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The app now operates at more than 800 U.S. colleges and reports over one million users. Revenue is being generated while the company seeks additional capital through a SAFE investment capped at $200 million.
Fizz operates a social media platform limited to college students and has expanded into the Middle East. The service is available at more than 800 U.S. colleges and reports more than one million users in the United States. Around half of active users open the app daily.
The company stated it is generating revenue and is seeking additional capital through a SAFE investment with a $200 million valuation cap.
International growth Fizz launched in Saudi Arabia in March.
Users in the region have sent more than 10 million direct messages, and the average age of Middle Eastern users is 25. The company said some users continue using the app after graduation, a pattern observed more frequently outside the United States.
Advertising and brand safety Early advertisers include Sony Pictures, Amazon, Perplexity, Kalshi, and Quizlet. The platform is rated 17+ on the Apple App Store and does not permit high school users. The company has faced prior scrutiny over anonymous posts, including a 2024 Wall Street Journal report on activity at one high school.
Officials at the company stated the app is intended for local communities beyond campus.
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sbs.com.auTesla has started testing a production version of its two-seat Cybercab robotaxi in Austin, Texas. The vehicle lacks a steering wheel and pedals, and testing currently includes a safety monitor in the passenger seat.
The US government ended restrictions on two Anthropic AI models after the company addressed security concerns. Access will resume Wednesday following a suspension ordered on June 12.
swissinfo.chThe United Nations and International Telecommunication Union formed the AI for Good Global Commission to develop global AI rules. Co-chairs Marc Benioff and Paul Kagame will lead the first meeting on July 8 in Geneva with tech executives and officials from multiple countries.