Tesla shares close down 5% after price cuts, Model 3 refresh
A Tesla Model 3 vehicle on an auto carrier in front of a store in Rocklin, California, July 21, 2021. David Paul Morris | Bloomberg | Getty Images Tesla shares …
Venture capital
Redwood Materials raises $1 billion to expand recycling operations in US
JB Straubel sits down with CNBC’s Phil LeBeau at Redwood Materials. Redwood Materials, the battery and e-waste recycling startup founded by former Tesla CTO JB Straubel, announced Tuesday that it …
Elon Musk memo on Cybertruck manufacturing challenges
The Tesla Cybertruck during a tour of the Elkhorn Battery Energy Storage System in Moss Landing, California, U.S., on Monday, June 6, 2022. Nik Coury | Bloomberg | Getty Images …
Google, Amazon, Nvidia, AMD, other tech giants invest in Hugging Face
The Hugging Face website on a smartphone arranged in New York, Aug. 17, 2023. Gabby Jones | Bloomberg | Getty Images Hugging Face, an AI firm based in New York, …
Britain to host first AI summit at home of World War II codebreakers
The U.K. government will host the world’s first artificial intelligence safety summit in Bletchley Park, the home of the codebreakers who cracked the code that ended World War II. The …
Scientist behind IBM Watson raised $60 million for Elemental Cognition
David Ferrucci, chief executive officer and founder of Elemental Cognition, speaks during a conference in New York, Nov. 8, 2017. Alex Flynn | Bloomberg | Getty Images David Ferrucci, a …
UK launches £1 billion fintech growth fund to compete with US
The U.K. has faced criticisms from some in the industry that it is posing barriers to its fintech entrepreneurs and forcing them to consider listings overseas. Justin Tallis | AFP …
Southeast Asia turns to alternative meats as fight against climate change ramps up
Packages of “Impossible Burger” and Beyond Meat sit on a shelf for sale on November 15, 2019 in New York City. Vegetarian alternatives to burgers and sausages are enjoying a …
AI startup founder pumped revenue to defraud venture investors
U.S. Attorney for the Southern District of New York Damian Williams speaks during Martin Luther King Jr. Day at the National Action Network House of Justice headquarters. Lev Radin | …
Window-washing robots are working on Manhattan skyscrapers
Skyline Robotics is disrupting the century-old practice of window washing with new technology that the startup hopes will redefine a risky industry. Its window-washing robot, Ozmo, is now operational in …