Sequoia this week announced a broad overhaul in a memo posted to X, a move that includes closing its London office and shutting down its scout program. Observers warn that it would be a mistake to read too much into the London closure, since the British capital has a thriving AI scene. On the other
Apple’s first foldable, the iPhone Duo, may have come last to the foldable party, as CNET’s review noted, but it’s certainly not least. Senior reporter Abrar Al-Heeti praised it for the iOS 27 integration across both displays and its impressive durability, which has crossed 300,000 folds in our test and counting. However, as the Duo
OpenAI is now valued at $1.25 trillion in a new round of funding that has raised another $11 billion, according to Bloomberg. That would make it one of the world’s most valuable companies, not long after raising $122 billion from investors in March at a valuation of $852 billion. Echoing FT and Wall Street Journal
Tesla will end production of the Cybertruck at its Texas Gigafactory next year. It’s a uniquely toxic electric vehicle, between its divisive design and Elon Musk’s embrace of you name it. That toxicity certainly contributed to subpar sales, along with a number of recalls. But the end of the Cybertruck is also another sign that
OpenAI has reportedly raised $11 billion so far in a new funding round that values the AI lab at $1.25 trillion. Bloomberg reported on the new funding on Friday, citing sources familiar with the matter. The $11 billion is part of a larger funding round that hasn’t closed yet, according to the outlet. The round
Tesla CEO Elon Musk announced the end of the brand’s most ostentatious model, the Cybertruck, in a post on X late Thursday night. Tesla will begin winding down production of the wedge-shaped pickup at its Texas Gigafactory “around the middle of next year,” Musk said, to boost manufacturing capacity for its Cybercab robotaxi. Tesla will
