Raise Financial Services, the parent company of Indian stock trading and investment app Dhan, raised $120M led by Hornbill Capital at a $1.2B valuation (Kunal Manchanada/Entrackr)
https://entrackr.com/news/dhan-turns-unicorn-after-120-mn-f…
A leaked memo by U.S. Attorney General Pam Bondi
directs the Justice Department and FBI to ❌compile a list of groups that may be labeled
“domestic terrorism” organizations
- based on political views related to immigration, gender and U.S. policy.
The memo was obtained by independent investigative journalist Ken Klippenstein,
who joins us to discuss how it expands on Donald Trump’s "NSPM-7 directive" following the assassination of Charlie Kirk,
--…
I really don’t understand why Americans are so afraid of universal healthcare.
It would severely reduce costs of healthcare for everyone—including for rich people (the total per capital health expenses in the US are about twice as much as in Europe).
SoftBank-owned PayPay takes a 40% stake in Binance Japan for an undisclosed sum, to capitalize on Japan's crypto boom; PayPay filed for a US IPO in August (Mayumi Negishi/Bloomberg)
https://www.bloomberg.com/news/articles/20
FBI Is Offering a “Bounty” for Reporting “Anti-Trump Thought”
https://www.democracynow.org/2025/12/8/ken_klippenstein_fbi_domestic_terrorism_nspm7
LLMs are a fundamentally useless technology because their applications (supposedly) boil down to humans not having to think for themselves or do their own writing / drawing / filming.
But if you can do it on your own - why would you need a robot to do it? It’s, at best, a novelty.
That’s why this shit only resonates with executives and capital owners. “Get things done with fewer people and expenses” is at least an actual pitch. “Get things done faster for yourself” isn’t.
The individual angle really works for things you already were trying to avoid doing because you’re either disinterested or don’t have enough time to do things right.
“Avoid your work” as a value proposition doesn’t work when you’re dealing with intellectual labor rather than commodities. Not large scale, not long term.
Sorry for the rant, I saw some Notion ads on the subway and got irritated 😅
#AI #llm #LLMs
What the Steelers' inactivity at the trade deadline signals for their future https://www.espn.com/nfl/story/_/id/46849585/what-pittsburgh-steelers-trade-deadline-inactivity-signals-future-draft-picks-quarter…
New York-based Crosby, a law firm that uses AI to help speed up the contracts process, raised a $20M Series A co-led by Index Ventures, BCV, and Elad Gil (Alex Konrad/Upstarts Media)
https://www.upstartsmedia.com/p/crosby-ai-law-firm-raises-20-million
London-based Sokin, which develops tech for B2B cross-border payments, raised a $50M Series B led by Prysm Capital at a $300M valuation (John Reynolds/Tech.eu)
https://tech.eu/2025/12/01/cross-border-payment-fintech-sokin-lands-50m-funding-round/…
Bee Maps, a decentralized mapping project powered by Hivemapper on the Solana blockchain, raised $32M to expand its network by distributing AI-enabled dashcams (CoinDesk)
https://www.coindesk.com/tech/2025/10/06/bee-maps-r…