Defense tech startups raised sizable rounds in 2023, which shows VCs are interested in the sector despite market conditions.
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[A version of this piece first appeared in TechCrunch’s robotics newsletter, Actuator. Subscribe here.] Earlier this month, Google’s DeepMind team debuted Open X-Embodiment, a database of robotics functionality created in collaboration with 33 research institutes. The researchers involved compared the system to ImageNet, the landmark database founded in 2009 that is now home to more than […]
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Indian edtech giant Byju’s said on Saturday that revenue of its core business in the financial year ending March 2022 stood at $429.18 million, making it abundantly clear that the most valuable Indian startup will miss the unaudited $1.25 billion revenue it projected for the group a year ago. Byju’s also missed its revenue projection […]
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Elon Musk’s AI startup, xAI, is creating its own version of ChatGPT. That appears to be the case, at least, from Musk’s tweets on X late Friday evening teasing the AI model xAI has been quietly developing. Called Grok — a name xAI trademarked recently — the model answers questions conversationally, possibly drawing on a […]
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Arrival set out eight years ago to make electric vehicle production “radically more efficient.” So far, its plan to forgo the gigafactory for local microfactories has proved anything but. Arrival trumpeted how its automated microfactories would simultaneously churn out electric vans for UPS, cars for Uber drivers, and buses for the UK, Italy and California. […]
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