Valor Equity Partners looks to raise a $2.5B Fund VII, per Bloomberg

New details have emerged about Valor’s latest fund, which last year announced it was raising an unspecified amount of capital.

Superhuman acquires AI detection startup GPTZero

Superhuman, which also has an AI detection tool as part of Grammarly, has snapped up GPTZero.

Apple opens up App Store to new competition in Brazil

Apple’s grip on iPhone app distribution is loosening in another major market: Brazil.

World model maker Odyssey nabs $1.45B valuation backed by Amazon and other big names

World models are the next big thing in AI beyond LLMs and, with this round, Odyssey has cemented itself as one of the startups to watch.

SpaceX valuation balloons to $2.6T, briefly passes Amazon

SpaceX’s valuation has increased by $1 trillion since its shares started trading on Friday.

Mistral is rumored to be raising €3B at €20B valuation

The funding round would value the company at around €20 billion (about $23.15 billion), nearly double its Series C valuation of €11.7 billion.

Chinese cybercrime operation that used AI to scam ‘hundreds of thousands of victims’ sued by Google

The tech giant said a group called “Outsider Enterprise” used AI to scam hundreds of thousands of victims, sending 2.5 million text messages over a span of two weeks.

Robinhood sees ‘record-breaking’ traffic after SpaceX stock debuts

The trading platform says some customers experienced intermittent disruptions, but those issues have resolved.