Tesla has quit Autopilot, the basic driver assistance system, as companies try to boost adoption of a more advanced version of the technology called Full Self-Driving (Supervised). The decision comes as the company faces a 30-day suspension of manufacturing and…
Kais Khimji has spent most of his professional career as a venture investor, including six years as a partner at the renowned VC firm Sequoia Capital. But like several other former Sequoia partners—including David Velez, who founded Brazilian digital bank…
Defense technology company Anduril on Thursday declare plans to expand its presence in Southern California with its main campus in Long Beach, the coastal city where founder Palmer Luckey grew up. The expanded campus will support around 5,500 jobs. Luckey…
There is a sense of schadenfreude in Silicon Valley when unicorns stumble. So when the WSJ broke in news Thursday evening that Capital One will acquire Brex for $5.15 billion in cash and stock (Capital One issued official release confirm…
OpenAI has reshuffled some of its leaders and appointed a familiar face to lead the push into selling AI to business customers as the company looks to catch up with its rivals in 2026. The company has appointed Barret Zoph…
Vimeo, a video-hosting platform, is laying off some of its global staff, according to report from Business Insider. The move came shortly after corporate acquisitions by Italian tech conglomerate Bending Spoons, which it bought in an all-cash deal last year…
General Motors is shuffling where vehicles are made in a move that will move production away from China and Mexico and to a US factory in Kansas. The changes also mean the end of the rebooted Chevrolet Bolt EV, the…
The creators of the vLLM open source project have declare they transitioned a popular tool to a VC-backed startup, Infeact, raising $150 million in seed funding at a $800 million valuation. The round was led by Andreessen Horowitz and Lightspeed…
LiveKit, an infrastructure software developer for real-time AI voice and video applications, has declare raising from $100 million in funding at a cost of $1 billion. Round, which came ten months after LiveKit’s previous fundraisersled by Index Ventures with participation…
It’s been almost two years since Microsoft CEO Satya Nadella predicted AI will replace knowledge work – white collar jobs held by lawyers, investment bankers, librarians, accountants, IT and others. But despite the great progress made by the foundation model,…