Databricks announced a new funding round Thursday that values the company at $188 billion. The round was led by Coatue. Databricks did not reveal exactly how much it raised; He said the money is not yet in his hands and the round will close later this summer. (Other outlets have since reported the increase to
VC Jeremy Levine has a tongue-in-cheek solution to something that routinely bothers him, according to a new Wall Street Journal article on the rise of AI transcription applications. On Zoom, it is no longer “Jeremy Levine” but “Jeremy Levine, I do not consent to transcribe or record.” It may sound mean or brilliant, depending on
Agility Robotics is opening a 60,000-square-foot facility to train its humanoid robots in Fremont, California, just down the road from the factory where Tesla is expected to begin manufacturing its Optimus robots this year. Tesla has increasingly bet on Optimus. Elon Musk recently said he hopes it will be “the biggest product ever created” once
Valar Atomics, a startup that builds small modular nuclear reactors (SMRs) — essentially factory-built miniaturized power plants designed to be cheaper and faster to deploy than traditional reactors — is in talks to raise a new round of capital, according to three sources familiar with the company. The company, founded three years ago, is seeking
The Dyson Hot+Cool HF1 is a stylish 2-in-1 smart appliance that provides heating in winter and cooling in summer. Designed for year-round convenience, the $499 unit combines quiet operation and smart controls with Dyson’s signature bladeless design. I usually use a ceiling fan for the summer and a heater for the winter. After three months
As parents become increasingly concerned about the potential dangers of unrestricted access to smartphones for children, a growing number of companies are developing devices designed specifically for children. Today’s kid-friendly phones typically feature touch screens, cameras, and communication capabilities similar to those of regular smartphones. However, the software on these devices is largely modified to