Category: Uncategorized
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Microsoft inks massive carbon removal deal powered by a paper mill
The purchase covers 12 years of emissions from CO280’s first carbon capture project at a mill on the Gulf Coast. Read more
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Leaders from Accel and Paladin Capital Group join the stage at StrictlyVC London in May
Mark your calendar — StrictlyVC London is just around the corner on 13 May. Designed for founders, entrepreneurs, and investors, this exclusive gathering promises deep VC insight and high-value connections. We’re thrilled to welcome our first pair of confirmed speakers: Nazo Moosa, managing director of Paladin Capital Group, and Sonali De Rycker, partner of Accel… Read more
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Lucid Motors wins bankruptcy auction for Nikola’s Arizona factory and other assets
EV startup Lucid Motors has emerged as a surprise winner in the bankruptcy auction for electric trucking company Nikola’s Arizona factory and other assets, according a late Thursday court filing. Lucid committed around $30 million in cash and non-cash considerations in exchange for the factory, Nikola’s lease on its Phoenix headquarters, and “certain machinery, equipment… Read more
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Tesla used car listings skyrocketed in March
A growing number of Tesla owners are putting their used vehicles up for sale, as consumers react to Elon Musk’s political activities and the global protests they have fueled. In March, the number of used Tesla vehicles listed for sale on Autotrader.com skyrocketed, Sherwood News reported, citing data from Autotrader parent company Cox Automotive. The… Read more
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Stripe CEO says he ensures his top leaders interview a customer twice a month
Digital payments platform Stripe invites customers to join its management team meetings on a bi-weekly basis so it can get “candid feedback,” according to co-founder Patrick Collison. In an April 8 post on X, the fintech giant’s CEO said the company has a customer join for the first 30 minutes of the meeting, which is… Read more
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How Chef Robotics found success by turning away its original customers
A few years ago, Chef Robotics was hurting. But founder Rajat Bhageria turned it around by doing something that early-stage founders fear to do. Read more
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Fintech founder charged with fraud after ‘AI’ shopping app found to be powered by humans in the Philippines
Albert Saniger, the founder and former CEO of Nate, an AI shopping app that promised a “universal” checkout experience, was charged with defrauding investors on Wednesday, according to a press release from the U.S. Department of Justice. Founded in 2018, Nate raised over $50 million from investors like Coatue and Forerunner Ventures, most recently raising… Read more
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Yahoo removes DEI pages from its website
Several tech companies have scaled back public commitments to DEI amid a broader crackdown by the Trump administration. Read more
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DeepMind CEO Demis Hassabis says Google will eventually combine its Gemini and Veo AI models
In a recent appearance on “Possible,” a podcast co-hosted by LinkedIn co-founder Reid Hoffman, Google DeepMind CEO Demis Hassabis said Google plans to eventually combine its Gemini AI models with its Veo video-generating models to improve the former’s understanding of the physical world. “We’ve always built Gemini, our foundation model, to be multimodal from the… Read more
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Cofertility lets women freeze their eggs for free through its donor-matching program
In recent years, focus on career and delayed marriage age is driving some women to consider preserving their fertility through egg freezing. But the steep cost of the procedure, estimated at $10,000 to $15,000 per attempt, means many women can’t afford it during their most fertile years: 20s and early 30s. Cofertility, a startup founded… Read more