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Recraft, the startup behind a mysterious image model that beat OpenAI’s DALL-E and Midjourney on a respected industry benchmark last year, has raised a $30 million Series B round led by Accel, it exclusively told TechCrunch.  Other investors in the round include Khosla Ventures and Madrona. Based in San Francisco, Recraft previously raised a $12 million Series A led by Khosla in 2024. The San Francisco-based startup says it recently passed $5 million in ARR and 4 million users. The startup caught industry attention when its model, codenamed “red_panda,” topped the Artificial Analysis benchmark last year. This was actually Recraft’s…

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SECAUCUS, N.J. — The New York Islanders won the NHL draft lottery on Monday and vaulted nine teams, including the last-place San Jose Sharks, in winning the opportunity to have the No. 1 pick.The Islanders, who finished 10th in the standings and are in the midst of a front-office change, overcame having just a 3.5% chance to winning the lottery. New York has the right to pick first for the fifth time in team history, and first since selecting center John Tavares with the No. 1 pick in 2009.Back then, the struggling Islanders played in an aging arena in Uniondale,…

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Waymo has played coy for years about exactly how many Jaguar I-Pace EVs are in its autonomous fleet — a figure that covers vehicles used in testing and commercial robotaxi operations. On Monday, the Alphabet company finally provided a peek at the commercial side of the fleet. Waymo said Monday, as part of a larger announcement, that it has more than 1,500 commercial robotaxis in operation. And work is underway to expand it through a multi-million-dollar investment with Magna to build more than 2,000 autonomous I-Pace vehicles at a new factory in Arizona. Waymo has worked with Magna for years,…

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Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldThe Trump administration has said it will block Harvard from eligibility for new federal government research grants, escalating its attack on the elite university. Education secretary Linda McMahon wrote to the university’s president on Monday informing him of the decision and blasting the university for making a “mockery of this country’s higher education system”.“This letter is to inform you that Harvard should no longer seek GRANTS from the federal government, since none will be provided,” McMahon wrote to Alan Garber.“Harvard will…

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With long waiting lists and rising costs in overburdened healthcare systems, many people are turning to AI-powered chatbots like ChatGPT for medical self-diagnosis. About 1 in 6 American adults already use chatbots for health advice at least monthly, according to one recent survey. But placing too much trust in chatbots’ outputs can be risky, in part because people struggle to know what information to give chatbots for the best possible health recommendations, according to a recent Oxford-led study. “The study revealed a two-way communication breakdown,” Adam Mahdi, director of graduate studies at the Oxford Internet Institute and a co-author of…

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Barcelona are looking at signing Bayern Munich winger Leroy Sané at the end of his contract, while Manchester United have begun initial talks over a move to land on-loan Galatasaray striker Victor Osimhen when he returns to Napoli. Join us for the latest transfer news, rumors and gossip from around the globe.Transfers homepage | Done deals | Men’s January grades | Women’s January gradesTOP STORIES- Alexander-Arnold to leave Liverpool on free transfer- Sources: Madrid want Alexander-Arnold for CWC- Mourinho silent on future as Fener title hopes fadeWill Barcelona be able to sign Leroy Sané on a free? (Photo by Ulrik Pedersen/NurPhoto…

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Brussels has proposed to make it easier for UK professionals to work in the EU through recognition of their qualifications, in a move that would accede to a key demand by London and help underpin a post-Brexit reset of relations between the two sides.The European Commission will propose “legislation to establish common rules for the recognition and validation of qualifications and skills of third country nationals” next year, according to a draft document by the EU executive arm obtained by the Financial Times.The plan is contained in a new EU single market strategy due to be published this month and…

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