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Author: bibhuti
General Intuition, the New York-based startup building a foundation model that trains AI agents how to move through space and time, is in talks to raise around $300 million, sources familiar with the matter told TechCrunch. The raise comes eight months after General Intuition spun out of Medal, a platform for uploading and sharing video game clips, with a $134 million seed round. The fresh funds would bring the startup’s valuation up to just over $2 billion, sources say. Sources tell TechCrunch General Intuition has secured funds from backers, including Jeff Bezos and Eric Schmidt, as well as existing investors…
There is now $15 billion sitting in three securities being marketed to bitcoin holders as the safer, smarter way to access bitcoin exposure: Strategy’s preferred stack, STRC, and SATA. The pitch is identical across all three. Tax-favored. 11.5% income. Backed by bitcoin. Money-market risk. 82.7% of the buyer base is retail. Every word of that pitch is wrong, and the security those buyers actually own is built to fail in exactly the bitcoin environment it claims to harness. The Pitch Is a Story. The Capital Structure Is the Truth STRC is an unsecured, subordinated, perpetual preferred equity. No maturity date.…
As Wordle celebrates its fifth anniversary, we have to be honest with ourselves: Are we still having fun, thousands of Wordles later? Sometimes, we are — but other times, the daily word game has felt like a means to keep a streak alive. Instead, my friends and I have gotten hooked on a new game, MapTap, which is available both as an app and on the web. Every day, MapTap has five questions, each one presenting you with a city (or, occasionally, the site of a historic event or battle) to tap on the map. You get a score between…
Deputy Chief Constable Paul Court was responding to police and crime commissioner Katy Bourne who asked whether there was “two-tier policing” in Sussex. Mrs Bourne asked the question at a “performance and accountability meeting” on Thursday (June 18) after what she said were “issues in Hampshire”. Violent protests took place in Southampton after Vickrum Digwa received a life sentence for the murder of Henry Nowak, with two people arrested amid claims of two-tier policing. The claims arose after Digwa, a Sikh, appeared to have been believed when claiming that his victim attacked him. Nowak, an 18-year-old student, was handcuffed and…
Brazil is home to Latin America’s largest economy and one of its most ambitious tech ecosystems, and the Internet of Things is quickly becoming one of its standout sectors. From smart agriculture in the country’s vast agribusiness heartlands to connected logistics, fintech-driven IoT solutions and smart city initiatives in major urban centres like São Paulo and Rio de Janeiro, Brazilian startups are finding inventive ways to apply connected technology to the country’s unique scale and challenges. As 5G rollout accelerates and investment in tech continues to grow, Brazil’s IoT startup scene is positioning itself as one to watch, not just…
According to Bloomberg, U.S. Commerce Secretary Howard Lutnick has, in a series of recent meetings, told senior ASML executives he’s concerned that one of the Dutch chipmaker’s extreme ultraviolet lithography machines — the EUV systems that are the only tools on Earth capable of printing the most advanced semiconductor patterns — may have ended up in China. That would be a major breach of export controls that have barred ASML from selling EUV to China since the first Trump administration. It’s a serious claim. Senior administration officials told Bloomberg they have evidence that ASML shipped EUV-related components and transport equipment…
Friday 19 June 2026 9:01 am | Updated: Friday 19 June 2026 9:02 am GRIDSERVE, the UK’s most-used public EV charging network, today announced that its national network has achieved revenues of £64 million for the period ending 31 December 2025. This reflects 45% year-on-year growth as the business continued to demonstrate the strength and scalability of its model and the commercial viability of large-scale public EV charging in the UK, despite a challenging policy environment. The network also delivered EBITDA of £26 million and a margin of 40%. Revenues have grown at a compound annual growth rate (CAGR) of 55%…
The Duke Street factory was evacuated yesterday after what the company described as a “localised fire incident”, with all colleagues said to have been “quickly and safely” led from the building. In a statement, Hovis said: “We are aware of a localised fire incident that took place at our Glasgow bakery today, on 18th June. “All our colleagues were quickly and safely evacuated, the emergency services attended and we can confirm there were no injuries. The safety of our colleagues is paramount. “Emergency services have now completed their duties, and we are currently working to investigate the cause and assess the…
The male suspect arrived by taxi, he punched the victim, and then left in the taxi.09:01, 19 Jun 2026Updated 09:06, 19 Jun 202630-year-old Carl Holland was the victim of an assault in West Belfast on Friday night(Image: PSNI)A man has died following an assault outside a bar in West Belfast on Friday. 30-year-old Carl Holland, who was from the local area, was assaulted outside a licensed premises on the Suffolk Road on Friday night, June 12.It is understood that a verbal altercation occurred at the venue earlier that evening. Later, the male suspect arrived by taxi, punched the victim, and…
Fish farmers, techies and researchers during the installation of the sensor-mounted buoys near Dunga Beach on Lake Victoria in 2025. The sensor transmits data to servers hosting an AI early warning system that in turn transmits text messages to the farmers whenever conditions turn worse for fish in the lake. Copyright: Photo courtesy of ShoShin Innovation Hub Source link
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