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French e-bike startup Angell nears bankruptcy

Angell, a French smart electric bike startup, has announced in an email to customers that the company is declaring insolvency and approaching a court to ask for judicial liquidation. “It’s over for Angell,” said company co-founder and CEO Marc Simoncini on Instagram. (He also happens to be a judge on the French version of “Shark […]

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Kodiak has made its first driverless truck deliveries to customer Atlas Energy

Kodiak Robotics has officially handed off two autonomous trucks to customer Atlas Energy Solutions, marking the startup’s first commercial launch.  Atlas, a provider of proppant (i.e., sand) and oilfield logistics, received its first Kodiak-equipped trucks in December and began driverless operations in an off-road environment in West Texas’s remote Permian Basin shortly after. The company […]

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Threads is testing ads in the U.S. and Japan

Meta’s X rival Threads said Friday that it is now testing ads with select brands in the U.S. and Japan. Instagram head Adam Mosseri said that the company will listen to feedback before expanding this experiment in other markets. “We know there will be plenty of feedback about how we should approach ads, and we […]

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Sam Altman’s World now wants to link AI agents to your digital identity

OpenAI CEO Sam Altman took the technology world by surprise on Thursday with the release of Operator, his company’s first AI agent that can act autonomously on the web. But OpenAI is not Altman’s only venture that’s trying to capitalize on the popularity of AI agents. Altman’s World project now wants to create tools that […]

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Flip, the TikTok Shop rival, launches a creator fund that grants up to $100M of equity

Flip is a social commerce app that lets shoppers become creators. They can share honest reviews and earn cash based on engagement on the platform. As Flip competes with TikTok Shop and other platforms in a highly competitive market, it has introduced a new creator fund that offers a unique opportunity to help it stand […]

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Mark Zuckerberg says Meta will have 1.3M GPUs for AI by year-end

Meta CEO Mark Zuckerberg said that the company plans to significantly up its capital expenditures this year as it aims to keep pace with rivals in the cutthroat AI space. In a Facebook post Friday, Zuckerberg said that Meta expects to spend $60 billion-$80 billion on CapEx in 2025, primarily on data centers and growing […]

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OpenAI’s Stargate project reportedly doesn’t have the money it needs

Stargate — the massive infrastructure project to build data centers for OpenAI in the U.S. — lacks a fully developed plan and hasn’t secured funding yet, according to a report from the Financial Times. Backed by OpenAI, SoftBank, Middle East AI fund MGX, and others, Stargate would funnel around $100 billion — and upward of […]

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Apple admits next-gen CarPlay is late, but still in development

Though Apple rarely misses self-imposed deadlines, it’s done so with the next generation of CarPlay. The company originally teased the update back in 2022. With this new version, CarPlay will integrate seamlessly with the instrument cluster to provide information on speed, climate control, and other car data. Apple had promised an initial rollout for a […]

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Google commits to combating fake reviews in the UK after 5-year probe

The U.K.’s antitrust regulator has reached an agreement with Google to counter the scourge of fake online reviews. The internet giant has committed to several remedies. Bogus endorsements have blighted the web since the creation of user reviews, which is why regulators around the world have been upping the ante on tech companies to put […]

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Allara lands $26M to expand women’s hormone telehealth

Growing up with an OB-GYN father, Rachel Blank assumed that most women received excellent gynecological care. She regularly witnessed her dad’s patients thanking him for delivering their child when they would bump into him around town. But Blank realized that not all women’s health issues are treated equally when, at the age of 21, she was […]

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Foyer unlocks $6.2M to help people save up to buy homes

Landy Liu knows how hard it is to save for a home.  While working at mortgage startup Better.com, he spent years dealing with first-home home buyers who felt overwhelmed when it came to shopping for homes. By the time it was his turn in 2022, mortgage rates had nearly doubled, and he found himself in […]

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LG Electronics takes majority stake in Bear Robotics, reportedly valuing startup at $600M

LG Electronics is betting on robotics as its next big growth driver. The South Korean electronics company said on Friday that it has agreed to acquire an additional 30% stake in Bear Robotics, a California-based startup it previously backed that is building AI-powered server robots for restaurants. The deal gives LG a majority ownership of […]

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Apple expands its in-app purchase tools to cover creator experiences, large content catalogs, and more

Apple announced on Thursday a new API called the Advanced Commerce API to support more in-app purchase formats, such as subscriptions and content add-ons. The company added that it is not changing the commission structure to support these use cases. “The App Store facilitates billions of transactions annually to help developers grow their businesses and provide a world-class […]

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Tata acquires 60% stake in Apple partner Pegatron’s India unit

Tata Electronics has acquired a 60% controlling stake in the Indian arm of Apple assembly partner Pegatron as the conglomerate expands its iPhone-manufacturing capacity in the country. Taiwan-based Pegatron operates three iPhone production plants in India, including one near Chennai in India’s southern state of Tamil Nadu. The deal comes less than a year after […]

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Madrona just announced its biggest fund ever, closing on $770M as other venture funds grow smaller

Seattle-based Madrona Ventures is celebrating its 30 years in business by raising $770 million in fresh capital. This is the firm’s largest fundraise to date, exceeding $690 million across two funds Madrona closed in 2022.  While an 11% capital pool upsize may not seem significant, any increase at a time when many venture outfits are […]

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Reliance plans world’s biggest AI data center in India, report says

Mukesh Ambani’s Reliance is planning to build what could become the world’s largest data center in Jamnagar, India, with a capacity of 3 gigawatts to capitalize on surging AI demand. The facility would dwarf the current largest data center, Microsoft’s 600-megawatt site in Virginia, Bloomberg reported Friday. The project could cost between $20 billion and […]

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Tesla’s redesigned Model Y is coming to North America in March for $60,000

Tesla has announced that its redesigned Model Y SUV is coming to the U.S., Canada, and Mexico in March, with a starting price just shy of $60,000. The news comes just two weeks after Tesla revealed the new-look Model Y and said the SUV was coming to China and other Asian markets, also in March. […]

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Even some of the best AI can’t beat this new benchmark

The nonprofit Center for AI Safety (CAIS) and Scale AI, a company that provides a number of data labeling and AI development services, have released a challenging new benchmark for frontier AI systems. The benchmark, called Humanity’s Last Exam, includes thousands of crowdsourced questions touching on subjects like mathematics, humanities, and the natural sciences. To make […]

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JetBrains launches Junie, a new AI coding agent for its IDEs

JetBrains, the company behind coding tools like the IntelliJ IDE for Java and Kotlin (and, indeed, the Kotlin language itself), on Thursday launched Junie, a new AI coding agent. This agent, the company says, will be able to handle routine development tasks for when you want to create new applications — and understand the context […]

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