Tesla has discontinued Autopilot, its basic driver-assistance system. The company is making this move to boost adoption of its more advanced technology, called Full Self-Driving (Supervised). This decision coincides with Tesla facing a 30-day suspension of its manufacturing and dealer…
There is a feeling of schadenfreude in Silicon Valley when a unicorn stumbles. So when the news broke on Thursday afternoon that Capital One will acquire Brex for $5.15 billion in cash and stock, you could practically hear the collective…
Kais Khimji has spent most of his professional career as a venture investor, including six years as a partner at the prominent VC firm Sequoia Capital. Like several other former Sequoia partners, such as Nubank founder David Vélez, Khimji always…
Defense technology company Anduril announced its plans on Thursday to expand its Southern California presence with a major new campus in Long Beach. This coastal city is where founder Palmer Luckey grew up. The expanded campus will eventually support approximately…
General Motors is reorganizing where it manufactures its vehicles, shifting production away from China and Mexico to a United States factory in Kansas. This change will also bring an end to the rebooted Chevrolet Bolt EV, which is currently the…
Vimeo is laying off staff across its global operations. This news follows the video platform’s recent acquisition by the Italian technology conglomerate Bending Spoons. The purchase, completed last year, was an all-cash deal valued at one point three eight billion…
OpenAI has reorganized its leadership and selected a familiar figure to head its push into selling AI to business customers. The company aims to catch up to its rivals in 2026. The company appointed Barret Zoph to lead its efforts…
Nearly two years ago, Microsoft CEO Satya Nadella predicted that AI would soon replace knowledge work—the white-collar jobs held by lawyers, investment bankers, librarians, accountants, IT professionals, and others. Despite the significant progress made by foundation models, this transformation in…
There is a feeling of schadenfreude in Silicon Valley when a unicorn stumbles. So when the Wall Street Journal broke the news Thursday afternoon that Capital One will acquire Brex for $5.15 billion in cash and stock, you could practically…
General Motors is reorganizing where it manufactures its vehicles, shifting production away from China and Mexico to a United States factory in Kansas. This move will also bring an end to the revived Chevrolet Bolt EV, which is currently the…
