Storied semiconductor and software company Arm Holdings is starting to make its own chips after nearly 36 years of licensing its designs to companies like Nvidia and Apple. At an event Tuesday in San Francisco, the company revealed the Arm AGI CPU, a production-ready chip built for running inference in an AI data center. The…

Data center developer Crusoe is ramping up its energy storage capacity with battery buys from Form Energy and Redwood Energy. The company said it will buy 12 gigawatt-hours of Form Energy’s 100-hour batteries. It’s the second large sale made by Form, which last month said it would build a 30 gigawatt-hour battery for Google in…

At a time when AI slop is flooding music streaming platforms, Spotify is beta testing a new “Artist Profile Protection” feature that allows artists to review releases before they go live on their profiles. The idea behind the new tool is to give artists more control over which tracks are associated with their name on…

Accel and Prosus have selected six startups for their first joint cohort in India, backing what they describe as “off-the-map” ideas — companies working on problems where markets are undefined and progress is difficult to measure. The inaugural cohort spans healthcare, climate, space, and longevity, reflecting a focus on science-led themes with long development timelines…

OpenAI announced on Tuesday that it is shutting down Sora, a TikTok-like social app that launched six months ago. OpenAI did not give a reason for the shut down, nor did it share information about when it will officially be discontinued. When Sora first opened up as an invite-only social network, it seemed like everyone…

A jury in Santa Fe on Tuesday ordered Meta to pay $375 million in civil penalties after finding the company misled consumers about the safety of its platforms and endangered children. New Mexico attorney general Raúl Torrez’s office called the decision a “watershed moment for every parent concerned about what could happen to their kids…

When I speak to Blake Resnick, he’s walking around his drone startup’s newest office space in Seattle—a cavernous 50,000-square-foot facility that, Resnick estimates, won’t be fully set up until later in the year—potentially November. Still, the big (and for now, largely empty) building offers the promise of a fast-growing company intent on conquering its particular…

Kleiner Perkins, the prominent U.S. venture firm, announced on Tuesday that it raised $3.5 billion in fresh capital across two funds, a significant increase from the firm’s $2 billion fundraise less than two years ago. The firm, founded back in 1972, says it raised $1 billion for its 22nd early-stage venture fund, and $2.5 billion…

Amazon has confirmed that it has acquired Fauna Robotics, a two-year-old startup founded by former Meta and Google engineers who are developing kid-size humanoid robots. The acquisition was first reported by Bloomberg. Terms of the deal weren’t disclosed. What we do know is that Fauna’s employees, including its two founders, will join Amazon in New…