Vals, backed by Andreessen Horowitz, is looking to become the gold standard for AI benchmarking

Benchmarking has become the industry norm for how AI companies validate their models’ capabilities and, when the metrics swing in their favor, stand out from competitors and advertise their superiority. In other words, good benchmarks pretty much always mean good PR. Unfortunately, companies have also figured out how to outwit legacy benchmarking systems — many […]

India forces caller-ID apps to feed spam reports to telcos

India has extended its anti-spam regime to require caller-ID and call-management apps to share users’ spam reports with telecom operators, prompting spam-blocking app maker Truecaller to call the ruling anti-competitive. On Friday, the Telecom Regulatory Authority of India (TRAI), the country’s telecom regulator, amended rules governing commercial communications, making it mandatory for call-ID and call-management […]

Crusoe raises $3.9B to build massive data centers and small modular ‘AI factories’

Data center developer Crusoe said Thursday it raised $3.9 billion in a Series F round that pushes its valuation to $30.9 billion. The massive round was co-led by Atreides Management, Mubadala Capital, and Valor Equity Partners. Founders Fund, GIC, Nvidia, Qatar Investment Authority (QIA), Radical Ventures, and TPG also participated, according to Crusoe. Crusoe also […]

Khosla-backed Mazama Energy just raised $135M to drill deeper into super-hot-rock geothermal

Geothermal startup Mazama Energy raised $135 million in an oversubscribed Series B, the startup said Thursday. The fresh funding will help the company develop horizontal wells in super-hot rocks capable of generating 15 megawatts of electricity per well. Mazama plans to start generating electricity sometime next year and said its first site in Oregon is […]