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Venture capitalists have placed increasingly bigger bets on AI startups, investing over half a trillion dollars into the sector over the last five years. But these days, the smartest AI investment might be in energy, according to a report by Sightline Climate. Researchers found that up to 50% of data center projects that have been…
The U.S. and Europe have a nickel problem. The critical mineral is used in everything from batteries and missiles to electronics and steel. And yet, the two regions have struggled to mine and refine it largely due to permitting issues and waste concerns. Indonesia and China dominate the refining process. Dig a little deeper, though,…
Most enterprise AI projects fail not because companies lack the technology, but because the models they’re using don’t understand their business. The models are often trained on the internet, rather than decades of internal documents, workflows, and institutional knowledge. That gap is where Mistral, the French AI startup, sees opportunity. On Tuesday, the company announced…
The AI-powered design platform Picsart is launching an AI agent marketplace, allowing creators to “hire” AI assistants to help them with specific tasks, like resizing and remixing social content, or editing product photos on Shopify. With over 130 million worldwide users that skew Gen Z, Picsart is like a more advanced Canva for social media…
I get it; it’s not an easy time for a legacy automaker to be selling electric vehicles, what with incentives being gutted and Chinese automakers knocking at the door. But Honda is taking it to another level. This week, Honda killed its paltry — and frankly unpromising — EV programs. What little motivation Honda had to compete…
In the lead up to the Tumbler Ridge school shooting in Canada last month, 18-year-old Jesse Van Rootselaar spoke to ChatGPT about her feelings of isolation and an increasing obsession with violence, according to court filings. The chatbot allegedly validated Van Rootselaar’s feelings and then helped her plan her attack, telling her which weapons to…
Elon Musk’s Neuralink and OpenAI-backed Merge Labs are pushing forward with brain–computer interface (BCI) technology in the U.S. Meanwhile, Chinese serial entrepreneur Phoenix Peng is building rival efforts through two startups: NeuroXess, which develops implantable BCI systems, and a second company, Gestala, developing non-invasive ultrasound-based BCIs. Gestala has raised $21.6 million (CN¥150 million) just two…
“Our health trackers like Oura and Fitbit saved our lives” Maeve O’Neil, a 19-year-old freshman at George Washington University, knew she was sick — but had no idea just how dire it had become. It was seeing a dramatic spike in her respiratory rate, resting heart rate and body temperature through her device that gave…
Drew Perkins has been inventing computer network tech and building startups since the dawn of the internet age. Now he’s back as a co-founder and CEO of AI networking startup Eridu that’s officially coming out of stealth on Tuesday with an oversubscribed $200 million Series A round. The round was led by Socratic Partners, renowned…
Uzbekistan fintech Uzum has reached a $2.3 billion valuation — about 53% higher than just seven months ago — as investors place growing bets on the country’s emerging digital economy. The valuation stems from a $131.5 million investment led by sovereign wealth funds from Oman, with participation from existing investors including Tencent, VR Capital, and…