Cade Metz / New York Times: Richard Socher’s Recursive Superintelligence Raised Over $650M From GV, Greycroft, Nvidia, AMD and Others…
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- A draft EU proposal dated June 30 shows the bloc considering looser climate impact rules for gas-fired data centers, after intense lobbying from tech groups (Financial Times)
- India-based parent company of short-form video app ShareChat, Mohalla Tech, plans to raise up to $400 million in an IPO in 2027; ShareChat has around 65 million monthly micro-drama viewers (Sankalp Phartiyal/Bloomberg)
- Trump fears no one will show up for his July 4 speech
- Higharc, which uses AI to help homebuilders with design and construction, raised a $95 million Series C round led by Insight Partners, bringing its total funding to more than $170 million (Lauren Ohnesorge/Triangle Business Journal)
- Automakers report mixed U.S. sales results as hybrids drive market
- Alex Karp calls U.S. reliance on AI labs for military technology ‘crazy,’ discusses AI costs for businesses and touts Palantir’s Nvidia Nemotron deal for U.S. agencies (Ty Roush/Forbes)
- A sign of cautious reconciliation between Japan and South Korea – The Diplomat
- Venice AI, which provides access to more than 200 AI models while allowing users to maintain their privacy, raised a $65 million Series A led by Dragonfly at a valuation of $1 billion (Ram Iyer/TechCrunch)
