Climactic launches hybrid fund to get startups through the ‘valley of death’

The new project, called Material Scale, will initially focus on climate tech startups in the apparel industry.

Apple is reportedly cooking up a trio of AI wearables

As the AI hardware space heats up, the iPhone maker has multiple smart products in development.

Ford turns to F1 and bounties to build a $30,000 electric truck

A combination of 3D-printed Lego-like parts, Formula 1 thinking, and a bounty program will help the company hit that target. The team, led by Tesla veteran Alan Clarke, is obsessed with efficiency.

Meta’s own research found parental supervision doesn’t really help curb teens’ compulsive social media use

An internal research study at Meta found that parental supervision may not help teens regulate their social media, and teens with trauma are more inclined to overuse social media.

Intellexa’s Predator spyware used to hack iPhone of journalist in Angola, research says

Amnesty International says it found evidence that a government customer of Intellexa, a sanctioned surveillance vendor, used its Predator spyware against a prominent journalist in Angola.

Jack Altman joins Benchmark as GP

Jack Altman and Benchmark announced today that he would be joining the firm as a general partner. 

U.S. court bars OpenAI from using ‘Cameo’

OpenAI has renamed its feature in Sora from “Cameo” to “Characters.”

Tesla dodges 30-day suspension in California after removing ‘Autopilot’

The decision comes a month after Tesla discontinued Autopilot, its basic driver-assistance system.

DG Matrix raises $60M to make data center power smarter

The startup is making solid-state transformers capable of intelligently aggregating power from a number of different sources before sending it to data center racks.

Heron Power raises $140M to ramp production of grid-altering tech

Tesla alumni Drew Baglino raises a large round to build a giga-scale factory, this time at his own startup.