Startup studio eFounders reaches portfolio valuation of $2 billion
European startup studio eFounders has now been around for 10 years. And because a birthday sounds like a good opportunity to share some metrics, the portfolio companies have reached a valuation of $2 billion together — only 18 months after rea.....»»
EV charger robot developed by Michigan startup draws international interest
IonDynamics was founded in January 2024 with the goal of both modernizing EV grid charging technology — as well as eliminating the costs associated with EV charging infrastructure......»»
Rolls-Royce CEO says hybrid powertrain can"t deliver the brand"s trademark ‘waftability"
The exotic car maker is growing its revenue from bespoke creations, in part by opening its first U.S. design studio in New York......»»
The grid is insufficient for renewables. BPA has a $2 billion plan.
The grid is insufficient for renewables. BPA has a $2 billion plan......»»
Apple backs out of backing OpenAI, report claims
Apple dropped out of the $6.5 billion investment round at the 11th hour. Enlarge / The Apple Park campus in Cupertino, California. (credit: Anadolu Agency | Getty) A few weeks back, it was reported that Apple was explori.....»»
Nepal surveys flood wreckage as death toll reaches 209
Search and rescue teams in Nepal's capital picked through wrecked homes on Monday after waters receded from monsoon floods that killed at least 209 people around the Himalayan republic......»»
New method achieves first-ever imaging of pathogens on lettuce leaves in real-time
As the global population surpasses 8 billion, the challenge of producing sufficient food becomes increasingly pressing. The Netherlands stands as the world's second-largest food exporter, efficiently cultivating a wide variety of crops. However, plan.....»»
Where flood policy helps most—and where it could do more
Flooding, including the devastation caused recently by Hurricane Helene, is responsible for $5 billion in annual damages in the U.S. That's more than any other type of weather-related extreme event......»»
Nio secures $1.9 billion injection from parent, shareholders
A cash burn has triggered analysts’ concerns, and Nio, which has never been profitable, reported a 4.5 billion yuan second-quarter loss, though sales surged to 17.5 billion yuan......»»
Workplace well-being programs often don"t work—but here"s how to make them better
The World Health Organization (WHO) has just published alarming statistics showing that employee mental health issues result in a US$1 trillion (£747 billion) loss in productivity each year. The WHO has called on employers to take urgent action by i.....»»
ChatGPT subscription cost could potentially double in a few years; OpenAI raising $7 billion
According to a report from The New York Times, OpenAI is planning on gradually increasing the price of ChatGPT+ over the course of the next five years. This information was obtained from internal documents that are being circulated to potential inves.....»»
Can addressing gut issues treat long COVID in children?
Study hopes to answer questions about connection between GI and neurological symptoms. Enlarge (credit: Frazao Studio Latino/ Getty Images) Four years after the outbreak of the COVID-19 pandemic, doctors and researchers.....»»
Apple not investing in OpenAI after all, new report says
Apple is no longer planning to invest in OpenAI, according to a new report from The Wall Street Journal. This comes as OpenAI plans to close a $6.5 billion funding round next week, with investments possible from both Microsoft and Nvidia. more….....»»
Green and digital transitions are putting environmental problems on the back burner, says study
The European Green Deal is a package of political initiatives to ensure that the EU reaches climate neutrality by 2050. Faced with this challenge, the parallel goals of the green and digital transitions are at the center of the European Commission's.....»»
From branches to loops: The physics of transport networks in nature
An international team of researchers described how loops, crucial for the stability of such networks, occur in transport networks found in nature. The researchers observed that when one branch of the network reaches the system's boundary, the interac.....»»
BMW recalls more cars over new issue with Continental"s brakes
The action highlights fresh issues with Continental parts after BMW was forced to recall 1.5 million vehicles over an electric component fault that may cost the automaker $1.11 billion to fix.....»»
SpaceX’s Starlink service just hit a new customer milestone
Four years after going online, SpaceX's internet-from-space Starlink service now reaches 4 million customers globally, it was announced on Thursday......»»
Grocery stores that donate expiring food instead of price discounting or discarding make higher profits, says researcher
All major supermarkets and retailers that sell groceries, such as Kroger, Walmart and Costco, give large amounts of food to food banks and pantries. In 2022, retailers donated close to 2 billion pounds of food across the United States, which amounted.....»»
New research offers fresh hope to curb illegal orchid trafficking in Vietnam
Orchids, with their captivating beauty, have become a multi-billion-dollar industry. Unfortunately, many species are on the brink of extinction, particularly in Vietnam, due to unsustainable wild harvesting and minimal enforcement of laws restricting.....»»
‘That’s weird’: This galaxy could help astronomers understand the earliest stars
Astronomers using the James Webb Space Telescope have spotted a weird galaxy that originated just a billion years after the Big Bang......»»
Ice cores show pollution"s impact on Arctic atmosphere
A Dartmouth-led study on ice cores from Alaska and Greenland found that air pollution from the burning of fossil fuels reaches the remote Arctic in amounts large enough to alter its fundamental atmospheric chemistry. The findings illustrate the long.....»»