The company said the cuts were part of a restructuring meant to help scale to profitability. Rivian recently pushed back its profitability goal to invest in autonomy.
Snap finally debuts its long-awaited AR glasses, Specs, and, oof, they aren’t cheap
After many years, Snap is finally launching its next consumer-focused smart glasses line.
Sixty percent of U.S. consumers say ‘AI’ in brand messaging is a turnoff, survey finds
WordPress VIP’s latest survey suggests consumers are wary of AI-generated answers even as companies increasingly view AI search as an important referral channel.
Payments startup Flutterwave hits $3.2B valuation, backed by Ripple
African payments infrastructure company Flutterwave has hit a new valuation and landed blockchain company Ripple as investor and partner.
DOJ claims xAI’s unpermitted gas turbines are a matter of ‘national, economic, and energy security’
The Justice department says the Pentagon needs xAI to keep using its unpermitted gas turbines.
Plaud says its software business topped $100M in ARR after shipping over 2M AI notetakers
Plaud is trying to make a mark in a crowded market full of AI-powered meeting notetakers.
Robinhood’s note on 10% layoffs shows blaming AI isn’t cutting it
Unlike many of his tech industry peers who have cut thousands of jobs citing the need to restructure to make the most of AI, Robinhood’s CEO Vlad Tenev conspicuously made no mention of AI in his note about layoffs.
SpaceX passes Amazon as valuation balloons to $2.7T
SpaceX’s valuation has increased by $1 trillion since its shares started trading on Friday.
Probably raises $9M to build a more reliable kind of AI
Probably wants to prevent hallucinations and factual errors from reaching users, and achieve accuracy on par with deterministic systems.
Building better batteries: how can computer simulations shorten development time while improving safety?
[[{“value”:” Building better batteries: how can computer simulations shorten development time while improving safety? Published: As the global shift to renewable energy accelerates, so does our need for batteries, both for personal use and in industry. Batteries need to store more energy than ever before, at lower costs, while also being sustainable and safe. At RWTH Aachen University in Germany,…