New poster for The Fantastic Four

In theaters on July 25.

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💰 Plaid Raises $575M at a $6B Valuation Amid IPO Delay

Fintech giant Plaid has raised $575 million in a new funding round, cutting its valuation to $6 billion from the 2021 peak of $13.4 billion. The move allows employees to cash out their equity as the company holds off on going public.

Funding Details:

⚪️Led by Franklin Templeton, Fidelity, and BlackRock.

⚪️Previous backers NEA and Ribbit Capital also participated.

⚪️Funding aimed at employee liquidity amid IPO delay.

Why it Matters:

🖱️Reflects a broader trend among private tech firms to offer liquidity through secondary rounds.

🖱️Follows similar moves by Ramp, Databricks, OpenAI, and Stripe.

🖱️IPO is still planned but not imminent.

Company Highlights:

🖱️ Сonnects users’ bank accounts to apps like Venmo, Robinhood, and Coinbase.

🖱️Expanded into bill payments, data analytics, and fraud prevention.

🖱️Growing focus on cybersecurity as AI-driven financial fraud surges.

As IPO markets remain uncertain, Plaid’s move highlights how late-stage startups are navigating market volatility while giving employees cash-out opportunities.

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First poster for Tron: Ares

In theaters on October 10.

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The live-action Minecraft movie is now tracking to open with at least $260M worldwide.

Budget is $150M

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The Fantastic Four is described as a ‘60s space race movie shot with miniatures, practical sets and vintage lenses.

“I really wanted it to feel like it was made in 1965, the way Stanley Kubrick would have made it. Within reason”

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The Pitt Season 2 will take place over a Fourth of July weekend.

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Jared Hess reveals that the Technoblade tribute in the Minecraft movie was a suggestion from Sebastian Hansen

“He was like, ‘Look, there's this amazing Minecraft player named Technoblade who passed away, and I would love to be able to honor him somehow in the film.’”

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🔥Andreessen Horowitz Prepares $20B AI Megafund

Andreessen Horowitz (a16z) is raising a $20 billion fund fully dedicated to artificial intelligence — the largest in the firm’s history and one of the biggest AI-focused venture funds ever.

The fund targets growth-stage AI companies and is already attracting interest from global LPs looking to back US tech without regulatory friction. It also positions a16z as a central infrastructure layer for AI startups, offering access to thousands of Nvidia GPUs for portfolio companies.

💡 Why it matters:

🔥 Marks a16z’s full commitment to the AI cycle.
🔥 Structured as a single AI-focused vehicle, signaling outsized conviction.
🔥 Could function as a private AI platform, tightly integrated with infra and capital.

With portfolio bets like xAI, Mistral, and shares in OpenAI, a16z is going all-in on the next wave of transformative tech. If successful, this megafund could reshape how late-stage AI is financed.

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First official look at Zootopia 2

In theaters on November 26

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Halle Berry says she isn’t returning as Storm in Avengers: Doomsday

“Keep waiting. It’s not going to be there”

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The Minecraft movie beat Barbie to become Warner Bros’ 3rd biggest domestic debut of all time.

The film came in $6M over projections, earning $163M in its domestic opening weekend.

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Michael Saronski is set to direct the live-action Death Stranding movie for A24 and Hideo Kojima.

Saronski previously directed ‘A Quiet Place: Day One’ and ‘Pig’

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