In Brief

Fleet Space finds massive lithium deposit using AI and satellites

Startup Fleet Space announced yesterday that it used its satellite-powered AI system to expand the scope of an already massive lithium deposit in Quebec. Finding a mineral resource isn’t easy. Only about three in 1,000 potential deposits end up becoming commercially viable, and it can take years to prove it by drilling core samples. Fleet

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OpenAI learned the hard way that Cameo trademarked the word ‘cameo’

OpenAI’s social app Sora launched with a controversial feature called Cameo, allowing users to deepfake themselves or others (with permission). The feature had a tenuous rollout — Martin Luther King Jr.’s estate had to get involved, to give you an idea of what went on — but now it faces a new challenge. Apparently, Cameo

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Coding assistant Cursor raises $2.3B 5 months after its previous round

Developer AI coding tool Cursor continues to gobble up venture capital as its valuation keeps climbing. On Thursday, Cursor announced a $2.3 billion funding round that valued the company at $29.3 billion, as originally reported by the Wall Street Journal. This round more than doubles the company’s previous valuation of $9.9 billion, which it achieved

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Chris Sacca’s VC firm is raising a second nuclear fusion fund 

Chris Sacca’s venture firm Lowercarbon Capital is raising a second fund to back nuclear fusion energy hopefuls, the VC said at the SOSV Climate Tech Summit on Thursday, as reported by Bloomberg.   The firm has backed leading fusion startup Commonwealth Fusion Systems, as well as others like Pacific Fusion. It raised a $250 million, fusion-geared fund in 2022. Fusion believers, who include a number

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Sam Altman says OpenAI has $20B ARR and about $1.4 trillion in data center commitments

Rarely has a month gone by in 2025 without OpenAI signing another multibillion-dollar data center deal. In a lengthy post on X on Thursday, OpenAI CEO Sam Altman publicly clarified the totals. “We expect to end this year above $20 billion in annualized revenue run rate and grow to hundreds of billion by 2030. We

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Facebook Groups can now go public without exposing members’ private posts

Meta on Monday announced an update to Facebook Groups that will allow admins to make their previously private groups public, without compromising the privacy of their existing members. The company said that past content will remain private after the conversion, and member lists will remain protected. Often, admins start their groups as private, thinking they

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