Chamath Palihapitiya raises $135M Series A for his AI coding startup, takes CEO role
VCs remain thirsty to fund AI coding startups. This one, founded by investor Chamath Palihapitiya, is no exception.
In Brief
Russian hackers were behind $2.5 billion hack of Jaguar Land Rover: Report
The hack on car giant Jaguar Land Rover last year was one the most disrupting, damaging, and costly hacks of the last few years.
Tesla settles FSD crash lawsuit as federal investigations continue
The lawsuit was connected to a fatal 2023 crash involving a vehicle using the company’s advanced driver assistance system known as Full Self-Driving.
Trump admin bars Polestar from selling its new EVs in the US
The Department of Commerce declined to give the Chinese-owned automaker a special authorization to keep selling EVs in the U.S.
The memory chip crunch is paying off for this US company
Revenue quadrupled to $41.45 billion compared with the same period a year ago. The company’s profit, meanwhile, rose from $1.88 billion to an incredible $28.2 billion year-over-year.
New website names and shames companies that still don’t offer passkeys to users
According to a new site, 24% of the most popular websites in the world don’t offer support for passkeys, which are considered the most secure way to log in to apps and services.
Agility Robotics plans to go public via SPAC in a $2.5B deal
Agility Robotics, the humanoid robotics startup that spun out of Oregon State University in 2015, expects to generate $620 million in proceeds.