Venice AI Raises M Series A at B Valuation

The Erik Voorhees-founded Venice AI has achieved unicorn status after raising $65 million in Series A funding at a $1 billion valuation. Led by Dragonfly and with backing from Coinbase Ventures, F-Prime, North Island Ventures, Morgan Creek and others, the funding round announced on Wednesday marks the company’s first external capital raise since launching in 2024. The fundraising came in the same month Anthropic was forced to suddenly cut foreign access to two of its latest AI…

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Check your AC: 13,000 units recalled over fire risk

More than 13,000 air conditioning units were recalled for posing fire and burn hazards, as Americans attempt to stay cool during a heatwave for the Fourth of July weekend. Texas-based Daikin Comfort Technologies Manufacturing, Inc. issued the recall last week for about 13,514 Amana Window-Room-Air-Conditioners and Through the Wall air…

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