Parallel Web Systems hits $2B valuation five months after its last big raise

The AI agent-tool startup founded by former Twitter CEO Parag Agrawal has raised $100 million, led by Sequoia, months after raising a previous $100 million.

Match Group invests $100M in Sniffies, a cruising app for gay men

The app is Match Group’s newest attempt to get mobile users excited about online romance again.

Palantir is reportedly helping the IRS investigate financial crimes

The IRS has used Palantir’s software since at least 2018, The Intercept reports.

France confirms data breach at government agency that manages citizens’ IDs

The French government agency that issues and manages national IDs, passports, and other documents announced that hackers stole the personal information of an unspecified number of citizens.

Anthropic takes $5B from Amazon and pledges $100B in cloud spending in return

Amazon has made another circular AI deal: It’s investing another $5 billion in Anthropic. Anthropic has agreed to spend $100 billion on AWS in return.

Factory hits $1.5B valuation to build AI coding for enterprises

The three-year-old startup raised $150 million led by Khosla Ventures.

Upscale AI in talks to raise at $2B valuation, says report

AI infrastructure company Upscale AI is reportedly in talks to raise its third funding round since launching just seven months ago.

European police email 75,000 people asking them to stop DDoS attacks

Europol coordinated an operation against for-hire distributed denial-of-service (DDoS) services, including the arrest of four people and the takedown of 53 domains.

Anthropic CPO leaves Figma’s board after reports he will offer a competing product

Krieger’s departure and any forthcoming design tools will be another data point for investors who fear the SaaSpocalypse — that the largest AI labs will come to dominate software businesses, a thesis that has rocked public markets at times this year.

Bluesky confirms DDoS attack is cause of continued app outages

Bluesky has been experiencing ongoing service disruptions since just before 3 a.m. ET. on April 15.