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Corgi, which provides insurance for startups and uses AI to generate quotes, manage claims, and more, raised a $160M Series B led by TCV at a $1.3B valuation (Richard Nieva/Forbes)

Richard Nieva / Forbes : Corgi, which provides insurance for startups and uses AI to generate quotes, manage claims, and more, raised a $160M Series B led by TCV at a $1.3B valuation   —  Named after the company-owned dog, Corgi embodies the sometimes-absurd San Francisco startup scene.  Now it's worth $1.3 billion, after raising $160 million. from Techmeme https://ift.tt/tXMwJ4H via IFTTT
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Musk v. Altman: Mira Murati testifies that Sam Altman lied to her about the safety standards for a new OpenAI model and that he made her work more difficult (Jay Peters/The Verge)

Jay Peters / The Verge : Musk v. Altman: Mira Murati testifies that Sam Altman lied to her about the safety standards for a new OpenAI model and that he made her work more difficult   —  OpenAI's former CEO testified under oath that Altman lied to her. … Mira Murati, OpenAI's former CTO, has testified under oath … from Techmeme https://ift.tt/SFQPdzK via IFTTT
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Anthropic says it signed a deal with SpaceX to use "all of the compute capacity" at Colossus 1, giving it access to over 300 MW of new capacity within the month (Axios)

Axios : Anthropic says it signed a deal with SpaceX to use “all of the compute capacity” at Colossus 1, giving it access to over 300 MW of new capacity within the month   —  Anthropic said Wednesday it has struck a deal to gain access to compute capacity from Elon Musk's SpaceX … from Techmeme https://ift.tt/LkStAds via IFTTT
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OpenAI rolls out a beta version of its new Ads Manager tool to advertisers in the US, making it easier for SMBs to buy ChatGPT ads on a cost-per-click basis (Sara Fischer/Axios)

Sara Fischer / Axios : OpenAI rolls out a beta version of its new Ads Manager tool to advertisers in the US, making it easier for SMBs to buy ChatGPT ads on a cost-per-click basis   —  OpenAI has launched a self-serve advertising platform, executives said, marking a significant step in its goal of generating $2.5 billion … from Techmeme https://ift.tt/HX0zuM8 via IFTTT
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Sources: Apple plans to let users choose from multiple third-party AI models to perform tasks like generating and editing text and images in iOS 27 (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg : Sources: Apple plans to let users choose from multiple third-party AI models to perform tasks like generating and editing text and images in iOS 27   —  Apple Inc. will let users choose from a range of outside artificial intelligence services to power features across its software … from Techmeme https://ift.tt/R17GLMT via IFTTT
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Pinterest reports Q1 revenue up 18% YoY to $1B, vs. $966M est., MAUs up 11% YoY to 631M, and forecasts Q2 revenue above estimates; PINS jumps 17%+ after hours (Jonathan Vanian/CNBC)

Jonathan Vanian / CNBC : Pinterest reports Q1 revenue up 18% YoY to $1B, vs. $966M est., MAUs up 11% YoY to 631M, and forecasts Q2 revenue above estimates; PINS jumps 17%+ after hours   —  Pinterest reported first-quarter earnings on Monday that beat on the top and bottom lines.  Shares soared 17% after the report. from Techmeme https://ift.tt/vaglDjc via IFTTT
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Sources: the Trump administration is discussing an EO to create an AI working group to examine AI oversight procedures, including vetting models before release (New York Times)

New York Times : Sources: the Trump administration is discussing an EO to create an AI working group to examine AI oversight procedures, including vetting models before release   —  The Trump administration, which took a noninterventionist approach to artificial intelligence, is now discussing imposing oversight … from Techmeme https://ift.tt/dFx2Mt4 via IFTTT
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