Ask Sophie: How realistic are my chances of hiring H-1B candidates at my startup?
With more than 750,000 H-1B registrations this year, is it realistic for my startup to consider hiring candidates who are seeking them?
Welcome to Kenya’s Great Carbon Valley: a bold new gamble to fight climate change
The earth around Lake Naivasha, a shallow freshwater basin in south-central Kenya, does not seem to want to lie still. Ash from nearby Mount Longonot, which erupted as recently as the 1860s, remains in the ground. Obsidian caves and jagged stone towers preside over the steam that spurts out of fissures in the soil and…
Technology
Michael Moritz moves on, bookmarking a long chapter at Sequoia Capital
Michael Moritz, the journalist-turned-VC who has long been one of the most prominent and respected investors at Sequoia Capital, has left firm to “deepen his advisory relationship” with Sequoia Heritage, the wealth management unit he spun up in 2010 with longtime Sequoia colleague Doug Leone and on whose board he has sat for years. The […]
China’s OpenAI challenger Zhipu AI gets Meituan funding
Zhipu AI, one of China’s most promising challengers to OpenAI, has received funding from the country’s food delivery giant Meituan, which has a market cap of around $100 billion at the time of writing. An affiliate of Zhipu AI recently added a Meituan subsidiary as its shareholder, which now owns a 10% stake in the […]
Farizon, Geely’s truck unit, raised $600M to expand outside China
Farizon, a maker of hybrid and electric trucks owned by China’s Geely, has closed a $600 million Series A raise, the company said in a statement. The Hangzhou-based company plans to use the funds to expand its operations outside of China. A key focus for Farizon’s expansion will be Europe, where the automaker plans to […]
With $37M seed round, Maka Motors begins EV pilot on Indonesia’s streets
A recent report said that Indonesia’s electric vehicle (EV) market is projected to reach $20 billion by 2029, up from $533 million in 2022. Moreover, as much as half of the overall motorbike market in Southeast Asia could be replaced by electric two-wheelers by 2030, McKinsey associate partner Rahul Gupta said at the G20 summit last […]
Kitchen robot Botinkit raises $13M from DJI angel and others
Having worked in the food industry for several years, Shirley Chen saw firsthand the challenges of managing staffing and training for restaurant expansion. So when she met her future co-founders, she saw an opportunity to leverage their expertise in chemistry and electrical and electronic engineering, along with her own food and beverage background, to start […]
Tesla to license FSD to other OEMs, allow transfer of FSD to new cars
Tesla CEO Elon Musk confirmed Wednesday that the automaker is “in discussion with major OEMs about using Tesla FSD.” Tesla Full Self-Driving is the automaker’s beta advanced driving assistance system (ADAS) that can automate driving tasks on highways and urban streets. If other automakers were to adopt FSD technology, they would need to onboard both […]
How to Use Technology to Run Your Company as an Executive with a Limitation
A blind CEO shares ways to use the latest technology to keep executives on top of workflow, communication, environment and security to lead the company seamlessly.
Qualtrics claims it’ll spend $500M on AI over the next four years
Qualtrics, the cloud-based platform for managing online customer experiences, intends to spend $500 million on AI over the next four years. The company made the announcement this morning alongside the launch of its new AI-integrated platform, XM/os2 (an unwieldy name, to be sure), which offers generative AI solutions tailored to enterprise experience management use cases. […]
Apple is testing a ChatGPT-like AI chatbot
Apple is developing artificial intelligence tools to challenge Open AI, Google and others, according to a new report from Bloomberg’s Mark Gurman. The tech giant has created a chatbot that some engineers are internally referring to as “Apple GPT.” Apple has yet to determine a strategy for releasing the technology consumers, but is reportedly aiming […]