“My whole life has been preparing me for this moment,” Ben Sanders said when asked about why he launched his emergency response startup Hyper. The company announced Monday a $6.3 million seed round led by Eniac Ventures, as well as an official emergence from stealth. As a child, he so wanted to become a police…
Few companies have grown as quickly as Tesla, especially just before and after the company launched the Model 3, its first affordable EV. “We scaled Tesla in 30 months from $2 billion in revenue to $20 billion in revenue,” Jon McNeil, the former president of Tesla who is now co-founder and CEO of DVx Ventures,…
Traditional web tools are facing an existential crisis as AI products and tools increasingly eat up attention — and therefore market share and money — from a wide swathe of products that people have used for years to interact with the internet. At least, that’s what The Browser Company seems to think is happening. The…
“My wife taught me something,” Klarna CEO Sebastian Siemiatkowski told the crowd at London SXSW. He was addressing the headlines about the company looking to hire human workers after previously saying Klarna used artificial intelligence to do work that would equate to 700 workers. “Two things can be true at the same time,” he said….
The U.S. government imposed sanctions on FUNNULL, a company accused of providing infrastructure for cybercriminals running so-called “pig butchering” crypto scams that have led to $200 million in losses for Americans victims. On Thursday, the Treasury’s Office of Foreign Assets Control announced the sanctions, saying FUNNULL is “linked to the majority of virtual currency investment…
