Andy Rubin, creator of Android and a former Google executive, has launched a new startup focused on humanoid robots, said a person with direct knowledge of the venture. His venture is the latest addition to the red-hot and frothy humanoid space, crowded with companies ranging from Tesla to startups such as Figure AI. Rubinâs startup, Genki Robotics, is based in Tokyo, where he is currently living, according to the person.... Read more âș
69
Frustrated by falling sales and the pace of layoffs carried out by his lieutenants, Tesla CEO Elon Musk is thinning his senior management team and laying off hundreds more employees. In an email late Monday to senior Tesla executives, Musk said Rebecca Tinucci, senior director of the companyâs Supercharger group and Daniel Ho, head of new products, would leave the company as of Tuesday morning. Read more âș
24
Maybe Elon Musk should visit China more often. Todayâs 15% rally in Tesla stock follows his quick visit there on Sunday (which incidentally also confirmed his statement last week that his seven-day-a-week work schedule means he rarely takes even Sunday afternoons off). The big news that came out of the visit, according to Bloomberg, was that Tesla got tentative approval from the government to deploy its driver assistance tech in... Read more âș
0
Last week, we spent a lot of time talking about Meta Platformsâ new open-source Llama 3 models. However, the one question that still remains unanswered is how Meta and other developers of open-source AI software will make money from itâan uncertainty that likely contributed to Metaâs stock drop on Thursday.Take Paris-based startup Mistral, for example, currently in talks to raise at a $5 billion valuation just months after raising at... Read more âș
0
Last week, Elon Musk told Tesla investors they should think about the electric vehicle maker âalmost entirelyâ in terms of a single goal: figuring out how to make its cars drive themselves, without human supervision. Whether Tesla is successful in that objective could come down to its efforts to perfect autonomous driving in places like San Franciscoâs Sunset District, a vast residential neighborhood flanked by the Pacific Ocean and Golden... Read more âș
0
When Teslaâs head of powertrain, Drew Baglino, resigned this month, along with Rohan Patel, vice president of public policy, and Martin Viecha, vice president of investor relations, they joined hundreds of senior and midlevel executives who have left the company over the years. As we show in the searchable Tesla Diaspora Database we are publishing today, if the trio follows the path of the others who have left, they will... Read more âș
17
When Teslaâs head of powertrain, Drew Baglino, resigned this month, along with Rohan Patel, vice president of public policy, and Martin Viecha, vice president of investor relations, they joined hundreds of senior and midlevel executives who have left the company over the years. As we show in the Tesla Diaspora Database we are publishing today, if the trio follows the path of the others who have left, they will likely... Read more âș
22
Welcome, Weekenders! In this newsletter:The great Tokyo gamble.Our favorite interior designersâŠfor rescuing boring offices. Billionaire nerd buys The Onion, thinks he can solve mediaâs problems (yes, weâre serious!). Plus: Yo-Yo Ma, Apple and global politics; a videogame legendâs unexpected new work; and Michael Douglas as our nationâs original nerd-preneur.Honestly, politics are only one of TikTokâs problems. Assuming the ban bill stands (after the expected lawsuit from TikTok and its users),... Read more âș
0
For quite some time, Jeff Lawson has kept up a running joke among friends and family. âBezos bought The Post, Benioff bought Timeâwell, Jeff Lawson is going to buy The Onion,â said Lawson, billionaire founder of Twilio, an unsexy enterprise software company that he ran until a recent series of battles with activist investors played out. Honestly, Lawsonâs quip is exactly the type of thing that could make for a... Read more âș
6
When Molly Martell, vice president of brand at San Francisco venture capital firm Headline, was tasked with revamping the companyâs offices in 2021, she sought out a design that âfelt like the antidote to Zoomâ and could fulfill a mandate for a âcozyâ space that wasnât âcold, gridded boxes,â she explained. For a minute, she and Headline considered going avant-garde, perhaps buying and remodeling a house or even a boat.... Read more âș
0
Phew, what a week! We got a blizzard of quarterly earnings updates from tech firms, most of them followed by investor calls that were full of artificial intelligence talk. Much of that was corporate blather, of course, but there were a few moments when actual information was transmitted. Not all of that was relevant to the subject at hand, to be sure. For instance, as Elon Musk was explaining layoffs... Read more âș
1
As the only non-venture capitalist on the More or Less podcast, I sometimes view these episodes as my window into VC therapy. And so, with Taylor Swift on my mind, I felt the angst of my VC compatriots as we recorded this week. We spent most of the time talking about another asset class: hedge funds and why there isn't likely to be another Bobby Axelrod of tech anytime soon.... Read more âș
0
As the market for creators continues to grow, itâs not all about creating engaging videos. As their channels get bigger, creators have become entrepreneurs. So whatâs the best way for creators to successfully expand a small business into a larger oneâand find new sources of revenue? What technologies exist to help them? And how have large brands jumped at the chance to reach these new audiences? Laura Mandaro, reporter for... Read more âș
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In February, we launched the Creator Startup Takeover List, listing 45 startups in the sector that are potential acquisition targets. Most companies hadnât raised any capital since 2021, and, based on our reporting, some were actively seeking buyers. This week, one of those companies struck a deal. On Monday, Snipfeed agreed to sell its link-in-bio tool to Planoly, which sells a tool creators use to schedule social media posts. I... Read more âș
0
Just south of the vast Imperial Palace in downtown Tokyo lies the Kasumigaseki district, with blocks of offices constructed mostly during the last century when the country rose as one of the worldâs largest economic powers after World War II. Much of the Japanese government does its work here: A walk through this neighborhood of concrete and steel presents a slideshow of the numerous ministries and agencies that comprise the... Read more âș
12
Venture capitalists should try this fun game at their next (increasingly alcohol-free) game night: artificial intelligence funding mad libs.[VC fund 1] and [VC fund 2] lead funding round for [number]-year-old [type of AI startup], founded by professors at [name of university], at a $[some-billion] valuation.This week, that formula would have yielded announcements about robotics startup Skild one day and coding assistant startup Cognition the next. (To fill in the other... Read more âș
2
Artificial intelligence development may be sucking up vast amounts of money from big techâbut hey, at least business is good! Thatâs the picture painted by earnings updates from both Alphabet and Microsoft on Thursdayâechoing a similar state of play reported by Meta Platforms on Wednesday. All three companies reported strong operating profit growth for the March quarterâ46% for Alphabet and 23% for Microsoft, neither as good as Metaâs 91% jump... Read more âș
11
Is it possible that YouTube has figured out how to sell Shorts to advertisers? On a call with investors in parent Alphabet, executives indicated the monetization of YouTube Shorts is showing signs of improvement. Thatâs good news for creators (and Alphabet shareholders) who have seen advertisers pay far less for YouTube Shorts than longer videos, as we reported here. Executives said the monetization rate of Shorts in the U.S. compared... Read more âș
0
Elonâs Musk xAI is close to having billions of dollars more in its coffers to make its chatbot Grok a more fearsome competitor to OpenAIâs ChatGPT. Muskâs year-old startup is raising $6 billion at a valuation of $18 billion not including the investment, according to two people close to the deal. Sequoia Capital is one of the investors participating in the xAI round, according to one of the people, and... Read more âș
27
If you werenât careful, you may have missed some important news from Apple that was overshadowed by Meta Platformsâ earnings yesterday. The iPhone-maker released a new family of open-source language models, dubbed OpenELM, on Hugging Face. The models, ranging in size from 270 million to 3 billion parameters (as a reminder, âparametersâ refers to the âsettingsâ that determine how AI models respond to questions) are significantly smaller than open-source releases... Read more âș
0
Huawei Technologies is leading a group of Chinese semiconductor companies seeking memory chip breakthroughs that could help China develop home-grown alternatives to Nvidiaâs cutting-edge artificial intelligence chips, which canât be sold to the country. The Huawei-led consortium, backed by funding from the Chinese government, aims to produce high-bandwidth memory chipsâa crucial component in advanced graphic processing unitsâby 2026, according to two people close to the company. Read more âș
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Most popular sources
Business Insider
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32% 6 |
Tom's Hardware
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18% 5 |
Gizmodo
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18% 15 |
CNET
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5% 1 |
The Verge
|
4% 1 |
| View sources » | |
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17.11.2025 00:26
Last update: 00:15 EDT.
News rating updated: 07:20.
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