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
When Air Up, a maker of scented water bottles backed by PepsiCo and Ashton Kutcher, was looking to cut costs last year, it decided to stop using warehouses located in California and Ohio, and instead ship its Asia- and Europe-made products out of the border city of Reynosa, Mexico. That change will make it cheaper for Munich-based Air Up to fulfill orders for U.S. customers, largely due to lower labor... Read more ›
0
Venture capital firm Accel, an early investor in the data labeling startup Scale AI, is in talks to lead a new round of funding that would raise the startup’s valuation nearly 80% to about $13 billion, people with direct knowledge of the discussions said. The investment would allow Accel to maintain a large share of a valuable startup that has gotten a boost selling services to OpenAI and other conversational... Read more ›
33
Ask most founders, venture capitalists and tech executives how they feel about the state of regulation—from the antitrust case the Justice Department brought against Apple to the executive order regarding artificial intelligence—and you’ll hear a familiar refrain. Most tech leaders ignore regulators because they believe these authorities are inept—too slow or too far behind. They will never catch up.What if regulators weren’t inept over the past decade but just had... Read more ›
0
Fallen crypto mogul Sam Bankman-Fried was sentenced to 25 years by a federal judge after he was found guilty of seven counts of criminal fraud. Facing a possible 110 years, he got off easy; the crypto industry, however, did not. The yearslong saga tarnished crypto’s reputation among institutional investors and sparked an exodus of capital. Lately, however, investors and founders have become more hopeful regarding crypto. The price of bitcoin... Read more ›
0
It’s been a year since YouTube started sharing Shorts ad revenue with creators that meet certain audience requirements, and it’s starting to pay off. Sort of.More than 25% of YouTube channels in its YouTube Partnership Program are now earning revenue on its short-form videos, YouTube said. With more than 3 million creators in that program, that means about 750,000 Shorts creators are receiving money from YouTube. A year ago, there... Read more ›
0
Bolt, the checkout startup that rocketed to an $11 billion valuation during the pandemic e-commerce boom, is embroiled in another legal battle with a high-profile retail partner: sports apparel company Fanatics, which signed a deal in 2022 to offer Bolt’s speedy payment buttons across several of its e-commerce sites. Fanatics filed a lawsuit in California court earlier this month claiming that Bolt improperly reneged on its contract. In the complaint,... Read more ›
12
You may have heard of the saying, “two heads are better than one.” The same could be said about large language models.Yes, developers have figured out that model performance can be improved by combining a couple of LLMs. The concept behind "model merging" is surprisingly intuitive. Developers combine the weights (or the “settings” that determine how a model responds to queries) of two or more models trained for different purposes... Read more ›
0
The meeting last July between officials from the Federal Deposit Insurance Corp. and executives from Choice Financial Group was tense. For most of the two-and-a-half hour session, the FDIC officials delivered the results of the agency’s recent examination of Choice, a once sleepy bank based in Fargo, N.D., for possible violations of anti–money-laundering and counterterrorism financing regulations, according to records of the meeting. Their findings weren’t pretty. The FDIC was... Read more ›
21
California-based Lightning Motorcycle has released a new electric bike that it says accelerates from zero to 60 mph in two seconds, delivers 335 miles of range, and adds about 200 miles of charge in 12 minutes. The secret behind Lightning’s LS-218 is the first commercial electric vehicle battery anode dominated by silicon, a material that enables much faster charging and greater driving range than conventional graphite anodes. Read more ›
0
You could hear a pin drop in the tech world today, things were so quiet. (Are techies off painting Easter eggs?) We’re so starved for news that we appreciated Amazon’s decision to “update” everyone on the status of its commitment to invest up to $4 billion in artificial intelligence startup Anthropic. The update was…Amazon has completed the full investment. After putting in an initial $1.25 billion last September, it has... Read more ›
0
In 2021, we reported on a survey that measured creators’ top sources of revenue. At that time, sponsorships with advertisers took the top spot by far. Some 77% of creators said it was their single highest source of income. Three years later, other revenue sources are starting to gain more ground. For instance, affiliate marketing, where creators earn commissions on product recommendations, is now the third highest income driver, growing... Read more ›
0
The market for initial public offerings is crawling out of a two-year slumber, invigorated by the debuts of Reddit and Astera Labs. But most startups valued at $1 billion or higher won’t go public soon, predicts Accel partner Rich Wong. Of the 1,200-plus private startups that now have this valuation, he estimated far fewer than 20% will end up going public in the next few years. Many of the rest... Read more ›
0
There has been a lot of buzz recently around technology startups developing products for the defense industry. In the past few years, companies such as Palantir, Anduril and SpaceX have achieved strong valuations from public and private investors. In addition, geopolitical instability in Eastern Europe, the Middle East and East Asia has led to a greater demand for defense tech. But success for a defense tech company typically hinges on... Read more ›
0
Perhaps no executive in the artificial intelligence field has gone to greater lengths to knock down generative AI hype quite like Databricks CEO Ali Ghodsi. A year ago, that looked like sour grapes as OpenAI’s quick progress made many people think that software tools like those Databricks sells to companies to manage data and utilize AI would soon be obsolete.It hasn’t turned out that way, and Ghodsi has been proven... Read more ›
0
Software startup Canva, which has grown to a $26 billion valuation with a message that it is “democratizing design” for people without professional training, is increasingly pinning its fortunes on selling its suite of editing tools to the biggest companies in the world. The privately held Australian company told prospective investors late last year that its nascent corporate sales business would grow roughly 60% this year, to about $650 million... Read more ›
0
Startup CEOs are feeling practically poetic after watching Reddit and Astera Labs trade up following their public debuts in recent days. It feels like “the sun peeking through the clouds after a long period of rain,” one CEO who has been eyeing a public listing texted me. Bankers and venture capitalists, of course, are writing love sonnets to bring on the next class of IPOs.Tech companies wanting to go public... Read more ›
0 newcommer
I can’t believe we are just one week away from our fourth annual Creator Economy Summit in Los Angeles!This is the second time we’re hosting this event in person, and we are so excited to bring together more than 300 people, including creators, entrepreneurs, tech executives and investors shaping the sector. (There’s still time to buy a ticket here!)For the past few months, we’ve been planning a jam-packed day of... Read more ›
0 newcommer
Venture capital firms are in flux. Seasoned investors are attempting to hand control to a younger generation of partners. Firms are restructuring as they seek the best investors to win competitive artificial intelligence deals. All this upheaval spells opportunity for a rising group of ambitious dealmakers. The Information’s VC reporters spoke to dozens of sources to find the individuals on track to become VC firms’ next general partners. These investors... Read more ›
0 newcommer
In January, Meta Platforms CEO Mark Zuckerberg posted a video touting the 350,000 Nvidia H100 graphics processing units he said the company would have by the end of the year. While the post signaled Meta’s advantage in computing capacity, several current and former employees interpreted it simply as a way to improve Meta’s ability to recruit in the intensely competitive AI world.Zuckerberg is doing more to recruit artificial intelligence researchers... Read more ›
0 newcommer
When Apple launched the Vision Pro headset, it leaned heavily on its own streaming app, as well as those of Disney and others, to market the headset’s most compelling feature: an immersive video experience. Now Tencent, China’s largest social media, streaming and gaming company, has agreed to make some of its most important apps available on the device, according to a person with direct knowledge of the decision. Without Tencent’s... Read more ›
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17.11.2025 09:37
Last update: 09:30 EDT.
News rating updated: 16:31.
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