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December 19, 2025

The Download: China’s dying EV batteries, and why AI doomers are doubling down

This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. China figured out how to sell EVs. Now it has to bury their batteries. In the past decade, China has seen an EV boom, thanks in part to government support. Buying an electric…

Unconventional AI confirms its massive $475M seed round

December 10, 2025
Led by Naveen Rao, the former head of AI at Databricks, the new hardware startup is valued at $4.5 billion.

Hinge CEO steps down to launch Overtone, an AI dating app

December 10, 2025
Overtone is described as “an early-stage dating service focused on using AI and voice tools to help people connect in a more thoughtful and personal way.”

Fal nabs $140M in fresh funding led by Sequoia, tripling valuation to $4.5B

December 9, 2025
The round, which was Fal’s third fundraise this year, also included a secondary sale for early investors, sources tell us.

Cashew Research is going after the $90B market research industry with AI

December 9, 2025
Cashew Research uses AI to automate the market research process while still collecting real-world data from humans.

SpaceX reportedly planning 2026 IPO with $1.5T valuation target

December 9, 2025
The company is looking to raise $30 billion, which would make it the biggest IPO ever, just ahead of Saudi Aramco’s in 2019.

SpaceX reportedly planning 2026 IPO with $1.5B valuation target

December 9, 2025
The company is looking to raise $30 billion, which would make it the biggest IPO ever, just ahead of Saudi Aramco’s in 2019.

B Capital founding partner Kabir Narang leaves to launch new investment platform

December 9, 2025
Kabir Narang is laying the groundwork for a new investment platform slated for 2026.

Why Cursor’s CEO believes OpenAI, Anthropic competition won’t crush his startup

December 9, 2025
After reaching $1 billion in annualized revenue, Anysphere CEO Michael Truell explained the features his company is focused on building out.

This CEO’s Controversial Interview Tactic Could Be the Secret to Hiring the Right People: ‘Wondering If I’m Insane or Brilliant’

December 9, 2025
Gagan Biyani calls job candidates’ reactions “the most telling part” of the interview.

Rivian is building its own AI assistant

December 9, 2025
The EV maker will likely share more details on its upcoming AI and autonomy day scheduled for December 11.
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