CyberTechMag

Bloomberg : Brian Armstrong ended Coinbase's Q3 earnings call by saying certain words that Kalshi and Polymarket users had wagered would be mentioned during the call   —  When Coinbase Global Inc.'s quarterly earnings call wrapped up Thursday, its chief executive, Brian Armstrong, didn't finish with profit guidance or statements of confidence. from Techmeme https://ift.tt/eZ6OoLb via IFTTT

Mary Ann Azevedo / Crunchbase News : Archy, which offers AI-powered dental practice management software, raised a $20M Series B led by TCV, bringing its total funding to $47M   —  It was 2021 and Jonathan Rat was tired of seeing his wife, a dentist, struggle to maintain the tech stack at her practice. from Techmeme https://ift.tt/DAVQ2L8 via IFTTT

A West Coast biotech entrepreneur says he’s secured $30 million to form a public-benefit company to study how to safely create genetically edited babies, marking the largest known investment into the taboo technology.   The new company, called Preventive, is being formed to research so-called “heritable genome editing,” in which the DNA of embryos would be modified by correcting harmful mutations or installing beneficial genes. The goal would be to prevent disease. Preventive was founded by the gene-editing scientist Lucas Harrington, who described his plans yesterday in a blog post announcing the venture. Preventive, he said, will not rush to try out the technique but instead will dedicate itself “to rigorously researching whether heritable genome editing can be done safely and responsibly.” Creating genetically edited humans remains controversial, and the first scientist to do it, in China, was imprisoned for three years . The procedure remains illegal in many countries,...

Bloomberg : Sources: Nvidia plans to invest $500M to $1B in AI coding startup Poolside, which is in discussions to raise $2B at a $12B valuation   —  Nvidia Corp. plans to invest as much as $1 billion in the artificial intelligence company Poolside, according to people familiar with the matter … from Techmeme https://ift.tt/3giHDwb via IFTTT

Maximilian Henning / Euractiv : The ICC plans to switch from Microsoft Office to Open Desk, a European open source alternative, amid concerns about public bodies' reliance on US tech companies   —  The court will move its internal work environment to Open Desk, a German-developed open source software from Techmeme https://ift.tt/G6ZvdAi via IFTTT

Rashi Shrivastava / Forbes : Sources: Synthesia, which helps companies generate videos with AI avatars, raised $200M led by GV at a $4B valuation, up from a $2.1B valuation in January   —  Alphabet's venture firm GV is leading the round, which nearly doubles Synthesia's valuation, per three sources. from Techmeme https://ift.tt/BzoXeJZ via IFTTT

Iain Martin / Forbes : Sources: legal AI startup Harvey raised $150M led by a16z at an $8B valuation, up from a $5B valuation in June, bringing its total raised to over $1B   —  The San Francisco-based startup that provides artificial intelligence tools for lawyers has raised a new round of funding, its third in 2025 alone … from Techmeme https://ift.tt/LzjZQlU via IFTTT

Isabelle Bousquette / Wall Street Journal : Nvidia unveils NVQLink, a high-speed interconnect that Jensen Huang says is the “Rosetta Stone connecting quantum and classical supercomputers”   —  Jensen Huang unveils a new interconnect that links quantum processors with Nvidia's AI supercomputers to get the most out of both from Techmeme https://ift.tt/2pOPlDf via IFTTT

Ashley Capoot / CNBC : OpenAI urges the US to commit to building 100GW of new energy capacity each year to stay ahead of China in AI, and says “electrons are the new oil”   —  OpenAI on Monday said the U.S. needs to substantially ramp up its investment in new energy capacity if it wants to stay ahead … from Techmeme https://ift.tt/9wCMqLR via IFTTT

Milana Vinn / Reuters : Sources: SAP is considering a new bid for accounting software company BlackLine, after its previous bid of nearly $4.5B was rejected in June   —  - Previous $66 per share offer was rejected in June, a source says  — SAP is a key customer, accounting for nearly 30% of BlackLine's revenue from Techmeme https://ift.tt/jMD9BvO via IFTTT

Annie Palmer / CNBC : Filing: iRobot says its last potential buyer withdrew from the process and its financials remain dire, following Amazon abandoning a 2024 bid; IRBT drops 33%+   —  Shares of iRobot plunged more than 30% on Monday after the company warned its search for a buyer has hit a substantial roadblock and its financial condition remains dire. from Techmeme https://ift.tt/0tEyNVB via IFTTT

Cristina Criddle / Financial Times : Employees are increasingly using AI to create ultra-realistic fake expense receipts; AppZen and others attribute the rise to advances in image generation models   —  Business software groups warn that top AI models are increasingly being used to create ultra-realistic fake receipts from Techmeme https://ift.tt/MR9LkGi via IFTTT

Judy Lagrou / Bloomberg : Artemis: $10B+ was moved through stablecoins in August, up from $6B in February and more than double YoY, following President Trump's signing of the Genius Act   —  Consumers and businesses are using stablecoins - digital tokens pegged to the dollar - to make real-world purchases and payments … from Techmeme https://ift.tt/4ZnAkxI via IFTTT

Anthony Ha / TechCrunch : Treasury Secretary Scott Bessent says Trump and Xi will “consummate” a TikTok deal on Thursday in South Korea, confirming a final US-China agreement on the sale   —  The United States and China are ready to move forward on a TikTok deal, according to Treasury Secretary Scott Bessent. from Techmeme https://ift.tt/zSJkvhZ via IFTTT

Nilay Patel / The Verge : Q&A with Zocdoc CEO Oliver Kharraz on the patient scheduling platform's telehealth expansion, its policy of not providing medical advice through AI, and more   —  Today's Decoder episode is a special one: I'm talking to Zocdoc CEO Oliver Kharraz, and we chatted live onstage at the TechFutures conference here in New York City. from Techmeme https://ift.tt/xdVNTX7 via IFTTT

Katrina Bianca Cuaresma / DealStreetAsia : Singapore-based wealth management platform Endowus raised $70M+, bringing its total funding to $130M+, and says the new capital will boost its AI advisory tools   —  Singapore-based wealth management platform Endowus has raised over $70 million in fresh funding to finance expansion and AI-driven capabilities … from Techmeme https://ift.tt/OCmy8Mf via IFTTT

Valida Pau / The Information : Sources: AI chip startup SambaNova is exploring a sale after it struggled to complete a fundraising round; SambaNova was last valued at $5B in 2021   —  Artificial intelligence chip startup SambaNova Systems is exploring a sale, after it struggled to complete a fundraising round, according to people with direct knowledge of the matter. from Techmeme https://ift.tt/YeqiAcz via IFTTT

Aigerim Turgunbaeva / Reuters : Kyrgyzstan launches a national stablecoin and a CBDC in partnership with Binance; CZ says a national cryptocurrency reserve includes Binance's BNB token   —  Kyrgyzstan has launched a national stablecoin and a central bank digital currency in partnership with cryptocurrency exchange Binance, President Sadyr Japarov said on Saturday. from Techmeme https://ift.tt/DHxUMTF via IFTTT

Alex Scott / Chemical & Engineering News : Glasgow-based Chemify, which combines AI with robotics and chemistry to rapidly make novel molecules for pharmaceutical companies, raised a $50M Series B   —  Scottish firm will use the cash to advance its AI platform and robotics system to rapidly make novel molecules from Techmeme https://ift.tt/GyMOaEg via IFTTT

Reuters : Grindr board members Ray Zage and James Lu, part of an investor group that owns more than 60%, offer to take Grindr private for ~$3.46B; GRND closes up 18.63%   —  Two Grindr (GRND.N) board members, part of an investor group that owns more than 60% of the company, have proposed … from Techmeme https://ift.tt/TDXb7dx via IFTTT

Bloomberg Law : Source: President Trump has picked Michael Selig, the chief counsel for the SEC's crypto task force, to chair the CFTC, amid a crypto push   —  President Donald Trump has picked Michael Selig to chair the Commodity Futures Trading Commission, according to an administration official … from Techmeme https://ift.tt/i2yMvBE via IFTTT

The Information : With an influx of Meta alums, some OpenAI staffers worry it is adopting Meta's tactics, like using social media dynamics with Sora and a softening stance on ads   —  This summer, Fidji Simo wasted no time addressing a concern among many at OpenAI.  —  Leading her first all-hands meeting … from Techmeme https://ift.tt/UMJywZc via IFTTT

Matt Day / Bloomberg : Interviews with 23 current and ex-AWS employees and others about AWS' challenges, including intense competition, internal bureaucracy, and lackluster AI efforts   —  The company that basically invented the cloud business is widely perceived as trailing its rivals in artificial intelligence. from Techmeme https://ift.tt/JPT2orN via IFTTT

Jay Peters / The Verge : PUBG maker Krafton unveils an “AI First” strategy, investing ~$70M to build a GPU cluster to automate AI workflows and strengthen AI R&D and in-game AI services   —  It's planning to spend nearly $70 million on a GPU cluster to support its efforts. from Techmeme https://ift.tt/lMUfdWn via IFTTT

Shirin Ghaffary / Bloomberg : OpenAI acquires Software Applications Incorporated, which is building an AI-powered user interface for macOS and raised $6.5M from Sam Altman and others   —  OpenAI has acquired Software Applications Inc., a startup building an AI-powered user interface for Mac desktops … from Techmeme https://ift.tt/1npRwtB via IFTTT

Lauren Forristal / TechCrunch : Tinder plans to expand its facial verification feature to all new US users in the coming months, following its rollout in seven countries and in California   —  Dating app giant Tinder announced on Wednesday that it's expanding its facial verification feature to more users in the U.S. from Techmeme https://ift.tt/mdG0YaI via IFTTT