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Pickle Robot, which builds autonomous unloading robots for warehouses and distribution centers, announced a new chief financial officer just days after a reports of a major deal with UPS. The Charlestown, Massachusetts-based company announced that it hired Jeff Evanson as its CFO on Thursday. Evanson had been consulting for the company since September and recently…
Amazon is in early discussions to invest as much as $10 billion in OpenAI in a deal that would see the AI lab using the e-commerce giant’s AI chips, CNBC reported. If it materializes, the deal would value OpenAI at more than $500 billion, Bloomberg reported, citing an anonymous source. Amazon has been looking to…
SoftBank Group and Nvidia are in talks to lead an investment of over $1 billion at a $14 billion valuation in Skild AI, a software company building a foundational robotics model, Reuters reported. The nearly three-year-old startup was last valued at $4.7 billion in May when it raised $500 million in a round led by…
Defense tech startup Anduril Industries has faced numerous setbacks during testing of its autonomous weapons systems, according to new reporting by the WSJ. The problems cited include more than a dozen drone boats that failed during a Navy exercise off California in May, with sailors warning of safety violations and potential loss of life; a…
A new wave of AI-powered gadgets on the market aims to integrate artificial intelligence into our daily lives like never before. Some of these AI wearables — including necklaces, rings, and wristbands, as well as portable devices — serve as productivity tools, while others claim to act as friendly companions listening to your everyday thoughts. Even…
Apple is getting serious about succession planning, according to a new report in The Financial Times. The company’s board and senior executives are reportedly preparing for the possibility that Tim Cook could step down as CEO as soon as early next year. This would come after Apple’s earnings report in late January, giving the new…
Let’s be honest, most tech wearables are bulky and not exactly what you’d describe as pretty. But when you’re regularly wearing something on your hands, you probably want it to look nice and perhaps even blend in with the rest of your jewelry. That’s the idea behind Oura’s newest smart ring, the Oura Ring 4…
A federal jury in California ruled Friday that Apple must pay medical device maker Masimo $634 million for infringing a patent on blood oxygen monitoring technology. Reuters reports the jury found that the Apple Watch’s workout mode and heart rate notification features violated Masimo’s patent. “This is a significant win in our ongoing efforts to…
While Apple’s iPhone already supports texting, calling emergency services, and contacting roadside assistance via satellite connectivity, the company has many more satellite-powered features in the works, according to Bloomberg’s Mark Gurman. In-development features reportedly include an API allowing app makers to support satellite connections in their own apps, a version of Apple Maps that allows…
Kevin Rose has a visceral rule for evaluating AI hardware investments: “If you feel like you should punch someone in the face for wearing it, you probably shouldn’t invest in it.” It’s a typically candid assessment from the veteran investor, and one born from watching the current wave of AI hardware startups repeat mistakes he’s…