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
This past year has been a blur of nine-figure funding rounds and billion-dollar-plus valuations for artificial intelligence startups that investors hope can be the next OpenAI or Midjourney. I canât tell you how many times investors have justified the money theyâve put into a brand new startup by saying things like: âWell, he was one of the lead authors on the Llama paper!â or âWell, she was a star AI... Read more âș
2
The venture capital gravy train for artificial intelligence startups may be slowing down. Some young startups have struggled to close rounds investors would have jumped to win a year ago. Take Liquid AI, which is developing a new kind of AI model that can learn while in use, not just during its training, a method that differs from the way OpenAIâs models work. In July, CEO Ramin Hasani spoke with... Read more âș
0
OpenView Venturesâ sudden decision last week to lay off most of its staff and halt investments in new startups left one major question unanswered: what to do with the $570 million that endowments and other institutions recently committed to its latest fund. Earlier Monday, the firmâs senior partners held all-day meetings to review their investment portfolio and discuss dueling proposals: In one scenario, partners would ask the fundâs backers to... Read more âș
51
Quick quiz: Which C-suite position has the least job security? This year, at least, the answer would have to be chief financial officer, arguably the No. 2 executive at most big public companies. In tech and media in 2023, weâve seen CFO departures (or CFOs taking a different position internally) at Alphabet, Uber, Tesla, Disney, Stripe, Airbnb, Digital Currency Group, Pinterest, Rent the Runway, Allbirds, BuzzFeed, Everlane and, on Thursday,... Read more âș
0
The past few years have brought an explosion of creator economy startups that tended to focus on one niche offering, say tax help or online courses. As many struggle with a drop in venture funding, some boot-strapped companies have been expanding. Whalar, best known for influencer marketing and managing creators, has quietly launched several new divisions over the last few years. These include a studio to help creators sell their... Read more âș
2
Startups have gone to extreme measures this year to get a hold of graphics processing units, the rare chips needed to train and run AI models. Theyâve tried everything from raising capital from cloud providers like Microsoft, Google and Amazon to building bots that scour hyperscalersâ websites in search of open servers.One AI founder, though, doesnât think the GPU shortage is as bad as everyone has made it out to... Read more âș
2
Last week, Elon Muskâs X began giving subscribers to its premium, advertising-free version access to a new feature: Grok, a sassy artificial intelligence chatbot created by xAI, a separate AI startup that Musk founded. To some, it wasnât clear why mashing together the chatbot with the service formerly known as Twitterâor for that matter with Tesla products, as xAI has hintedâmade sense. âI donât see what Grok is solving,â said... Read more âș
45
In a May 2022 note titled, âThe End of the Beginning,â Goldman Sachs analyst Nicholas Snowdon said high lithium prices had ignited a surge of new production in Australia, Chile and China, creating a coming flood of supplies that would knock the metalâs price into a sharp decline. From $65 a kilogram at the time, he predicted lithium would fall to an average of $16 a kilo in 2023. Industry... Read more âș
0
Mujeeb Ijaz, who stepped down as CEO of Our Next Energy. Photo: Courtesy ONE.The surprising demotion Sunday of the CEO of next-generation battery developer Our Next Energy was triggered by the withdrawal of a $100 million investment by a U.K. firm, according to people familiar with the situation. Read more âș
6
Hi, welcome to your Weekend: 10th Anniversary Edition!Ten years isn't a lot in geologic or California redwood timeâbut it's an eternity in media time. Just ask some of the news startups that went bankrupt over the last decade. So what secrets have we at The Information gathered in our first ten years of bringing business news to the business class?  Our founder and CEO Jessica lays out some of the... Read more âș
0
It was the best of times (for big tech), it was the worst of times (for WeWork investors), it was the strangest of times (for Elon Musk). The past 10 years has witnessed so much, and The Information has covered it allâfrom good deals to bad bets to ugly blowups on social media. In honor of our 10th anniversary, we present the 10X Awards: Our subjectively chosen rankings of the... Read more âș
0
You knew it was just a matter of time. Regulators in the U.K. and U.S. are looking into the antitrust implications of Microsoftâs partnership with OpenAI, according to the U.K. regulator and Bloomberg. Yes, thatâs right. A partnership that poses a serious competitive threat to Googleâwhose dominance of internet search and advertising is the subject of several antitrust lawsuitsâis itself potentially a problem for antitrust regulators. Youâd think the bureaucrats... Read more âș
15
Andreessen Horowitz-backed D2iQ, a cloud infrastructure startup formerly known as Mesosphere once popular with software developers, is shutting down. It is the latest in a string of firms to evaporate this year after raising significant venture capital. D2iQ on Thursday sent notices to shareholders that it was being wound down and would distribute assets to creditors. The company had about 150 employees earlier this year, a former employee said, and... Read more âș
70
I could tell something had happened when I saw the river of notifications on my phoneâWhatsApp messages, Slack messages, tweets and texts. âCanât wait for The Informationâs read on this one.â Gulp. Sam Altman had been fired as CEO of OpenAI. I spent the next two weeks with The Information team uncovering everything about what had happened. In the end, we produced 27 exclusive news stories about Altmanâs dismissal and... Read more âș
9
One of the things I enjoy most about recording More or Less every week is learning to use all the new tech creators have at their fingertips. To that end, Dave found a new feature that used AI to compile the show note summaries for this episode. I think they are pretty great. That's the beauty of AI: making little things easier. As for whether AI will change the big... Read more âș
0
My colleague Cory this week previewed potential 2024 initial public offerings, highlighting the fact that many of the candidates are more than a decade old. Cory also helped us update The Informationâs Tech IPO Tracker, where weâve revised our assessments of which companies willâand wonâtâmake it to the public markets anytime soon.The tracker suggests at least 12 tech companies could go public as early as next year, including car-sharing marketplace... Read more âș
0
U.S. lawmakers have Shein in their crosshairs as the China-founded fast-fashion retailer gears up for what could be an enormously valuable initial public offering. But another potential roadblock to Sheinâs hopes for a U.S. listing may lie elsewhereâin China. For months, Shein has been discussing with the Chinese government whether it needs to register with the countryâs securities regulator before it files for a U.S. public listing, according to two... Read more âș
0
Electric vehicle manufacturer Rivian this week laid off about 20 members of its long-range battery cell development team including Victor Prajapati, the companyâs lead cell engineer and a former senior manager at Tesla, according to people familiar with the matter. It is the latest in a surge of battery and electric vehicle industry cutbacks as EV salesâthough reaching record levels this yearâhave failed to match expectations. Read more âș
48
If Bob Iger decides to update his 2019 memoir, âRide of a Lifetime,â with a chapter on his return to Disney a year ago, heâll have plenty of juicy material. The executive once widely admired for his success in running the entertainment giant is now being assailed on all sides. Today, we had Elon Musk, still irritated that Disney joined other advertisers in pulling money off X last month after... Read more âș
5
This afternoon, we published a story about TikTokâs latest moves to address mounting criticism that antisemitism and other hate speech has proliferated in videos about the Hamas-Israel war, including an upcoming âSwipe Out Hateâ campaign in its app and a new âanti-hate and discriminationâ task force to tackle antisemitism and Islamophobia. Creators are a key part of these efforts, as TikTok pulls from a now familiar playbook of garnering their... Read more âș
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19.11.2025 02:52
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