Rivian spinoff Also raises another $200M to build e-bikes and more
Also, the micromobility startup that spun out of Rivian this year, was raised $200 million from Greenoaks Capital.
The Download: a battery pivot to AI, and rewriting math
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. Why this battery company is pivoting to AI Qichao Hu doesn’t mince words about the state of the battery industry. “Almost every Western battery company has either died or is going to die. It’s kind of…
LangChain is about to become a unicorn, sources say
AI infrastructure startup LangChain is raising a new round at about $1 billion valuation led by IVP.
Grok is being antisemitic again and also the sky is blue
Grok, the AI chatbot powered by Elon Musk’s xAI company, is back with more antisemitic rants.
How to Turn Summer Travel into More Business and Less Taxes
When you pursue business opportunities in the places you love to visit, you can make your summer profitable and fun.
Barbara Corcoran Did ‘Crazy Things’ to Retain Employees, From Hot Air Balloon Rides to a Free Bentley: ‘We Had No Turnover’
Corcoran sold her brokerage firm, The Corcoran Group, for close to $70 million in 2001.
Starbucks Is Looking to Remove Seed Oils From Some of Its Food Products
The coffee giant is also launching a new egg bite made with avocado oil.
Apple COO Jeff Williams to step down later this month
Jeff Williams, Apple’s chief operating officer, is stepping down from his role later this month.
US government confirms arrest of Chinese national accused of stealing COVID research and mass-hacking email servers
Accused hacker and Chinese national Xu Zewei was arrested in Italy at the request of U.S. prosecutors.
GenAI as a shopping assistant set to explode during Prime Day sales
A new report estimates that AI will be a larger-than-ever part of the online shopping process during Amazon’s Prime Day sale, which began Tuesday morning. Amazon’s annual sale, which this year spans four days (July 8-11), is predicted to drive $23.8 billion in online spending across U.S. e-commerce retailers, as other businesses run their own […]
SpaceX in talks to raise new funding at $400B valuation
SpaceX is in talks to raise fresh capital at a $400 billion valuation.