Tesla will begin producing the Cybercab, an autonomous electric vehicle with no pedals or steering wheel, this April at its factory in Austin, Texas, CEO Elon Musk said during the company’s shareholder meeting Thursday. His comments on Cybercab came just moments after shareholders overwhelmingly approved a compensation package for Musk that could be worth as…
Chris Sacca’s venture firm Lowercarbon Capital is raising a second fund to back nuclear fusion energy hopefuls, the VC said at the SOSV Climate Tech Summit on Thursday, as reported by Bloomberg. The firm has backed leading fusion startup Commonwealth Fusion Systems, as well as others like Pacific Fusion. It raised a $250 million, fusion-geared fund in 2022. Fusion believers, who include a number…
Tesla CEO Elon Musk said Thursday the company will reveal the production version of its second-generation Roadster supercar on April 1, 2026 — nearly nine years after he first revealed the project. Musk, who is famous for missing deadlines, said during Tesla’s annual shareholder meeting that he chose April Fools’ Day in part because it…
Accel has invested in Rapido, the ride-hailing platform competing with Uber in India, while Prosus has increased its stake, after Indian two-wheeler giant TVS Motor sold its entire holding. On Thursday, TVS Motor said in a stock exchange filing (PDF) that it has sold its entire stake in Rapido for ₹2.88 billion (about $32 million)…
Last year, Meta projected that 10% of its overall annual revenue — $16 billion — would come from fraudulent advertisements on its apps, according to a report from Reuters. The documents accessed by Reuters also show that for three years, Meta failed to protect its users from ads promoting illegal gambling, investment schemes, and banned…
Amazon announced on Thursday the launch of Kindle Translate, an AI-powered translation service designed for authors using Kindle Direct Publishing to broaden their reach. The service initially translates text between English and Spanish and from German to English, as it’s still operating in beta. More languages will be supported over time. The retail giant noted…
SpaceX is buying another $2.6 billion worth of wireless spectrum licenses from EchoStar, an expansion of a $17 billion deal announced in September, as its satellite internet business Starlink continues to win new customers around the world. The spectrum sale comes just a day after SpaceX revealed it has passed 8 million global customers. On…
California-based startup Subtle Computing is tackling the problem of capturing people’s voices in noisy environments with its own voice isolation models — a technology that could benefit voice-based AI products and services. Consumer apps using voice AI are today seeing tremendous growth. AI Meeting notetakers like Granola, Fireflies, Fathom, and Read AI have received both…
Peloton is recalling around 833,000 of its original Bike+ machines following reports that some seat posts broke during use, according to the U.S. Consumer Product Safety Commission (CPSC). The CPSC reports that Peloton has received three complaints related to the issue, including two incidents in which users were injured. The affected Bike+ units were sold…
Decentralized open source social network Mastodon is rolling out its latest release, version 4.5, which brings support for Quote Posts to all server operators, along with other features for admins, conversation improvements, and more. The addition of quote posts is one of the bigger changes to how Mastodon’s social network operates, as the social network…
