Prezent, a startup empowering customers to build slide decks using generative AI, has raised $20 million as it further develops and refines its AI models for different use cases and expands into new markets. AI has many different applications — one of which is generating decks for business presentations, as it turns out. Off-the-shelf models
Josh Raffaelli, who has deep roots as a Silicon Valley investor and has backed a number of Elon Musk companies, is suing former employer, the massive trillion-dollar AUM Brookfield Asset Management, reports The New York Times. Much of Raffaelli’s complaint concerns how Brookfield covered pandemic-related real estate losses and alleges the company fired him after
Microsoft employees aren’t allowed to use DeepSeek due to data security and propaganda concerns, Microsoft Vice Chairman and President Brad Smith said in a Senate hearing today. “At Microsoft we don’t allow our employees to use the DeepSeek app,” Smith said, referring to DeepSeek’s application service (which is available on both desktop and mobile). Smith
X timelines aren’t updating for many users. Sometime Thursday night, timelines stopped updating for a number of users on X, the social network owned by billionaire Elon Musk. Many users report that their notifications stopped working yesterday, meaning they aren’t being alerted to new posts by the people they follow on X. This reporter is experiencing
Google and nuclear site developer Elementl Power announced this week that they will work together on three sites for advanced nuclear reactors. The tech company has been rushing to lock up energy sources as its AI ambitions drive growing power demands at its data centers. This year alone, Google plans to spend $75 billion building
Microsoft Build, Microsoft’s biggest event of the year, is on the horizon. It’s scheduled to start May 19 at the Seattle Convention Center, and it’ll run through May 22. The keynote address featuring Microsoft CEO Satya Nadella and CTO Kevin Scott will take place May 19 at 9:05 a.m. PT. That’ll be followed by a
HR tech startup Rippling has raised a $450 million Series G round at a $16.8 billion valuation, the company confirmed. It is also conducting a $200 million tender offer to give current and former employees some liquidity. The equity raise marks a big jump in valuation from a year ago. In April 2024, Rippling was
Serena-backed tech FDA approval for home cervical cancer test. For the first time, the FDA has just approved a device that lets people screen for cervical cancer from home. Known as the Teal Wand, from the company Teal Health, the prescription device lets patients self-collect samples and mail them to a lab to receive the
Fortnite maker Epic Games and Spotify are testing Apple’s new App Store policies by submitting apps for review that would have previously never been allowed. On Friday, both companies submitted new versions of their respective apps to Apple’s App Review. For Epic Games, it would mean the return of Fortnite to the App Store. Apple
The U.S. Department of Labor has dropped its investigation into Scale AI’s compliance with the Fair Labor Standards Act (FLSA), according to a source directly familiar with the matter. The FLSA is a federal law that regulates misclassification of employees as independent contractors and unpaid wages. TechCrunch first reported that Scale was the subject of
