Andrew Ng plans to raise $120M for next AI Fund

June 27, 2024

AI bigshot Andrew Ng’s AI Fund, a startup incubator that backs small teams of experts looking to solve key problems using AI, plans to raise upwards of $120 million for its second tranche. A filing with the SEC shows that the AI Fund’s second fund, AI Venture Fund II, has so far amassed $69.75 million […]

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VW taps Rivian in $5B EV deal and the fight over Fisker’s assets

June 27, 2024

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Am I the only one whose head is spinning from all of the transpo news this week? Reminder, it’s only Thursday morning. Let’s jump in! Oh wait, […]

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FCC rule would make carriers unlock all phones after 60 days

June 27, 2024

The FCC wants to make it significantly easier for consumers to unlock their phones from their carriers, proposing that all devices must be unlockable just 60 days after purchase. How this will mesh with current plans and phone buying trends, however, is something the agency is hoping to learn before putting such a rule into […]

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As battery startups fail, Sila snaps up $375M in new funding

June 27, 2024

Amid a fraught environment for battery startups, Sila has raised $375 million to finish construction of a U.S. factory that will scale its next-generation battery technology for customers like Mercedes-Benz and Panasonic by the end of 2025. Sila, formerly known as Sila Nanotechnologies, is slated to finish construction of its Moses Lake, Washington plant in […]

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Meta starts testing user-created AI chatbots on Instagram

June 27, 2024

Meta CEO Mark Zuckerberg announced on Thursday that the company will begin to surface AI characters made by creators through Meta AI studio on Instagram. The test will begin in the U.S. The social media company’s announcement comes on the same day as a16z-backed chatbot company Character.ai is rolling out the ability for users to […]

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