Lucid Motors’ chief engineer retires after 10 years
Lucid Motors Chief Engineer Eric Buck will retire from the company after more than 10 years, the company announced. Bach, who also served as senior vice president of products at Lucid Motors, has been with the company since 2015. He joins Lucid after three years as Director of Engineering at Tesla, working alongside Peter Rawlinson, […]
Lina Khan to co-chair New York Mayor-elect Zoran Mamdani’s transition team
After Zoran Mamdani won the New York mayoral race on Tuesday night, his campaign announced that former FTC Chair Lina Khan would be one of four co-chairs of his transition team. Mr. Khan is an ally of Mr. Mamdani and praised his work helping small business owners in an op-ed in the New York Times. […]
University of Pennsylvania confirms hackers stole data during cyber attack
The University of Pennsylvania acknowledged Tuesday that hackers stole the university’s data as part of last week’s data breach, during which alumni and other officials received suspicious emails from official university email addresses. The message from the hacker read, “We have been hacked.” “We love breaking federal laws like FERPA (all your data will be […]
This startup’s metal stack could help solve AI’s huge heat problem
When Nvidia announced its Rubin series of GPUs in March, it also dropped the bombshell that racks with the Ultra version of the chips, scheduled to be released in 2027, could draw up to 600 kilowatts of power. That’s nearly twice as fast as today’s fastest EV chargers. As data center racks become more power-hungry, […]
SoftBank and OpenAI launch new joint venture in Japan as AI transactions become increasingly circular
The way AI trading is done these days, it appears that AI companies and their investors are copying the Circle of Life. However, it is a cycle of profit and will ensure that the money eventually returns to your coffers. Case in point: SoftBank, which has invested tens of billions of dollars in OpenAI and […]
Former Meta employee launches “Sandbar,” a smart ring that takes voice notes and controls music
A number of voice-based hardware devices are emerging for companionship, productivity, or personal growth purposes. These include Plaud and Pocket card-like devices. Friend, Limitless, Taya pendant. And Bee wristbands, which are now part of Amazon. Now, two former Meta employees who worked in interface design have launched Sandbar, a startup that created a ring called […]
Amazon sends legal threat to Perplexity over agent browsing
Amazon has instructed Perplexity to remove Agent Browser from its online store, the companies publicly confirmed on Tuesday. After warning Perplexity multiple times that its AI-powered shopping assistant Comet was violating Amazon’s terms of service by not disclosing its agent status, the e-commerce giant sent the AI search engine startup a sharply worded cease and […]
Beta Technologies ends its first day in the green on the New York Stock Exchange, raising $1 billion
Shares of electric aviation startup Beta Technologies fell on Tuesday after the company raised a whopping $1 billion and went public on the New York Stock Exchange. The Vermont-based company priced its IPO stock at $34, above its expected range of $27 to $33. Beta Technologies sold 29.9 million shares, raising an additional $1 billion […]
Rivian creates another spinoff company called Mind Robotics
Rivian launched a second spinoff company this year, an industrial AI and robotics venture called Mind Robotics. According to the company’s third-quarter shareholder letter issued Tuesday, the new efforts will focus on “leveraging industrial AI to reimagine how businesses operate in the physical world and leverage Rivian’s operational data as the foundation for the robotics […]
Sequoia names Alfred Lin and Pat Grady new co-stewards following Roelof Botha’s resignation
Just over three years after becoming Sequoia Capital’s top leader, Roelof Botha is stepping down from his senior management role at the storied venture capital firm. The company announced Tuesday that partners Alfred Lin and Pat Grady will replace him as co-stewards. Lin joined the storied company in 2010 and has led major investments in […]