Reddit reported its Q2 earnings, and it’s clear that its focus on AI has ramped up significantly.
Author: WpAdminXfinity
Apple projects tariff costs will hit $1.1B next quarter
While sales growth suggests fear of tariffs helped fuel sales, Cook downplayed the “pull forward” effect, noting that consumers were more motivated by the “strength of the product.”
Handwave lends a hand to retailers with its European alternative to Amazon’s palm payments
Latvian startup Handwave aims to compete with Amazon palm payments by offering an independent alternative.
Female-founded semiconductor AI startup SixSense raises $8.5M
SixSense offers an AI-powered platform that helps chip makers prevent defects. It landed backing led by Peak XV’s Surge (formerly Sequoia India & SEA).
Proton releases a new app for two-factor authentication
Proton has a free new authenticator apps, which is available cross-platform with end-to-end encryption protection for data.
Uber Eats now lets merchants message customers about their orders
With the new Live order chat feature, merchants can message with customers in real-time to do things like confirm replacements for sold out items, clarify special requests, and check in on dietary or allergy preferences.
Kleiner Perkins-backed Ambiq pops on IPO debut
The 15-year-old chipmaker saw its shares climb 61% above its IPO price by the close of its first trading day.
GitHub Copilot crosses 20 million all-time users
One of the most popular AI coding tools on the market added five million users in the last three months.
Aurora’s autonomous trucks are now driving at night. Its next big challenge is rain.
The company has also opened another facility in Phoenix as it scales driverless operations.
Nvidia AI chip challenger Groq said to be nearing new fundraising at $6B valuation
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.