As crypto cools, a16z crypto raises a $2.2B fund

As some of the biggest VCs in crypto start to consider funding AI startups, a16z crypto’s new fund will stay the course.

Bumble’s paying users are slipping as it bets on an overhaul later this year

The company is making a big bet that the swiping model is outdated and most matches never turn into actual dates. The company wants to fix that by redesigning profiles, changing how people interact, and focusing a lot more on getting users to meet in real life.

Altara secures $7M to bridge the data gap that’s slowing down physical sciences

Altara’s AI aims to diagnose failures and help speed up R&D by unifying data siloed across spreadsheets and legacy systems.

SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw

SAP plans to buy German AI startup Prior Labs and invest heavily in it. It is also prohibiting customers’ agents use to a select few like Nvidia’s NemoClaw.

Nuro receives driverless testing permit ahead of Uber robotaxi service launch

The Silicon Valley AV startup has not started driverless testing yet.

Peter Sarlin’s QuTwo reaches $380M valuation in angel round

QyTw0, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately $380 million) after raising a €25 million angel round ($29 million). It’s a sign of enduring tailwinds for AI, quantum computing, and sovereign tech, especially for Europe-made companies.

Marc Lore says that AI will soon enable anyone open a restaurant

Wonder wants to turn its robotic kitchens into AI-powered “restaurant factories,” letting anyone spin up a virtual food brand with a prompt.

reMarkable’s new Paper Pure tablet goes back to basics with a monochrome screen

The new Paper Pure is lighter and faster than the reMarkable 2, which is going to be retired six years since its launch.

OpenAI releases GPT-5.5 Instant, a new default model for ChatGPT

The company said the model reduces hallucination in sensitive areas such as law, medicine, and finance, while maintaining the low latency of its predecessor.

PayPal says it’s ‘becoming a technology company again’ — that means AI

PayPal is pitching an AI-led turnaround, tying automation and restructuring to $1.5 billion in savings as it cuts jobs and works to modernize its tech stack.