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Author Archives: Techme101
Tesla Autopilot plaintiffs seek $345 million in damages over fatal crash in Florida
Jury deliberations have begun in a Tesla trial concerning a fatal Autopilot crash from 2019.
Female-founded semiconductor AI startup SixSense raises $8.5M
SixSense offers an AI-powered platform that helps chip makers prevent defects. It landed backing led by Peak XV’s Surge (formerly Sequoia India & SEA).
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Facing questions on AI strategy, Tim Cook says Apple is ‘very open’ to acquisitions
“The way that we look at AI is that it’s one of the most profound technologies of our lifetime” Cook said. “It will affect all devices in a significant way.”
Amazon CEO wants to put ads in your Alexa+ conversations
Amazon is spending a fortune on AI infrastructure and CEO Andy Jassy sees a new way to pay for it with Alexa+.
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Apple projects tariff costs will hit $1.1B next quarter
That’s an uptick from the $800 million hit last quarter.
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Figma’s top VCs are sitting on $24 billion worth of stock after massive IPO pop
Venture capital firms have been waiting for big exits after an extended lull in IPOs. Figma’s debut is returning billions.
Reddit revenue soars as it bets on AI and advertising
Reddit reported its Q2 earnings, and it’s clear that its focus on AI has ramped up significantly.
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Apple has now sold 3 billion iPhones
The rate of iPhone sales growth has accelerated too. This uptick in sales might be temporary, though.
Apple plans to ‘significantly’ grow AI investments, Cook says
Apple is open to M&A to accelerate its AI strategy, and says it’s made seven acquisitions this year so far.
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Coinbase shares tumble as second-quarter revenue disappoints
Subscription revenue failed to offset weaker trading revenue.