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Cloud backup startup Eon raised $70M led by BOND at a $1.4B valuation, taking its total funding to $200M since its January 2024 founding by AWS alumni (Paayal Zaveri/Bloomberg)
Reddit COO Jen Wong says ~50% of current users are located outside the US, and the company is developing new search tools to simplify navigation on Reddit (Arjun Kharpal/CNBC)
Alibaba releases QwQ-32B-Preview under an Apache 2.0 license and claims the “reasoning” AI model beats OpenAI’s o1 models on the AIME and MATH tests (Kyle Wiggers/TechCrunch)

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