Tag: Venture capital
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AI memory startup focused on cutting token costs raises $98 million
Engram enters the market as the AI industry grapples with a rising cost problem fueled by more expensive models.
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Why India’s wealthy families are betting on startups as venture capitalists pull back
From real estate to technology, India’s affluent families are channelling more of their fortunes into startups through family offices as founders increasingly seek investors with a longer-term outlook.
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Tesla faces federal probe after Model 3 slams into Texas home, killing 76-year-old
Harris County authorities said that the driver, Michael Butler, said that he had been using Tesla’s partially automated driving systems.
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Waymo recalls about 3,900 robotaxis after some drove into ‘freeway construction zones’
After some Waymo robotaxis drove into closed construction zones, the company implemented a recall to fix underlying software issues.
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Here are 5 wild stats from SpaceX’s first week on the Nasdaq
SpaceX’s first few days of trading have been filled with superlatives, from trading volume to the size of the company’s first acquisition.
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SpaceX adds longtime Elon Musk ally Roelof Botha to board
Roelof Botha, who worked with Elon Musk at PayPal in the dot-com era before becoming a prominent venture capitalist, is joining the SpaceX board.
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SpaceX gets assist from DOJ in effort to toss NAACP air pollution lawsuit
The DOJ is asking a Mississippi federal court to dismiss a lawsuit filed by the NAACP against Elon Musk’s xAI, now owned by SpaceX.
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SpaceX is way ahead of competitors with Starlink, but growth is harder heading into IPO
Heading into its IPO, SpaceX’s only profitable business is Starlink. But there are red flags for investors.
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Ex-Andreessen Horowitz partner slams his old firm, other VCs for ‘political infiltration’ around AI
John O’Farrell, former partner at Andreessen Horowitz, says the PAC Leading the Future, backed by his old firm, is trying to “intimidate politicians.”
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Silicon Valley’s new buyout playbook is hitting Wall Street
Instead of selling AI tools to companies, venture firms are buying legacy companies outright and rebuilding them around AI from the inside.
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