Dick Kramlich, founder of New Enterprise Associates, discusses on “Sexism in the valley” during the third day of Web Summit in Altice Arena on Nov. 8, 2017 in Lisbon, Portugal. Horacio Villalobos | Corbis News | Getty Images Dick Kramlich, the venture capital pioneer who co-founded New Enterprise Associates almost 50 years ago and built […]
André Thierig, plant manager of the Tesla Gigafactory Berlin-Brandenburg, stands at the final inspection of the production of Tesla Model Y electric vehicles. Patrick Pleul | Picture Alliance | Getty Images Tesla shares fell about 4% in extended trading on Wednesday after the electric vehicle maker reported earnings and revenue for the fourth quarter that trailed […]
U.S. President-elect Donald Trump greets Tesla CEO and X owner Elon Musk during a rally the day before Trump is scheduled to be inaugurated for a second term, in Washington, U.S., January 19, 2025. Brian Snyder | Reuters Tesla’s fourth-quarter earnings report lands just over a week after President Donald Trump began his second term […]
An aerial view of repair vehicles at sunset passing near beachfront homes that burned in the Palisades Fire as wildfires cause damage and loss through the LA region on January 15, 2025 in Malibu, California. Mario Tama | Getty Images Midway through December, tech entrepreneur Dan Preston debuted insurance startup Stand’s first product focused on […]
Former Goldman Sachs executive Ayesha Ofori was confident that investors would be keen to fund her investment platform startup — then came the wall of rejections. Some of the venture capitalists who gave the cold shoulder to Ofori’s female-focused financial investment platform, Propelle, ultimately rejected her, citing her lack of experience. Ofori notes her background at Morgan […]
Sony Ventures takes a look at the trends in climate tech — large language models, biomaterials and … [+] energy demand will drive corporate investment. getty According to the 2024 Carbon & Emissions Tech Report from PitchBookclimate tech deals grew 37.9% in Q1. The May 2024 report says infrastructure, industry and renewable battery deals were […]
A Waymo rider-only robotaxi is seen during a test ride in San Francisco, California, U.S., December 9, 2022. Paresh Dave | Reuters Despite General Motor’s decision to shutter its Cruise robotaxi business earlier this month, the U.S. has never been closer to a driverless future. For the autonomous vehicle industry, 2024 will be remembered as […]
Jaque Silva | Nurphoto | Getty Images A 26-year-old former OpenAI researcher, Suchir Balaji, was found dead in his San Francisco apartment in recent weeks, CNBC has confirmed. Balaji left OpenAI earlier this year and raised concerns publicly that the company had allegedly violated U.S. copyright law while developing its popular ChatGPT chatbot. “The manner […]
The U.S. Securities and Exchange Commission has issued a “settlement demand” to Elon Musk, the tech billionaire disclosed in a social media post on Thursday. The post included a copy of a letter sent by Musk’s attorney, Quinn Emanuel Partner Alex Spiro, to SEC Chair Gary Gensler. The letter said the federal agency had pressured […]
U.S. President-elect Donald Trump and Elon Musk watch the launch of the sixth test flight of the SpaceX Starship rocket in Brownsville, Texas, on Nov. 19, 2024. Brandon Bell | Via Reuters Tesla shares jumped to an all-time high on Wednesday, surpassing their prior record reached in 2021, sparked by a post-election rally and Wall […]
