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
It’s a paradox: Cyberattacks against governments, companies and individuals are escalating dramatically, lifting cybersecurity spending to a record. And yet there are so many cybersecurity startups competing with each other—and with bigger tech companies such as Microsoft and Palo Alto Networks—that a shakeout in the sector is seen as inevitable. At the very least, some startups will have to accept a big cut to their valuation if they want to... Read more ›
0
Freyr Battery, struggling to manufacture its next-generation battery, hopes to right itself by temporarily producing and selling a different battery technology, and obtaining federal subsidies under the Inflation Reduction Act to make it in Georgia. But election-year politics cloud the plan’s future, with Republican front-runner Donald Trump and other party members vowing to kill or severely undermine the IRA if they come to power. Read more ›
0
This time it’s for real! After at least a six-year wait—and a hoax post on X Tuesday—the Securities and Exchange Commission on Wednesday granted approval for companies to issue spot bitcoin exchange-traded funds. The approval will make it easier for individuals and institutional investors to invest in bitcoin without holding it directly on a crypto exchange.Judging by the reaction of the crypto market, investors weren’t exactly surprised. Bitcoin’s price rose... Read more ›
5
When most people think about the creator economy, they aren’t thinking about hardware. Yet creators are heavy users of cameras and other video production gear. That may explain why webcam maker Opal Camera has gained a following among creators and managed to raise money during last quarter’s funding drought.In October, the three-year-old company announced a $17 million Series A led by Founders Fund and including investments from YouTubers Casey Neistat... Read more ›
0
In a blog post last year, Greylock partner Seth Rosenberg surmised that there are three large opportunities for founders in the artificial intelligence era, including “copilot for services.” Services are an attractive category, Rosenberg reasoned, because AI can help frontline service professionals—such as wealth managers, insurance brokers and mortgage brokers—more efficiently build and maintain relationships with their clients. As an entrepreneur, I share Rosenberg’s view that the market for services... Read more ›
3
It won’t surprise anyone that artificial intelligence, the hottest subject in tech, is also big at this year’s Consumer Electronics Show, underway in Las Vegas. Among the silly and wondrous AI-powered devices unveiled so far: A one-foot-tall robot from LG that can patrol your home for open windows or switch off the lights when you’re out; a telephone-booth-esque device that enables you to speak to a holograph of the person... Read more ›
0
Amazon is laying off several hundred employees in its Prime Video and Amazon MGM Studios, according to an email sent to employees on Wednesday morning viewed by The Information. It’s the latest example of fresh rounds of targeted job cuts at Amazon following mass layoffs that began in Nov. 2022. Amazon video chief Mike Hopkins said in the email that Amazon has “identified opportunities to reduce or discontinue investments in... Read more ›
5
JPMorgan Chase has stopped providing payments services for many long-standing clients of WePay, the payments processing business for small accounting and marketing businesses it acquired in 2017, suggesting a retreat in the bank’s efforts to compete with Stripe. JPMorgan had bought WePay, a Silicon Valley–based firm, to try to bolster its existing payments business—mostly reliant on long-established giant companies such as UPS—with some of the younger online enterprises that use... Read more ›
26
Marc Andreessen oversees 10 tech CEOs on the corporate boards he sits on. Andreessen, a self-proclaimed techno-optimist who often likes to stick it to the tech press when he finds its coverage unfair, probably doesn’t mind that several of those CEOS are lightning rods for controversy. There’s Mark Zuckerberg at Meta Platforms, Brian Armstrong at Coinbase and, of course, Adam Neumann with his post-WeWork attempt at salvation, Flow. Then there’s... Read more ›
7
The Gen Z-favorite cosmetics brand Kosas has hired bankers to explore a potential sale, according to two people familiar with the matter, signaling that a recent wave of beauty startup sales is likely to keep gaining steam. Dealmaking among beauty companies has remained relatively resilient even as mergers and acquisitions have slumped broadly, with big beauty conglomerates like Shiseido and Unilever snapping up trendy young brands that have gained avid... Read more ›
0
As we’ve expanded our efforts to track the creator economy globally, we’ve been looking more closely at where startups and venture dollars have gone. A new analysis of our Creator Economy Database, which now tracks 525 startups, shows that while the Los Angeles area is home to the most startups globally, those in the San Francisco Bay Area have drawn in the most investor dollars. Here’s what else we found: Read more ›
0
Relativity Space, which earlier this year launched into space the first rocket made with 3D printing, is in talks to raise money in a round that values the company at around $4.2 billion, flat with its last funding round in 2021, according to people with direct knowledge of the matter. Existing investors Bond Cap and Social Capital are among the firms leading the round, the people said. It could not... Read more ›
47
Two days before Christmas, Founders Fund general partner Keith Rabois boarded a flight to Park City, Utah, to have dinner with Vinod Khosla, the founder of venture capital firm Khosla Ventures and an early backer of OpenAI. By the end of the evening, the pair had agreed that Rabois would join Khosla Ventures as a managing director, its most senior position, this month. He will leave his post at a... Read more ›
113
To celebrate turning 10, The Information is making a video featuring our subscribers and what they have learned from us over the years. If you would like to participate, please film yourself answering one or more of the following questions. Aim for 30 to 60 seconds, filmed horizontally, and uploaded as an mp4. You can use your phone — no fancy equipment needed. What do you value about The Information?... Read more ›
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No company has been better positioned to profit from the generative AI boom than Nvidia, the maker of graphics processing units. But a host of rival startups developing similar chips or the software to run those chips are trying to capture some of the revenue currently being spent on GPUs. We wrote about eight of these companies in August, but like everything else in AI, the field is moving quickly.... Read more ›
2
Big banks were slow to adopt cloud services, initially nervous about storing their sensitive customer data on other companies’ servers. But when it comes to generative artificial intelligence, banks and other financial services firms have been early adopters. Goldman Sachs, for instance, has more than 1,000 developers using generative AI for coding and plans to expand use of the technology to its entire 12,000-person engineering team by the end of... Read more ›
48
Well, that didn’t turn out to be too much of a fight. Twilio CEO Jeff Lawson on Sunday exited the company he founded, the enterprise software company said today, surrendering to activist Anson Funds with barely a shot fired. It didn’t take much to scare Twilio. Anson had hinted it could mount a proxy fight to win board seats if Twilio didn’t make changes, according to a report by my... Read more ›
0
Vetamer Capital, an investor in public and private tech companies started by a Lone Pine Capital veteran just three years ago with $350 million to invest, has shut down its public-equities hedge fund and returned capital to investors, the firm said in a recent letter to its investors. The San Francisco-based firm is a notable addition to the small but growing number of tech investment firms drastically curtailing ambitions as... Read more ›
0
Funding for global creator economy startups continued its downward spiral in 2023, falling nearly 58% to about $1.7 billion compared to the year before, according to the latest update from The Information’s Creator Economy Database. Funding for just U.S. startups plunged 62% to $1.03 billion year-over-year. A once white-hot sector for investors, creator economy startups have struggled as VC funding dries up in a high-rate environment. Others have failed to... Read more ›
8
Parag Agrawal, who was CEO of Twitter for a year before Elon Musk took over the social media app in late 2022, recently raised about $30 million in funding for an artificial intelligence startup, according to two people familiar with the deal. Khosla Ventures, an early backer of OpenAI, led the funding in Agrawal’s company, which hasn’t been publicly disclosed. Agrawal’s startup is building software for developers of large language... Read more ›
3
Most popular sources
Tom's Hardware
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21% 14 |
Business Insider
|
17% 1 |
TechRadar
|
10% 7 |
Android Authority
|
8% 7 |
Engadget
|
7% 2 |
| View sources » | |
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18.11.2025 20:33
Last update: 20:20 EDT.
News rating updated: 03:21.
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