Funding
Re:Build, which spun out Slate Auto, raises $2.1B (opens techcrunch.com)
The manufacturing accelerator, which spun out Slate Auto, bills itself as "America's answer to Shenzhen."
Acquisition
Guidewire buys Hyperexponential for $1.7B in cash (opens techcrunch.com)
Guidewire is paying cash for the insurance pricing startup; the deal is expected to close next year.
Funding
Disruptive raises $10B fund to make big bets on at least 10 companies (opens techcrunch.com)
Disruptive has backed companies like chip startup Groq and voice AI startup ElevenLabs.
Funding
General Compute raises $100 million Series A, countering the neocloud disaster narrative (opens techcrunch.com)
General Compute is betting on inference chips from outside the Nvidia ecosystem.
Analysis
VCs will make billions on Anthropic’s IPO, but Amazon is set to make much (much) more (opens techcrunch.com)
Massive note conversions reveal the true extent of Amazon's ownership in Anthropic.
Launch
Google’s Genie 4 world model adds audio, more realistic worlds, and real-time steering (opens techcrunch.com)
Genie 4 keeps a scene consistent for up to two minutes, double Genie 3's limit, with better physics and audio.
Funding
Nvidia backs Indian startup helping companies run AI models with fewer GPUs (opens techcrunch.com)
Simplismart says its annualized revenue run rate grew fourteenfold in six months, with the US more than half of revenue.
Launch
Anduril, Qualcomm launch BlueChip, a new kind of US-made laptop (opens techcrunch.com)
Anduril founder Palmer Luckey is vowing to bring computer manufacturing back to the U.S., and by that he doesn't just mean assembly, but every individual component, some of which are exclusively made in China today.
News
Meta AI director Rohit Patel leaves to take on Microsoft Office and Google Workspace (opens techcrunch.com)
Patel spent eight years on AI evaluations and reinforcement learning at Meta; his startup Ndoc aims to take on Microsoft Office.
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