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Techmeme

Q&A with Fei-Fei Li on ImageNet, her startup World Labs' focus on spatial intelligence, superintelligence, regulation, AI bubble, US-China AI arms race, more (Mishal Husain/Bloomberg)

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Thoma Bravo acquires a majority stake in Java platform Azul, which received a $340M majority investment from Vitruvian Partners and Lead Edge Capital in 2020 (Chris Metinko/Axios)

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General Atlantic purchases a $96M minority stake in Japanese HR software unicorn SmartHR, marking the PE firm's first growth equity investment in Japan (Lisa Du/Bloomberg)

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Federato, which provides AI-powered insurance lifecycle software, raised a $100M Series D led by Goldman Sachs Alternatives, taking its total funding to $180M+ (InsurTech Analyst)

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New York-based emergency alerts platform RapidSOS raised $100M led by Apax Digital Funds, a source says at a $1B+ valuation, for US and international expansion (Bloomberg)

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Finland-based NestAI raised €100M led by Finland's sovereign fund Tesi and Nokia to build AI products for defense applications, including for unmanned vehicles (Anna Heim/TechCrunch)

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Alphabet's stock closed at a record high of $299.66 on November 21, continuing a strong recent run after Google's Gemini 3 impressed analysts and consumers (Rani Molla/Sherwood News)

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Italy's competition authority closes its July 2024 probe into Google's alleged unfair practices over users' personal data after Google adopted remedies (Gianluca Semeraro/Reuters)

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Sources: China's Moonshot AI, developer of the Kimi models, is raising several hundred million dollars at a ~$4B valuation and is aiming for an IPO in H2 2026 (Wall Street Journal)

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Sources: the White House has put on hold a draft executive order that would seek to preempt state AI laws, following bipartisan backlash (Karen Freifeld/Reuters)

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