Self-driving trucks startup Einride plans to go public via a SPAC

Swedish electric and autonomous truck startup Einride has announced its plan to go public. The company will merge with a special purpose acquisition company called Legato Merger Corp. This merger values Einride at one point eight billion dollars in pre-money…

Figma bets on India to expand beyond design

Figma is expanding its presence in India by establishing a local office and hiring Indian talent. This move aims to deepen ties with one of its largest user communities. The company is also making a broader push to win over…

The global race for the AI app layer is still on

The United States is far ahead of Europe in the race for large AI models. However, the picture is different for the application layer, where emerging category leaders such as Lovable and Synthesia are appearing. This is the conclusion made…

SoftBank’s Nvidia sale rattles market, raises questions

Masayoshi Son is not known for half measures. The SoftBank founder’s career has been defined by bold bets, each one seemingly more ambitious than the last. His recent decision to cash out his entire five point eight billion dollar NVIDIA…