The annual State of European Tech report from venture capital firm Atomico shows that investment is trending upwards. This year’s edition goes beyond a typical ecosystem assessment and has become a piece of advocacy. It reflects a broader shift where…
Tesla has received a ride-hailing permit from Arizona regulators, opening the door for the automaker to begin operating a robotaxi service in the state. A spokesperson with the Arizona Department of Transportation confirmed that Tesla applied for a Transportation Network…
Hugging Face co-founder and CEO Clem Delangue says we are not in an AI bubble, but an LLM bubble, and it may be poised to pop. At an Axios event, the entrepreneur behind the popular AI platform agreed that bubble…
AI data center provider Lambda announced on Tuesday that it has raised one point five billion dollars in a funding round. The round was led by TWG Global, a relatively new forty billion dollar investment firm. TWG Global was formed…
In 2023, Tayla Cannon moved from Australia to the United States for a job in a city she had never seen before. She described it as having no family and no friends, just a fresh start. As someone who suffers…
These days, it is not easy to be a limited partner who invests in venture capital firms. The LPs who fund VCs are confronting an asset class in flux. Funds have nearly twice the lifespan they used to, emerging managers…
Toyota announced on Tuesday it will invest nine hundred twelve million dollars in five United States factories. This investment will expand production of hybrid vehicles to meet increasing demand. As a market leader in hybrid vehicles, this move is part…
Monarch Tractor is facing a new lawsuit that accuses the company of overpromising on the autonomous capabilities of its tractors. Burks Tractor, a dealership in Idaho, has sued Monarch for breach of contract and allegedly violating its warranty. The lawsuit…
After five years, Meta has emerged victorious from a United States Federal Trade Commission lawsuit over its acquisitions of Instagram and WhatsApp. In an opinion released on Tuesday, United States District Court Judge James Boasberg wrote that the Federal Trade…
AI data center provider Lambda announced on Tuesday that it raised one point five billion dollars in a funding round. The round was led by TWG Global, a relatively new forty billion dollar investment firm. TWG Global was formed by…
