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Harmonic, a startup co-founded by Robinhood CEO Vlad Tenev that aims to build AI better at math than humans, raised a $100M Series B at a $875M valuation (@kateclarktweets / Bloomberg) bloomberg.com/news/articles/… techmeme.com/250710/p33#a25… x.com/Techmeme/statu…

Exclusive coverage of Harmonic $100M Series B by Kate Clark bloomberg.com/news/articles/…

Our story on the Windsurf-OpenAI deal fallout: bloomberg.com/news/articles/…

Google will pay $2.4 billion for top talent & licensing rights from AI coding startup Windsurf following the collapse of Windsurf’s agreement to be bought by OpenAI: bloomberg.com/news/articles/…

Sources: Google is paying $2.4B for a nonexclusive license to certain Windsurf tech and hire some of its employees, but won't be taking a stake in the company (Bloomberg) bloomberg.com/news/articles/… techmeme.com/250711/p33#a25… x.com/Techmeme/statu…

Cognition AI agrees to buy what's remaining of Windsurf after Google agreed to pay $2.4 billion for Windsurf's top talent and licensing rights. bloomberg.com/news/articles/…

When Benchmark led a $75 million funding round in startup Manus, it was surprised to find other investors crying foul. bloomberg.com/news/articles/…

Jeff and Scott join us on Bloomberg Technology tomorrow. I will be in New York (maybe)

Layoffs at Scale one month after Meta investment, per Shirin Ghaffary & Rachel Metz bloomberg.com/news/articles/…

Scoop: Boris Cherny and Cat Wu are back at Anthropic, two weeks after joining Cursor. 🤯🤯🤯 theinformation.com/briefings/anth…

Exclusive: For Jeffrey Epstein’s 50th birthday, friends created a book of bawdy letters. One was from Donald Trump. on.wsj.com/3TL8s7C

China’s largest venture capital houses are tapping the market for at least $2 billion in new funds, re-engaging with the country’s startups in a signal of renewed global investor interest in areas from AI to toys. bloomberg.com/news/articles/… Zheping Huang Echo Wong

Some breaking news w/ Jill R. Shah - Christine Hunsicker, the ex CEO of fashion platform CaaStle, has surrendered to US authorities this morning to face criminal charges. Follows the collapse of her tech startup earlier this year. Bloomberg

scoop

SCOOP: Leaked memo from Anthropic CEO Dario Amodei outlines the startup's plans to seek investment from the United Arab Emirates and Qatar. “Unfortunately, I think ‘no bad person should ever benefit from our success’ is a pretty difficult principle to run a business on.”

A statement regarding The Wall Street Journal

OpenStore is slashing its valuation in a new round of funding as it prepares to narrow its focus to building up menswear brand Jack Archer bloomberg.com/news/articles/…

Sources: e-commerce startup OpenStore, co-founded by Keith Rabois, is raising a $15M Series C at a valuation of just $50M, down from $970M in September 2022 (@kateclarktweets / Bloomberg) bloomberg.com/news/articles/… techmeme.com/250725/p30#a25… x.com/Techmeme/statu…