I can’t distinguish the exact tipping point between realistic enthusiasm for a new technology, hype, and aww-come on – but I’m pretty sure that when a sandwich shop with Danny DeVito as a public face talks about AI in its IPO documents, we must be getting close. The same goes for Jersey Mike’s. Given investors’
Even though I grew up driving my dad’s Chevrolet S-10 pickup truck from the passenger seat, I’m not exactly Chevy’s target market. I prefer hatchbacks to cargo beds. But after touring Detroit for a day in the Silverado EV, I realized that Chevy could still turn me into a truck guy. The Silverado EV drives,
IQM, a full-stack quantum company from Finland, went public on the Nasdaq on Thursday via a SPAC merger at a valuation of around $1.9 billion. But stock prices did not rise. They spent most of the day below the IPO price – a lukewarm welcome. SPAC mergers don’t tend to be immediately popular with retail
Nvidia competitor Etched announced this week that TSMC had manufactured its first chip earlier this year. While the four-year-old, $5 billion startup is preparing to ship systems powered by that chip to customers later this summer, scaling production may prove challenging. Like other chip designers, Etched must compete for limited capacity at TSMC’s factories in
The military routinely sends satellites to fly alongside rival vehicles and assess their capabilities, but the U.S. military increasingly sees expanding this type of reconnaissance as a challenge best addressed by the private sector. That’s why two space startups, True Anomaly and Rocket Lab, last week completed a rendezvous mission for the U.S. Space Force
Replacing people with AI doesn’t seem to be that easy to do, if you can look at Meta as an example. Reuters reports that in an internal meeting on Thursday, CEO Mark Zuckerberg told staff that the pace of development of AI agents had not “accelerated in the way” executives had previously expected. Earlier this
