In an interview at his home near Reykjavík, the entrepreneur-turned-VC shared thoughts on his ventures and the journey that led him from Unity to climate tech, a homecoming of sorts.
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Welcome back to TechCrunch’s Week in Review — TechCrunch’s newsletter recapping the week’s biggest news. Want it in your inbox every Saturday? Sign up here. Over the past eight years, famed vehicle designer Henrik Fisker suggested his EV startup would deliver on a lot of promises, but none came true. As Fisker looks for an […]
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What is AI? We’ve put together this non-technical guide to give anyone a fighting chance to understand how and why today’s AI works.
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President Joe Biden has vetoed H.J.Res. 109, a congressional resolution that would have overturned the Securities and Exchange Commission’s current approach to banks and crypto. Specifically, the resolution targeted the SEC’s Staff Accounting Bulletin 121, which presents rules around how banks can handle customers’ crypto assets — in effect, they must treat those assets as […]
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How large a role humanoids will play in that ecosystem is, perhaps, the biggest question on everyone’s mind at the moment.
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VCs are clamoring to invest in hot AI companies, willing to pay exorbitant share prices for coveted spots on their cap tables. Even so, most aren’t able to get into such deals at all. Yet, small, unknown investors, including family offices and high-net-worth individuals, have found their own way to get shares of the hottest […]
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The fashion industry has a huge problem: Despite many returned items being unworn or undamaged, a lot, if not the majority, end up in the trash. An estimated 9.5 billion pounds of returns ended up in landfills in 2022 alone, according to data from return logistics software company Optoro. New York-based (Re)vive wants to help […]
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Tumblr officially shut down “Tips,” an opt-in feature where creators could receive one-time payments from their followers. As of today, the tipping icon has automatically disappeared from all posts and blogs with the feature enabled. Creators that use the feature should note that June 15 is the last day they can withdraw money they received […]
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