December 2023

Ford slashes production target for all-electric F-150 Lightning to match demand

December 11, 2023

Ford will cut production of its all-electric pickup truck in 2024 in an effort to match consumer demand, the automaker confirmed to TechCrunch. Ford executives signaled in October during its third-quarter earnings call plans to”adjust” production of its all-electric vehicles and delay about $12 billion in investments due to softening demand for higher priced premium […]

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Max Q: Our sky

December 11, 2023

In this issue: OurSky’s new funding, news from DARPA, the FAA and more

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Helicity Space raises $5M to unlock fusion propulsion – and fast travel in deep space

December 11, 2023

Helicity Space has closed a $5 million seed funding to accelerate development of a technology that could finally unlock fast, efficient travel in deep space. That technology is fusion propulsion, which has long been the domain of science fiction. The startup says that they have discovered a way to use plasma jets for fusion reaction. […]

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Relevance AI’s low-code platform enables businesses to build AI teams

December 11, 2023

Many companies already use generative AI tools, like OpenAI’s ChatGPT, which can help improve workers’ performance by as much as 40% compared with workers who don’t use it. However, only businesses with large engineering teams can build their own AI workforces. An Australia-based startup, Relevance AI, wants to help companies of all sizes build custom AI […]

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Lucid CFO bounces after Gravity SUV debut

December 11, 2023

Lucid’s chief financial officer Sherry House is leaving the company to “pursue other opportunities,” the automaker told investors on Monday. The news comes less than a month after Lucid debuted its luxury Gravity SUV, and mere days after Nasdaq bumped the firm from the Nasdaq-100 index (alongside eBay and Zoom). Lucid’s stock ended regular trading […]

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23andMe changes to terms of service are ‘cynical’ and ‘self-serving,’ lawyers say

December 11, 2023

Two days before 23andMe disclosed that hackers had accessed the personal and genetic data of almost seven million customers, the genetic testing giant updated its terms of service. The changes are an effort to make it more difficult for the victims of the breach to band together in filing a legal claim against the company, […]

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Asteroid mining startup AstroForge faces setbacks – and successes – on demonstration mission

December 11, 2023

Asteroid mining startup AstroForge is racing against the clock to complete its refinery demonstration on orbit after encountering a number of unexpected setbacks before and after launch, the startup said in a candid blog post published today. This demonstration mission may prove to be a case study in the difficulties of putting hardware on orbit […]

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