March 14, 2025

Tern AI’s low-cost GPS alternative actually works

We’ve all experienced that moment of frustration when the GPS glitches and you miss an exit on the highway. The team at Tern AI, which is building a low-cost GPS alternative, says that’s because the current technology is limited by its reliance on satellite positioning.  Tern AI says it has figured out how to locate […]

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Waymo issues second recall after robotaxi hit telephone pole

June 12, 2024

Waymo has voluntarily issued a software recall to all 672 of its Jaguar I-Pace robotaxis after one of them collided with a telephone pole. This is Waymo’s second recall. The Alphabet-owned company recalled previous software in February after two of its robotaxis crashed into the same pickup truck that was being towed by a tow […]

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Getting Funding as a Minority-Owned Business Shouldn’t Be a Far-Fetched Dream. Here’s How This CEO is Making Public Capital More Available to All.

June 12, 2024
Historically, minority-owned businesses have faced barriers that limit their access to public capital and other necessary financial resources essential for scaling operations, innovating products, and expanding into new markets. It shouldn’t be this way — raising public capital should be accessible for all, not just a privileged few.

The Download: Apple’s AI plans, and a carbon storage boom

June 12, 2024
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. Apple is promising personalized AI in a private cloud. Here’s how that will work. At its Worldwide Developer Conference on Monday, Apple for the first time unveiled its vision for supercharging its product…

Foresite Capital raises $900M sixth fund for investing in healthcare and life sciences companies

June 12, 2024

Venture fundraising has been a slog over the last few years, even for firms with a strong track record. That’s Foresite Capital’s experience. Despite having 47 IPOs, 28 M&As and 58 FDA-approved drugs under its belt, the 13-year-old multi-stage healthcare and life sciences firm took two years to raise its sixth fund. “Almost all of […]

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