The National Institute of Standards and Technology could fire as many as 500 staffers, according to multiple reports — cuts that further threaten a fledgling AI safety organization. Axios reported this week that the US AI Safety Institute (AISI) and Chips for America, both part of NIST, would be “gutted” by layoffs targeting probationary employees […]
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Motional, the autonomous vehicle startup borne out of a $4 billion joint venture between Hyundai and automotive supplier Aptiv, will pause its commercial operations and delay plans to launch a driverless service as it undergoes a restructuring, TechCrunch has learned. The aim is make progress on technology and the business model, while preserving capital, according […]
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Wiz, the buzzy startup building an all-in-one cloud security platform, is on an acquisition march to expand its business quickly en route to an IPO. Now, it has closed a major round of funding of $1 billion to help on that march. The Series E — co-led by Andreessen Horowitz, Lightspeed Venture Partners and Thrive […]
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Starfish Space’s ambitious first mission to demonstrate on-orbit rendezvous and docking tech has officially come to a close, with the startup managing to complete some of the objectives thanks to a little help from an unexpected partner: space logistics company D-Orbit. Starfish launched its first spacecraft, called Otter Pup, nearly a year ago with ambitious […]
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While taking a long road trip across the U.S. years ago, Sanish Mondkar realized that there were stark, problematic disconnects between employers and the staff they employ. To critics of late-stage capitalism, that might sound like an obvious observation. But Mondkar, who has a master’s in computer science from Cornell, says that seeing the issues […]
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