Factory, a San Francisco startup building autonomous AI agents for software engineering, closed a $200 million funding round that values the company at $5 billion. The valuation represents more than triple the $1.5 billion valuation from its previous round five months earlier.
Federal agents seized electronic devices from former Democratic Rep. Eric Swalwell at San Francisco airport and raided his Washington, D.C. home as part of an ongoing criminal investigation tied to sexual assault allegations that surfaced earlier this year.
San Francisco City Attorney David Chiu sent cease-and-desist letters demanding Apple and Google remove 13 apps that generate non-consensual nude images. The apps can be used to create deepfake nude images of people without their consent.
A federal grand jury in San Francisco indicted three Tennessee men on charges including conspiracy to commit robbery and kidnapping after allegedly posing as delivery drivers to steal cryptocurrency in a series of violent attacks across California, including one incident where a victim was forced at gunpoint to surrender $6.5 million.
