Chord, a headless commerce startup led by former Glossier execs, raises $18M
Last year, former Glossier executives Henry Davis and Bryan Mahoney unveiled a new e-commerce startup called Arfa. Today, they’re announcing a new vision for the company, along with a new name, new funding and an acquisition. The name first: Mo.....»»
Venu Sports may actually be better than its creators intended
Execs for Venu Sports say they're not trying to steal subscribers from cable and streaming, but there's almost no way that won't happen......»»
Washington State creates instant rebate program for EVs
The Washington State Department of Commerce said there is $45 million in funding available, via the state's general fund, which it anticipates covering 7,500 to 9,000 rebates......»»
US probes Nvidia’s acquisition of Israeli AI startup
Justice Department has increased scrutiny of the chipmaker’s power in the emerging sector. Enlarge (credit: Getty Images) The US Department of Justice is investigating Nvidia’s acquisition of Run:ai, an Israeli arti.....»»
Lucid to report Q2 earnings amid worries over cash burn, hopes for Gravity crossover
The EV startup, which launched the Air sedan in 2021, delivered a record 2,394 electric cars in the second quarter. But it also boosted sales incentives to $16,537 per car, Motor Intelligence said......»»
GM raises bar for employee performance with new ratings system
GM is now rewarding its top 5 percent of employees with 150 percent bonuses, higher than what was available in the previous system......»»
AMD raises forecast for AI chip revenue and sees supplies remaining tight
AMD raises forecast for AI chip revenue and sees supplies remaining tight.....»»
WeRide files for biggest U.S. IPO by Chinese company since Didi
Chinese driverless technology startup won’t disclose the number and proposed price range for its American depositary shares until it’s ready to begin marketing them......»»
TD Cowen raises AAPL target to $250 on AI and China sales
Investment analyst firm TD Cowen predicts that Apple Intelligence will bring a modest boost to the iPhone 16 range, but be much more significant in 2025, by when China sales are expected to have returned to growth.Render of the iPhone 16 rangeAhead o.....»»
Outsourcing conservation in Africa: NGO management reduces poaching and boosts tourism, but raises risks for civilians
There's an experiment going on in conservation in Africa. With biodiversity imperiled, and nations facing financial and political crises, some governments are transferring the management of protected areas to private, non-governmental organizations (.....»»
GM Ventures, others invest in Israeli EV battery startup Addionics
Addionics raised $39 million from investors including General Motors' venture capital arm to help commercialize its 3D copper foil product for electric vehicle batteries......»»
Chainguard raises $140 million to strengthen open source software security
Chainguard has completed a $140 million Series C round of funding led by Redpoint Ventures, Lightspeed Venture Partners, and IVP, bringing the company’s total funding raised to $256 million. Existing investors, including Amplify, Mantis VC, Seq.....»»
Lakera raises $20 million to secure GenAI applications
Lakera has raised $20 million in a Series A funding round. Led by European VC Atomico, with participation from Citi Ventures, Dropbox Ventures, and existing investors including redalpine, this investment brings Lakera’s total funding to $30 mil.....»»
Alphabet invests another $5 billion in self-driving startup Waymo
Waymo is conducting more than 50,000 paid rides a week, Alphabet says. Enlarge / If you live in San Francisco, you might start to see these Waymo Zeekrs driving around. (credit: Waymo) Google's parent company, Alphabet,.....»»
Vanta raises $150 million accelerate its AI product innovation
Vanta announced that it has raised a $150 million Series C funding round at a valuation of $2.45 billion. The round was led by Sequoia Capital, in addition to new investors Growth Equity at Goldman Sachs Alternatives, J.P. Morgan and existing investo.....»»
Gcore raises $60 million to drive AI innovation
Gcore has secured $60 million in Series A funding from institutional and strategic investors. Led by Wargaming, and with participation from Constructor Capital and Han River Partners, this marks the company’s first external capital raise since its.....»»
Heeler Security raises $8.5 million to boost application security
Heeler Security announced the successful closing of an $8.5 million Seed Series funding round, led by Norwest Venture Partners with significant participation from Storm Ventures. “Application security requires a new approach that focuses on runtime.....»»
An ‘AI-native’ school is coming to revolutionize education
Mere months after departing OpenAI, AI researcher Andrej Karpathy announced the launch of his new AI+Education startup, dubbed Eureka Labs......»»
U.S. to issue proposed rules limiting Chinese vehicle software in August
The U.S. Commerce Department plans to issue proposed rules on connected vehicles next month and expects to impose limits on some software made in China and other countries deemed adversaries, a senior official said Tuesday. "We're looking at a f.....»»
Q&A: How can different types of brains bolster startup success?
Associate Professor Carina Lomberg is on a quest to understand the cognitive, emotional, and behavioral aspects of entrepreneurs and what shapes their journey. She has found that including neurodiverse individuals in teams that start a company enhanc.....»»
Report: Alphabet close to $23 billion deal for cybersecurity startup Wiz
Deal of this size would draw scrutiny from antitrust regulators around the world. Enlarge (credit: Timon Schneider/Dreamstime) Google’s parent company, Alphabet, is in talks to buy cybersecurity start-up Wiz for about.....»»