Tag: Venture capital
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Y Combinator’s Garry Tan says ‘do nothing’ about distillation as AI giants accuse China of copying their tech
At Y Combinator’s annual Demo Day, CEO Garry Tan explained why he’s less concerned about frontier AI model distillation and the existential risk of AI.
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Tesla’s stock drops as Cybercab update ‘underwhelms’ Wall Street
Tesla’s long-awaited Cybercab update failed to dazzle investors.
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A ‘shakeout’ in early-stage AI may be coming as VC money gets pickier on valuations
Investors should keep an eye out for excessive valuations and focus on productivity when it comes to investing in AI companies, market watchers say.
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‘No steering wheel, no pedals.’ Tesla teases fans ahead of long-awaited Cybercab update
Tesla first unveiled the Cybercab almost two years ago, and fans of the company have been waiting to hear more.
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Waymo and Zoox expand into more U.S. markets as robotaxi race heats up
Waymo is bringing driverless rides to three more cities, and Amazon plans to start testing in two additional U.S. markets.
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OpenAI to end model access to Cursor after acquisition by Elon Musk’s SpaceX
OpenAI plans to end model access through Cursor on Nov. 12, citing concerns after SpaceX’s $60 billion acquisition of the coding startup.
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Temasek-backed investor behind Unitree pitches Singapore as Chinese robots’ path to U.S.
As Washington shuts out Chinese robotics, a Temasek-backed VC bets that startups with genuine development in the city-state can still reach American buyers.
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SpaceX plans to build a $100 billion spaceport in Louisiana
SpaceX plans will establish its Starbase LA in Vermillion Parish in order to “support thousands of launches annually.”
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Tesla recalls 3 million vehicles in China over doorhandle safety, driver monitoring
Tesla will voluntarily recall about 3 million of its vehicles in China to address doorhandle safety concerns and deficient driver monitoring systems.
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Goldman says hedge funds suffered worst underperformance vs S&P 500 in July in more than 20 years of data
Goldman says hedge funds suffered worst underperformance vs S&P 500 in July in more than 20 years of data.
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