April 2025

Lucid Motors wins bankruptcy auction for Nikola’s Arizona factory and other assets

April 11, 2025
EV startup Lucid Motors has emerged as a surprise winner in the bankruptcy auction for electric trucking company Nikola’s Arizona factory and other assets, according a late Thursday court filing. Lucid committed around $30 million in cash and non-cash considerations in exchange for the factory, Nikola’s lease on its Phoenix headquarters, and “certain machinery, equipment […]

Why the climate promises of AI sound a lot like carbon offsets 

April 11, 2025
The International Energy Agency states in a new report that AI could eventually reduce greenhouse-gas emissions, possibly by much more than the boom in energy-guzzling data center development pushes them up. The finding echoes a point that prominent figures in the AI sector have made as well to justify, at least implicitly, the gigawatts’ worth…

Tesla used car listings skyrocketed in March

April 10, 2025
A growing number of Tesla owners are putting their used vehicles up for sale, as consumers react to Elon Musk’s political activities and the global protests they have fueled. In March, the number of used Tesla vehicles listed for sale on Autotrader.com skyrocketed, Sherwood News reported, citing data from Autotrader parent company Cox Automotive. The […]

Stripe CEO says he ensures his top leaders interview a customer twice a month

April 10, 2025
Digital payments platform Stripe invites customers to join its management team meetings on a bi-weekly basis so it can get “candid feedback,” according to co-founder Patrick Collison. In an April 8 post on X, the fintech giant’s CEO said the company has a customer join for the first 30 minutes of the meeting, which is […]

DeepMind CEO Demis Hassabis says Google will eventually combine its Gemini and Veo AI models

April 10, 2025
In a recent appearance on “Possible,” a podcast co-hosted by LinkedIn co-founder Reid Hoffman, Google DeepMind CEO Demis Hassabis said Google plans to eventually combine its Gemini AI models with its Veo video-generating models to improve the former’s understanding of the physical world. “We’ve always built Gemini, our foundation model, to be multimodal from the […]

Cofertility lets women freeze their eggs for free through its donor-matching program

April 10, 2025
In recent years, focus on career and delayed marriage age is driving some women to consider preserving their fertility through egg freezing. But the steep cost of the procedure, estimated at $10,000 to $15,000 per attempt, means many women can’t afford it during their most fertile years: 20s and early 30s. Cofertility, a startup founded […]