Rivian spinout Also was working on an e-moto project in Kenya -- until it walked away: Also co-founder and president Chris Yu told TechCrunch that he wanted to prioritize autonomous vehicles. Read More
Zipline hits $21.5B valuation as Walmart expands bet on drone delivery: Zipline raised $1.5 billion and ramped up its partnership with Walmart. Read More
Billionaire Palmer Luckey isn't leaving California over the wealth tax: "It's causing a lot of people to run who I don't want to be running," native Californian Palmer Luckey said. "But I'm planning on staying in California. I'm going to keep fighting it." Read More
Must-Reads
Y Combinator's Garry Tan uses AI agents so much, he spends up to $200K a year on tokens: Y Combinator Garry Tan has jokingly admitted that he's suffered from "cyber psychosis” and barely sleeps sometimes because he’s so excited to be working with his AI agents. On a new episode of Walter Isaacson’s podcast, The Builders, Tan put a price tag on his passion. Read More
Harbinger raises $240M after expanding into defense: The Los Angeles-based startup has now raised more than $650 million, and is working on electric trucks, emergency vehicles, and a driverless platform for the military. Read More
Salesforce’s M&A spree continues with a reported $375M deal for defense tech startup Rune: The AI logistics startup will bolster the CRM giant's Missionforce defense platform.
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Axiom Math wants to keep AI slop out of mathematics: As AI floods math with unchecked proofs, Axiom Math is betting on verification. The startup’s AI agents just formally verified the Stacks Project, one of the field’s biggest libraries. Read More
Trajectory raises $45M to make AI model training accessible to nontechnical experts: The one-year-old startup is now valued at $300 million. Read More
Last but Not Least
Food delivery startup Wonder files for IPO as it explores its next big bite: Following years of fundraising, acquisitions, and expansion, food delivery startup Wonder is moving closer to becoming a publicly traded company. Read More