Meta signed three deals this week to procure nearly 1 gigawatt of solar power as it races to power its lofty AI ambitions. The trio of agreements brings Meta’s total solar purchases to over 3 gigawatts of capacity this year. Solar is cheap and quick to build, and as a result, it has become a … Read more
Bending Spoons’ four cofounders this week joined the billionaire ranks. CEO Luca Ferrari’s stake in the Milan-based tech conglomerate is now reportedly worth $1.4 billion, while cofounders Matteo Danieli, Luca Querella, and Francesco Patarnello each hold stakes worth $1.3 billion, according to Forbes estimates based on shareholder data published by the Italian Business Register. The … Read more
Social network Bluesky, which on Friday announced a new milestone of 40 million users, will soon start testing “dislikes” as a way to improve personalization on its main Discover feed and others. The news was shared alongside a host of other conversation control updates and changes, which include smaller tweaks to replies, improved detection of … Read more
Lidar-maker Luminar is warning shareholders that it will run out of cash in early 2026 and has announced a 25% cut to its workforce to help staunch the bleeding — its second layoff of the year — according to a Friday regulatory filing. It’s not immediately clear how many workers will be affected. Luminar started … Read more
Thanks to everyone who made this year’s San Francisco event what it was — and to the 10,000 of you who filled the halls, made the connections, and left with more than you came with. Couldn’t make it? The images below offer a glimpse into what you missed. Until next year. Vinod Khosla, telling attendees … Read more
Navan, the corporate travel and expense platform, finished its first day of trading on the Nasdaq on Thursday down 20% from its $25 IPO price, resulting in a valuation of approximately $4.7 billion for the 10-year-old company. The company was the first to use a new SEC rule that allows public listings during a government … Read more
Creative suite company Canva launched its own design model on Thursday that understands different layers and formats today to power its features. The company also introduced new product forms, updates to its AI assistant, and the ability to create with its coding tool for sheets to make widgets for getting repeatable insights. Canva said that … Read more
In a push to expand its AI footprint in emerging markets, Google has partnered with billionaire Mukesh Ambani–led Reliance Industries to bundle its AI Pro subscription with Jio 5G plans at no extra cost. On Thursday, Google announced a partnership with Reliance, India’s largest company by market capitalization, to offer its AI Pro subscription free … Read more
IntrCity SmartBus, a tech-enabled intercity bus platform in India, has raised $30 million in funding to expand its network across smaller cities and towns in the South Asian nation. The all-equity Series D round, led by A91 Partners, values the Noida-based startup at $140 million post-money. Intercity travel is accelerating in India as more people … Read more
India’s appetite for instant convenience — once confined to food and grocery delivery — is expanding into house help. That shift has helped Snabbit, an on-demand home-help startup, secure $30 million in new funding and lift its valuation to $180 million, up from $80 million five months ago. The all-equity Series C round — Snabbit’s … Read more
