NVIDIA and Qualcomm Ventures have joined a growing coalition of U.S. and Indian investors backing India’s deep tech startups. The group launched in September with more than $1 billion in commitments, timing that aligns with India’s new ₹1 trillion (around $12 billion) research and development initiative. NVIDIA has joined the coalition as a strategic technical advisor, without any financial commitments, …
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Trump flips and re-nominates Jared Isaacman to lead NASA | TechCrunch
On Tuesday, President Donald Trump announced on his social media platform Truth Social that he is re-nominating Shift4 founder Jared Isaacman to lead the NASA, the nation’s space agency, months after withdrawing the nomination. The reversal comes after weeks of online sniping from Elon Musk and others directed at Secretary of Transportation Sean Duffy, who has been leading NASA in …
Read More »Amazon sends legal threats to Perplexity over agentic browsing | TechCrunch
Amazon has told Perplexity to get its agentic browser out of its online store, the companies both confirmed publicly on Tuesday. After warning Perplexity multiple times that Comet, its AI-powered shopping assistant, was violating Amazon’s terms of service by not identifying itself as an agent, the ecommerce giant sent the AI search engine startup a sternly worded cease-and-desist letter, Perplexity …
Read More »People Inc forges AI licensing deal with Microsoft as Google traffic drops | TechCrunch
People Inc., one of the largest media publishers in the U.S., has signed an AI licensing deal with Microsoft. The media giant (formerly known as Dotdash Meredith) made the announcement Tuesday as a part of parent company IAC’s third-quarter earnings. Under the deal, People Inc. will become a launch partner in Microsoft’s publisher content marketplace. This is the company’s second …
Read More »Beta Technologies ends first day on NYSE in the green and $1B raised | TechCrunch
Shares of electric aviation startup Beta Technologies took flight Tuesday as the company made its debut on the New York Stock Exchange with an outsized raise of $1 billion and a stock price that closed up. The Vermont-based company priced shares in its IPO at $34, above its predicted range of $27 to $33. Beta Technologies sold 29.9 million shares …
Read More »Rivian creates another spinoff company called Mind Robotics | TechCrunch
Rivian has created its second spinoff company this year: an industrial AI and robotics venture called Mind Robotics. The new effort will be focused around using “industrial AI to reshape how physical world businesses operate and leverage Rivian operations data as the foundation for a robotics data flywheel,” according to a the company’s third-quarter shareholder letter published Tuesday. (That’s a …
Read More »Google’s AI Mode gets new agentic capabilities to help book event tickets and beauty appointments | TechCrunch
Google announced on Tuesday that it’s launching new agentic capabilities in AI Mode, its feature that allows users to ask complex questions and follow-ups to dig deeper on a topic directly within Search. Users can now get help with booking event tickets and beauty and wellness appointments in AI Mode. For example, you can say, “Find me two cheap tickets …
Read More »Sequoia names Alfred Lin and Pat Grady as new Co-Stewards as Roelof Botha steps down | TechCrunch
Just over three years after taking the reins as the leader of Sequoia Capital, Roelof Botha is stepping down as Senior Steward of the storied VC firm. The firm announced Tuesday that partners Alfred Lin and Pat Grady will succeed him as co-Stewards. Lin joined the storied firm in 2010, where he has led major investments into category-defining companies like …
Read More »Sora is now available on Android in the US, Canada, and other regions | TechCrunch
Sora, the AI video generator from OpenAI, is now officially available for Android users in the U.S., Canada, Japan, Korea, Taiwan, Thailand, and Vietnam. Initially launched as an iOS app in September, Sora quickly rose to the top of the App Store charts, amassing over 1 million downloads in a week. With its arrival on the Google Play Store, Sora …
Read More »Norway’s wealth fund vote is latest blow to Musk’s $1 trillion pay package | TechCrunch
Norway’s sovereign wealth fund has voted against a Tesla proposal to give CEO Elon Musk a compensation package worth $1 trillion. The fund, which is managed by Norges Bank Investment Management, holds a 1.14% stake in Tesla valued at about $11.7 billion, according to its mid-year filings in June. “While we appreciate the significant value created under Mr. Musk’s visionary …
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