Swedish legal AI firm Legora raises $550M led by Atreides at $8.8B valuation
Investors and funding
Meta’s policy chief Joel Kaplan will leave the company in 2027
Government and policyLatest news
INVESTORS AND FUNDING
Korean AI data centre firm Elice sinks 32% in a record-worst IPO debut
The Elice IPO raised $151m at the top of its range, with retail demand 400 times the shares on offer. It is the latest AI infrastructure listing to stumble.
ARTIFICIAL INTELLIGENCE
AI lab Flapping Airplanes is now worth $6B, four times its January value
The research startup, backed by Nvidia and Sequoia, wants to train AI with far less data and computing power.
ANTHROPIC
Anthropic set Claude on 25 open-source projects and it found 493 flaws
Anthropic set Claude to work on attack surface reduction across 25 open-source projects, and it flagged 493 issues. One misconfiguration had sat unnoticed in widely used software for 21 years.
GOVERNMENT AND POLICY
Meta to pay $25B in New Mexico case over misleading Facebook users
A judge set one of the largest penalties in US history after a jury found 43 million violations.
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