In Brief

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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GM cuts thousands of EV and battery factory workers

General Motors is laying off thousands of workers across multiple electric vehicle and battery plants in the U.S., according to multiple outlets. Around 1,200 employees at the company’s EV factory in Detroit, Michigan, are being placed on “indefinite layoff.” Further cuts and temporary layoffs are being made at GM’s Ultium Cells battery factories in Ohio

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Electric aircraft startup Beta Technologies seeks to raise $825M in IPO

Electric aviation startup Beta Technologies has priced shares for its initial public offering between $27 and $33, in hopes of raising as much as $825 million, according to a regulatory document filed with the U.S. Securities and Exchange Commission. If the company attracts investors at the top of that range it will debut with a

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CharacterAI removes Disney characters after receiving cease-and-desist letter

Character.AI received a cease-and-desist letter from Disney, urging the chatbot company to remove Disney characters from among the millions of AI companions on its platform, Variety reports. The company allows users to generate AI chatbots that can range from real people like Elon Musk to fictional characters like Hermione Granger, plus users’ own original creations.

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Tesla asks EPA not to roll back emissions rules as Trump calls climate change a ‘con job’

Tesla has asked the Environmental Protection Agency not to roll back current vehicle emissions standards, breaking from other major automakers who want to see the rules eased. The company’s request comes the same week that President Donald Trump — who Tesla CEO Elon Musk spent $300 million to help elect — told the United Nations

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Warner Bros. sues Midjourney for AI images of Superman, Batman, and other characters

Warner Bros. is suing AI startup Midjourney for copyright infringement, alleging that the company allows users to generate images and videos of characters like Superman, Batman, and Bugs Bunny without permission. As first reported by Reuters, Warner Bros. says that Midjourney knowingly engaged in wrongful conduct, noting that the company previously restricted subscribers from generating

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