Tag Archives: Venture capital

Elon Musk shows off humanoid robot prototype at Tesla AI Day

Tesla demonstrates an early prototype of the Optimus humanoid robot at its AI Day 2022 on Sept. 30 Screenshot Tesla CEO Elon Musk and other leaders from the automaker’s AI and hardware teams spoke at the company’s 2022 AI Day, an engineer-recruiting event in Palo Alto, Calif., on Friday night. …

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Joby Aviation can’t hit production targets on time: short report

A Joby Aviation Air Taxi is seen outside of the New York Stock Exchange (NYSE) ahead of their listing in Manhattan, New York City, U.S., August 11, 2021. Andrew Kelly | Reuters Joby Aviation, which is developing quiet, clean electric aircraft, has tantalized shareholders with plans to launch an Uber-like …

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Figma investors score historic coup with Adobe deal in down year

Adobe is paying 2021 prices. It’s 2022. Wall Street hates it. Silicon Valley is thrilled. In a year that’s featured exactly zero high-profile tech IPOs and far more headlines about mass layoffs than big funding rounds, Adobe’s $20 billion acquisition of Figma on Thursday is what some might call a …

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Tesla Gigafactory Nevada leaked audio meeting: new leaders, goals

Tesla CEO Elon Musk is trying to buy Twitter and manage multiple companies at the same time. James Glover II | Reuters Tesla has shaken up leadership at the Gigafactory, its sprawling battery plant outside of Reno, Nevada, and is setting new goals for the facility. Former Vice President of …

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SoftBank exec Rajeev Misra steps back from more roles after losses mount

Rajeev Misra will step down from his role as CEO of SoftBank Global Advisors, which manages the Vision Fund 2. It comes as pressure mounts on SoftBank’s investment strategy amid a string of bad bets and a crash in technology stocks this year. Patrick T. Fallon | Bloomberg | Getty …

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YouTube appoints Mary Ellen Coe as Chief Business Officer, following departure of Robert Kyncl

Robert Kyncl, global head of content at YouTube Inc. Patrick T. Fallon | Bloomberg | Getty Images Long-time YouTube executive Robert Kyncl announced on Monday he’s departing the dominant social video platform in the U.S. after more than 12 years at the company. Google President of global customer solutions Mary …

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Crypto winter is coming — but it will be a ‘warm winter,’ says VC firm

A crypto winter is here but it’s going to be a “warm winter,” according to one crypto bull. Bitcoin may have fallen by more than half from record levels, but “there’s so much more than that,” said Edith Yeung, a general partner at Race Capital. “In some sense, the ‘warm …

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Tesla stock set for 3-for-1 split after market close

17 May 2021, Brandenburg, Grünheide: Elon Musk, Tesla CEO, stands on the construction site of the Tesla factory and greets with his hard hat. Picture Alliance | Picture Alliance | Getty Images Investors in Elon Musk’s electric vehicle company will get two additional Tesla shares after the market close on …

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YouTube removes video by Tesla investors using kids in FSD Beta test

Tesla Model 3 Source: Tesla YouTube has removed a pair of videos from its platform which showed Tesla drivers conducting amateur vehicle safety tests using their own children in place of mannequins in the road or the driveway. The tests were to determine if a slow-moving Tesla equipped with the …

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Fusion industry veterans bet on insanely strong lasers

Inside what’s called the amplifier bay of the Texas Petawatt Laser, where the energy of a laser pulse is boosted. The green light are the pump lasers that amplify or boost the energy of the main laser. Photo courtesy Todd Ditmire As the effects of climate change become more obvious, …

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