Category: Uncategorized
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Rivian wraps 2024 with more than 50,000 EVs delivered
Rivian finished last year having delivered 51,579 electric SUVs, trucks, and vans, more than triple the number it shipped to customers in 2023. The company announced Friday that it also built 49,476 EVs in 2024. That’s about 8,000 fewer than it expected to manufacture as recently as July. Rivian was forced to lower its expectations,… Read more
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Hindustan Unilever in talks to acquire Peak XV-backed Minimalist for up to $350M
Consumer goods giant Hindustan Unilever is in advanced talks to acquire four-year-old direct-to-consumer startup Minimalist for up to $350 million, according to two people familiar with the matter. An acquisition would add to the Unilever subsidiary’s buying spree in India, where it expanded into the health and wellbeing category by acquiring Oziva and Wellbeing Nutrition… Read more
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Cloudflare’s VPN app among half-dozen pulled from Indian app stores
More than half-a-dozen VPN apps, including Cloudflare’s widely-used 1.1.1.1, have been pulled from India’s Apple App Store and Google Play Store following intervention from government authorities, TechCrunch has learned. The Indian Ministry of Home Affairs issued removal orders for the apps, according to a document reviewed by TechCrunch and a disclosure made by Google to… Read more
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Peter Thiel-backed venture debt firm Tacora raises $268.7M for new fund
Tacora Capital has raised its second fund, after Peter Thiel backed its first fund with $250 million. © 2024 TechCrunch. All rights reserved. For personal use only. Read more
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KoBold used AI to find copper — now investors are piling in to the tune of $537M
The Bill Gates-backed startup uses AI to comb through massive data sets in an attempt to find more critical minerals. © 2024 TechCrunch. All rights reserved. For personal use only. Read more
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xAI’s next-gen AI model didn’t arrive on time, adding to a trend
The list of flagship AI models that missed their promised launch windows continues to grow. Last summer, billionaire Elon Musk, the founder and CEO of AI company xAI, said that Grok 3, xAI’s next major AI model, would arrive by “end of year” 2024. Grok, xAI’s answer to models like OpenAI’s GPT-4o and Google’s Gemini,… Read more
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These 55 robotics companies are hiring
From the looks of things, companies in the category — including Agility Robotics and Formlogic — can’t hire quickly enough. © 2024 TechCrunch. All rights reserved. For personal use only. Read more
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Meta policy chief Nick Clegg steps down
The president of Meta’s Global Affairs team, Nick Clegg, is stepping down from his position at the company, the executive announced in a tweet on Thursday. Clegg, Meta’s politically centrist policy chief since 2018, will be replaced by one of the company’s most prominent Republican executives, Joel Kaplan. Clegg noted on X that Kaplan is… Read more
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CES 2025: What to expect from the year’s first and biggest tech show
CES 2025 officially kicks off in Las Vegas on Tuesday morning, running through the end of the day on January 10. The “official” dates are specific to when the floor of the Las Vegas Convention Center is open to attendees, and ultimately belie the show’s true duration. A pair of press days kick off Sunday… Read more
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Spotify’s partner program for podcast hosts is now available
Spotify announced Thursday the launch of its new “Partner Program” that lets popular podcast hosts monetize their video content. Spotify’s new program gives qualifying creators on its platform opportunities for extra income beyond just advertising revenue, such as video payouts. The program was initially announced back in November and is officially available in the U.S.,… Read more