April 2025

Tariffs are bad news for batteries

April 9, 2025
Update: Since this story was first published in The Spark, our weekly climate newsletter, the White House announced that most reciprocal tariffs would be paused for 90 days. That pause does not apply to China, which will see an increased tariff rate of 125%. Today, new tariffs go into effect for goods imported into the…

Ilya Sutskever taps Google Cloud to power his AI startup’s research

April 9, 2025
OpenAI co-founder and former chief scientist Ilya Sutskever’s new AI startup, Safe Superintelligence (SSI), is using Google Cloud’s TPU chips to power its AI research, part of a new partnership the companies announced on Wednesday in a press release. Google Cloud says SSI is using TPUs to “accelerate its research and development efforts toward building […]

Canoo CEO can buy bankrupt EV startup’s assets, judge rules

April 9, 2025
The sale of bankrupt EV startup Canoo’s assets to its CEO has been okayed by the judge overseeing the case. After evaluating a number of limited objections to the sale, Judge Brendan Shannon said in a hearing Wednesday he believes the process was fair, and that no one else but Canoo CEO Anthony Aquila made […]

More good news for New York startups: Lerer Hippeau raised another $200M

April 9, 2025
New York’s A-list venture capital seed fund, Lerer Hippeau, announced it closed a ninth $200 million fund on Wednesday. That’s a step up from its eighth fund, which closed at $140 million, it said. With the new fund, Lerer Hippeau has $1.4 billion of assets under management. Since its inception in 2010, Lerer Hippeau has […]