Rad Power Bikes, a well-known electric bicycle company, has seen its CEO Phil Molyneux step down. CFO Stephanie Roberts will serve as interim CEO while the company searches for a replacement. This move comes amidst the company's fifth round of layoffs in under four years.

DeepSeek, one of the hottest AI startups, has not announced any fundraising efforts despite interest from investors. The company's founder, Liang Wenfeng, prioritizes retaining control over his startup, which is 84% owned by him and affiliated individuals. This approach contrasts with most startups that require outside capital and are thus open to external influence.

Poolside CEO Jason Warner recently spoke at the HumanX AI conference, emphasizing the importance of building applications over foundation models. He believes that intelligence is a valuable commodity, on par with electricity, and that companies should focus on developing intelligent systems rather than just raising venture capital.

The Powerschool cyberattack investigation has revealed several key findings, including the unknown identity of the hacker behind the attack. The report also confirmed that the breach was caused by a compromised credential, but the root cause of how the compromised credential was acquired and used remains unknown.

Project Liberty, an open internet infrastructure developer, has been in discussions with Solid, a project aimed at giving people control over their own data. The two initiatives share similar missions to create a more open web where users are in control of their digital identities and data.

Bluesky has expanded the time limit for uploaded videos from 60 seconds to three minutes. This change brings the platform's user experience more in line with its competitors, X and Meta's Threads. The update also benefits apps working to become a TikTok alternative on Bluesky.

Elon Musk's X platform suffered an outage on Monday morning, with thousands of users reporting issues. Musk claimed the platform is under a massive cyberattack, which he said may be linked to IP addresses originating from Ukraine.

OpenAI has signed a five-year, $11.9 billion agreement with CoreWeave to use its cloud services and gain equity in the company. The deal gives OpenAI access to CoreWeave's network of 32 data centers and over 250,000 Nvidia GPUs. This move is significant as it allows OpenAI to reduce its dependence on Microsoft, which accounted for 62% of CoreWeave's revenue in 2024.

Eric Schmidt, former CEO of Google, has taken over as the new CEO of Relativity Space, a privately funded space company. This is his first CEO job since leaving Google nearly 15 years ago.

Elon Musk, the billionaire CEO of SpaceX and Tesla, admitted in an interview with Fox's Larry Kudlow that his involvement in the Department of Government Efficiency (DOGE) initiative is making it difficult to run his other businesses. DOGE has been criticized for overpromising and underdelivering on spending cuts across U.S government agencies.

Asana, a task management platform, announced the retirement of its CEO and founder Dustin Moskovitz. He plans to move into a chair role when a new CEO starts. The company has raised over $450 million in venture funding before going public in 2020.

The Trump Administration has fired a number of National Science Foundation employees who had been handpicked for their expertise in AI, threatening the agency's ability to sustain key AI research. The affected departments were instrumental in funneling government grants focused on AI, and many review panels have been postponed or canceled as a result.

Google has launched Wildlife Insights, an initiative that provides a platform for researchers to share and analyze wildlife images online. To aid in this process, Google has open-sourced SpeciesNet, an AI model trained on over 65 million publicly available images and images from organizations like the Smithsonian Conservation Biology Institute.

Reddit co-founder Alexis Ohanian has joined billionaire Frank McCourt's bid to acquire TikTok as a strategic adviser specializing in social media. McCourt's internet advocacy group, Project Liberty, has organized a consortium called The People's Bid to buy the U.S. assets of TikTok.

Fintech startup Ramp has crossed $700 million in annualized revenue and nearly doubled its valuation to $13 billion in a secondary share sale. The company's CEO, Eric Glyman, said that Ramp is not yet profitable by choice because it is reinvesting its money.