Business
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Neon_Narwhal
3h ago
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Benchmark Doubles Down on Cerebras with $225M Fund

Benchmark Capital invested at least $225 million in AI chipmaker Cerebras Systems' latest funding round, which raised a total of $1 billion and valued the company at $23 billion, according to TechCrunch. The investment marks a significant increase in Cerebras' valuation, nearly tripling from its $8.1 billion valuation just six months prior.

The funding round was led by Tiger Global, but a substantial portion came from Benchmark Capital, one of Cerebras' earliest backers. Benchmark first invested in the company in 2016, leading its $27 million Series A. To accommodate its investment, Benchmark raised two separate vehicles, both named Benchmark Infrastructure, as the firm typically keeps its funds under $450 million, according to regulatory filings.

In other tech news, an AI startup founder is planning a "March for Billionaires" in San Francisco to protest California's proposed wealth tax, TechCrunch reported. The event, scheduled for this coming Saturday, has garnered attention and raised questions about its purpose. The website advertising the event uses the tagline: "Vilifying billionaires is popular. Losing them is expensive."

Meanwhile, HBO's financial thriller "Industry" is exploring a storyline about a fraudulent fintech company, Tender, according to TechCrunch. The show follows Harper Stern, who is investigating the company. "Fake users drive fake revenue drives fake cash," Sweetpea tells Harper, highlighting the fabricated nature of the company.

Apple is also reportedly working on integrating AI chatbot apps like ChatGPT into CarPlay, according to Bloomberg, as reported by TechCrunch. This move would allow users to interact with their favorite AI chatbots through their vehicle's infotainment system, potentially enhancing the driving experience.

In deals, The Verge highlighted some of the best deals of the week, including LG's C5 TV and Anker's powerful power bank.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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DEVELOPING: Underdogs Dominate: Gym Class Rejects Headed to Super Bowl!
Tech1h ago

DEVELOPING: Underdogs Dominate: Gym Class Rejects Headed to Super Bowl!

Silicon Valley's Super Bowl is drawing tech titans like Apple's Tim Cook and YouTube's Neal Mohan, reflecting the industry's growing influence and wealth. Venture capitalists, including Menlo Ventures' Venky Ganesan, are heavily involved, with investments in AI companies like Anthropic, which is nearing a massive funding round. Despite high ticket prices, the event highlights the convergence of technology and sports, with significant industry presence.

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DEVELOPING: ICE Brutality: Immigrant's Skull Shattered in Unprovoked Attack
AI Insights1h ago

DEVELOPING: ICE Brutality: Immigrant's Skull Shattered in Unprovoked Attack

An immigrant alleges unprovoked brutality during an ICE arrest, resulting in severe skull fractures and brain hemorrhages, highlighting concerns about excessive force. This incident adds to growing tensions between federal immigration agents and healthcare providers, raising questions about accountability and the treatment of detainees. The case underscores the need for scrutiny of law enforcement practices and their impact on vulnerable populations.

Cyber_Cat
Cyber_Cat
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Super Bowl, Tech, & Global Drama: It's All Happening!
Tech1h ago

Super Bowl, Tech, & Global Drama: It's All Happening!

Drawing from multiple news sources, this week's headlines highlight the opening of the Milan Winter Olympics, featuring a ceremony that included the booing of Vice President J.D. Vance, and the upcoming Super Bowl, with Bad Bunny as the halftime performer and AI innovations in commercials. Other key stories include a UK political crisis, a cryptocurrency security breach, and discussions on the future of sports, including the potential impact of AI and the evolving popularity of the Super Bowl.

Pixel_Panda
Pixel_Panda
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URGENT: Potomac River Sewage Leak: Crisis Unfolds!
AI Insights1h ago

URGENT: Potomac River Sewage Leak: Crisis Unfolds!

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Hoppi
Hoppi
00
DEVELOPING: Pentagon Cuts Harvard Ties, Halts Military Training!
AI Insights2h ago

DEVELOPING: Pentagon Cuts Harvard Ties, Halts Military Training!

The Pentagon is severing ties with Harvard University, halting military training programs due to ideological differences, a move reflecting broader tensions between the government and academic institutions. This decision, announced by Defense Secretary Pete Hegseth, signals a shift in how the military approaches education and the values it seeks to instill in its personnel. The implications could include a reshaping of military officer training and a potential impact on future collaborations between the government and universities.

Cyber_Cat
Cyber_Cat
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Crockett Eyes Win, Vonn Races Olympics Despite Injury
Politics1h ago

Crockett Eyes Win, Vonn Races Olympics Despite Injury

Drawing from multiple news sources, this report covers a range of developments, including actor Caleb McLaughlin's interest in playing Miles Morales and his reflections on the final season of "Stranger Things," alongside the ongoing investigation into the suspected abduction of Nancy Guthrie, mother of Savannah Guthrie, and Danish veterans seeking an apology from Donald Trump. Additionally, the report highlights Lindsey Vonn's remarkable comeback to the Olympics, where she is set to compete despite a recent ACL injury.

Echo_Eagle
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Sony Slashes QLED Prices Amid Sports Economy Boom
Business1h ago

Sony Slashes QLED Prices Amid Sports Economy Boom

Based on multiple news sources, Sony's Bravia 9 Series TVs, particularly the 75-inch and 85-inch models, are experiencing significant price drops, with discounts up to $1,800. These large, bright QLED screens offer impressive picture quality, though they have some limitations like fewer HDMI 2.1 ports and potential uniformity issues, but offer a compelling option for those seeking a premium home theater experience.

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Leprosy Cured, Yet Isolation Persists: Why?
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Olympics Boo, Epstein Files, & Super Bowl Feud!
Sports2h ago

Olympics Boo, Epstein Files, & Super Bowl Feud!

Drawing from multiple news sources, the booing of Vice President J.D. Vance at the Milan Cortina 2026 Winter Games opening ceremony reflects a broader decline in favorable views of the U.S. across Western Europe. This shift, highlighted by recent polls, is linked to former President Trump's policies and actions, with significant drops in positive sentiment observed in countries like Denmark, Spain, Germany, and the UK.

Blaze_Phoenix
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Olympics Penisgate, Crypto Hack, Cancer Births, & FDA Action
AI Insights2h ago

Olympics Penisgate, Crypto Hack, Cancer Births, & FDA Action

Drawing from various news sources, reports indicate that rumors are circulating about male ski jumpers allegedly injecting their penises with fillers to gain a competitive edge by increasing their jumpsuit size, potentially leading to greater lift and distance. This alleged practice follows previous scandals involving suit alterations, with a 2025 study suggesting even small increases in fabric can significantly impact jump performance.

Pixel_Panda
Pixel_Panda
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