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AI startup Cohere has acquired Ottogrid, a Vancouver-based platform that develops enterprise tools for automating certain kinds of high-level market research. Sully Omar, one of the founders of Ottogrid, announced the deal Friday in a post on X. He didn’t disclose the terms. Ottogrid will sunset its product, according to Omar, but will give customers “ample notice” and “a reasonable transition period.” “We’re very excited to join the Cohere team and integrate Ottogrid into Cohere’s … platform,” Omar said in a statement. “Through our work with Cohere, we’re [going to] dramatically impact how people can automate their workflows, enrich their data,…

CNN  —  Indian police have killed 31 suspected Maoist rebels in what is being described as the “biggest ever operation” against the long-running insurgency. Security forces spent 21 days attempting to capture the rebels along the border of the states of Chhattisgarh and Telangana in central India, Home Minister Amit Shah said Wednesday. Describing the operation as a “historic breakthrough,” Shah said security forces carried out the “biggest ever operation” against the rebels, killing 31 of them in Karreguttalu Hill, considered a Maoist stronghold. Indian authorities have been battling Maoist rebel groups, also known as Naxals, across several central and…

Roughly a month after Moonvalley, a Los Angeles-based startup developing AI tools for video creation, said it secured $43 million in new funding, the company has raised more, according to a filing with the SEC. The filing, submitted Thursday, reveals that Moonvalley actually landed (so far) around $53 million total from a group of 14 unnamed investors. The filing indicates that this is an additional $10 million in cash, rather than a whole new round. It brings the company’s total raised to about $124 million, estimates PitchBook, following on the heels of Moonvalley’s $70 million seed round last November. Moonvalley declined…

Check out the companies making headlines in midday trading. Applied Materials — Shares of the semiconductor manufacturer dropped 6% after Applied Materials posted disappointing fiscal second-quarter revenue. The company’s revenue of $7.10 billion was below the LSEG consensus of $7.13 billion. Semiconductor revenue of $5.26 billion also disappointed the $5.31 billion analysts were looking for. Take-Two Interactive Software — The stock slid 1.8% after the video game company gave weaker-than-anticipated guidance for full-year bookings, expecting the figure to come between $5.9 billion and $6 billion. That missed the $7.82 billion StreetAccount consensus. Take-Two also projected bookings of between $1.25 billion…

Justin Bieber’s camp says the pop star was not a victim of former mentor Sean “Diddy” Combs’ alleged sexual abuse. Insiders, including some close to the 31-year-old “Love Yourself” singer, told TMZ that contrary to speculation, Bieber was not subjected to any of the Bad Boy founder’s alleged abuse, sexual or otherwise. “Although Justin is not among Sean Combs’ victims, there are individuals who were genuinely harmed by him,” a rep for Bieber told the outlet in a statement. “Shifting focus away from this reality detracts from the justice these victims rightfully deserve.” The remarks come amid the outlet’s doc,…

Summary Undead beings in games are often feared enemies, but some games allow players to embody the undead, like in MediEvil. MediEvil’s protagonist, Sir Dan Fortesque, sets out to earn his place in the Hall of Heroes by defeating an evil sorcerer. Ghost Trick: Phantom Detective offers a unique twist on solving mysteries as players navigate the ghostly protagonist’s quest for identity. The undead, as the name implies, is a classification for any being that has died, but has come back to life, often through supernatural means. These characters can be fascinating, in part due to the interplay potentially associated…

President Trump Friday accused James Comey of threatening to “assassinate” him after the former FBI director posted a photo of sea shells arranged to spell the numbers “8647.” Trump says the numerical message, which Comey has since deleted from Instagram, amounts to a threat because “86” is slang for getting rid of someone and Trump is the 47th president. “He knew exactly what that meant,” Trump said in an interview with Fox News during his weeklong Middle East trip. “A child knows what that meant.” “He’s calling for the assassination of the president,” Trump added. President Donald Trump gestures on…

Databricks just snatched up another AI company. This week, the data analytics giant announced a $1 billion acquisition of Neon, a startup building an open source alternative to AWS Aurora Postgres. It’s the latest in a spree of high-profile buys, joining MosaicML and Tabular, as Databricks positions itself as the place to build, deploy, and scale AI-native applications.  Today, on TechCrunch’s Equity podcast, hosts Kirsten Korosec, Max Zeff, and Anthony Ha unpack the Databricks-Neon deal, where Neon’s serverless Postgres tech fits into the larger vision, and whether $1 billion still counts as “a lot of money” these days (spoiler: Kirsten…

Key points:Bitcoin refuses to budge from a narrow range as traders consider the likely breakout direction.Price discovery is keenly awaited, but downside predictions include levels further toward $90,000.BTC/USD has delivered highly patterned moves since its rebound began in April.Bitcoin (BTC) kept traders guessing at the May 16 Wall Street open as consolidation sparked both bullish and bearish forecasts.BTC/USD 1-hour chart. Source: Cointelegraph/TradingView“Significant” liquidity builds around BTC priceData from Cointelegraph Markets Pro and TradingView showed BTC/USD shuttling between $103,000 and $104,000 on the day.Despite beating expectations, the latest US macroeconomic data in the form of the Consumer Price Index (CPI) and…

OpenAI announced on Friday it’s launching a research preview of Codex, the company’s most capable AI coding agent yet. Codex is powered by codex-1, a version of the company’s o3 AI reasoning model optimized for software engineering tasks. OpenAI says codex-1 produces “cleaner” code than o3, adheres more precisely to instructions, and will iteratively run tests on its code until passing results are achieved. The Codex agent runs in a sandboxed, virtual computer in the cloud. By connecting with GitHub, Codex’s environment can come preloaded with your code repositories. OpenAI says the AI coding agent will take anywhere from one…