An AI humanoid robot startup raised $675 million — including from Microsoft and OpenAI

We might be getting closer to having human coworkers. Figure, an AI company developing humanoid robots…

An AI license plate surveillance startup installed hundreds of cameras without permission

Flock, a startup which promotes a surveillance state, has installed car tracking cameras in 4,000 cities…

Weekend Business News Roundup February 24, 2024

Capital One announced Monday that it is acquiring the credit card company Discover in an all-stock…

Coca-Cola stock falls after executives use 2 scary words

Coca-Cola stock dipped after executives gave its investors an (apparently) unconvincing spiel about the company’s success…

Unicorn companies aren’t that special anymore

ByteDance, SpaceX, and Shein: what do these companies have in common? They’re all unicorns, which refers…

AI helped a mining startup backed by Jeff Bezos and Bill Gates find a major copper deposit

California-based KoBold Metals announced Monday (Feb. 5) that it has found an expansive copper deposit in…

AI startups are resurrecting San Francisco’s commercial real estate

It’s no secret that like the rest of the country, San Francisco’s commercial real estate has…

China’s lead over the US in chip startup funding is bigger than ever

When it comes to venture capital for computer chips, the gap between the US and China…

Elon Musk’s AI startup is reportedly looking to raise up to $6 billion

Looks like Elon Musk is trying to mount a challenge to OpenAI—with some serious funding behind…

Brex, once a Silicon Valley darling, is laying off 20% of its workforce

Brex, a US fintech startup, has cut more than 200 employees from its 1,000-person workforce. This…