Feds clear the way for robotaxis without steering wheels and pedals
The National Highway Traffic Safety Administration (NHTSA) on Friday proposed a new national framework that could make it easier for companies to deploy at scale autonomous vehicles without traditional manual driving controls — like steering wheels, pedals, and sideview mirrors.
The guidel
VCs pledge not to take money from Russia or China, and Databricks raises a humongous round
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This week was full of news, likely because it is also the last “real” week of 2024. Which is another way for us to say goodbye
Here's the full list of 49 US AI startups that have raised $100M or more in 2024
For some, AI fatigue is real. But clearly venture investors haven't grown tired of the category.
AI deals continued to dominate venture funding during the third quarter. AI companies raised $19 billion in Q3, according to Crunchbase data. That figure represents 28% of all venture funding.
OpenAI announces new o3 models
OpenAI saved its biggest announcement for the last day of its 12-day “shipmas” event.
On Friday, the company unveiled o3, the successor to the o1 “reasoning” model it released earlier in the year. o3 is a model family, to be more precise — as was the case with o1. There
OpenAI 2024 event: How to watch new ChatGPT product reveals and demos
OpenAI is in the holiday spirit, it seems. The ChatGPT series of reveals, called “12 Days of OpenAI,” will be streamed live at 10 a.m. PT each weekday through December 20. So far, we’ve seen the launch of ChatGPT Pro, OpenAI's $200 per month subscription plan; the full version of its
Swizzle Ventures raises $5M for inaugural fund addressing women’s health and wealth
There is a new venture fund in town. Swizzle Ventures, founded by Jessica Kamada, former COO of the marketing agency Bamboo, has raised just over $5 million for its Fund I, according to an SEC filing. There was no target raise amount.
The firm, which quietly opened in 2023, is an early-stage fir
Rivian executives accused of harassment in previously unreported lawsuits
Four employees have sued Rivian in separate lawsuits this year over allegations they were harassed, in some cases by top executives, and that the company's leadership did little to address their concerns, according to a technewss review of court records.
Rivian has also reached settlements in
Apple sends spyware victims to this nonprofit security lab
Before the elections, the cybersecurity team of U.S. vice president and then-presidential candidate Kamala Harris reached out to Apple asking for help, according to Forbes, after a tool that's designed to detect spyware on iPhones flagged anomalies on two devices belonging to campaign staffers.
Energy Revolution Ventures’ $18M fund lays a bet on ‘new chemistry’ startups in energy and hydrogen
What happens when a chemical engineer, who's previously built a hydrogen-powered drone, becomes a venture capitalist? Energy Revolution Ventures (ERV), that's what. The VC has now closed an $18 million seed and Series A fund to invest in deep tech, such as energy storage, carbon capture, an
‘Genius Girl’ goes from inspiring a Korean TV show character to raising a $100 million AI fund
On the weekend, as most students were stumbling back from the bars, Songyee Yoon was rushing across her South Korean campus. Around dinner time, she would run some programs on her college's supercomputer and then, as the computer chugged through her program, she'd wait sleepless in her dorm
Bluesky adds mentions tab in the notifications screen and username squatting protection
Social network Bluesky has released a new update to its app that includes a separate mentions tab in notifications, protections against username squatting, and new controls for replies sorting.
The company announced that it is adding a new mentions tab with the v1.96 rollout to let you see those p
Uzbekistan’s mobile bank TBC bags $37M to expand with new AI and insurance products
Uzbekistan’s mobile-exclusive bank, TBC Bank Uzbekistan, has raised $37 million in a new funding round to bolster its dominating digital presence in the Central Asian nation by developing new AI and tech products and attracting more tech-savvy customers.
The fresh investment, made by the ban
British university spinoff Mindgard protects companies from AI threats
AI creates a dilemma for companies: Don’t implement it yet, and you might miss out on productivity gains and other potential benefits, but do it wrong, and you might expose your business and clients to unmitigated risks. This is where a new wave of “security for AI” startups comes
Sam Altman once owned some equity in OpenAI through Sequoia
OpenAI CEO Sam Altman sat before Congress in 2023 to testify about the dangers of AI. He told American lawmakers at the time that he owns no equity in OpenAI, something he’s said many times, claiming he just runs the company because he loves it.
However, Altman recently said he actually did