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AI video generation startup Runway has raised a $315 million Series E round, nearly doubling its valuation to $5.3 billion, a source familiar with the matter told TechCrunch. The fresh funds will allow Runway to “pre-train the next generation of world models and bring them to new products and industries,” per a company blog post announcing the raise. World models are AI systems that construct internal representations of an environment so they can plan for future events, and many top minds believe they are essential to pushing beyond the limits of large language models. Best known for its physics-aware AI…
Although there are striking differences between the cells that make up your eyes, kidneys, brain and toes, the DNA blueprint for these cells is essentially the same. Where do those differences come from?Scientists are realizing the defining qualities that make up each cell actually lie in a cousin of DNA called RNA.RNA was long considered DNA’s boring biochemical relative. Researchers thought it merely takes the genetic information stored in DNA and delivers it to other parts of the cell, where it is then used to make the proteins that carry out the cell’s functions.But only roughly 2% of DNA codes…
We still don’t know what OpenAI’s mysterious hardware device is — but now we have a better idea of when we might get our hands on it.The company just revealed it doesn’t expect to ship the product it’s building with legendary Apple designer Jony Ive before February 2027.The admission came in a Monday court filing by OpenAI amid a dispute with the startup Iyo, which sued OpenAI last year over the “io” trademark.The previously known timeline for the OpenAI device, shared by the company’s chief global affairs officer at Davos last month, was a product reveal in the second half…
Two C-suite executives and several senior staff have departed Tools for Humanity, the Sam Altman-founded startup behind the eyeball-scanning “Orb,” in recent months, Business Insider has learned.Adrian Ludwig, the Chief Information Security Officer and Chief Architect, recently left after a two-year stint, according to two people and a LinkedIn review. He previously worked at firms including Alphabet, Atlassian, and Adobe.Damien Kieran, Chief Legal and Privacy Officer for the past year and a half also recently announced his departure in a LinkedIn post. His previous roles included general counsel at the photo-sharing app BeReal and chief privacy officer at Twitter, leaving…
Harvey, the $8 billion legal software startup, is becoming a default vendor in Big Law. Now, with rival startups nipping at its heels and AI model providers moving closer to legal workflows, Harvey is bringing in a new executive to help defend its lead.The company tells Business Insider it has hired Anique Drumright as its first chief product officer. In this role, she’ll shape what Harvey builds next and how quickly it can ship. Drumright has held roles at Uber, TripActions, Loom, and, most recently, HR software startup Rippling, where she led the company’s push into IT management software.”Her slope…
2026-02-10T08:00:01.222Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Former Apple designer Jony Ive’s firm worked together for five years to fashion the new Ferrari interior. The sports car has tons of physical buttons that Ferrari says enhance “tactility” and reference its legendary racing history. The Italian brand has also unveiled a new name for its EV project:…
One of xAI’s cofounders, Tony Wu, has left Elon Musk’s AI company.Wu said in a post on X on Tuesday that he has resigned from the company.”It’s time for my next chapter,” Wu wrote. “It is an era with full possibilities: a small team armed with AIs can move mountains and redefine what’s possible.””And to Elon @elonmusk – thank you for believing in the mission and for the ride of a lifetime,” he added.Wu is the fourth cofounder to leave the company over the past year. Christian Szegedy left the company in February, according to his LinkedIn. Igor Babuschkin announced…
The most seductive narrative in American work culture right now isn’t that AI will take your job. It’s that AI will save you from it. That’s the version the industry has spent the last three years selling to millions of nervous people who are eager to buy it. Yes, some white-collar jobs will disappear. But for most other roles, the argument goes, AI is a force multiplier. You become a more capable, more indispensable lawyer, consultant, writer, coder, financial analyst — and so on. The tools work for you, you work less hard, everybody wins. But a new study published…
Elon Musk says he’s happy to lose one lunar milestone if it helps him win the bigger prize.The SpaceX chief said in a post on X on Monday that he would congratulate Blue Origin if it lands on the moon before SpaceX, as his company focuses on a more ambitious goal: building a “self-growing city” on the moon.”What really matters for the future is being able to land millions of tons of equipment and people to build a self-growing city on the moon,” Musk wrote. “In this respect, perhaps we are be more the tortoise than the hare for now,”…
Vibe coding everything is just not worth it, says an Andressen Horowitz partner.On an episode of the “20VC” podcast released on Monday, A16z general partner Anish Acharya said that companies shouldn’t use AI-assisted coding for every part of their business.He said that software accounts for 8% to 12% of a company’s expenses, so using vibe coding to build the company’s resource planning or payroll tools would only save about 10%. Relying on AI to write code also carries risks, he said.”You have this innovation bazooka with these models. Why would you point it at rebuilding payroll or ERP or CRM,”…
