Indian electric vehicle startup River on Wednesday said it had raised $120 million to scale manufacturing for its next phase of growth. The Series C round was led by Indian investors Elev8 Venture Partners and Claypond Capital, with participation from Singularity AMC, Anicut Capital, 360 ONE Asset, JIF Capital, and HDFC AMC, alongside existing backers
Update August 5, 12.10 am PT: Wispr Flow has officially launched its notetaker for Mac. The notetaker, similar to the one of Granola’s, uses system audio to transcribe a meeting without joining one. It also cleans up transcripts, creates action items, and lets users query across meeting history with the help of AI. Users can
Lucid Motors said Tuesday that its “operational reset” will focus on $1.4 billion in cash reductions along with three other “must win” and potential money-making priorities that include robotaxis, its factory in Saudi Arabia, and launching a mid-sized electric vehicle. But that mid-sized vehicle, which is supposed to start at under $50,000, is now delayed
Elon Musk spent SpaceX’s first earnings call making some out-of-this-world claims about the company’s business and future prospects, while his fellow executives kept trying to bring his ideas closer to Earth — providing a hint of what’s to come now that his rocket-launching, compute-leasing, satellite-based telecom is public. The conference call, held Tuesday, was the
As policymakers debate how to govern increasingly powerful AI systems like OpenAI’s GPT-5.6 Sol and Anthropic’s Mythos, a Chinese open-weight model has narrowed the gap with the industry’s leaders. GLM-5.2, the open-weight AI model from China’s Z.ai, is only a few months behind OpenAI’s GPT-5.5 and Anthropic’s Claude Opus 4.7 on cyber and bio capabilities,
During its second-quarter earnings call on Tuesday, Spotify again teased the upcoming release of a new product that will allow music fans to leverage AI to make covers and remixes of artists’ music, with the artists’ consent. The company also announced that Merlin, a licensing partner for independent labels and distributors, has now joined Universal
