Co-founder and CEO Paul Eremenko called it the start of a “new golden age of aviation” as a Universal Hydrogen-branded jet made its first test flight in eastern Washington using the largest hydrogen fuel cell ever used to power an aircraft. Even though the 15-minute test flight of the modified …
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Renovate is building roof-shingle robots
Roofing isn’t glamorous. It meets the three Ds of automation—dull, dirty, and dangerous—with ease. Some smart roboticists could transform it. It’s always one of the most dangerous construction jobs, but there are a lot of roofs in the world, so everyone who wants one should have one. At launch, Renovate …
Read More »Figure 1 unveils its humanoid robot from stealth
Humanoid robots are a timeless concept, but their popularity fluctuates over time. Tesla’s Optimus prototype has reignited the debate over general-purpose robot form, efficacy, and viability. In an interview this week, Boston Dynamics founder Marc Raibert said, “I thought that they’d gotten a lot more done than I expected, and …
Read More »Contract lifecycle management remains profitable, and SpotDraft raises $26 million
Contract lifecycle management tools offer VCs great potential. Two years ago, contract-drafting, management, and review software startups raised over $70 million in venture equity. Contract lifecycle management, or CLM, is growing fast compared to customer relationship management ($44.9 billion in 2023). Legal tech spending—including CLM—will triple by 2025, according to …
Read More »Wunderkind raises $76M
Wunderkind, a platform that lets brands target web visitors with emails, texts, and other digital ads, raised $76 million in a Series C round led by Neuberger Berman, a financial services company. Bill Ingram, Wunderkind’s new CEO, says the tranche, which brings Wunderkind’s total raised to over $150 million, will …
Read More »Naomi Osaka, Usher, and Apolo Ohno support Immi’s upcoming instant ramen dominance
People want healthier food, including their comfort foods, but tastes change. Ramen is a pantry staple and a joke for college students and young entrepreneurs, but the market potential is huge. The global instant noodle market was nearly $46 billion in 2020 and expected to reach $66 billion by 2027. …
Read More »Elliott has proposed its own list of potential Salesforce board members
One of the five activist investors working inside of Salesforce, Elliott Management, has proposed a list of candidates for the board of directors. Sources told that this action shows that attempts to fix the situation before it got to this point have failed.CNBC was the first to break this news. …
Read More »Here’s how to watch and what to anticipate for Tesla Investor Day
We’re approaching Tesla Investor Day, a time when investors and super fans travel to the company’s Gigafactory Texas, which is close to Austin, while the rest of us watch via live stream on YouTube or Twitter to find out exactly what CEO Elon Musk has in store for the future. …
Read More »500 employees are laid off by ThoughtWorks due to the continuous slowdown
Thoughtworks has recently joined the long list of software companies that have been laying off staff as a result of the global economic downturn. When contacted for comment on Wednesday, the software consulting firm confirmed that 500 employees, or around 4% of its whole global staff, had been laid off. …
Read More »Web3 projects can now connect to Web 2.0 platforms like AWS and Meta through Chainlink’s new platform
Chainlink, a web3 services platform, told that it is making a self-service, serverless platform to help developers connect their decentralized applications (dApps) or smart contracts to any Web2.0 API. According to Kemal El Moujahid, chief product officer at Chainlink Labs, the new platform, Chainlink Functions, also enables developers to conduct …
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