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. Rubin’s startup, Genki Robotics, is based in Tokyo, where he is currently living, according to the person.... Read more ›
69
ByteDance is internally exploring scenarios for selling a majority stake in TikTok’s U.S. business, preferably to companies outside the tech industry, and without the algorithm that recommends videos to TikTok users, said three people with knowledge of the deliberations. ByteDance’s internal discussions come as President Joe Biden on Wednesday signed into law a requirement that TikTok cut its ties with ByteDance within nine to 12 months or face a U.S.... Read more ›
36
Next-generation battery developer SES AI pushed further ahead in the race to commercialize lithium-metal anodes, moving to the B Sample qualification stage with South Korea’s Hyundai Motor. The automaker has not committed to deploying the anodes in its electric vehicles, but the deal sets SES on the path of putting its anodes in Hyundai test vehicles as soon as next year, said SES CEO Qichao Hu. Read more ›
0
Meta Platforms may have just got kicked off Wall Street’s favorites list. Stock of the Facebook owner dropped 16% after CEO Mark Zuckerberg warned the company was entering a new investment cycle, this time in artificial intelligence, that would take a while to flow through to create “profitable services.” Zuckerberg’s comments hit a nerve: Investors have increasingly fretted about how AI developers will generate a return from their investments. But... Read more ›
1
Meta Platforms’ warning of slowing growth and higher expenses Wednesday night sank the stock, which had run up 43% this year. But Meta executives, not surprisingly, focused on the bright spots —among them, video. Instagram Reels—Meta’s answer to TikTok—now makes up 50% of the time spent on the app, a pretty big number when you think about the feature’s somewhat patchy beginnings as a forum for day-old TikTok videos. The... Read more ›
0
During the artificial intelligence boom, chipmaker Nvidia became one of the most active corporate venture capitalists, investing in over 30 startups last year alone, according to PitchBook. Now it may become one of the most active acquirers of AI startups. Nvidia has recently struck two agreements to buy Israeli AI startups, including one of Run:ai, announced Wednesday, and another of Deci, yet to be announced, according to a person involved... Read more ›
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The next big test of the big IPO market for software firms comes later on Wednesday, when data security firm Rubrik is expected to price its initial public offering. On the surface, the company would be an unlikely IPO success right now. It is small and its business very niche, and it is losing money, which might turn off investors. To get Wall Street to dream bigger, Rubrik CEO Bipul... Read more ›
2
The promise of a chatbot that can write and fix code has attracted repeat investments in a six-month-old startup—even after it appeared to flub its product launch. Founders Fund has led a $175 million investment in Cognition, a startup that recently launched an artificial intelligence–powered coding assistant called Devin, according to an investor who reviewed terms of the deal. The venture firm valued the startup at $2 billion, including the... Read more ›
147
It’s been five days since the release of Meta Platforms’ highly-anticipated Llama 3 models, and the new large language models have seemingly won the mindshare of AI developers—so much so that barely anyone was talking about new model releases from Microsoft, Adobe and Amazon on Monday.A number of developers told me that they’re already experimenting with the two smaller Llama 3 models Meta released and, after getting great results, are... Read more ›
0
As companies lose faith in the effectiveness of cybersecurity software and reexamine or rein in their spending on it, startups that sell that type of software have struggled to grow. Many of them will have little choice but to look for a buyout, some of their shareholders say, despite having raised record amounts of capital during the pandemic-fueled startup boom. In the latest example, The Information reported on Thursday that... Read more ›
0
The political debate about TikTok is all but over, with the sell-or-ban bill now virtually assured of becoming law, judging by its progress in the Senate today. Once the formalities are over, we’ll see TikTok or its users file a legal challenge, which could delay implementation. Even so, the final passage of this legislation is momentous. The warnings about TikTok have circulated for so long—Meta CEO Mark Zuckerberg warned of... Read more ›
0
Most venture capitalists often see themselves as long-term investors. Those who backed ByteDance, the world’s most valuable venture-backed company, have had plenty of opportunity to test that credo. After pouring $8 billion into TikTok’s parent company, and sometimes buying more shares from other shareholders, these investors have seen the chances of a much anticipated public offering fade as the viral video app has become a political hot potato. Legislation that... Read more ›
0
Since Threads’ launch last summer, creators have grumbled to me about the lack of money-making opportunities or clear reasons for them to spend time posting on Instagram’s text-focused sister app. Threads is now trying one obvious route: paying them (a little) to post. Instagram invited some creators this month to join a challenge focused on posting content related to “positivity,” for a chance to win up to $500, according to... Read more ›
0
Amazon must have quite the investment portfolio by now. Thanks to its status as a giant tech conglomerate, Amazon often gets a chance to buy equity in its suppliers at a deep discount. Over the years, it has accumulated interests in companies providing everything from autonomous vehicle technology to air freight, according to public company filings. For private suppliers, the details of these deals can remain secret—until they go public.... Read more ›
0
With layoffs, shake-ups, and surprising stars, the tech initial public offering market has been volatile lately as it rebounds from a particularly dry period. But will that rebound continue? And when’s the best time for companies to go public? As part of the Private Capital Conference, Jessica Lessin, CEO and founder of The Information, explored smart IPO strategies for today’s market with two experts: Michael Harris, global head of capital... Read more ›
0
If you’re anything like me, you may have found your jaw dropping at our scoop this morning that Skild, a young startup building an AI-powered brain for robots, is raising nearly $300 million from Lightspeed Venture Partners, Coatue Management and other investors at a whopping $1.5 billion valuation despite the fact that it has yet to generate any revenue.Perhaps even more surprising is the fact that Skild isn’t alone. There’s... Read more ›
0
Venture investors are paying a hefty premium to back robotics startups harnessing artificial intelligence, hoping one of them can become the robotics version of OpenAI. In the latest example, Skild, a young firm that has been developing software to power various robots including ones with two or four legs, is nearing a deal to raise nearly $300 million from Lightspeed Venture Partners, Coatue Management and others at a $1.5 billion... Read more ›
0
As logistics company Flexport looks to turn itself around after messy executive drama and a broader freight market slump last year, it’s leaning on an increasingly important customer: China-founded fast-fashion giant Shein. As of March, Flexport was arranging two Boeing 747 flights each week filled with goods sold by Shein—known for its $3 crop tops and $10 dresses—and headed for its U.S. buyers, according to a person who worked at... Read more ›
0
Tesla reports its earnings on Tuesday, and it’s likely to be a doozy. Elon Musk’s electric vehicle maker has already told analysts the number of Teslas it sold in the first three months of the year was about 9% lower than for the same period a year earlier. Wall Street analysts are currently expecting a 4% dip in revenue compared to the first three months of 2023. Tesla spent the... Read more ›
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Meta Platforms made a splash Thursday with the release of Llama 3, the latest version of its popular open-source large language model, though we stole some of the thunder with our scoop earlier this month. Developers have a lot to say about it—most of it good.For the most part, the 8-billion and 70-billion parameter versions of Llama 3 outperform similarly sized LLMs from Google, Mistral and Anthropic, according to the... Read more ›
0
To get a slice of hot artificial intelligence startups like OpenAI and Anthropic, investors have been flocking to investment vehicles that pool money from several parties to back just one company. These structures, known as special purpose vehicles, have long been part of Silicon Valley business but have quietly mushroomed as demand for AI startup stakes has skyrocketed. When Thrive Capital earlier this year led a purchase of existing OpenAI... Read more ›
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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
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4% 1 |
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17.11.2025 00:25
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