Rivian said late Monday it has secured conditional commitment for a $6.6 billion loan from the Department of Energy, funds that will help the EV maker restart construction of a massive factory in Georgia. The funds will come from DOE’s Loan Programs Office Advanced Technology Vehicle Manufacturing Loan Program. Rivian said it expects to begin […]
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In June, Google announced the Google Developer Program, a free program to give devs access to resources designed to help them build applications using Google services. Now that “millions” of devs have signed up (according to Google), the company is introducing a second, paid tier to commercialize the program. On Monday, Google launched the Google […]
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Giannis Antetokounmpo, a player for the Milwaukee Bucks, launched a venture capital firm called Build Your Legacy Ventures that will focus on sports and entertainment investing, according to Bleacher Report. Antetokounmpo will serve as general partner. The fund was “not just about capital; it’s about forging partnerships and opening my network to accelerate the growth […]
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With Elon Musk playing such a high-profile role in Donald Trump’s transition team, Musk’s buddies, many of them Silicon Valley venture capitalists, are reportedly being tapped to help out. For instance, VC firm Andreessen Horowitz, and in particular cofounder Marc Andreessen, is repeatedly being mentioned. He, along with Antonio Gracias and Joe Lonsdale, are reportedly […]
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Hello, and welcome back to TechCrunch Space! First off, I want to highlight a few stories we weren’t able to get to: First, Inversion Space raised a $44 million Series A to continue development of its ultra-precise orbit-to-Earth cargo delivery service. The company has already garnered a lot of attention from the DOD for its […]
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Instagram is introducing the ability for users to share their locations with their friends via DMs (direct messages), the company announced on Monday. The feature indicates that the Meta-owned social network is looking to challenge services like Apple’s “Find My” and Snapchat’s Snap Map, both of which are popular ways for users to see their […]
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Anthropic is proposing a new standard for connecting AI assistants to the systems where data lives. Called the Model Context Protocol, or MCP for short, Anthropic says the standard, which it open sourced today, could help AI models produce better, more relevant responses to queries. MCP lets models draw data from sources like business tools […]
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As Apple and Google continue to battle with regulators and publishers over whether their app stores are monopolistic, a startup called Appcharge has raised some funding to build an alternative for gaming developers who want to monetise a different way. No, it’s not an ad network. And no, they are not building an alternative app […]
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Brightcove, a cloud platform that helps businesses manage and monetize video content, is being taken private by Italian technology company Bending Spoons, in a deal valued at $233 million. Founded in 2004, Brightcove develops tools and services for creating, hosting, streaming, marketing, and monetizing video content, with clients including Marriott Hotels, Ford, and Johnson & […]
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The U.K. is seeking collaboration for a new AI security research lab that’s designed to counter Russia and other hostile states in what it dubs the “new AI arms race.” While the U.K. government has launched numerous funding initiatives in the past to support cybersecurity projects, the rise of AI-fueled nation-state attacks, specifically, is the […]
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South Korean prosecutors sought a five-year prison sentence and a 500 million KRW fine, equivalent to $375,000, for Samsung Electronics Chief Jay Y. Lee at an appeals court on Monday. The appeals case comes 10 months after Lee and 13 former Samsung executives were originally acquitted of manipulating stock prices and committing accounting fraud in […]
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Meet the Raspberry Pi Pico 2 W, a tiny board designed around a microcontroller that lets you build hardware projects at scale. Raspberry Pi is once again using the RP2350, its own, well-documented microcontroller. But what is a microcontroller again? As the name suggests, microcontrollers let you control other electronic components or devices. Regular Raspberry […]
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Entrepreneur Marc Lore has already sold two companies for billions of dollars, collectively. Now he plans to take his food delivery and take-out business Wonder public in a couple of years at an ambitious $40 billion valuation. We talked with Lore in person in New York recently about Wonder and its ultimate aim of making […]
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It’s not exactly a secret that Apple has explored the possibility of building a television. Before his death in 2011, co-founder Steve Jobs famously told biographer Walter Isaacson that he’d “finally cracked it,” but no full-fledged Apple TV (as opposed to the Apple TV set-top box) has emerged in the years since. Bloomberg’s Mark Gurman […]
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The Australian government has withdrawn a bill that would have fined online platforms up to 5 percent of their global revenue if they failed to stop the spread of misinformation. The bill, which was backed by the Labor government, would have allowed the Australian Communications and Media Authority to create enforceable rules around misinformation on […]
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