Rivian cuts hundreds of workers after R2 deliveries start
The company said the cuts were part of a restructuring meant to help scale to profitability. Rivian recently pushed back its profitability goal to invest in autonomy.
Qualcomm wants to be the chip inside whatever replaces your smartphone, and it just announced two products toward that end
Qualcomm’s CEO said today that the company is working on over 40 new AI hardware designs
Bug in FIFA World Cup internal system gave anyone ability to modify TV stream
A security researcher said a flaw in FIFA’s online platforms allowed her to access several internal systems, including one that could have allowed her to take control of the TV stream of every World Cup match.
Self-driving tech supplier Mobileye wants to be part of the robotaxi revolution — again
The Israeli tech company and Intel subsidiary said it will launch its own robotaxi service in a U.S. city in 2027.
Snap finally debuts its long awaited AR glasses, Specs, and, oof, they aren’t cheap
After many years, Snap is finally launching its next consumer-focused smart glasses line.
Sixty percent of U.S. consumers say ‘AI’ in brand messaging is a turnoff, survey finds
WordPress VIP’s latest survey suggests consumers are wary of AI-generated answers even as companies increasingly view AI search as an important referral channel.
Payments startup Flutterwave hits $3.2B valuation, backed by Ripple
African payments infrastructure company Flutterwave has hit a new valuation and landed blockchain company Ripple as investor and partner.
Plaud says its software business topped $100M in ARR after shipping over 2M AI notetakers
Plaud is trying to make a mark in a crowded market full of AI-powered meeting notetakers.
Robinhood’s note on 10% layoffs shows blaming AI isn’t cutting it
Unlike many of his tech industry peers who have cut thousands of jobs citing the need to restructure to make the most of AI, Robinhood’s CEO Vlad Tenev conspicuously made no mention of AI in his note about layoffs.
DOJ claims xAI’s unpermitted gas turbines are a matter of ‘national, economic, and energy security’
The Justice department says the Pentagon needs xAI to keep using its unpermitted gas turbines.