Figure AI is in talks to raise $1.5B at 15x its last valuation
Robotics startup Figure AI is raising $1.5 billion at a $39.5 billion valuation, a whopping 15 times higher than before.
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The National Institute of Standards and Technology could fire as many as 500 staffers, according to multiple reports — cuts that further threaten a fledgling AI safety organization. Axios reported this week that the US AI Safety Institute (AISI) and Chips for America, both part of NIST, would be “gutted” by layoffs targeting probationary employees […]
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Robotics startup Figure AI is raising $1.5 billion at a $39.5 billion valuation, a whopping 15 times higher than before.
© 2024 TechCrunch. All rights reserved. For personal use only.
SailPoint’s IPO on Thursday was a disappointment for anyone hoping it would indicate that tech IPOs are hot again. The first day’s trading ended below the $23 initial price. The stock fared a tad better Friday, closing at over $24. But that’s nothing close to the big bang companies and VCs hope for. For instance, […]
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OpenAI says its board of directors has “unanimously” rejected billionaire Elon Musk’s offer to buy the nonprofit that effectively governs OpenAI. In a statement shared via OpenAI’s press account on X, Bret Taylor, board chair, called Musk’s bid “an attempt to disrupt […] competition.” “OpenAI is not for sale, and the board has unanimously rejected […]
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A new startup is addressing the need for an all-in-one toolset built for people who want to grow, manage, and track their Bluesky presence and following. The subscription service BlueSkyHunter, which launched Friday, introduces an online dashboard that combines access to analytics and other tools to schedule posts and automate DMs (direct messages), alongside other […]
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Meeting that demand will require adding more generating capacity than all of Japan — every year.
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As Elon Musk and his acolytes rip through the federal government looking for agencies to throw into the “woochipper,” a grassroots effort to hit the world’s richest man where it hurts is picking up steam. The courts are busy contesting the actions of Musk’s Department of Government Efficiency, but the judicial system is slow — […]
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Chinese AI startup DeepSeek founder Liang Wenfeng is reportedly set to meet with China’s top politicians, including Chinese leader Xi Jinping, during a summit that Alibaba founder Jack Ma is also expected to attend. The summit, which could happen as soon as next week, may be intended as a signal by China’s Communist Party that […]
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With both Vice President J.D. Vance and U.S. Defense Secretary Pete Hegseth making loud noises Friday about Europe stepping up to the plate in spending more on its own defense, it might come as a surprise that Europe is already on the path toward far greater investment in defense, especially in tech. Not only has […]
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