In terms of fundraising, Super{set} has added $90 million to its war chest, Blueground has raised a $45 million Series D round, and Wase has secured $10 million for its compact system that turns waste into biogas. New Summit Investments is targeting a $100 million fund for impact investing, and Ionobell has closed a $3.9 million extension round for its silicon material for EV batteries. Other notable stories include Marissa Mayer's startup Sunshine's pivot to managing contacts and sharing photos, AT&T's data breach, Apple's takedown of Beeper's iMessage for Android, Glassdoor's privacy issues, and Spotify's venture into e-learning.
Key takeaways:
- Stability AI's founder and CEO, Emad Mostaque, has left the company to pursue decentralized AI, leaving the company in the hands of interim co-CEOs Shan Shan Wong and Christian Laforte.
- Microsoft has acquired the co-founders and much of the staff of Inflection AI, along with the rights to use their tech, for $650 million.
- EV startup Fisker has been delisted from the New York Stock Exchange due to its "abnormally low" stock prices, and the company is facing financial difficulties.
- Super{set} has raised $90 million to invest in data and AI-driven enterprise startups, while Blueground has raised $45 million in a Series D funding round to expand its furnished apartment rental service.