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Naveen Rao, former head of AI at Databricks, has raised $475 million in seed capital for his new startup Unconventional AI at a valuation of $4.5 billion. The round was led by Andreessen Horowitz and Lightspeed Ventures, with participation from Lux Capital and DCVC. The funding is the first installment toward the round’s goal of up to $1 billion, Rao told Bloomberg. TechCrunch first reported in October that Unconventional AI was seeking this huge funding for Rao’s new startup, but the final valuation was slightly lower than the $5 billion that sources said he was seeking. If he ends up…
A trader works on the floor of the New York Stock Exchange (NYSE) on October 29, 2025, in New York City, USA, as Federal Reserve Chairman Jerome Powell’s press conference after announcing the Fed’s interest rate cut is shown on a screen. Brendan McDiarmid | ReutersLONDON – European stock markets were mixed on Wednesday as global investors braced for the U.S. Federal Reserve’s interest rate decision.pan-european Stocks 600 Immediately after the opening bell it was flat, with most major indexes showing little sign of movement, while regional sectors traded mixed. delivery hero Shares rose 6% after the company said it…
This year has been a very good year for CoreWeave. In March, the AI cloud infrastructure provider went public in one of the year’s biggest and most anticipated IPOs, but it failed to live up to the hype. A further setback occurred in October when a plan to acquire the cloud provider’s business partner Core Scientific fell through due to skepticism from the target company’s shareholders. During that time, the company has acquired various companies, its stock price has gone up and down, and its role in the burgeoning AI data center market has been both criticized and praised. In…
This photo illustration shows various social media apps on an iPhone screen on February 9, 2025 in Bath, England.Anna Berkeley | Getty Images News | Getty ImagesAustralia on Wednesday became the first country to officially ban users under 16 from accessing major social media platforms, a move expected to be closely watched by global technology companies and policymakers around the world.Canberra’s ban comes into effect from midnight local time and covers 10 major services, including: alphabet’s YouTube, Meta”Instagram, ByteDance’s TikTok, reddit, snapchat And Elon Musk’s X.The controversial rules require these platforms to take “reasonable steps” to prevent access by minors,…
Editor’s note: Call to Earth is a CNN editorial series dedicated to reporting on the environmental challenges facing our planet and their solutions. Rolex’s Perpetual Planet Initiative has partnered with CNN to promote awareness and education on key sustainability issues and inspire positive action. Downsview Airport, located in northwest Toronto, has undergone several changes over time. About 100 years ago, the first airfield was built. A short airstrip and industrial buildings were built between farmers’ fields. It was the home of de Havilland Canada, a pioneering global airline. It became a center for fighter aircraft production during World War II,…
Salah’s relationship with Liverpool is strained, but the disgruntled star will be welcomed by his Egyptian team-mates at the AFCON, which starts on December 21.With Mohamed Salah’s future at Liverpool in doubt, his Egyptian team-mates have rallied in support of their national team captain ahead of the 2025 African Cup of Nations (AFCON) in Morocco.The record seven-time continental champions are in Group B alongside Angola, South Africa and Zimbabwe and will be based in the southern coastal city of Agadir throughout the first round.Recommended stories list of 3 itemsend of list”You can’t put a player like him on the bench,”…
On December 9, 2025, an unmanned truck transports containers at the Dapukou Container Terminal in Zhoushan Port, Ningbo City, Zhejiang Province, China. Null Photo | Null Photo | Getty ImagesBEIJING — Supply chain diversification away from China is moving from mere talk to action.Jens Eskelund, president of China’s European Union Chamber of Commerce, told reporters on Tuesday ahead of the release of a report on supply chain risks and as businesses look ahead to the new year after a tumultuous 2025.”Addiction is being discussed in much more detail than before… Are we even sure that Europe can make toothpaste without…
US President Donald Trump’s special envoy to the Kremlin may have been idle during last week’s talks in Moscow about a potential Ukraine peace deal, but the Russian side can now impose a new advantage: the deepening rift between the US and Europe. On Tuesday, President Trump doubled down on his administration’s criticism of Europe, saying in a newly published interview with Politico that European countries are “weak” and “in decline” because of immigration policies. He also claimed that Russia had the “advantage” in the war against Ukraine and that it was time for Ukrainian President Volodymyr Zelenskiy to “start…
When it comes to hair care and styling, no one can give you better advice than celebrity hairstylist and brand founder Jen Atkin. Jen, the brains behind Oai and Mane, is the only person you need to listen to for holiday hairstyling tips. She spilled her professional hair secrets exclusively to E! while in residence at Miami Art Week in partnership with Capital One Venture X Business. If you want your hairstyle to last, Jen has some professional advice. “It’s best to start with clean, dry hair. If your hair is oily, apply a little dry shampoo before curling. And…