Topic: technology development
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Castelion hits $13B valuation with $1B raise for hypersonic weapons
Castelion raised $1 billion ($800 million equity plus a $250 million credit line) at a $13 billion valuation, led by JPMorganChase's Strategic Investment Group, Andreessen Horowitz, and Carlyle, with T. Rowe Price as a notable new public-markets investor. The startup, founded by former SpaceX exe...
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Snap stock sinks after unveiling pricey AR glasses
Snap's stock fell over 5% after unveiling its $2,200 augmented reality glasses, Specs, continuing a 30% decline over the past year. Investors are concerned about the high price tag, as Snap's primary user base of teenagers typically lacks the disposable income for such a costly device. CEO Evan S...
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Apple’s New Siri Eases Its AI Crisis - Just Enough
Apple has rolled out incremental Siri updates to improve query handling, third-party integration, and natural responses, aiming to address criticism over its lagging AI capabilities. The company is preparing to launch a foldable iPhone and a touch-screen MacBook, marking a significant shift from ...
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Addverb seeks $100M to build India’s rival to Tesla and Unitree bots
Addverb Technologies is seeking over $100 million to accelerate development of humanoid and quadruped robots and AI training infrastructure, its first major fundraising since Reliance's $132 million investment. The funds will support competing against Tesla and Unitree Robotics by building advanc...
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2027 Rivian R2 first drive: A total EV game-changer
Rivian is launching the R2, a more affordable two-row electric crossover aimed at the mainstream market, with the Launch Edition priced under $60,000. The R2’s dimensions are comparable to popular gas-powered crossovers like the Honda CR-V and Toyota RAV4, but it feels smaller than expected due t...
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Arm CEO Defends New CPU Amid Market Backlash
Arm is directly manufacturing its own CPU for the first time, a strategic shift from its traditional role as a neutral supplier of semiconductor blueprints. The company frames this as a demonstration project to showcase its latest designs' full potential, aiming to set a performance benchmark and...
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DLSS 5 Controversy Continues to Grow
NVIDIA's DLSS 5 technology faces criticism for dramatically altering game visuals, with many online observers deriding the aesthetic as AI-generated "slop." NVIDIA's CEO claims DLSS 5 is a deeply integrated generative AI tool, but technical reports describe it as a post-processing filter that ana...
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Uber Invests $1.25B in Rivian for Robotaxi Partnership
Uber is investing up to $1.25 billion in Rivian to deploy 50,000 autonomous robotaxis on its platform over several decades, starting with 10,000 vehicles in San Francisco and Miami by 2028. The partnership is contingent on Rivian achieving key self-driving technology milestones, including integra...
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TaxDown Raises €4M to Grow Its AI Tax Platform
TaxDown, a Madrid-based fintech, has raised €4 million in debt financing from BBVA Spark to fuel its growth, following a recent equity round and emphasizing a strategic, non-dilutive funding approach. The company's hybrid platform combines proprietary AI with human tax experts to help Spanish use...
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Motorola Teams with GrapheneOS for Enhanced Phone Security
Motorola has partnered with GrapheneOS developers to integrate the security-focused operating system into its flagship smartphones by 2027, aiming to bring advanced privacy to a wider market. The collaboration will initially focus on Motorola's 2027 flagship lines, which will be co-engineered to ...
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EU Invests €700 Million in NanoIC Tech
The European Union has inaugurated the €700 million NanoIC pilot line in Belgium, a key project under the European Chips Act to bolster the continent's semiconductor sovereignty and technological independence. The open-access facility provides companies and researchers with cutting-edge beyond-2-...
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Russia's Plasma Engine Aims for 30-Day Mars Journey
Plasma engines, which use ionized propellant and magnetic fields for thrust, promise a revolution in space exploration by offering far greater efficiency and potentially reducing travel times to distant planets from months to weeks. Russia's Rosatom claims its new magnetoplasma accelerator could ...
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Nvidia's 10-Year Quest to Make the Most Updated Android Device
Samsung and Google now promise seven years of Android updates for premium phones, a significant improvement from the one or two major updates typical a decade ago. Nvidia's Shield Android TV, launched in 2015, has received nearly a decade of support due to a sustained corporate passion and dedica...
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Mercedes Pauses Its 'Eyes-Off' Self-Driving Tech
Mercedes-Benz has paused its Level 3 Drive Pilot system due to limited customer demand, high production costs, and its narrow operational scope, which was restricted to specific highways and conditions. The company faced supply chain issues, including a terminated partnership for lidar sensors, a...
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India's Digantara Secures $50M for Space Missile Defense
Digantara, an Indian space surveillance startup, has pivoted from tracking orbital debris to providing missile defense and early-warning capabilities, securing $50 million in funding to support this strategic shift. The company leverages its core sensor and analytics technology to secure defense ...
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Samsung's New Sensor Could Eliminate Motion Blur Forever
Samsung is developing a hybrid camera sensor that combines rolling shutter hardware with a new pixel-bundling design and integrated converters to mimic the motion-free capture of a global shutter. This approach aims to eliminate the motion blur and shutter lag common in smartphone photography, ad...
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Apply Now: 2026 Global Innovators Under 35
The program seeks young innovators under 35 who are driving scientific discoveries and creating transformative technologies with widespread positive impact. Ideal candidates are the principal force behind a definitive breakthrough, with work gaining tangible momentum in fields like health, climat...
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This Startup Is Building a Fusion Reactor on a Boat
Maritime Fusion is developing compact fusion reactors for ships, leveraging advances in AI and superconducting magnets to make commercial fusion energy more feasible. Fusion offers key advantages over fission at sea, including no meltdown risk and minimal radioactive waste, with the company adapt...
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Event Sensors: The Right Data for Smarter Devices
Neuromorphic event sensors mimic the human eye by recording information only when and where movement occurs, offering superior speed, energy efficiency, and performance compared to traditional cameras. These sensors operate asynchronously, with each pixel independently detecting changes in light ...
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Waymo Rolls Out Driverless Rides in Miami for 2026 Launch
Waymo has launched its fully driverless robotaxi service in Miami and is expanding to several other U.S. cities, with a commercial launch planned for 2026. The company now offers paid autonomous rides on highways in Los Angeles, San Francisco, and Phoenix, while facing competition from Zoox and T...
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