investigated

“Probe Launched into Fisker’s Ocean SUV Over Faulty Door Mechanism”

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The National Highway Traffic Safety Administration has opened a third investigation into EV startup Fisker’s Ocean SUV, this time centered on problems getting the doors to open. The agency says the complaints point to a an “intermittent failure” of the door latch and handle system. The Ocean SUV is already being investigated by ODI over problems with its braking system, and for complaints about the vehicle rolling away on uneven surfaces. It paused production of the Ocean in March and reported just $121 million in the bank. But the new safety probe suggests a deeper problem with the SUV’s doors.

the investment amounts of Nvidia’s competitors in startup companies.

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Nvidia’s chief rivals in the AI chip space — AMD, Arm and Intel — have been investing aggressively in startups, too, looking to make up ground in markets inclusive of the especially frothy generative AI segment. IntelOf Nvidia’s competitors, Intel far and away has the biggest startup investment operation thanks to Intel Capital, its long-running VC. Curiously, AI startups — despite their strategic importance to the chip industry these days — make up a relatively small portion of Intel’s venture portfolio. According to Crunchbase, Intel’s holdings in software, IT and enterprise SaaS companies far outnumber its AI startup holdings by deal volume. AMDLike Intel and Arm, AMD invests in startups both directly and through a VC org, AMD Ventures.