Now that humanoids are all the rage in the robotics industry, Boston Dynamics on Tuesday officially retired theirs.
Boston Dynamics has been focused on commercializing technologies for a number of years now.
Boston Dynamics was, of course, well ahead of the current humanoid robotics curve.
Another wrinkle in today’s news is that, as of February, Boston Dynamics was still showcasing Atlas’ capabilities.
Meantime, in lieu of a gold watch, Boston Dynamics is offering up a video featuring some of Atlas’ greatest hits and most spectacular falls.
Read More“Atlas Bows: Boston Dynamics Bids Farewell to Its Hydraulic Humanoid Robot”
Amazon is trying to keep live shopping relevant with the launch of an “Amazon Live” FAST (free ad-supported TV) channel on Prime Video and Freevee.
Previously only available as a feature on desktop, mobile, and Fire TV, the new live channel will give customers in the U.S. more ways to engage with interactive, shoppable content.
Viewers can browse and buy the items influencers show off by using the Amazon Shopping app on their mobile device.
Amazon Live launched in 2019 as a QVC-like shopping experience to help brands get their products discovered and for talent to interact with fans.
According to the company, more than 1 billion customers in the U.S. and India streamed Amazon Live’s shoppable videos in 2023 alone.
Read More“Prime Video and Freevee: Immerse Yourself in the World of Shoppable Videos with Amazon Live”
Tesla layoffs hit high performers, some departments slashed, sources say 'I lost 20% of my team, some really good players too'Tesla management told employees Monday that the recent layoffs — which gutted some departments by 20% and even hit high performers — were largely due to poor financial performance, a source familiar with the matter told TechCrunch.
High performers also cutMany of the laid-off employees were high performers, according to two sources who spoke to TechCrunch on condition of anonymity.
Some departments saw layoffs beyond the 10% outlined in the companywide email, according to sources.
In 2022, he told employees that he wanted a “clean robotaxi” with no steering wheel or pedals.
Patel told TechCrunch he decided Sunday evening to leave Tesla because of “[b]ig overall changes” at the company.
Read MoreTop-Performing Employees at Tesla Affected by Layoffs, Multiple Departments Cut, Sources Reveal
Design firm Zypsy will do $100,000 worth of work for 1% equity for early-stage startupsZypsy, a design firm with a track record of helping early-stage startups, has launched a new and somewhat unique venture investment program.
Instead startups will pay by issuing Zypsy 1% equity of their companies via a SAFE (Simple Agreement for Future Equity).
Zypsy has already added five startups to the first cohort of the design capital program (alphabetical order):Pilot projects with over 25 startups for three yearsThe six-year-old design company has worked with more than 25 startups.
“They are ‘cash-based clients, not an ‘equity-based portfolios’ like five companies we mentioned in the first design capital program,” he said.
In 2023, Zypsy raised $3 million to establish Design Capital.
Read More“Revamp Your Startup with Zypsy’s $100,000 Design Services for a 1% Equity Share”
Tiktok said today that it has partnered with ticketing company AXS to sell tickets for events worldwide.
Users in these regions can tap on the events highlighted in videos or on artists’ profiles to buy tickets through AXS.
TikTok had signed a similar deal with Ticketmaster for U.S.-based events in 2022, and expanded the partnership in 2023 to sell tickets in 20 more countries.
The short-video platform said it will let certified artists promote their live events by adding AXS event links to their videos, and sell tickets via an in-app ticketing feature.
Last October, TikTok onboarded Tickets.com as a partner to sell passes for its first live music event.
Read MoreAXS and TikTok Join Forces to Offer Global Ticket Sales for Live Events
If so, ensuring your cap table and data room are pristine could be the difference between a smooth, swift raise and a drawn-out, costly process.
At TechCrunch Early Stage 2024, join Fidelity Private Shares’ session, “Preparing to Raise: Cap Table Best Practices to Help You Close Fast” to gain invaluable insights from industry experts.
Whether you’re a first-time founder or a seasoned entrepreneur, mastering cap table management is essential for a successful fundraising journey.
Meet the speakersKristen Craft, vice president and business partner manager at Fidelity Private Shares, brings a wealth of experience from both sides of the startup equation.
At Fidelity, she spearheads initiatives to support founders and investors with equity management tools, fundraising strategy, and go-to-market best practices.
Read MoreGain Expertise in Cap Table Management using Fidelity Private Shares
A new social media app called Indaband lets musicians and vocalists collaborate with others and make music with people all over the world.
You can record and mix unlimited video tracks in different sessions using the app’s multi-track video studio and share them with your community.
The app is the brainchild of CEO Daniel Murta, CTO Andrews Medina, Head of Engineering Helielson Santos and Design Leader Emerson Farias.
They all used to get together to play music during happy hours after work, and once the pandemic hit, they came up with the idea for Indaband so they could still play music together while in quarantine.
Circles will allow users to build their own communities on the app and possibly even hold live events.
Read More“Collaborate with Musicians Worldwide Using Indaband’s Innovative App”
After considering a few ideas, they decided to go after what they saw as a largely unaddressed market: Tools to help small businesses secure U.S. government contracts.
“The federal contracting community has seen a shrinking of the small business industrial base for much of the past decade,” Doherty told TechCrunch.
It’s also expensive for them to bid on contracts — if they don’t win, they may run out of cash.”As a result of labyrinthine systems and mountains of paperwork, finding and bidding for U.S. federal contracts is a laborious process.
To attempt to give these small businesses a boost, Goltser, Mason and Doherty founded GovDash, a platform that provides workflows to support government contract capture, proposal, development and management processes.
New York-based, six-employee GovDash currently works with around 30 federal contractors across the U.S., Doherty said, and is “nearly” cash-flow positive.
Read MoreGovDash’s Goal: Utilizing AI to Facilitate Business Success in Obtaining Government Contracts
For the firm that calls itself “the first check in deep tech,” the last check for SOSV’s latest $306 million fund took a bit longer than founder Sean O’Sullivan would have liked.
“We’re concentrating and double doubling down on deep tech,” O’Sullivan said.
We’re doing a fewer number of companies, more like 80 deep tech companies per year.
O’Sullivan said that SOSV intends to invest about 70% of the funds in climate tech companies, 25% in health tech, and the remaining 5% will be reserved for opportunistic investments.
“We have a special place to serve because we do deep tech, because we do get into the biology, we do get into the chemistry, the physics and the electronics.
Read More“Climate Investing as a Critical Battle: SOSV Founder Announces Successful $306M Fund Closure”
ISAs are a technical spec at the foundation of every chip, describing how software controls the chip’s hardware.
In addition to building the chip, Rivos is working on self-contained data center hardware based on the Open Compute Project modular standard, which will effectively serve as plug-and-play chip housing.
Startups by the dozens, meanwhile, are angling for a slice of a custom data center chip market that could reach $10 billion this year and double by 2025.
Habana Labs, the Intel-owned AI chip company, laid off an estimated 10% of its workforce last year.
Kumar wouldn’t talk about customers, and Rivos’ chip isn’t anticipated to reach mass production until sometime next year.
Read MoreRivos Strategizes Future Moves as Apple Lawsuit Lingers
