Figma Eyes Up to $16.4 Billion Valuation with NYSE IPO Debut, Raising Over $1 Billion Amidst Tech Sector's IPO Resurgence
Figma is planning an IPO with a valuation up to $16.4 billion, selling 37 million shares to raise $1.03 billion. Despite tech IPO slowdowns, Figma's promising financial results and strategic corporate governance aim to reinvigorate investor interest.
Nvidia Skyrockets to a Staggering $4 Trillion Market Cap, Overtaking Apple and Microsoft in Tech Titan Tussle
Nvidia surpassed a $4 trillion market cap, driven by its dominance in the AI sector, and CEO Jensen Huang's net worth increased to $140 billion. Despite challenges, the company's stock rebounded strongly.
Concentra Biosciences Set to Acquire CAR T-Cell Innovator CARGO Therapeutics in Cash Deal
Concentra Biosciences is set to acquire CAR T-cell therapy developer CARGO Therapeutics for $4.379 per share plus additional future gains, possibly due to CARGO's financial struggles and layoffs.
Stanford Duo Claims to Make US Lithium Production Affordable & Green, Raises Millions
Electroflow Technologies, a lithium extraction startup from Stanford, aims for an $8 million seed round for its cost-effective and efficient lithium extraction process, potentially revolutionizing supply chains.
Salesforce CEO Marc Benioff Reveals AI Handles Up to 50% of Company's Work Amid Tech Industry's Automation Surge
Salesforce CEO Marc Benioff stated that AI performs up to 50% of the company's work, as Salesforce aims for efficiency through AI and cuts jobs in line with the broader tech industry trend.
SF AI Firm Claims Fair Use Victory, But Piracy Trial Still Looms
A U.S. judge ruled that AI company Anthropic legally used copyrighted books to train its chatbot, Claude, despite questions about the source of the books. The case will go to trial to address damages for housing pirated books.
Cosmic Revelation: Vera C. Rubin Observatory Unveils Universe's Splendor in First Images, A New Era of Discovery Beckons from Washington D.C. to Chile
The Vera C. Rubin Observatory released its first images, revealing millions of celestial bodies and hinting at the potential of its upcoming 10-year survey.
Meta's Multi-Million Dollar Manhunt: Zuckerberg's Firm Allegedly Flashes $100M Carrots to Lure OpenAI Whizzes to Menlo Park Megalab
Meta offered OpenAI employees large signing bonuses to join their AI team, which OpenAI's CEO Sam Altman discussed, but so far Meta's efforts have been unsuccessful.
Apple's WWDC 2025 in Cupertino Showcases AI Updates with CEO Cook at the Helm
Apple's WWDC 2025 highlights potential AI advancements with updates to Siri and a new iOS naming convention, amid expectations for the tech giant's AI development progress and integration for third-party developers.
Bay Area Adopts AI Technology and NASA-Developed Ember-Risk Map in Fight Against Wildfires
New ember-risk map and AI sensors are being used in the Bay Area to improve wildfire detection and prevention, utilizing satellite imagery and pattern recognition for early alerts.
Ripple Co-Founder's $9.4 Million Boost for San Francisco Police Tech Raises Privacy Concerns
Ripple co-founder Chris Larsen is donating $9.4 million to upgrade the San Francisco Police Department’s technology, drawing mixed reactions on privacy and oversight.












