标签：#In Brief

Reflection AI has signed a $1 billion deal to access Nebius' compute. Reflection was founded in 2024 and is developing open source AI technology.

The social media site says it will amplify posts made by users' mutual followers' to give the feed more of a communal feel.

The launch of free content would allow Disney+ to better compete with free services like YouTube and Tubi, which are capturing a growing share of consumers’ viewing time.

Amid signs of slowing engagement, Netflix is reportedly considering launching "always-on" live channels, giving subscribers something to tune into 24/7.

Lyzr, a startup that builds AI agents for enterprises, used its own AI agent to raise a $100 million round — proof, evidently, that the product actually works.

State attorneys general said they found that Block misled users by falsely advertising that Cash App provided bank-like protections, including advanced fraud detection.

The saga of Musk's tussle with the SEC over how he disclosed his growing stake in Twitter (now X) has come to an end.

The $300 million round is expected to be led by Menlo Ventures, Sifted reported.

Earlier this week, a picture seemed to show Kentucky Senator Mitch McConnell covered in tubes in a hospital bed in a state of extreme distress. It turned out to be an AI-generated fake.

For Paradigm, the technical frontier will stretch beyond its cryptocurrency investment roots. This fund is expected to expand its investment focus to include robotics and AI.

Vermilion Cliffs Ventures announced Wednesday the close of a $25 million Fund II.

Blue Origin is raising $10 billion at a $130 billion pre-money valuation from Coatue Asset Management, Bezos himself, and other big-name investors, The New York Times reported.

Microsoft is the latest Silicon Valley giant to cut back on its AI spending.

Google's upcoming event in August will introduce new Pixel devices.

The Y Combinator-backed company started a vibe-coding platform and later built an agent-creation product.

Chemistry Ventures, the VC firm launched by Bessemer, Index Ventures, and Andreessen Horowitz alums, is raising $500M for its second fund.

AI law startup Norm has raised a $120 million Series C round led by Khosla Ventures, valuing the startup at $1.2 billion.

At an internal meeting, the Meta CEO reportedly said that AI development efforts were not moving as quickly as anticipated.

The company delivered more than 480,000 EVs globally, seemingly thanks to geographic expansion and cheaper versions of the Model 3, Model Y, and Cybertruck.

The lawsuit was connected to a fatal 2023 crash involving a vehicle using the company's advanced driver assistance system known as Full Self-Driving.