Founders Fund nears $6B close for latest growth fund, sources say

The fresh fundraise comes less than a year after Founders Fund closed its third growth fund, a $4.6 billion vehicle intended primarily for follow-on investments in its successful late-stage companies.

Electric air taxi maker Archer hits back at Joby in countersuit alleging concealed Chinese ties

Archer’s countersuit comes four months after Joby sued its rival for alleged ‘corporate espionage.’

An iPhone-hacking toolkit used by Russian spies likely came from U.S military contractor

Google found a series of hacking tools they said were used by a Russian espionage group and a cybercriminal group in China. Sources from a U.S. government defense contractor said some of those hacking tools were theirs.

Yann LeCun’s AMI Labs raises $1.03 billion to build world models

AMI Labs, the new venture cofounded by Turing Prize winner Yann LeCun after he left Meta, has raised $1.03 billion at a $3.5 billion pre-money valuation.

Apple now makes one in four iPhones in India: report

Apple reportedly produced 55 million units in India last year, a shift accelerated as Apple faced growing uncertainty in China.

Uzbekistan’s Uzum valuation leaps over 50% in seven months to $2.3B

Uzum now reaches 20 million users and processes $11B in payments as it expands its e-commerce and fintech ecosystem across Uzbekistan.

Whoop launches a new blood test focused on women’s health

The wearable maker is launching a new panel focused on women’s health through its Whoop Labs blood testing service. It’s also adding a new feature to its app that surfaces information about hormonal changes during menstrual cycles.

AI network startup Eridu emerges from stealth with hefty $200M Series A

Unlike a vibe-coded product built by a college dropout, Eridu’s co-founder, Drew Perkins, has been inventing networking tech since the dawn of the internet.

Sandbar secures $23M Series A for its AI note-taking ring

Sandbar aims to ship the Stream, which can be used to take notes, chat with an AI assistant, and for media playback, this summer.

This SpaceX veteran says the next big thing in space is satellites that return to Earth

The company’s first demonstration mission is expected in early 2027.