Lauren Goode / Wired : Code Metal, which uses AI to let engineers translate legacy code into modern languages, raised a $125M Series B le...
Code Metal, which uses AI to let engineers translate legacy code into modern languages, raised a $125M Series B led by Salesforce Ventures at a $1.25B valuation — The Boston startup uses AI to translate and verify legacy software for defense contractors, arguing modernization can't come at the cost of new bugs.
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Anthropic launches Claude Code Security, which “scans codebases for security vulnerabilities and suggests targeted software patches”; cybersecurity stocks fall — Shares of cybersecurity software companies tumbled Friday after Anthropic PBC introduced a new security feature into its Claude AI model.
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A US judge rejects Tesla's bid to overturn a $243M jury verdict over a fatal 2019 Autopilot crash, a blow for Tesla as it faces a growing wave of lawsuits — A federal judge has rejected Tesla's bid to overturn a $243 million jury verdict over a fatal 2019 Autopilot crash in Florida …
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Sources: Google may invest $100M in Fluidstack at a $7.5B valuation and has backstopped crypto miners that are building datacenters, seeking to expand TPU use — As more AI companies consider Google's chips, the company wants to use deals with external partners to expand the potential market
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Tech stocks rise slightly from their morning lows after the Supreme Court ruled that President Trump lacked the authority to impose sweeping global tariffs — Shares of tech goods makers rose off their morning lows on news of the high court's ruling. Tech goods have been some of the least …
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Peak XV, which split from Sequoia in 2023, raised $1.3B across new India- and Asia-focused funds, bringing its total assets under management to over $10B — Peak XV announced on Friday that it has raised $1.3 billion across new India and Asia-focused funds.
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Claude's C Compiler shows AI elevates the role of human judgment and vision; it's a milestone, but closely mirrors LLVM/GCC, and hard codes things to pass tests — Compilers occupy a special place in computer science. They're a canonical course in computer science education. Building one is a rite of passage.
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Sources: OpenAI has 200+ people working on a family of AI devices, including a smart speaker priced from $200 to $300, possibly smart glasses and a smart lamp — OpenAI has more than 200 people working on a family of AI-powered devices that will include a smart speaker and possibly smart glasses …
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Avantos, which makes an AI-native client management system for financial institutions, raised a $25M Series A led by Bessemer, taking its total funding to $35M — Avantos, a company developing an AI-native system for financial institutions, announced the completion of a US$25 million series …
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OpenAI says users aged 18-24 account for ~50% and under-30s represent 80% of ChatGPT usage in India; Indians use ChatGPT mostly for work — OpenAI seems to have found product-market fit with young Indians. The company said on Friday that users between 18 and 24 years of age accounted …
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