By Stephen Nellis (Reuters) – Humane, the startup founded by ex-Apple Inc executives that raised $100 million earlier this year, said on Friday that it will use Qualcomm Inc’s chips …
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(Reuters) – General Motors said on Friday it had acquired Algolion Ltd, an Israel-based software startup that helps detect problems in batteries. GM said Algolion’s software will help the Detroit …
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By Krystal Hu (Reuters) -Reka, an AI model startup founded by former researchers from Alphabet’s DeepMind, has raised $50 million in a fresh round of funding from investors including Yuri …
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Electric Vehicle Startup Files For Bankruptcy, Sues Investment Partner Will Kessler on June 27, 2023 Electric vehicle startup Lordstown Motors Corp. (LMC) filed for Chapter 11 bankruptcy on Tuesday, blaming …
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By Jane Lanhee Lee OAKLAND, California (Reuters) – Artificial intelligence and quantum computing startup SandboxAQ on Tuesday said it has won a U.S. government contract for military cyber security in …
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By Giulio Piovaccari MILAN (Reuters) – Italian electric-vehicle startup Aehra on Friday unveiled its new, European-made sedan which will serve the high-premium market segment and which joins the firm’s sport-utility …
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By Nick Carey and Barbara Lewis (Reuters) – Graphene added to tyres could replace the toxic chemical 6PPD, U.S. startup Carbon Rivers says, as pressure mounts on the auto industry …
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By Jane Lanhee Lee OAKLAND, California (Reuters) – Canadian AI computer design startup Tenstorrent said on Tuesday it was partnering with South Korea’s consumer electronics firm LG Electronics Inc to …
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By Jane Lanhee Lee OAKLAND, California (Reuters) – Silicon Valley chip startup Ayar Labs raised another $25 million after its latest funding round closed, as demand has increased for faster, …
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By Jane Lanhee Lee OAKLAND, California (Reuters) – Silicon Valley automotive ethernet chip startup Ethernovia Inc said on Monday it had raised $64 million in a Series A funding round …
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By Jane Lanhee Lee OAKLAND, California (Reuters) – Impact Nano, a Massachusetts-based startup that makes specialty chemicals for the semiconductor industry and others, said on Thursday it raised $32 million …
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By David Shepardson WASHINGTON (Reuters) – California-based battery manufacturer startup Sparkz Inc said Tuesday it had agreed to a partnership with the United Auto Workers (UAW) union as it finalizes …
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By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) – Indian ride-hailing startup BluSmart is seeking to challenge Uber and Ola for market share in the country with bets on …
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By Krystal Hu (Reuters) – Data startup Cybersyn said it has raised $62.9 million from investors including Snowflake Inc, Coatue Management and Sequoia Capital, its chief executive told Reuters. The …
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By Jane Lanhee Lee OAKLAND, California (Reuters) – Artificial intelligence chip startup Cerebras Systems on Tuesday said it released open source ChatGPT-like models for the research and business community to …
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(Reuters) – Billionaire Richard Branson’s cash-strapped satellite launch company Virgin Orbit Holdings said on Thursday it is in talks with “interested parties” about an investment in the company. Reuters reported …
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By Krystal Hu and Niket Nishant (Reuters) -HR and payment software startup Rippling said on Friday it has raised $500 million in a new funding round initially intended to help …
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By Jane Lanhee Lee OAKLAND, Calif (Reuters) – New York-based quantum computer startup SEEQC said on Wednesday it has developed a digital chip that can operate at temperatures colder than …
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(Reuters) – Apple Inc is backing a music startup launched by one of its former executives. The company, called Gamma, is the brainchild of former Apple Music Global Creative Director …
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By Krystal Hu (Reuters) – Cohere, an AI foundation model company that competes with Microsoft-backed OpenAI, is in talks to raise hundreds of millions of dollars in a funding round …
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(Reuters) – Japanese startup Aerwins Technologies, which is selling a Star Wars-inspired $555,000 hoverbike, has received approval to list on the NASDAQ in a merger with blank-check firm Pono Capital …
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Judge Thwarts Biden Admin’s Effort To Block Meta’s Acquisition Of VR Startup John Hugh DeMastri on February 1, 2023 The Biden administration’s Federal Trade Commission (FTC) lost a court challenge …
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(Reuters) – Semafor is planning to buy out FTX founder Sam Bankman-Fried’s roughly $10 million investment in the news startup, the New York Times reported on Wednesday, citing the company’s …
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By Lisa Baertlein LOS ANGELES (Reuters) – Logistics startup Flexport on Wednesday said it would cut about 20% of its global workforce as its new chief executive refocuses the business …
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Top Execs Depart Floundering Electric Vehicle Startup John Hugh DeMastri on January 10, 2023 UPDATE: This piece has been updated with comment from a Rivian spokesperson. Several executives at electric …