Ryan Breslow, Bolt’s controversial co-founder, returned as CEO and defended his $30 million loan from the company, calling it an act of loyalty rather than self-dealing.
Read MoreGoogle co-founder Larry Page is developing a new company, Dynatomics, aimed at applying AI to product manufacturing.
Read MoreLoftyInc Capital, a major African venture investor known for early bets on unicorns like Flutterwave and Andela, has closed the first round of its third fund, LoftyInc Alpha, at $43 million.
Read MoreChina's push into humanoid robotics is gaining momentum, driven by electric-vehicle makers leveraging their expertise and lower production costs, while the U.S. imposes tariffs and considers restricting exports of advanced chips.
Read MorePlaid, the financial technology company that connects bank accounts to apps, is working with Goldman Sachs on a tender offer that will allow early investors and employees to sell existing shares, raising between $300 million and $400 million.
Read MoreApple is expected to launch a new iPhone SE and PowerBeats Pro 2 headphones on February 11, with a relatively low-key announcement since no official event invites have been issued.
Read MoreApple's recent research emphasizes the importance of expressive movements in enhancing human-robot interactions.
Read MoreMarko Elez, a 25-year-old engineer at the Department of Government Efficiency (DOGE), resigned after The Wall Street Journal linked him to a social media account with racist posts.
Read MoreBoom Supersonic successfully tested its XB-1 jet, breaking the sound barrier as part of its plan to bring back supersonic commercial flights, but experts warn of severe climate consequences.
Read MoreThe South Korean startup Cinamon has raised an $8.5 million Series B round to further develop its AI-driven animated video generation platform, CINEV, which is set to launch in beta in 2025.
Read MoreDub, a social investing app founded by 23-year-old Harvard drop-out Steven Wang, allows users to follow and copy the trades of top investors, hedge funds, and even politicians.
Read MoreThe number of autonomous vehicle test miles driven in California dropped significantly in 2024, with a 50% decline overall and an 83% decrease in driverless testing.
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