Monday, June 30, 2025

Tel Aviv-based Cato Networks, whose tools help protect remote workforces, raised a $359M Series G at a $4.8B+ valuation, taking its total funding to $1B+ (James Rundle/Wall Street Journal)

James Rundle / Wall Street Journal:
Tel Aviv-based Cato Networks, whose tools help protect remote workforces, raised a $359M Series G at a $4.8B+ valuation, taking its total funding to $1B+  —  Network security company plans to expand use of artificial intelligence with cash injection  —  Cyber company Cato Networks …



PitchBook: Australian startups raised $3.4B in 2024, down from 2021's $6.5B peak; 39% of early-stage capital in Australia came from overseas vs. 21% in the US (Benicia Tan/Bloomberg)

Benicia Tan / Bloomberg:
PitchBook: Australian startups raised $3.4B in 2024, down from 2021's $6.5B peak; 39% of early-stage capital in Australia came from overseas vs. 21% in the US  —  Australian startups lag far behind the US and China in funding raised despite the country's historical effectiveness at creating unicorns.



The White House announces an AI Education Pledge with commitments from 60+ companies to provide AI education materials to K-12 students over the next four years (Ashley Gold/Axios)

Ashley Gold / Axios:
The White House announces an AI Education Pledge with commitments from 60+ companies to provide AI education materials to K-12 students over the next four years



Sunday, June 29, 2025

Report: Swiss deep tech startups have created over $100B in total enterprise value, with 60% of VC funding in Switzerland from 2019 to 2025 going to deep tech (Cate Lawrence/Tech.eu)

Cate Lawrence / Tech.eu:
Report: Swiss deep tech startups have created over $100B in total enterprise value, with 60% of VC funding in Switzerland from 2019 to 2025 going to deep tech  —  With 60 per cent of venture capital now flowing into deeptech, the country outpaces global peers and redefines what a small market can achieve. .



Investigation: California colleges and universities continue to renew Turnitin subscriptions despite the cost, faulty anti-plagiarism tech, and privacy issues (Tara García Mathewson/The Markup)

Tara García Mathewson / The Markup:
Investigation: California colleges and universities continue to renew Turnitin subscriptions despite the cost, faulty anti-plagiarism tech, and privacy issues  —  Colleges and universities renew Turnitin subscriptions year after year even though its flawed detectors are expensive …



Synthesia says it has over 65K customers and serves more than 70% of the Fortune 100, with its AI avatars mainly used for training and internal communications (Allie Garfinkle/Fortune)

Allie Garfinkle / Fortune:
Synthesia says it has over 65K customers and serves more than 70% of the Fortune 100, with its AI avatars mainly used for training and internal communications  —  Constructing an avatar of myself is even weirder than I expected.  —  It's a choreographed experience that made me feel …



Saturday, June 28, 2025

Tesla says a Model Y drove itself from Gigafactory Texas to a buyer's home 30 minutes away, marking its first fully autonomous vehicle delivery (Andrew J. Hawkins/The Verge)

Andrew J. Hawkins / The Verge:
Tesla says a Model Y drove itself from Gigafactory Texas to a buyer's home 30 minutes away, marking its first fully autonomous vehicle delivery  —  The milestone was achieved a day early.  But Tesla's robotaxis still require safety monitors and remote supervisors.



A look at AIFF 2025, Runway's third annual AI Film Festival featuring 10 shorts, as the film and TV industry remains divided over the role of AI in its future (Samuel Axon/Ars Technica)

Samuel Axon / Ars Technica:
A look at AIFF 2025, Runway's third annual AI Film Festival featuring 10 shorts, as the film and TV industry remains divided over the role of AI in its future  —  We saw 10 AI films and interviewed Runway's CEO as well as Hollywood pros.  —  Last week, I attended a film festival dedicated to shorts made using generative AI.



Atlantic Council: US cyber power is hampered by an inefficient supply chain for zero days, with too few providers and "levels of middlemen" driving up costs (Patrick Howell O'Neill/Bloomberg)

Patrick Howell O'Neill / Bloomberg:
Atlantic Council: US cyber power is hampered by an inefficient supply chain for zero days, with too few providers and “levels of middlemen” driving up costs  —  Atlantic Council research says market for zero days is bloated, leaving the US behind rivals such as China.  —  The Cyber Angle



An in-depth look at how foreign scammers use US banks to facilitate large-scale transfers of funds stolen from victims of "pig butchering" scams overseas (Cezary Podkul/ProPublica)

Cezary Podkul / ProPublica:
An in-depth look at how foreign scammers use US banks to facilitate large-scale transfers of funds stolen from victims of “pig butchering” scams overseas  —  - Struggling Gatekeepers: In the face of some $44 billion a year in pig-butchering scams conducted by Asian crime syndicates …



Friday, June 27, 2025

Sources: Mark Zuckerberg and his lieutenants have discussed "de-investing" in Llama in favor of AI models from competitors like OpenAI and Anthropic (New York Times)

New York Times:
Sources: Mark Zuckerberg and his lieutenants have discussed “de-investing” in Llama in favor of AI models from competitors like OpenAI and Anthropic  —  Unhappy with his company's artificial intelligence efforts, Meta's C.E.O. is on a spending spree as he reconsiders his strategy …



Q&A with Peter Thiel on economic and technological stagnation, US growth and dynamism, supporting President Trump in 2016, the future and risks of AI, and more (Ross Douthat/New York Times)

Ross Douthat / New York Times:
Q&A with Peter Thiel on economic and technological stagnation, US growth and dynamism, supporting President Trump in 2016, the future and risks of AI, and more  —  The original tech right power player on A.I., Mars and immortality.  — 1.7k … Ross Douthat: Is Silicon Valley recklessly ambitious?



European Commission says Meta has proposed limited changes to its pay-or-consent ad model, and Meta faces daily fines if it determines they are not sufficient (Reuters)

Reuters:
European Commission says Meta has proposed limited changes to its pay-or-consent ad model, and Meta faces daily fines if it determines they are not sufficient  —  Meta Platforms made only limited changes to its pay-or-consent model, and EU regulators cannot confirm compliance with an antitrust order.



Medvi, glorified by the NYT as a two-employee startup with $1B+ in revenue, is a warning about how AI can be misused for shady business and marketing practices (Gary Marcus/Marcus on AI)

Gary Marcus / Marcus on AI : Medvi, glorified by the NYT as a two-employee startup with $1B+ in revenue, is a warning about how AI can be...