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 ›
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What a week Tim Cook had. On Thursday, Apple reported anemic September-quarter results, completing a fiscal year where revenues fell 2.8%. That’s actually not a bad result given that the smartphone market that drives Apple’s business shrank 10.5% in the same 12-month period, according to IDC data. Still, it is yet another reminder (if any were needed) that Apple is no longer a growth company. Cook’s other big event this... Read more ›
0
This week, the United States and the European Union tipped their hands on how they plan to regulate AI. The rules amounted to a sea change in the relationship bewteen tech businesses and the government and spurred a whole lot of thinking on our part about what comes next. We hope you enjoy. Apple Spotify YouTube Read more ›
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Shortly after 1:30 a.m. on Monday morning, while most people were tucked in bed ahead of the new week, I stepped into an Uber outside my apartment in Brooklyn. I was on my way to the Daniel Patrick Moynihan U.S. Courthouse in Manhattan with the hopes of snagging one of the 21 courtroom seats to see Sam Bankman-Fried testify in his own criminal trial. Crossing the Brooklyn Bridge during my... Read more ›
0
Time flies! We launched our Generative AI Database five months ago, and this week we added our 100th (and 101st) companies, with inside reporting about who’s backing each company, how much revenue the company has generated, the machine-learning model it uses and the cloud providers it relies on.The numbers make clear just how much investors are pouring into the sector. In total, the companies we track have raised more than... Read more ›
2
Hot off the presses: The jury in the trial of Sam Bankman-Fried convicted the FTX founder and former CEO of all seven fraud and conspiracy charges he was facing. The quick verdict—jurors began deliberating Thursday afternoon—felt fitting for a case that federal prosecutors filed less than a year ago. Bankman-Fried now faces a maximum sentence of 110 years on all counts, though some attorneys believe he’s likely to get significantly... Read more ›
0
Hashtag activism is back.Dozens of trans users of X have been posting their stories on the app formerly known as Twitter as a way of protesting conservative video maker PragerU, which purchased one of X’s most prominent advertising spot to promote a documentary arguing that gender-affirming care is dangerous for transgender youth. The users are flooding the film’s promoted hashtag, #DETRANS, with their own experiences of being transgender or in... Read more ›
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It’s not every day that you see a company like Anduril, a 2,200-person defense technology company last valued at $8.5 billion, sue a 6-person startup with just $4 million in venture backing. But, as my colleague Margaux and I reported this week, Anduril CEO Palmer Luckey is going after a much smaller upstart founded by his former employees, Salient Notion. Anduril alleges Salient stole trade secrets and breached employee contracts,... Read more ›
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Sheryl Sandberg, the longtime former chief operating officer at Meta Platforms, and her husband Tom Bernthal have started an investment firm to fund businesses in various sectors, according to a spokesperson for Sandberg. An internationally recognized figure, Sandberg often was the public face of the Facebook parent company before leaving last fall after 14 years, igniting speculation about her next act. The new firm, Sandberg Bernthal Venture Partners, uses the... Read more ›
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Last weekend, staffers at X grew increasingly upset after a Pakistani senator posted a photo of Adolf Hitler on the service with the text “at least now the world know, why he did, what he did,” in reference to the Holocaust. Over the course of several hours, the post drew about a million views, as well as complaints from several staffers, who reported it for violating X’s rules. One staffer... Read more ›
2
When Meta Platforms’ released its open-source Llama models earlier this year, the tech giant was praised for giving developers a free alternative to the expensive, bleeding-edge large-language models offered by proprietary LLM developers such as OpenAI. Turns out it’s not so simple.In many cases, using open-source LLMs can actually be more costly than proprietary AI software from OpenAI and its ilk, as I discovered while researching this piece I published... Read more ›
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Last year, Kang Xu, a top U.S. expert on battery electrolytes, noticed a stark change in how U.S. passport authorities were treating him when he returned from trips abroad. Born in China, Xu is a naturalized U.S. citizen, earned his doctorate in chemistry at Arizona State University, worked for 26 years—his entire career—as a scientist at the U.S. Army Research Lab, where he was known as Conrad, and wrote what... Read more ›
0
Some companies that pay for OpenAI’s artificial intelligence have been looking to cut costs with free, open-source alternatives. But these AI customers are realizing that oftentimes open-source tech can actually be more expensive than buying from OpenAI. Take Andreas Homer and Ebby Amir, co-founders of Cypher, an app that helps people create virtual versions of themselves in the form of a chatbot. Industry excitement this summer about the release of... Read more ›
29
Moving fast with a pay bump for its U.S. employees and a new $8 billion investment in batteries, Toyota has offered a sign of how the next stage of the fight over auto industry pay and job security will play out: with a fierce struggle in dozens of nonunion electric vehicle and battery plants across the U.S. Read more ›
1
You won’t find this nugget in Instacart’s IPO filing, nor is it likely to be noted on the company’s first-ever earnings call next week. Even most employees don’t know about it. But I found out recently that Publix—one of the largest grocery chains in the U.S. and a key Instacart customer—wrote a significant check in Instacart’s Series D fundraising round six years ago, alongside Sequoia Capital. It’s a delicious fact:... Read more ›
0
As more creator economy startups find buyers, I’ve been hearing talk about the possibility of rollups: one firm buying several similar businesses and combining them, saving on back-office costs while expanding their markets. So far, there’s more talk than action. The private equity firms who typically back such deals have made limited inroads into the creator economy. Generally, that’s due to the lack of profitable companies in the sector and... Read more ›
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Flexport has reached a deal to acquire Convoy’s technology, according to an internal memo from Flexport CEO Ryan Petersen. As part of the deal, a small group of product and engineering employees from Convoy will join Flexport. The deal is only for Convoy’s technology and will not include the company or any of its liabilities, the memo said. Convoy shut down its operations earlier this month after failing to find... Read more ›
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Anduril founder Palmer Luckey issued a warning to his staff last month: If he believes current or former employees are stealing confidential information from the nearly 2,200-worker defense tech startup, he will “show no mercy.” Luckey sent the Slack message, a screenshot of which The Information viewed, after the $8.5 billion–valuation company sued three of its former employees, accusing the trio of stealing trade secrets and breaching their employee contracts.... Read more ›
0
The fall of FTX to the closing days of Sam Bankman-Fried’s criminal trial moved at breakneck speed, as my colleague Martin Peers wrote on Tuesday. Exactly a year ago on Wednesday, the public still did not know the details of the leaked Alameda Research balance sheet that kick-started FTX’s demise. The trial moved at a brisk pace too. Just four weeks ago, prosecutors labored over the basics of crypto, blockchain... Read more ›
0
When I asked David Bennett, the chief customer officer of AI hardware developer Tenstorrent, about the future of startups like his, he was blunt: Most will go out of business.To survive, he recommends startups remain flexible and avoid boxing themselves into any narrow use case. Bennett isn’t referring to some niche market, but rather, a wide-ranging group of tens of companies, from SiMa.ai to Cerebras, which have collectively raised billions... Read more ›
0
A young man with a shaved head and leather jacket bounces up and down in New York’s Union Square, chanting “TGIF” as viewers send him a stream of tips costing a few cents each. For more than an hour, he reacts to each tip as it comes in, shouting about a “glizzy” when a viewer sends him a hot dog, bobbing endlessly as he imitates a videogame character. It’s quite... Read more ›
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19.11.2025 13:48
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