🎙️ Chattin' Cluely: On today's episode of Equity, the hosts look at the viral AI startup Cluely that claims it can help users cheat on anything. Also on this episode: Sam Altman's World event last week, what's up with the Shein IPO, and more.
🏭 Fresh funds: Ara Partners just raised an $800 million fund to invest in companies helping reduce emissions in industries that have been hard to decarbonize. The firm originally set out to raise $500 million, so this close shows that there is absolutely still LP interest in climate funds despite current market rhetoric.
💔 Welp: Raw is a dating app that helps foster more genuine interactions, according to its website. The company claims that its app uses end-to-end encryption, but a quick vibe check from TechCrunch found that it was quite easy to access private data on its users, including their location. The company says it has now fixed that glaring security nightmare.
⚠️ Off the rails: Google reported that its Gemini 2.5 Flash Model is more likely to generate text that violates the company's safety guidelines. These results come as AI companies are looking to make their models more permissive and come a few days after OpenAI had a safety incident of its own.
🤝 Apple and Anthropic: Building an AI coding platform seems to be the new trendy thing to do in Silicon Valley. Apple and Anthropic are reportedly teaming up to build "vibe coding" software that uses generative AI to generate code.
