Tech and AI Updates: Chainguard's Impressive Funding Round, Instagram Co-founder Testifies, and Tesla's Future Plans

Tech and AI Updates: Chainguard's Impressive Funding Round, Instagram Co-founder Testifies, and Tesla's Future Plans

Released Thursday, 24th April 2025
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Tech and AI Updates: Chainguard's Impressive Funding Round, Instagram Co-founder Testifies, and Tesla's Future Plans

Tech and AI Updates: Chainguard's Impressive Funding Round, Instagram Co-founder Testifies, and Tesla's Future Plans

Tech and AI Updates: Chainguard's Impressive Funding Round, Instagram Co-founder Testifies, and Tesla's Future Plans

Tech and AI Updates: Chainguard's Impressive Funding Round, Instagram Co-founder Testifies, and Tesla's Future Plans

Thursday, 24th April 2025
Good episode? Give it some love!
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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Chainguard, under the leadership of CEO Dan Lorenc, has secured a $356 million Series D funding round, reaching a valuation of $3.5 billion. The company's approach focuses on open-source software and trusted security solutions for developers, which has led to rapid growth and impressive ARR numbers. Investors like Kleiner Perkins and IVP, along with new investors such as Salesforce Ventures and Datadog Ventures, see potential in Chainguard's innovative approach to cybersecurity.In other news, Kevin Systrom, Instagram co-founder, testified against Meta in an antitrust trial, shedding light on Facebook's view of Instagram as a threat to its growth. OpenAI is considering buying Google Chrome if it is divested as a result of the trial. Apple has made changes in its Siri division leadership. Additional tech news includes Boeing's sale of digital aviation assets, rising global PC shipments, Duolingo adding chess lessons, and U.S. pressure on India to open up to Amazon and Walmart.Despite a challenging Q1, Tesla is looking towards the future with plans to launch the Model Y and robotaxis in the coming years. Elon Musk's decision to reduce his involvement with DogeCoin to focus on Tesla has caught attention. Elsewhere, Trump's announcement regarding trade tariffs with China has had a positive impact on investor sentiment, leading to market gains. Companies in the renewable energy sector are optimistic about growth opportunities, with initiatives like Yes SF aiming to drive innovation in San Francisco.As we navigate through these developments in the tech and AI world, it's clear that innovative approaches, strategic leadership decisions, and market dynamics play a crucial role in shaping the future of industries. Stay tuned for more updates on the ever-evolving landscape of technology and business.

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