Friday, June 14, 2024

Enveda raises $55M to combine ancient remedies with AI for drug discovery

For centuries, people chewed willow tree bark to relieve pain, but scientists at chemical firm Bayer didn’t isolate its active ingredient until the 1800s and eventually patented its modified version as Aspirin. Aspirin is just one example of a medicine derived from natural sources. In fact, the World Health Organization estimates that around 40% of […]

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Tesla shareholders sue Musk for starting competing AI company

Tesla shareholders are suing CEO Elon Musk and members of the automaker’s board of directors over Musk’s decision to start xAI, which they say is a competing AI company, and then divert talent and resources from Tesla to the new startup.  The lawsuit is one of the most direct challenges to Musk’s decision to start […]


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Tesla shareholders to vote today on $56B pay package

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Kirsten Korosec is still off on holiday, so you’ve got me once again! Today is the big Tesla shareholder vote. We’ll finally get to learn, among other […]


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Thursday, June 13, 2024

We’re about to learn a whole lot more about how the human body reacts to space 

We could be entering a renaissance for human spaceflight research, as a record number of private citizens head to space — and as scientists improve techniques for gathering data on these intrepid test subjects.  A sign that the renaissance is imminent appeared earlier this week, when the journal Nature published a cache of papers detailing […]

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Tesla shareholders vote yes again to approve Elon Musk’s $56B pay plan 

Tesla CEO Elon Musk has secured enough shareholder votes to have his 2018 stock option compensation package approved. Shareholders also approved the company’s decision to re-incorporate of Tesla in Texas, moving it away from the state where Musk’s pay package was struck down: Delaware.  Shareholders present at the company’s annual meeting Thursday, held at Tesla’s […]

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Tern AI wants to reduce reliance on GPS with low-cost navigation alternative 

The most critical systems of our modern world rely on GPS, from aviation and road networks to emergency and disaster response, from precision farming and power grids to weather forecasting and military defense. That dependence is becoming a problem.  “We’ve got an increased threat from foreign adversaries who have shown capabilities to jam, to destroy, […]


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Fintech Brex abandons co-CEO model, talks IPO, cash burn and plans for a secondary sale

Since fintech startup Brex’s inception in 2017, its two co-founders Henrique Dubugras and Pedro Franceschi have run the company as co-CEOs. But starting today, the pair told TechCrunch in an exclusive interview, the San Francisco-based corporate credit card and expense management company is shifting to a more traditional — and what they say should be […]


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AccountsIQ takes in $65M to boost its bookkeeping tools with AI

The economy remains on shaky ground in Europe, but there is some silver lining for enterprise startups: those building tools to help businesses run their finances in more steady and predictable ways are seeing a boost to their business.  In the latest development, AccountsIQ, a Dublin-founded accounting technology company that has been in business, and […]

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Wednesday, June 12, 2024

Android Engineering VP Dave Burke steps down, as he explores “AI/bio” roles within the company

Long-time Android Engineering VP Dave Burke said today that he is stepping down from the role. Burke, who spent 14 years building Android, is not leaving Alphabet and is exploring “AI/bio” projects within the company. Burke was involved in pivotal projects, including building Nexus/Pixel phones, developing Chrome for mobile phones, starting Android TV, and spearheading […]

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Why being the last company to launch in a category can pay off

When Jordan Nathan launched his DTC nontoxic cookware company, Caraway, in 2019, he knew he was not the only founder trying to sell a new brand of pots and pans to millennials scrolling through Instagram. But he found that launching after his peers ended up being a blessing in disguise in all areas but one. […]

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