Autonomous vehicle company Aurora sells $820M worth of stock
Aurora Innovation, the self-driving technology company that aims to launch an autonomous trucking business in 2024, has completed a capital raise of $820 million from a public and concurrent private offering of its stock. The company expects the deal to close Friday. The stock sale will help fund Aurora through
Read moreSpaceX’s Swarm Technologies is halting new device sales
Swarm, the Internet-of-Things connectivity provider that was acquired by SpaceX, will no longer be selling new devices, according to an email sent to customers earlier this month. The news appears to be directly related to SpaceX’s forthcoming expansion into the satellite-to-cell market, with Swarm telling customers that it plans to
Read moreCruise starts initial robotaxi testing in Miami
Cruise, the self-driving arm of General Motors, has begun initial testing and data collection in Miami, the company said in a tweet Wednesday. “Phase 1 is to familiarize our fleet with additional, diverse road conditions while collecting data,” the company said. Cruise declined to provide any further information, like what
Read moreVR is dead
It’s hard to believe that it was only 11 years ago that VR captured the zeitgeist. In April 2012, Oculus hit Kickstarter with the Oculus Rift developer kit, and the tech world whipped itself into a “this is the future” frenzy. Facebook slapped a $2 billion check on the table
Read moreIt’s been a bumpy 6 months for edtech — are smoother roads ahead?
Rhys Spence Contributor Share on Twitter Rhys Spence is head of research at Brighteye Ventures, a European edtech-focused fund. More posts by this contributor 2022 European edtech report: Smaller rounds and fewer deals, but more angel activity Edtech’s honeymoon might be over, but expect a second boom It has been
Read moreExpo+ Pass: The affordable TechCrunch Disrupt 2023 experience
Whether you’re short on time or short on cash, you can still find plenty of exciting opportunities at TechCrunch Disrupt 2023, taking place September 19–21 in San Francisco. The Expo+ pass is the perfect option for anyone with a shoestring budget or an overloaded schedule. Expo+ Pass: Affordable access to
Read moreApple developing AI-powered chatbot: Report
Bloomberg reported yesterday that Apple has been working on its own AI-powered chatbot, internally known as “Apple GPT.” While the company hasn’t revealed concrete plans for public release, its engineers have reportedly been actively using the chatbot, which uses a large language model (LLM) framework named “Ajax.” Running on Google
Read moreTwitter is prepping a job listings feature for verified organizations
Twitter appears to be prepping a feature that allows verified organizations on the platform to post job listings on their profiles. The social media giant has also created an official @TwitterHiring account, but hasn’t tweeted anything from it yet. Although Twitter hasn’t officially announced the job postings feature yet, some
Read moreSamsung Wallet now supports student IDs
Samsung Wallet can now be used to access things around campus without needing a physical card. | Image: Samsung Samsung’s now offering new digital student ID support in its own Wallet app. Galaxy users, specifically those who have recent A, S, or Z series devices, will be able to pull
Read moreHere’s an EthCC recap for those who couldn’t make it to Paris this year
To get a roundup of TechCrunch’s biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m. PT, subscribe here. Welcome back to Chain Reaction. The Paris-based Ethereum Community Conference, EthCC, happened this week and brought in more than 350 speakers and 5,000 attendees. While I
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