The federal government has selected eight proposals to test electric aircraft across 26 states.
The fresh fundraise comes less than a year after Founders Fund closed its third growth fund, a $4.6 billion vehicle intended primarily for follow-on investments in its successful late-stage companies.
Archer’s countersuit comes four months after Joby sued its rival for alleged ‘corporate espionage.’
AMI Labs, the new venture cofounded by Turing Prize winner Yann LeCun after he left Meta, has raised $1.03 billion at a $3.5 billion pre-money valuation.
Google found a series of hacking tools they said were used by a Russian espionage group and a cybercriminal group in China. Sources from a U.S. government defense contractor said some of those hacking tools were theirs.
Uzum now reaches 20 million users and processes $11B in payments as it expands its e-commerce and fintech ecosystem across Uzbekistan.
Apple reportedly produced 55 million units in India last year, a shift accelerated as Apple faced growing uncertainty in China.
The wearable maker is launching a new panel focused on women’s health through its Whoop Labs blood testing service. It’s also adding a new feature to its app that surfaces information about hormonal changes during menstrual cycles.
Unlike a vibe-coded product built by a college dropout, Eridu’s co-founder, Drew Perkins, has been inventing networking tech since the dawn of the internet.
Sandbar aims to ship the Stream, which can be used to take notes, chat with an AI assistant, and for media playback, this summer.
