Amazon invested a further $2.75 billion in growing AI power Anthropic on Wednesday, following through on the option it left open last September. The $1.25 billion it invested at the time must be producing results, or perhaps they’ve realized that there are no other horses available to back. The September deal put $1.25B into the […]
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Oregon Governor Tina Kotek on Tuesday signed Senate Bill 1596 into law, joining California, Colorado, Maine, Massachusetts and Minnesota in a growing list of states embracing a right to repair for citizens. The law is set to go into effect January 1. The bill’s coauthors Janeen Sollman and Representative Courtney Neron took inspiration from California’s […]
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Fisker temporarily lost track of millions of dollars in customer payments as it scaled up deliveries, leading to an internal audit that started in December and took months to complete, TechCrunch has learned. The EV startup was ultimately able to track down a majority of those payments or request new ones from customers whose payment […]
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Robinhood’s new credit card was revealed Tuesday, and though it’s only available for Robinhood Gold members, the Gold Card does have a feature that’s spurring headlines: the ability to invest cash back bonuses into investments. The announcement comes eight months after the acquisition of the startup X1 for $95 million, and it just so happens […]
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Troy Sheets began making music at 15 years old in his home studio with a keyboard synthesizer, drum machine, and 4-track cassette recorder—an impressive setup for a high school sophomore. However, it’s rare for young, up-and-coming musicians to have access to advanced equipment (other than a free app on their phone). And most adolescents can’t […]
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Agricultural robotics are not a new phenomenon. We’ve seen systems that pick apples and berries, kill weeds, plant trees, transport produce and more. But while these functions are understood to be the core features of automated systems, the same thing is true here as it is across technology: It’s all about the data. A huge […]
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In the summer after his freshman year at Worcester Polytechnic Institute, an engineering school in Worcester, Massachusetts, Cyvl.ai co-founder and CEO Daniel Pelaez needed a job. He went home and worked at his local public works department, where he noted that there was very little software for tracking road repairs. He was told to go […]
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Hardware maker Rabbit has tapped a partnership with ElevenLabs to power voice commands on its devices. Rabbit is set to ship the first set of r1 devices next month after getting a ton of attention at the Consumer Electronics Show (CES) at the start of the year. The Rabbit r1 will ship with ElevenLabs’ tech, […]
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VNV Global, a Swedish investment firm that backs startups in mobility, health and marketplaces, slashed the value of its holding in Wasoko, an African B2B e-commerce startup, by 48%, according to its annual report for 2023. In its annual report, VNV set Wasoko’s fair value at around $260 million as of December 2023, the month that […]
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When Marissa Mayer co-founded a startup six years ago in Palo Alto, Ca., expectations were sky high for the former Yahoo CEO and early Google employee. When that startup, Sunshine, revealed that its first app centered around subscription software for contact management, people wondered if something more ambitious might be around the corner. Today, after […]
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PayPal Ventures’ latest investment is in an Indonesian startup that provides personal insurance products covering a variety of risks, including accidents, phone screen damage, and ticket cancellations. Qoala has secured $47 million in a new round co-led by PayPal Ventures and MassMutual Ventures, the five-year-old startup said Wednesday. MUFG Innovation Partners, Omidyar Network as well […]
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Eight months after acquiring credit card startup X1 for $95 million, Robinhood announced today the launch of its new Gold Card, with a list of features that could even give Apple Card users envy. Robinhood, better known for its brokerage app aimed at the everyday investor, is touting all sorts of benefits with its new […]
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Following Elon Musk’s xAI’s move to open source its Grok large language model earlier in March, the X owner on Tuesday said that the company formerly known as Twitter will soon offer the Grok chatbot to more paying subscribers. In a post on X, Musk announced Grok will become available to Premium subscribers this week, […]
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