Arc expands into electric commercial and defense boats with $50M raise
The Los Angeles startup raised $50 million from Eclipse, a16z, Menlo Ventures, and others as it seeks to expand beyond sport boats.
‘Just Start’ Is Dangerous Advice for Entrepreneurs. Here’s What Skipping a Business Plan Really Costs You.
For years, founders have been told to skip the business plan and just start. But the rise of directionless businesses suggests that ditching planning may have created a bigger problem.
Others
Feds intensify investigation into Tesla’s Full Self-Driving (Supervised) software
The National Highway Traffic Safety Administration has upgraded its probe after finding more instances of Tesla’s driving software struggling in low-visibility conditions.
Amazon brings Alexa+ to the UK
The company is currently letting users in the U.K. try out Alexa+ for free via an early access program.
Uber taps Rivian to build robotaxis in deal worth up to $1.25B
Uber is kicking off the partnership with an initial $300 million investment, while Rivian will provide as many as 50,000 autonomous R2 SUVs.
Inside a $1.1B deal to reshore critical minerals refining
Critical minerals startup Nth Cycle is betting that its modular approach to nickel refining can make the practice viable in the U.S. and Europe.
Multiverse Computing pushes its compressed AI models into the mainstream
After compressing models from major AI labs including OpenAI, Meta, DeepSeek and Mistral AI, Multiverse Computing has launched both an app that showcases the capabilities of its compressed models and an API that makes them more widely available.
Two Palantir veterans just came out of stealth with $30 million and a Sequoia stamp of approval
The founders are worth paying attention to.
Meta is having trouble with rogue AI agents
A rogue AI agent inadvertently exposed Meta company and user data to engineers who didn’t have permission to see it.
Sam Altman’s thank-you to coders draws the memes
Altman expresses gratitude for people who knew how to write their code from scratch. The internet replies with salty jokes.
Nothing CEO Carl Pei says smartphone apps will disappear as AI agents take their place
Nothing CEO Carl Pei says AI agents will eventually replace apps, shifting smartphones toward systems that understand intent and act on a user’s behalf.