Rivian sacrifices 2027 profit goal to push deeper into autonomy
Rivian admitted in a regulatory filing that it is delaying its goal of reaching “positive EBITDA” next year because of how much it is spending on developing self-driving technology.
K2 to launch its first high-powered satellite for space compute
K2’s Gravitas is an ambitious project that aims to demonstrate the tech needed to build data centers in space.
Anori, Alphabet’s new X spinout, is tackling one of the world’s most expensive bureaucratic nightmares
Anori aims to shrink down the pre-development process by getting all parties, including the city, on to a unified platform from the start so that compliance conflicts are surfaced in weeks instead of months or years.
Tools for founders to navigate and move past conflict
Founders can create frameworks for working through conflict and change when the team is just two or three people, and if done correctly, it can scale with the company.
Consumer-focused privacy company Cloaked raises $375M as it expands to enterprise
Cloaked’s latest round is a mix of equity and growth funding.
Tubi joins forces with popular TikTokers to create original streaming content
Tubi launched its “Creatorverse Incubator” to help TikTokers create original shows exclusively for the streaming service.
Arc expands into electric commercial and defense boats with $50M raise
The Los Angeles startup raised $50 million from Eclipse, a16z, Menlo Ventures, and others as it seeks to expand beyond sport boats.
Feds intensify investigation into Tesla’s Full Self-Driving (Supervised) software
The National Highway Traffic Safety Administration has upgraded its probe after finding more instances of Tesla’s driving software struggling in low-visibility conditions.
Amazon brings Alexa+ to the UK
The company is currently letting users in the U.K. try out Alexa+ for free via an early access program.
Uber taps Rivian to build robotaxis in deal worth up to $1.25B
Uber is kicking off the partnership with an initial $300 million investment, while Rivian will provide as many as 50,000 autonomous R2 SUVs.