Figma Inc. raises its IPO price to $30-$32, targeting a $1.2 billion raise, despite an earlier failed sale to Adobe and a challenging market environment.

Sam Altman, CEO of OpenAI, noted that conversations with ChatGPT do not have legal confidentiality like therapy sessions, highlighting privacy concerns amidst a related lawsuit.

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.

Cognition acquires Windsurf, merging their AI development agent with Windsurf's IDE and team, indicating a strategic consolidation in the AI coding sector.

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 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.

Meta successfully defended against a copyright infringement lawsuit, as a judge ruled authors didn't prove Meta's AI training undercut their book market.

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.

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.

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.

The Solve SF app, a popular tool for reporting city issues, faces shutdown due to the city discontinuing its Open 311 API support, causing concern among its users and creator, Patrick McCabe.

Elizabeth Holmes's partner, Billy Evans, has launched a biotech startup, Haemanthus, utilizing AI for medical testing, despite Holmes's jail-time for fraud and her involvement in advising the venture.

23andMe is facing large-scale layoffs and potential bankruptcy, with possible closure of its San Francisco office and uncertain future for employees, including executives and scientists, amid financial struggles and a prior cyberattack.