Christoph Schell, Intel’s EVP and chief commercial officer, is leaving the company after two years in the role, according to a filing with the SEC. Schell notified Intel of his decision to leave on Monday, and will resign on June 30 “in order to pursue another career opportunity,” per the filing. It isn’t clear who will replace […]

The U.K. grocery and retail giant said the unspecified cyber incident is affecting its back office and call centers.

Kintsugi, a Silicon Valley-based startup that helps companies offload and automate their sales tax compliance, has raised $18 million in new funding led by global indirect tax technology solution provider Vertex. The startup plans to enable more small and medium businesses to use its AI-enabled capabilities for tax calculations and filings. The ongoing growth of […]

The crush of traffic going into training and running AI has quickly turned into a major cost and resource headache for organizations. Today, Cast AI, a startup building tools to ease and optimize workloads for AI and other tasks with automation, is raising a major round of funding on the back of strong growth and […]

Chinese AI lab DeepSeek has quietly updated Prover, its AI model that’s designed to solve math-related proofs and theorems. According to South China Morning Post, DeepSeek uploaded the latest version of Prover, V2, to AI dev platform, Hugging Face, late on Wednesday. It appears to be built on top of the startup’s V3 model, which […]

Supio, a startup that uses AI to automate data collection and analysis for legal teams, has raised $60 million in a funding round led by Sapphire Ventures with participation from Mayfield and Thomson Reuters Ventures. The new capital, which brings Supio’s total raised to $91 million, will be put toward growth, hiring, and go-to-market efforts, […]

X is now allowing select creators to upload videos in 4K resolution, and will roll out the feature to all premium subscribers soon.

OpenAI has published a postmortem on the recent sycophancy issues with the default AI model powering ChatGPT, GPT-4o — issues that forced the company to roll back an update to the model released last week. Over the weekend, following the GPT-4o model update, users on social media noted that ChatGPT began responding in an overly […]

Eight years after joining Benchmark as the firm’s first woman general partner, Sarah Tavel announced on X that she is transitioning to a more limited role at the storied venture firm. In her new position as a venture partner, Tavel will continue to make investments and serve on existing company boards, but she will have […]

On Tuesday, Meta held its first-ever AI developer conference, LlamaCon, at its Menlo Park, California headquarters. The company announced the launch of a consumer-facing Meta AI chatbot app, which will compete with ChatGPT, as well as a developer-facing API for accessing Llama models in the cloud. Both releases aim to expand adoption of the company’s […]