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In July and August, Washington tightened restrictions on foreign-made advanced robotic systems and imposed steep tariffs on imported drones and their components, both moves citing national-security concerns. The drone tariffs take effect in September, with additional component tariffs following in 2027. These moves are part of a broader U.S. effort to restrict foreign technology in…
Nearly every company that’s trying to deploy artificial intelligence runs into the same problem: it’s hard to integrate the tech into everyday operations. Industrial heavyweight Caterpillar has spent decades dealing with a version of that problem in the physical world, and now it’s using its experience to deploy AI. Caterpillar’s push into the autonomous space…
As projects like Pacing the Frontier look to major labs as a way to keep AI research safe, open-source models have become a sore spot for the industry. With free distribution and little control over how they’re used, open-weight models aren’t easily controlled, leading some labs to treat them as downright scary. But at the…
AI chip company SambaNova Systems has raised $1 billion at an $11 billion valuation led by General Atlantic, in a first close of its Series F round, with more investors expected to join soon. “In the next few weeks, a few more investors will be coming in, and the second close is likely to finish…
Meta and Snap rolled out new smart glasses last month, the latest sign that the industry is racing to put a camera and an AI assistant onto users’ faces. As the fast-growing market heats up, upstarts like Even Realities are muscling in on the giants. Even Realities, a three-year-old Shenzhen-headquartered startup, has raised $150 million…
Meta has begun dismantling its $2 billion acquisition of Manus, completing an operational separation from the Chinese-founded AI startup and halting data sharing between the two companies. This is the most concrete step yet toward complying with a divestiture order Beijing issued roughly two months ago on national security grounds. Meta has cut Manus off…
China’s humanoid robots grabbed global attention with kung fu flips at the nation’s televised Spring Festival Gala, while Chinese phone maker Honor is set to unveil its first humanoid robot at MWC in Spain. Robotics was flagged as a priority under the country’s “Made in China 2025” plan, albeit originally focused on factory automation, rather…
When Mark Lee was a law student at Harvard, a trademark class exposed him to the staggering scale of counterfeiting, an illicit industry worth more than $3 trillion annually, and set him on an unexpected path to entrepreneurship. “I was always broadly interested in technology and startups, but I never really thought I’d be an…
Eyebot, a startup offering a 90-second vision test kiosk that delivers doctor-verified glasses prescriptions, has secured $20 million in Series A funding. The Boston-based startup, founded in 2021, streamlines how people access vision care by eliminating traditional obstacles, such as appointment delays, limited accessibility, complex insurance requirements, and cost. Its kiosks, already found in malls, universities,…
Canary Capital has filed for a US-only crypto ETF, aiming to track an index of American-rooted digital assets as the SEC weighs other fund applications. US digital asset investment firm Canary Capital Group has filed with the Securities and Exchange Commission (SEC) to launch the Canary American-Made Crypto ETF (MRCA). According to a Friday filing,…