The woman who built PyTorch at Meta just raised .5B on a bet that Big Tech shouldn’t own AI — TFN

The woman who built PyTorch at Meta just raised $1.5B on a bet that Big Tech shouldn’t own AI — TFN

Fireworks AI raises $1.505 billion Sequence D at a $17.5 billion valuation, led by Atreides Administration, Index Ventures, and TCV, with NVIDIA, Lightspeed, and Evantic additionally taking part. The spherical arrives as the corporate crosses $1 billion in annualised income — up fivefold year-over-year — and each day token quantity grows from 15 trillion to... Read More

Finance

July 17, 2026

Are Mass AI-Driven Layoffs A Boomerang?

High view of various enterprise group in workplace assembly, collaborating and discussing round a big desk. getty Ever since most individuals discovered concerning the evolving nature of LLMs, the place AI can “do what folks do,” to an extent, job displacement has been worry #1, however different considerations about SkyNet, and so forth. In spite... Read More

Sustainability

July 17, 2026

A Physicist Says One Problem Could Sink Musk’s Mars Ambitions

An astrophysicist is giving Elon Musk’s dream of life on Mars a actuality test. The SpaceX CEO has lengthy set the formidable purpose of constructing a self-sustaining city on Mars as a backup for human civilization if Earth suffers a disaster. Astrophysicist and science journalist Adam Becker says the largest impediment to Musk’s dream is... Read More

Business