Frank founder Charlie Javice sentenced to 7 years in prison for defrauding JPMorgan Chase
The fintech startup had been acquired by JPMorgan Chase in 2021 for $175 million. The bank later accused Frank of lying about its customer base.
Explosion, vehicle fire rock Faraday Future’s LA headquarters
There were no injuries, but the building has been deemed unfit for occupation. Faraday’s landlord is currently trying to find a new tenant as the EV startup’s lease is expiring.
AI recruiter Alex raises $17M to automate initial job interviews
The Y Combinator startup raised a Series A led by Peak XV Partners.
DeepSeek releases ‘sparse attention’ model that cuts API costs in half
Researchers at DeepSeek released a new experimental model designed to have dramatically lower inference costs when used in long-context operations.