Accel Closes $5B Fund for Late-Stage AI Bets
Accel has raised $5 billion in new capital to invest in late-stage AI companies. The fund size places Accel in direct competition with growth equity and crossover investors for large pre-IPO AI rounds.
AI, science, startups, apps, internet trends, major product launches
Accel has raised $5 billion in new capital to invest in late-stage AI companies. The fund size places Accel in direct competition with growth equity and crossover investors for large pre-IPO AI rounds.
Glydways, backed by Khosla Ventures, has closed a $170 million raise and is in talks to add another $250 million as it prepares three pilot program launches. The additional capital would bring total funding to at least $420 million, covering the high capital-intensity phase of physical deployment. Pilot performance met
A Berlin study in BMC Anesthesiology found ICU patients losing psoas muscle at rates above 4% per day faced survival rates below 40%, versus nearly 85% for those losing under 2% daily. The research used AI to analyze existing CT scans across 154 patients, offering a low-burden monitoring pathway. Median total muscle lo
Snap is cutting 1,000 jobs, or 16% of its workforce, attributing the reduction to AI advancements. The move signals accelerating labor displacement at consumer tech firms as AI tools replace or reduce headcount in core functions. No specific timeline for the cuts was disclosed.
Zerion disclosed a $100,000 cyberattack attributed to North Korean-linked hackers who used AI-enabled social engineering tactics. User funds were unaffected, but the incident signals that state-backed actors are deploying AI tools against crypto infrastructure. The episode adds pressure on crypto firms to upgrade defen
STAT's AI Prognosis newsletter spotlights a Doctronic AI pilot that launched without Utah's medical board being informed, alongside a $15 AI diagnostic test and a project called Glasswing. The Utah case exposes a structural gap between AI clinical deployment speed and state-level medical oversight. Regulatory responses
Aptoide filed a U.S. federal antitrust lawsuit against Google in San Francisco, alleging the company maintains an illegal monopoly over Android app distribution and payment processing. The suit, which seeks treble damages and injunctive relief, argues that Google's conduct blocks smaller app stores despite their offeri
Web3 platforms lost $482 million to hacks in Q1 2026, per a Hacken report, with phishing and social engineering leading as primary attack methods. Losses fell year-on-year but remain significant, signaling persistent security gaps across crypto infrastructure. The findings increase pressure on platforms to strengthen i
Meta has partnered with Broadcom to develop multiple generations of custom AI chips, building on its existing MTIA silicon program. The deal moves Meta further toward owning its AI compute stack, reducing reliance on third-party GPU suppliers such as Nvidia. No financial terms or timeline were disclosed.
Roku surpassed 100 million active households as of April, spanning streaming sticks, boxes, and Roku TVs. The milestone reinforces Roku's role as a platform aggregator sitting above individual streaming services, giving it leverage over advertising inventory and content discovery. The figure arrives as competing platfo
Blue Origin's third New Glenn launch will test the rocket's booster recovery system, the key capability underpinning competitive launch economics. Success would move New Glenn closer to operational reuse status, directly challenging SpaceX's cost and cadence advantage in the heavy-lift market.
Blue Origin's Endurance lander and China's Chang'e 7 are both in final launch preparations for missions targeting Shackleton Crater near the Moon's south pole. The site's water ice reserves make it the most strategically valuable lunar real estate, with direct bearing on future propellant production and long-term surfa
Time magazine included Google CEO Sundar Pichai, YouTube CEO Neal Mohan, and Anthropic CEO Dario Amodei in its Most Influential People 2026 list. The recognition elevates the public profile of key AI and platform executives at a moment of intense competitive and regulatory scrutiny across the sector.
Public opinion on AI has turned negative, creating headwinds for Anthropic and OpenAI as both companies pursue IPOs requiring strong investor and market confidence. Data center criticism over energy and land use adds a parallel reputational risk while tech firms maintain heavy infrastructure spending. AI is expected to
AI tools are automating key steps in chip design and cross-architecture software optimization, reducing barriers that have long favored large incumbents. Startups are positioning this shift as a potential opening for new entrants to compete in semiconductor development. The test is whether AI-assisted workflows can del
A Nature-published genomics-guided trial finds off-label cancer treatments can be effective when matched to tumor genetic profiles. The findings could broaden prescribing options for patients beyond standard approved indications, pressing regulators and insurers to revisit reimbursement frameworks. The study appeared o
AST SpaceMobile is being evaluated as a potential buyer of Iridium or Viasat spectrum assets to offset Amazon's planned acquisition of Globalstar. Spectrum scarcity in low-Earth orbit is intensifying as large technology platforms lock up satellite infrastructure, pressuring independent operators. No deal has been confi
AWS launched Amazon Bio Discovery, an AI platform enabling researchers to design and evaluate drug molecules without writing code. The service integrates biological foundation models, lab partner routing, and automated result feedback, compressing months of early-stage work into weeks. Bayer, the Broad Institute, and V
Vivo launched the T5 Pro 5G in India with a 9,020mAh battery and Snapdragon 7s Gen 4 chipset, going on sale April 21 via Flipkart and its own online store. The unusually large battery capacity sets it apart in the competitive mid-range 5G segment. Three RAM and storage configurations are available, starting at 8GB + 12
Scientists used mice engineered with human antibody genes to create antibodies that block Epstein-Barr virus from entering B cells. One antibody fully prevented infection in humanized mouse models, marking a significant step for a virus that infects roughly 95% of people globally and is linked to cancer and chronic dis