Uruguayan payments startup dLocal quadruples valuation to $5B with $150M raise
Cross-border payments startup dLocal has raised $150 million at a $5 billion valuation, less than seven months after securing $200 million at a $1.2 billion valuation. This means that the five-year-old Uruguayan company has effectively quadrupled its.....»»
Alibaba Leads Record Deal to Mint $2.5 Billion China AI Firm
The Chinese tech giant led a $1 billion funding round in Moonshot AI, valuing the year-old firm at $2.5 billion. Alibaba Group Holding Ltd. led the largest single financing round for a Chinese artificial intelligence startup, the la.....»»
Elon Musk Sues OpenAI, Sam Altman for Breaching Firm’s Founding Mission
Musk alleges they breached the firm's founding agreement by putting profit ahead of benefiting humanity. Elon Musk sued OpenAI and its Chief Executive Officer Sam Altman, alleging they violated the artificial intelligence startup&rs.....»»
GM"s Cruise valuation slashed by more than half, email shows
Cruise employees were told the share price had been estimated by a third party at $11.80, according to an email viewed by Reuters. That's down from a prior estimate of $24.27 just one quarter ago......»»
Stop trying to raise the perfect child, says new parenting book
Two University of the Sunshine education experts are calling for more parents to "ground" their children—but not as punishment for misdeeds......»»
Tesla designer Peter Blades departs for air-mobility startup
Peter Blades has spent much of his career in the auto industry, working at Tesla, General Motors, Kia and Nissan. Now he's looking skyward......»»
EV startup Fisker signs two more U.S. dealers, Bul Auto Sales and Karma Indy
Fisker said the two new partners plan to open three locations in New York, Florida and Indiana. The EV maker switched from direct sales to franchised dealers in January......»»
EV startup Lucid Motors gets $6 million state grant for Detroit area R&D center
Lucid plans a 30,000-square-foot office space in Southfield, Mich., initially, with intentions to expand with an additional 50,000-75,000 square feet......»»
EV startup Lucid Motors gets $6M state grant for Detroit area R&D center
Lucid plans a 30,000-square-foot office space in Southfield, Mich., initially, with intentions to expand with an additional 50,000-75,000 square feet......»»
Overcoming the pressures of cybersecurity startup leadership
In this Help Net Security interview, Kunal Agarwal, CEO at Dope Security, offers a look into the CEO’s leadership philosophy, the process of building a high-caliber team, and the unique challenges of navigating a startup in the tech industry. D.....»»
Apple Arcade criticized by developers for falling payouts, cancelled projects
Apple Arcade is being criticized by developers for lack of transparency around payments, falling payouts, and cancelled projects. There is, though, hope that Netflix’s move into gaming may lead Apple to showing its own subscription games service.....»»
Apple doesn"t care about games, long-time Apple Arcade developers say
Game developers are expressing frustration about Apple Arcade, as payments plummet and projects get axed by Apple's leadership.Apple ArcadeAs an all-you-can-eat model, Apple Arcade offers developers a way to create games without relying on players op.....»»
EV startup Lucid plans $10M R&D center, 260 jobs in Detroit area
Company representatives are expected to bring a prototype of the Lucid Gravity – the automaker’s planned new crossover vehicle – to Lansing, Mich., for a show-and-tell with public officials Tuesday......»»
Silicon Valley EV startup plans $10M engineering center in Southeast Michigan
Electric vehicle startup Lucid Motors is planning to invest $10 million and create 250 jobs at a new engineering research and development center in metro Detroit......»»
Nvidia tops $2 trillion valuation in first for chipmakers
While Apple and Microsoft took over two years to go from $1 trillion to $2 trillion, Nvidia is on track to accomplish that in under a year’s time as the stock rides Wall Street’s AI frenzy......»»
A New Startup Wants to Turn the Sugar You Eat Into Fiber
Americans eat too much sugar. Food tech company Zya is developing a substance to add to sweet foods that can convert some of that sugar into fiber in the digestive system......»»
Test flights on tap for Space Perspective’s luxury high-altitude balloon
This Florida-based startup wants to fly thousands of customers up to 100,000 feet. Enlarge / Space Perspective's first test capsule, Excelsior, has a diameter of approximately 16 feet (4.9 meters). (credit: Space Perspective).....»»
Report: Galaxy Ring Unveiling Set for July, Features ECG and NFC Payments
Samsung was cheeky earlier this year when it teased the Galaxy Ring wearable for a half second at the end of its Galaxy S24 launch event. They told us nothing about the device. No launch date, no specs, no nada. In a recent report out of Samsung̵.....»»
A Startup’s Mission to Bring Back the Woolly Mammoth Is Being Made Into a Docuseries
Colossal Biosciences has started work on a five-year-long docuseries that follows its de-extinction efforts. That’s just the beginning of its small-screen plans......»»
Researcher: A long voyage to Mars in a confined space could raise stress levels and make the journey more challenging
Within the next few decades, NASA aims to land humans on the moon, set up a lunar colony and use the lessons learned to send people to Mars as part of its Artemis program......»»
Scout Motors SUV, pickup design won"t be trapped in the "70s, CEO Scott Keogh says
EV startup Scout Motors has fully embraced the heritage of International Harvester's vehicles. But that doesn't mean the upcoming designs will be overtly retro......»»