Sources: PayPal to shutter its 10-year-old PayPal Ventures arm amid a broader shakeup under a new CEO and has hired Jefferies to explore selling some positions — PayPal is shuttering its 10-year-old venture team amid a broader corporate shakeup, according to five sources familiar with the matter.
Melbourne-based Everlab, which is building an AI-powered preventive healthcare platform, raised a AU$65M Series A led by Airtree Ventures — Melbourne healthtech startup Everlab has raised $65 million in Series A funding led by Airtree Ventures as it expands its preventative healthcare platform into global markets.
Sensor Tower: ChatGPT's market share fell to 46.4% by the end of May, as Gemini rose to 27.7% and Claude to 10.3%; Grok, Meta AI, and others have less than 5% — More than three and a half years after ChatGPT's initial release, AI assistants are now used by millions of people worldwide, and the competitive landscape is changing fast.
Zhipu launches GLM-5.2, says it markedly improves coding and agentic tasks, with strong long-horizon capabilities and a 1M context window, under an MIT license — We're introducing GLM-5.2, our latest flagship model for long-horizon tasks. It marks a substantial leap in long-horizon task capability …
SpaceX stock closed up 19.6% on Monday, its first full day of trading; Musk said it “might be able to reach” around $1T revenue in 2030, up from $18.7B in 2025 — SpaceX shares climbed 20% on Monday, the first full day of trading following a record-breaking debut last week on the Nasdaq.
Arcade, which helps companies manage which actions AI agents are authorized to take, raised a $60M Series A led by SYN Ventures, following a $12M seed in 2025 — The startup aims to help companies manage the challenge of determining which actions AI agents are authorized to take
Chinese Tesla drivers are using tiny plastic heads to fool Tesla's distracted-driving controls, which appear unable to distinguish figurines from real people — A cottage industry of celebrity figurines, blinking screens, and other DIY gadgets is helping drivers bypass Tesla's distracted-driving controls.