Headlines

Crusoe reportedly raises $3B at a $30B valuation

Data center developer Crusoe, which counts Meta, Microsoft, and OpenAI as its customers, has raised a new $3 billion round at a $30 billion valuation, Bloomberg reported. The deal is being co-led by Atreides Management and Valor Equity Partners, and includes participation from Mubadala Capital, the asset management subsidiary of Abu Dhabi’s sovereign wealth fund…

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Oura files to go public

Oura, the smart ring maker, has filed to go public. The filing with the Securities and Exchange Commission on Thursday shows that Oura’s revenue has jumped substantially in the past year. The company went from $697 million in revenue during the nine-month period that ended June 30 last year to $1.2 billion during the corresponding…

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Meta Launches Muse Voice Transcribe for Real-Time Speech

Meta Superintelligence Labs on Tuesday introduced Muse Voice Transcribe as its first real-time audio perception model. Unlike a basic transcription system that processes a recording after the fact, Muse produces text continuously while identifying speakers and detecting when speech begins and ends. The model supports audio with more than 20 speakers and recognizes speakers switching…

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