It may seem crazy to some, launching a new product line when your flagship business has shed two-thirds of its paper value. But Howie Liu, founder and CEO of Air tablesuggest it’s the best you can do. The company that…
Pinterest said on Tuesday that it plans to lay off less than 15% of its workforce to reduce office space and reallocate resources to AI initiatives. In a regulatory filingthe company noted that it will complete the layoffs by the…
Luminar received the higher bid its lidar business as the court-run auction ends there, according to new filing in case of bankruptcy of the company. MicroVision, a Redmond, Washington company that has developed its own lidar sensors, submitted a $33…
Uber has more than 20 autonomous vehicle partners, and they all want one thing: data. So the company says it will be available through a new division called Uber AV Labs. Despite the name, Uber is not returned to develop…
Space is an increasingly crowded place due to the constant deployment of new satellites and is becoming increasingly cramped as the cost of orbiting them drops. That dynamic is appealing to startup Northwood Space, which has spent the past few…
A new risk assessment has found that chatbot xAI Grok has insufficient identification of users under 18 years old, weak safety guardrails, and often produces sexual, violent, and inappropriate material. In other words, Grok is not safe for children or…
People all over the world now spend hours a day on their smartphones. On average, the daily use of smartphones exceeds three hours, and for adults, the total screen time increases to six hours or more, according to research. This…
As demand grows for a privacy-first enterprise AI that can run without sending sensitive data to the cloud, SpotDraft has raised $8 million from Qualcomm Ventures in a strategic Series B extension to scale contract review technology in tools for…
Google agreed to pay $68 million to settle claims its voice assistant illegally spied on users, among other things, served ads, Reuters reports. Google did not admit fault in the settlement of the class-action case, ie accuse really of the…
Recursive Intelligence, a startup building AI systems to automatically design and improve AI chips, has raised $300 million at a $4 billion valuation. The company said there this round led by Lightspeed. Recursive says the system will be able to…