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
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IPO watchers are gearing up. Weâre likely only a couple of weeks away from the next high-profile IPO, this time of Reddit, a social media service. The first big-name tech debut since last fallâs flurry of offerings from Instacart, Arm and Klaviyo, Redditâs debut presents a test of investor gullibility. The company has suggested in its IPO filingâand some on Wall Street are echoing the caseâthat the company could benefit... Read more âș
0
Later this week, Iâm heading to South by Southwest, the annual tech and arts festival in Austin. If youâll be in town, letâs get coffee or some BBQ! Iâd also love to see you at The Informationâs cocktail party on Friday night here, and our Saturday brunch and panel here. (Be sure to RSVP today, space is limited!)Creators have increasingly become a bigger part of the conference, but this year... Read more âș
0
In the go-go days of 2020â22, venture capitalists poured billions of dollars into African payment startups, enthusiastic about their potential to revolutionize access to financial services on the African continent. Among the lucky startups was Chipper Cash, a San Franciscoâbased firm that raised $300 million from Jeff Bezosâs Bezos Expeditions, Ribbit Capital and others. In 2021, Chipper expanded into the U.S., advertising instant, no-fee fund transfers to the diaspora of... Read more âș
20
Corporations spend millions every year to ward off and defend against cyberattacks. Those costs increase as hackers evolve their attacks, moving so fast that it often leaves security professionals playing catch-up. The cost to an organizationâs bottom lineâand its reputationâcan be disastrous. But what if security was built right into the product development process? In partnership with Accenture, Aaron Holmes of The Information explored this question with three leaders in... Read more âș
0
We are pleased to announce The Information is expanding our finance team. Last year marked a strong year for the growth of our must-read journalism for finance leaders. From breaking the news of the imminent collapse of Silicon Valley Bank to getting inside the fallout of a disastrous JPMorgan fintech acquisition, The Information reporters got the inside track on important stories the most powerful people in finance follow daily. It... Read more âș
0
Miles Grimshaw, a general partner at Benchmark, is leaving the firm to rejoin Thrive Capital, the New York venture capital firm where he started his career in 2013, according to a Thrive spokesperson. Grimshawâs departure represents a rare resignation from Benchmark, a storied early-stage venture firm with early bets on Twitter, Uber and Snap. The firm has only six general partners, including Grimshaw, who joined the firm three years ago... Read more âș
0
And now for something completely different, as British comedy troupe Monty Python used to say. Itâs no secret in the AI world that Nvidiaâs success in selling AI chips lies partly in the chipsâ flexibility. Developers can (relatively) easily tweak the chips to run different types of AI models. Taalas, a new AI chip developer, wants to go in the opposite direction.Taalas is developing the exact opposite of customizable chips:... Read more âș
0
âThe economic problem of societyâŠis a problem of the utilization of knowledge which is not given to anyone in its totality.â âFriedrich A. Hayek, âThe Use of Knowledge in Societyâ Silicon Valley venture capitalists and many entrepreneurs espouse libertarian values. In practice, they subscribe to central planning: Rather than competing to win in the marketplace, entrepreneurs compete for funding from the Silicon Valley equivalent of the Central Committee. The race... Read more âș
45
Europeâs antitrust bureaucrats have fined U.S. tech firms so many times that another big penaltyâthis one for nearly $2 billion, levied at Apple over its App Store rulesâmight seem like just another day in Brussels. But this episode is a little different. For one thing, Europeâs targets donât usually include Apple. And, perhaps because CEO Tim Cook isnât used to being on the receiving end of these fines, the European... Read more âș
0
Olipop, a fast-growing brand of soda that has built buzz on TikTok and Instagram with help of celebrities such as Gwyneth Paltrow, is aiming to lift its sales this year to around $400 million, up from more than $250 million last year, and is in talks to raise fresh capital to help fuel its growth, according to a person with direct knowledge of the discussions. The company is looking to... Read more âș
0
ByteDance revenue in the third quarter of 2023 rose roughly 43% to $30.9 billion, indicating that the TikTok parent company accelerated advertising and ecommerce sales slightly from the first half. It also demonstrated that ByteDance is continuing to grow at nearly twice the growth rate of Facebook-owner Meta Platforms. For the first nine months of the year, ByteDance revenue rose 40% to $84.4 billion, it disclosed in private documents viewed... Read more âș
0
The founder and CEO of the hospitality startup Life House, Rami Zeidan, has resigned and left the board, board member Chris Hemmeter told shareholders in an email on Monday. The board hired two travel industry veterans to take over the companyâs management. The shakeup follows a February 14 report in The Information which cited customers and employees accusing Life House of misrepresenting its technical prowess and mismanaging the operation of... Read more âș
0
Big tech companies the world over like to spread their bets on large language models. Weâve seen that with Microsoftâwhich backed OpenAI but has also struck deals with rivals Cohere and Mistral to make their models available to customers of Azure. (Microsoft also invested a tiny amount in Mistral). Similarly, Alibaba, Chinaâs equivalent of Amazon, has invested in at least four Chinese generative AI startups that develop LLMsâin addition to... Read more âș
0
For many tech executives, the outbreak of Covid-19 turned into a leadership boot camp, requiring them to shepherd companies through the intense spike in demand for online shopping and entertainment and the painful slowdown in business that followed. A generation of tech executives is now leaving those companies with battle-honed skills. Our latest installment of Free Agents highlights five former or outgoing leaders at companies who are newly on the... Read more âș
3
On Feb. 16, Paolo Cerruti, co-founder of Swedish battery manufacturer Northvolt, visited the companyâs California-based subsidiary, lithium-metal battery developer Cuberg. In recent years, Northvolt had racked up $55 billion in orders for conventional electric vehicle batteries and broken ground on three gigafactories. But Cerruti was displeased with Cubergâspecifically with its CEO and founder, Richard Wang. In 2021, Wang had sold Cuberg to Northvolt for an undisclosed sum, and gone on... Read more âș
0
In 2012, Joe Lonsdale and his co-founder, Zac Bookman, started OpenGov with a fairly straightforward idea. âWe thought thereâs room for something to really help governments run a lot better,â said Lonsdale, whoâs also a venture capitalist and a Palantir co-founder. Since then, theyâve found plenty of room in that market of selling software to local municipalitiesâenough to fetch a 10-figure valuation: Days ago, OpenGov sold itself for $1.8 billion... Read more âș
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Welcome, Weekenders! In this newsletter:A new VC starâs unordinary approachOur finest AI tips to improve your lifeHow to best appreciate the new âDuneâ moviePlus: What Socrates and Satya Nadella have in common; a vengeful billionaire and a murderous enigma; and a top-notch âJob.âA couple days ago, something unusual caught my attention: an eye-catching software buyout! We used to have those all the time. Not so much anymore. Still, even a... Read more âș
0
What makes Microsoftâs Satya Nadella such a strong CEO? Should we all talk like spies? And why did bestselling author Charles Duhigg struggle for a time as a New York Times journalist? It was all a matter of communicationâwell, miscommunication, in Duhiggâs case. âI was fine at, like, the strategy and logistics and was not so great at the communication part, which totally caught me off guard,â said Duhigg, whom... Read more âș
0
One of the finest uses of artificial intelligence is to efficiently summarize an immense amount of information. But why let the bots have all the funâor do all the work? In that spirit, weâve taken our anecdote-rich insidersâ guide to AI from last week and condensed it to the practical tips that impressed or surprised us the most. Read more âș
0
Mark Zuckerberg may be few peopleâs conception of the ideal CEO. Some might balk at his strategic thinking, particularly around burning tens of billions on far-off metaverse technology, or might complain about Meta Platformsâ lack of fiscal discipline before its business slowed in 2022. Others might cite Metaâs ineffectual response to complaints about its platform broadcasting misinformation and content dangerous to kids. Even so, as a spokesperson for his company,... Read more âș
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Most popular sources
Business Insider
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28% 0 |
Android Authority
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14% 13 |
Gizmodo
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12% 7 |
The Verge
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7% 4 |
Tom's Hardware
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6% 10 |
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17.11.2025 16:54
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