tech news

01 Media keeps a finger on the pulse of the latest and greatest in tech trends; technology news coming from large corporations and startups around the world.

Prime Intellect Raises $130M Series A to Help Enterprises Build Their Own AI Agents. AI-Generated.
Prime Intellect, a fast-growing startup that delivers high-performance computing resources and specialized software tools, has secured $130 million in Series A funding**, valuing the company at **$1 billion . The investment marks a major milestone for the firm, which aims to shift control of artificial intelligence development from large central labs directly into the hands of businesses.
By Mark Lim 2 months ago in 01
Another Massive Data Breach Exposed Millions of Driver’s License Numbers. AI-Generated.
A major U.S. insurance provider has confirmed a far‑reaching data breach that has exposed the personal information and driver’s license details of nearly 7 million people, marking the largest known leak of Americans’ driver’s license records so far this year. The incident highlights the growing risk of identity‑related data being targeted and stolen from organizations across the public and private sectors.
By Mark Lim 2 months ago in 01
These AI Startups Are Growing Revenue At Faster And Faster Rates. AI-Generated.
As businesses across every industry rush to adopt and capitalize on artificial intelligence, a clear and powerful trend is emerging: revenue growth for many AI‑focused companies is no longer just steady, it is accelerating. More and more startups report that they are hitting major revenue milestones in shorter and shorter timeframes, creating what many describe as a self‑reinforcing “flywheel effect” where success fuels further expansion, faster customer acquisition, and rising income.
By Mark Lim 2 months ago in 01
I Gave an AI Permission to Edit Its Own Code — Then I Cut the Internet
Peter Sutherland set his fourth cup of coffee onto the coaster just as Alex, on the screen, presented him with a red warning box.
By Jin2 months ago in 01
This $1.2M Tech Role Didn’t Exist Five Years Ago – Here’s What It Actually Takes to Land It
Alex Moreno set his coffee cup down on the conference table. The error from last night’s deployment was still sitting on his screen. Across the table, the claims director frowned and asked him for the third time, “So can your AI actually read our old scanned insurance policies or not?”
By Jin2 months ago in 01
Solo GP Ashley Smith Closes $25 Million Second Fund to Back Startups in AI Infrastructure, Cybersecurity, and Developer Tools. AI-Generated.
Vermilion Cliffs Ventures, the early-stage venture capital firm founded and led by operator-turned-investor Ashley Smith, announced on Wednesday that it has successfully closed its second fund at $25 million . The milestone represents a significant expansion of the firm’s resources and underscores growing confidence from investors in a model that stands out in the venture capital industry: a solo general partner (GP) structure led by a woman, with a sharp focus on deep technology and hands-on founder support.
By Mark Lim 2 months ago in 01
Apple Partners with Broadcom to Produce “Made in America” Wireless Chips in $30 Billion+ Deal. AI-Generated.
Apple has announced a landmark agreement with semiconductor firm Broadcom to design and manufacture more than 15 billion custom wireless connectivity chips within the United States, under a multiyear deal valued at over $30 billion . The partnership deepens a long-standing relationship between the two companies while also advancing Apple’s broader commitment to expanding its domestic industrial footprint.
By Mark Lim 2 months ago in 01
Venus Aerospace Raises $90M Series B to Advance Its Revolutionary Rotating Detonation Rocket Engine. AI-Generated.
In the world of aerospace innovation, a breakthrough in propulsion technology often opens doors far beyond what its creators originally imagined. That is exactly what has happened at Venus Aerospace, which today announced it has secured $90 million in Series B funding to accelerate the development and commercialization of its Rotating Detonation Rocket Engine (RDRE), a next-generation propulsion system that promises greater efficiency, power, and versatility than traditional rocket engines.
By Mark Lim 2 months ago in 01
Beyond Venture Capital: How Grant Funding Is Powering Australia's Renewable Energy Startups
A friend of mine spent three years developing a battery component before she had anything resembling a sellable product. No VC in the country was going to touch that. It wasn't because the idea was bad — it was because venture capital is built for speed, and hardware doesn't move at that speed. This is the quiet reality behind a lot of renewable energy startups in Australia : the technology takes longer to mature than the typical funding model expects, so founders end up leaning on grants a lot harder than the startup headlines would suggest.
By Kate Brownell2 months ago in 01
Don’t Fix the Misspelling: The Ten Sticky Notes That Taught Me API Design
Alex Carter slammed his coffee mug onto the desk, hard enough to make the keyboard membrane jump. Seventeen unread messages hung on Slack, all from the same client, Orion, a legacy logistics company. Screenshots of error after error. Their ERP system had collapsed that morning because the new version of ShipTrack API Alex had shipped last week quietly removed a field that “nobody ever used”: legacy_carrier_code.
By Jin2 months ago in 01
The 17‑ms Glitch That Became a Story Engine
In the Apex Autonomous Driving Lab in Detroit, systems engineer Alice Chen set her coffee cup down on the desk (no coaster), leaving a brown ring directly on the simulation log. She stared at the curves on her screen, not at the green one—that one had passed every unit test—but at the brake response curve that snapped without warning at the 134‑second mark in the integration simulation.
By Jin2 months ago in 01
The 19,106‑Row Silent Partner: What Happened When an Engineer Let the Model Do the Typing
James Carter and Athena’s Thermal Control Odyssey Location: MathWorks Campus, Natick, Massachusetts, Building C, 3rd Floor Engineering Lab Time: Tuesday, 9:00 a.m. The coffee machine still gurgled in the corner. Characters:
By Jin2 months ago in 01