Index Ventures raises $2B across three new funds, boosting war chest to $3.5B

·2 views

Index Ventures has raised $2 billion spread across three new funds, significantly expanding its investment capacity. The fundraise comes shortly after the firm benefited from the high-profile Wiz acquisition payout. With this new capital, Index's total available investing funds now stand at $3.5 billion. The raise signals continued strong appetite from limited partners for venture capital despite a challenging funding environment.

Read the full story at TechCrunch

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Likely illegally, Claude gained access to 3 networks. Will Anthropic be held to account?

Had the hacks used conventional methods, someone would likely go to prison.

0 comments Read more at Ars Technica

TechnologyArs Technica ·

Google pulls AI tool that generated fake satellite images over misinformation fears

Google has retracted an AI-powered tool within Google Earth that was capable of generating fabricated satellite imagery. The decision came amid serious concerns that the feature could be used to spread misinformation. Critics and observers questioned the rationale behind releasing such a tool in the first place. The walk-back highlights growing scrutiny over how tech companies deploy generative AI in products with real-world geographic and geopolitical implications.

0 comments Read more at Ars Technica

TechnologyTechCrunch ·

Google pulls Earth AI image tool within 24 hours after misinformation concerns

Google has removed an AI-powered feature from Google Earth just one day after it was launched. The tool enabled users to generate artificial AI images and overlay them onto real satellite maps. The feature quickly drew criticism from users and observers who warned it could be used to spread misinformation. Google responded to the backlash by taking the tool down, though the company has not yet detailed its next steps for the feature.

0 comments Read more at TechCrunch

TechnologyThe Verge ·

Apple AirTag 4-Pack Drops to All-Time Low Price of $89 at Amazon and Target

Apple's second-generation AirTag four-pack is currently available for $89, a $10 discount, at both Amazon and Target, matching the bundle's lowest-ever price. Costco members can get an even better deal, receiving a fifth AirTag at no extra cost. The second-gen AirTag features an upgraded ultra-wideband chip with extended Bluetooth range, improving Precision Finding speed and reliability across larger spaces. The device also supports location sharing with up to five users and allows temporary AirTag location sharing with airlines such as United, Delta, and American Airlines. Despite the lack of a built-in lanyard hole, the tracker retains a user-replaceable CR2032 battery, avoiding the need for full device replacement when power runs out.

0 comments Read more at The Verge