filed for its IPO, revealing a $33 million sponsorship deal with the Dallas Mavericks. The filing offers insights into Chime's financials, pointing towards potential growth and near profitability.
NYC-focused VC Work-Bench secures $160M in Fund IV to invest in seed-stage enterprise software startups, targeting AI, cybersecurity, and developer tools.
WhatsApp won a $167 million lawsuit against NSO Group for its Pegasus spyware targeting 1,400+ users via a zero-click exploit. The trial revealed key details about the attack, NSO's finances, and its government clients.
Y Combinator accuses Google of monopolizing search, hindering startup innovation in AI and search technology. The accelerator urges Google to change or face potential divestment.