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Canva gets to $4B in revenue as LLM referral traffic rises
Canva reaches $4 billion in annual revenue, driven by product expansion, enterprise growth, and rising referral traffic from large language model platforms.
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AIIndian AI lab Sarvam’s new models are a major bet on the viability of open source AI
Sarvam AI has launched new open source AI models, positioning India’s homegrown lab at the centre of the global push for transparent, accessible large language models.
ClimateDG Matrix raises $60M to make data center power smarter
DG Matrix has raised $60 million to modernise data centre power infrastructure, aiming to improve energy efficiency, reduce losses, and support the growth of AI-driven computing.
AppsUS court bars OpenAI from using ‘Cameo’
A US court has barred OpenAI from using the name “Cameo” following a trademark dispute, raising fresh questions about branding and intellectual property in AI products.
TransportationTesla dodges 30-day suspension in California after removing ‘Autopilot’
Tesla avoids a proposed 30-day suspension in California after removing references to “Autopilot” in certain contexts, amid regulatory scrutiny over its driver-assistance marketing.
SecurityIntellexa’s Predator spyware used to hack iPhone of journalist in Angola, research says
New research alleges that Intellexa’s Predator spyware was used to hack the iPhone of a journalist in Angola, raising fresh concerns over commercial surveillance tools.
BriefJack Altman joins Benchmark as GP
Jack Altman has joined Benchmark as a general partner, bringing his experience as a founder and early-stage investor to one of Silicon Valley’s top venture capital firms.
TransportationFord turns to F1 and bounties to build a $30,000 electric truck
Ford is leveraging Formula 1 expertise and internal engineering “bounties” to develop a $30,000 electric truck aimed at making EV pickups more affordable and competitive.
SocialMeta’s own research found parental supervision doesn’t really help curb teens’ compulsive social media use
Internal Meta research suggests parental supervision tools have limited impact on reducing teens’ compulsive social media use, raising fresh concerns about platform safety measures.
BriefApple is reportedly cooking up a trio of AI wearables
Apple is reportedly developing three new AI-powered wearable devices, expanding its push into artificial intelligence hardware beyond the iPhone and Apple Watch.
BriefThrive raises $10B for new fund, its largest yet
Thrive Capital has raised $10 billion for its largest fund to date, strengthening its position as a major backer of high-growth technology and AI companies.
ClimateClimactic launches hybrid fund to get startups through the ‘valley of death’
Climactic has launched a hybrid venture fund to help early-stage climate startups navigate the “valley of death” by combining equity and non-dilutive capital.
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