Wednesday, October 2, 2024

TuSimple founder Xiaodi Hou is back with a new autonomous truck startup

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Two years ago, Xiaodi Hou was ousted from his position as CEO of TuSimple, an autonomous trucking startup he co-founded that has since shut down U.S. operations and delisted from the stock exchange — and, in an odd twist, the company has pivoted to AI animation and gaming in China.  Now Hou is back with […]

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Toyota pours another $500M into electric air taxi startup Joby Aviation

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Toyota is doubling down on Joby Aviation with a $500 million investment into the California-based company that’s developing electric air taxis. Toyota’s total investment in Joby, which includes a $394 million capital injection back in 2020, is now $894 million. The funds will be used to help Joby complete the lengthy Type 2 certification process […]

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Meat replacement startup Heura has a new mission to slay junk food with healthier plant-based swaps

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The offices of plant-based protein startup Heura are tucked away down a narrow street a short distance from one of Barcelona’s main tourist draws. But the team of entrepreneurs and food scientists won’t be remixing their protein cocktails in close proximity to La Sagrada Família for much longer — they’re moving to new, larger digs […]

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EU’s DSA enforcers send more questions to Snapchat, TikTok and YouTube about AI risks

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On Wednesday the European Union requested more information from Snapchat, TikTok and YouTube about their respective content recommendation algorithms under the bloc’s online governance rulebook, the Digital Services Act (DSA). In a press release the Commission said it’s sent requests for information (RFI) to the three social media platforms asking them for more details about […]

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Motier Ventures unveils La Maison, a community space for the French tech ecosystem

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On Tuesday evening local time, Motier Ventures, an early stage tech investment firm based in Paris, unveiled a startup hub called La Maison. This relatively new investor in the French tech ecosystem is the family office of the Houzé family — the owners of upmarket fashion retailer the Galeries Lafayette Group. As the Galeries Lafayette […]

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Tuesday, October 1, 2024

Peak XV trims fund size and fees as Indian market overheats

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Peak XV, the largest India and Southeast Asia-focused venture firm, is reducing the size of some of its funds and lowering fees as it seeks to become “deeply aligned” with its limited partners. The firm, which raised $2.85 billion funds in mid-2022, informed its backers on Tuesday evening that it would cut $465 million from […]

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Threads users can now see who follows them from other fediverse servers

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Instagram head Adam Mosseri announced on Tuesday that users who have connected their accounts to the fediverse, also known as the open social web, can now see who follows them and likes their posts from other fediverse servers, such as Mastodon and Pixelfed.  The company said users will now have up to 15 minutes to make […]

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Anthropic hires OpenAI co-founder Durk Kingma

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Durk Kingma, one of the lesser-known co-founders of OpenAI, today announced that he’ll be joining Anthropic. In a series of posts on X, Kingma revealed that he’ll be working mostly remotely, from the Netherlands (where he’s based), but didn’t say which Anthropic org he’ll be joining — or leading. Reached for comment, an Anthropic spokesperson […]

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OpenAI’s DevDay brings Realtime API and other treats for AI app developers

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It’s been a tumultuous week for OpenAI, full of executive departures and major fundraising developments, but the startup is back at it, trying to convince developers to build tools with its AI models at its 2024 DevDay. The company announced several new tools Tuesday, including a public beta of its “Realtime API”, for building apps […]

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Aspect Build gets $3.85M to help developers create software with Bazel

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Monorepos are becoming an increasingly popular way to manage source code, but they require a slightly different toolset. Google developed its own internal build and test tool on top of its monorepo and then, in 2015, open sourced it as Bazel. Nine years on, there is a thriving ecosystem of Bazel-adjacent startups like NX and […]

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