Glow, a cybersecurity startup founded by former Meta and Snowflake executives, emerged from stealth as a unicorn, betting that artificial intelligence is changing the way companies protect employee devices. The Palo Alto-based startup said Wednesday it raised $180 million in an all-equity Series A funding round that valued it at $1.2 billion, with backing from
The war with Iran has cost the United States about $37.5 billion (£28 billion) so far, an increase of almost $8 billion since the last estimate in May, Defense Secretary Pete Hegseth said. In his first appearance before the Senate Appropriations Committee since the conflict resumed, Hegseth said it would be necessary to reduce military
The price tag for General Motors’ electric vehicle reboot has soared to nearly $11 billion. During the automaker’s Tuesday earnings update, executives said GM recorded an electric vehicle-related charge of nearly $2.3 billion in the most recent quarter. That brings the automaker’s total related costs to $10.9 billion from the second half of 2025, as
Anthropic can finally start writing checks to a group of book authors and publishers who sued the AI lab for copyright infringement. A federal judge on Monday gave final approval to Anthropic’s landmark $1.5 billion settlement in a copyright class action lawsuit, Reuters reported. Judge William Alsup of the U.S. District Court for the Northern
When de-extinction startup Colossal Biosciences revealed last year that it was attempting to “resurrect” the dire wolf from genetic material found in fossils, we argued that, despite the controversy surrounding the project, the company was building valuable technologies that justify its $10.2 billion valuation. Now, about 16 months later, the startup is in talks to
Paramount Skydance’s proposed acquisition of Warner Bros. Discovery has hit a roadblock after a judge temporarily halted the deal in response to a lawsuit filed by a coalition of 12 state attorneys general who argue the merger would harm competition. U.S. District Judge Araceli Martínez-Olguín issued a 14-day pause Monday after hearing arguments from both