Lucid Motors is lopping thousands of dollars off the price of its most affordable electric sedans as it looks to boost demand after a disappointing year of sales. The rear-wheel drive version of the base model Lucid Air Pure will now start a $69,900, down from the previous price of $77,400. The more powerful Lucid […]
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Fake porn of Taylor Swift. Photorealistic — but fictionalized — images of Gaza. The list of disconcerting deepfakes goes on, and — as deepfake-creating tools grow easier and cheaper to use — the waves of fakes are coming faster and fiercer. According to a recent Pew Center poll, about two-thirds of Americans (66%) say they […]
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Intuitive Machines first mission to the moon is now underway. The company’s Nova-C lander, called Odysseus, lifted off on a SpaceX Falcon 9 rocket in the early hours of Thursday morning. The spacecraft will now embark on a eight-day journey to the moon, with a landing attempt scheduled for February 22. Deployment of @Int_Machines IM-1 […]
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When looking at startups within healthcare, data and AI and cybersecurity, the firm considers a number of factors like the plan for infrastructure, especially now that AI is everywhere.
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Arnergy, a Nigerian cleantech startup that deals in distributed renewable energy products and solutions, has raised $3 million in new financing. The bridge round was financed by All On, a Shell-backed off-grid energy impact investment company. The financing comes five years after Arnergy, a provider of solar power systems to homes and businesses, secured a […]
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Bending Spoons, the owner of popular apps and services like Evernote and Meetup, announced today that it has raised $155 million in a new equity financing round at a $2.55 billion post-money valuation. Durable Capital Partners led the round with existing investors, such as Baillie Gifford, Cox Enterprises, NB Renaissance, NUO Capital and StarTIP (controlled […]
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In 2017, “new retail” began appearing in Alibaba’s earnings reports. Coined by the Chinese e-commerce behemoth, the term refers to the seamless integration of online and offline retail. Six years later, Alibaba is having a moment of reckoning with this strategy as it looks to offload some of its offline retail assets. On its recent […]
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