AI Startup Anysphere Fields VC Offers at Over $18 Billion Valuation
[Investing]
2025/06/19 09:08
Silicon Valley investors are anxious to back the startup they say is the fastest growing of all time.Anysphere Inc., the developer of AI code editor Cursor, has been approached by investors about a funding deal that would value the startup at $18 billion to $20 billion.The company, which surpassed $500 million in annualized revenue, may not need the cash but could choose to add more capital to...
(PDF) Accenture - Unlocking Alpha In Deals
[Investing]
2025/06/19 09:07
New technologies are helping deal teams identify and assess targets faster, refine bids with greater precision and craft more effective value creation plans.Still, investments in these technologies lag their perceived potential—a gap especially stark in post-deal execution.Dealmakers who embed next-gen technologies, equip their teams to use them effectively and partner strategically are pullin...
French Travel Brand Drops Santorini And Mykonos In Bid To Make Overtourism Uncool
[Business]
2025/06/19 09:06
Evaneos has taken a stance against overtourism by removing Santorini and Mykonos from its summer offerings.The B Corp-certified company launched a provocative campaign across Paris, drawing parallels between overcrowded tourist hotspots and the chaos of rush-hour public transit. The ads juxtapose 'idyllic' destinations with sardine-packed metro carriages and compare the slim odds of snagging a...
Yupp, Platform for Discovering, Comparing, and Using AI Tools, Has Raised $33M
[Investing]
2025/06/19 09:05
AI startup Yupp has raised $33 million in a seed funding round led by a16z crypto, founded by a team of veterans from Coinbase, Google, and X.Yupp is a free platform that allows users to compare answers from multiple AI models side by side, using crypto rails for rewards and payouts.AI startup Yupp has emerged from stealth, with a16z crypto announcing it led a $33 million seed funding round for...
(Infographic) Why Consumers Trust UGC More Than Traditional Ads
[Consumer]
2025/06/19 09:04
Branded feeds are overcrowded, so brands now cut through the noise with the real stuff: user-generated content (UGC).UGC is word-of-mouth for the digital age – trust-building, conversion-boosting, and scalable without a studio budget. Any original photo, video, review, or testimonial your customers post about you – none of it is scripted by a marketing team.And it converts – shoppers are mor...
The End of Glitter ?
[Consumer]
2025/06/19 09:03
“Glow” has replaced “glam” as beauty’s vibe-du-jour, making pearlescent powder and face gloss more in-demand — and bumping glitter from the industry’s VIP ingredient list.After decades of cosmetic dominance, the tide may be turning on glitter-based formulas in favor of alternatives that temper down the shimmer. Welcome back to Haul of Fame, your must-read beauty roundup for new products,...
(Patent) Nvidia Filed A Patent Application for “Multimodal Object Detection For Autonomous Systems”
[Tech]
2025/06/18 09:10
Nvidia wants to make sure its robots can see straight. The company filed a patent application for “multimodal object detection for autonomous systems and applications,” a hazard-identification system that collects data from multiple sensors over time to enable more robust risk awareness.Consistently using data from sensors including lidar, radar and cameras would enable the system to estimate...
At Art Basel, Dealers Reap Rewards By Sidestepping Politics and War
[Business]
2025/06/18 09:09
The fair featured a preponderance of safe, apolitical works—which played to the mood of buyers.Larry Gagosian sat at his booth at Art Basel, overseeing a presentation that included an early Cy Twombly painting priced at over $30 million, and reported selling quite a few things despite the state of the world.Dealers brought "safe" and "apolitical" artworks to the fair, avoiding controversy, due...
When Is AGI Coming ? These Experts Have It Figured It Out
[Tech]
2025/06/18 09:08
We’re keeping them honest with the Sherwood News AGI Prediction Tracker.Can you feel the AGI? It’s coming.At least that’s what a lot of big names in AI are saying. While there isn’t even an agreed upon definition of what AGI — artificial general intelligence — is, these AI guys are confident enough to say it is going to happen, and they know when (give or take a few years).The definition...
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