Amazon CEO Andy Jassy thinks companies should invest “aggressively” in AI now to reap the full financial rewards in the future. In his annual letter to Amazon shareholders published Thursday, Jassy said “substantial capital” is required to keep up with the pace of AI innovation and customer demand for AI products. He added that Amazon, […]
Tech Crunch
Google thinks AI can untangle the electrical grid’s bureaucracy
Google, PJM, and Tapestry announced a partnership to develop AI tools to speed interconnection requests through the queue.
NHTSA’s self-driving safety staff reportedly ‘disproportionally affected’ by DOGE cuts
The cuts that Elon Musk’s Department of Government Efficiency made at the National Highway Traffic Safety Administration in February “disproportionately affected” employees working on vehicle automation safety, according to The Financial Times. That division was formed in 2023 and therefore included a number of staffers who were still in their initial probationary hiring period, which […]
WhatsApp introduces new features across chats, calls, and channels
WhatsApp has announced a slew of new updates across chats, calls, and channels designed to enhance the messaging and calling experience for users as it continues to compete with popular services like Telegram and Discord. Among the most notable additions is an “Online” indicator that appears at the top of a group chat to show […]
Inventex founder, an engineer for Coinbase at 14, wants to revolutionize patent applications
Daniel Ruskin started his career when he was a mere 14 years old as an engineer for Coinbase. As he tells it, he was a teenager “who knew how to code and wanted to build cool things.” Obviously too young to get a bank account, Ruskin did freelance development work he found on reddit in […]
Canoo CEO can buy bankrupt EV startup’s assets, judge rules
The sale of bankrupt EV startup Canoo’s assets to its CEO has been approved by the judge overseeing the case. After evaluating a number of limited objections to the sale, Judge Brendan Shannon said in a hearing Wednesday he believes the process was fair and that no one else but Canoo CEO Anthony Aquila made […]
Incident.io raises $62M at a $400M valuation to help IT teams move fast when things break
In the world of tech, some might argue that the term of the decade is AI, but in the bigger scheme of things, beyond this single sector, the most important word may well be “resilience.” How well prepared are people, organizations, and countries for unforeseen, negative economic, geopolitical, social, and environmental developments? It’s a question […]
Drafted uses AI and video resumes to help early-career professionals land jobs
As the job market continues to get more competitive, it’s taking months for new grads to land employment, with many settling for roles that don’t align with their goals. To address this problem, Drafted, a new startup emerging from stealth, has built a jobs platform for students and early-career professionals, a subset of people who […]
AI insurtech Ominimo bags its first investment at a $220M valuation
How do you get talented engineers to work for a startup in a mundane field at a time when more exciting companies are paying well and hiring aggressively? Here’s an answer from one insurance startup out of Poland called Ominimo: make pay competitive, yes, but more importantly, give those engineers the license to apply their […]
Revent rocks the boat with a fresh $100M to invest in people and the planet
It would appear the environment and society remain relevant, whatever you might hear in some other quarters. At least, that’s one conclusion to be drawn from the news that European specialist VC Revent has closed a €100 million ($109 million) Fund II to invest in “planetary and societal health” startups. Launched out of Berlin in […]