Commonwealth Fusion Systems marked a major milestone Tuesday morning, announcing the installation of a key component of its Sparc demonstration reactor. The new part is a 24-foot wide, 75-ton stainless steel circle that forms the foundation of the tokamak, the doughnut-shaped heart of a fusion reactor that CFS hopes will be the first of its […]
Waymo to launch robotaxi service in Washington D.C. in 2026
Waymo said Tuesday it will begin offering robotaxi rides via the Waymo One app in Washington D.C. in 2026. Before it can launch commercially, the company will have to up its lobbying game in the capitol, where autonomous vehicle permits still require a human behind the wheel. The news from Waymo comes as the Alphabet-owned […]
Daphni secures $215M for its third fund
French VC firm Daphni is announcing the first closing of its new fund, Daphni Blue. The firm has raised €200 million (around $215 million at current exchange rates). It expects to raise as much as €250 million ($270 million) by the end of the year. Some of Daphni’s most remarkable past investments include Back Market, […]
a16z and Benchmark-backed 11x has been claiming customers it doesn’t have
Last year, AI-powered sales automation startup 11x appeared to be on an explosive growth trajectory. However, nearly two dozen sources – including investors, current and former employees – tell TechCrunch that the company has experienced financial struggles, largely of its own making. Numerous people in the U.S. and U.K. told TechCrunch that the situation has […]