Technology
OpenAI has secured $8.3 billion in new funding at a $300 billion valuation, according to The New York Times. The oversubscribed round closed months ahead of schedule as part of the company's broader strategy to raise $40 billion in 2025. Funding Details Lead Investor: Dragoneer Investment Group
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Ramp, the financial operations platform, announced its Series E-2 funding round on July 30, 2025, raising $500 million at a $22.5 billion valuation. ICONIQ led the round with participation from existing investors including Founders Fund, D1 Capital Partners, GIC, Coatue, Avenir Growth, Thrive Capital, Khosla Ventures, Sands Capital, 8VC,
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Figma's initial public offering is approaching 40 times oversubscribed according to sources familiar with the matter, positioning it as potentially the year's most in-demand listing. The San Francisco-based design and collaboration software company raised its price range to $30-$32 per share from an initial $25-$
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The Countdown Has Begun GPT-5 is almost here, and we're hearing good things. The early reactions from at least one person who's used the unreleased version were extremely positive. That's good news for OpenAI. The ChatGPT creator has been under pressure to show major
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Google's Opal: The Search Giant's Answer to No-Code AI Development Google has entered the rapidly expanding "vibe-coding" market with Opal, a new experimental tool from Google Labs that lets you build and share powerful AI mini apps that chain together prompts, models, and tools
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Uber announced this week that it will pilot its "Women Preferences" feature in three major U.S. cities—Detroit, Los Angeles, and San Francisco—starting next month. This long-awaited expansion brings a safety tool that has already powered over 100 million trips across 40 countries to the US.
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$66 Million to Back the Next Generation of AI Builders Betaworks today announced that they have closed $66 million for Betaworks Fund 3.0 — a pre-seed/seed stage venture fund dedicated to investing in, building with, and supporting exceptional founders. Betaworks Fund 3.0 builds on the momentum of Fund
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The Reality Check: Representation is Declining BLCK VC's State of Black Venture report is out, and it delivers sobering news for those looking to break into venture capital or raise funding. Only 17% of Black VC professionals received a promotion in the past year, down from 28% in
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The era of "vibe coding" has arrived. What used to require months of development and teams of engineers can now be accomplished in hours with nothing more than well-crafted prompts. AI app builders like Lovable are democratizing software development, allowing designers and product managers to transform ideas into
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Swedish AI startup Lovable has become Europe's latest unicorn after closing a $200 million Series A funding round led by Accel, bringing the company's valuation to $1.8 billion. The milestone comes just eight months after the Stockholm-based company's public launch, making it one
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OpenAI launched ChatGPT agent on July 17, 2025, a unified AI system that combines web browsing capabilities with document creation tools. ChatGPT now thinks and acts, proactively choosing from a toolbox of agentic skills to complete tasks for you using its own computer. Core Capabilities ChatGPT agent allows ChatGPT to
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Netflix, the streaming giant reported earnings per share of $7.19 versus the expected $7.08, while revenue hit $11.08 billion against estimates of $11.07 billion. Net income surged to $3.1 billion, or $7.19 per share, up from $2.1 billion, or $4.88 per share,