In Brief

Auto Added by WPeMatico

Meta acquires AI audio startup WaveForms

AI, AI voice, In Brief, Mark Zuckerberg, Mergers and Acquisitions, Meta, Public, Startups, waveforms / 24news

WaveForms, founded just eight months ago, last raised $40 million in a round led by Andreessen Horowitz that valued the company at $160 million pre-money, per PitchBook data.

Meta acquires AI audio startup WaveForms Read More »

Elon Musk says X plans to introduce ads in Grok’s responses

AI, Apps, Elon Musk, Grok, In Brief, Public, Twitter, X / 24news

The move would help power X’s struggling ads business following the departure of former CEO Linda Yaccarino.

Elon Musk says X plans to introduce ads in Grok’s responses Read More »

Clay confirms it closed $100M round at $3.1B valuation

AI, CapitalG, clay, In Brief, Public, sales automation, Startups, Venture / 24news

The AI sales automation startup raised fresh funds, led by CapitalG, just months after its last round.

Clay confirms it closed $100M round at $3.1B valuation Read More »

A backlog at the Commerce Department is reportedly stalling Nvidia’s H20 chip licenses

AI, artificial intelligence, chips, Enterprise, In Brief, nvidia, Public, Security, semiconductors / 24news

News of a backlog at the U.S. federal department comes less than a week after national security experts urged the Trump administration to reverse its decision that allows Nvidia to export H20 chips to China.

A backlog at the Commerce Department is reportedly stalling Nvidia’s H20 chip licenses Read More »

Google loses appeal over app store overhaul in Epic Games case

antitrust litigation, Epic Games, Gaming, Google, Government & Policy, In Brief, Public / 24news

The court rejected Google’s argument that the trial judge made legal errors in the antitrust case that unfairly favored Epic Games.

Google loses appeal over app store overhaul in Epic Games case Read More »

Big Tech to work with Trump administration to build digital health ecosystem

Biotech & Health, Government & Policy, In Brief, Politics, Public, RFK, Trump / 24news

The efforts will focus on two areas: creating a framework for patients and providers to easily share information, and creating more personal tools so patients can access resources needed to stay informed about their health.

Big Tech to work with Trump administration to build digital health ecosystem Read More »

Palo Alto Networks agrees to buy CyberArk for $25 billion

CyberArk, cybsecurity, Enterprise, In Brief, Mergers and Acquisitions, palo alto networks, Public, Security / 24news

The cybersecurity giant is getting into identity security with its acquisition of CyberArk, which is one of the biggest cybersecurity deals of the year so far.

Palo Alto Networks agrees to buy CyberArk for $25 billion Read More »

Ramp hits $22.5B valuation just 45 days after reaching $16B

Eric Glyman, Fintech, In Brief, Public, Ramp, Startups / 24news

In 2025, Ramp keeps raising money at increasing valuations as its CEO pursues an AI-powered future.

Ramp hits $22.5B valuation just 45 days after reaching $16B Read More »

Nvidia AI chip challenger Groq said to be nearing new fundraising at $6B valuation

AI, AI chips, groq, In Brief, Public, Startups / 24news

AI chip startup Groq is in talks to raise a fresh $600 million at a near $6 billion valuation, sources tell Bloomberg, although the deal isn’t yet final and terms could change.

Nvidia AI chip challenger Groq said to be nearing new fundraising at $6B valuation Read More »

Luma and Runway expect robotics to eventually be a big revenue driver for them

AI, In Brief, Luma, Public, Robotics, robots, video generating AI / 24news

Both Luma and Runway have reportedly held conversations with self-driving car and robotics companies as they look toward the future.

Luma and Runway expect robotics to eventually be a big revenue driver for them Read More »