MatX Raises $80M Series A to Develop AI-Powered Chips, Valued at $300M
MatX, a startup designing chips for large language models, raises $80M Series A led by Spark Capital, valuing the company at $300M
Innovation
SiriusXM's Cancellation Process Ruled Illegal by New York Judge
A New York judge has deemed SiriusXM's lengthy and burdensome cancellation process illegal, violating federal law and forcing customers to waste time on unwanted retention offers.
Java Development Kit 24 to Introduce Quantum-Resistant Cryptography and 20 Other Features
Oracle's upcoming JDK 24 release to focus on security, performance, and concurrency with 21 proposed features, including quantum-resistant cryptographic keys and structured concurrency.
Pack2List: A New Tool to Simplify Bluesky List Creation from Starter Packs
A new web app, Pack2List, enables Bluesky users to easily convert Starter Packs into customizable lists, enhancing the social app's functionality and user experience.
LinkedIn Co-Founder Reid Hoffman Raises Concerns Over Trump's Tech Industry Favors
Reid Hoffman, co-founder of LinkedIn and Inflection AI, expresses concerns over President-Elect Donald Trump's potential favors to certain tech companies and individuals, including Elon Musk, in a recent opinion piece.
Microsoft's TypeScript 5.7 Released, Boosts JavaScript Development with Enhanced Type System
TypeScript 5.7 is now available, featuring improved type checks, compiler options, and support for ECMAScript 2024, enhancing JavaScript development and runtime performance.
Fondo Raises $7M to Fill Accounting Gap for Startups Amidst Entrepreneurship Boom
Fondo, a bookkeeping platform, secures funding to address the growing need for accounting services among startups, as entrepreneurship rises in the US.
Startups Weekly Recap: Big Funding Rounds and Acquisitions Dominate the Scene
Catch up on the latest startup news, featuring major funding rounds, acquisitions, and notable developments in defense, cybersecurity, and health.
Pocuter Unveils Repairable Smartwatch, Spectra, on Kickstarter
Pocuter's Spectra smartwatch is designed for easy repair and upgrade, featuring a hackable design and custom OS, now available for preorder on Kickstarter.
