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Einride lists on Nasdaq at $1.35 billion, down from the $5 billion it once discussed with banks

Digital Marketing, Next Featured, Self-driving, SEO Tips, Startups and technology, Technology /

Einride, the Swedish electric and autonomous trucking startup, began trading on the Nasdaq on Wednesday through a merger with blank-check firm Legato Merger Corp III. The deal values the company at approximately $1.35 billion pre-money, down from the $1.8 billion announced in November and well below the roughly $5 billion discussed in earlier IPO talks with banks, […]

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WhatsApp ordered to host rival AI assistants for free

Digital Marketing, Meta, News, Policy, Politics, Regulation, SEO Tips, Technology /
Meta has been ordered by the European Commission to restore free WhatsApp access for chatbots made by rival AI providers while the regulator finishes its antitrust investigation. The rare interim measure announced on Tuesday was deemed necessary “to prevent serious and irreparable damage to competition” in the general-purpose AI assistant market. This is only the […]

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The $2 trillion AI infrastructure problem no one is talking about, and the engineer solving it

Artificial Intelligence, Deep tech, Digital Marketing, SEO Tips, Technology /

The AI infrastructure earnings calls of the past eight quarters have given the public a precise vocabulary for what the build-out costs in capital. Hyperscaler GPU procurement. Power purchase agreements. Real-estate footprints. The vocabulary they have not given the public is for what it costs to keep the clusters healthy on a recurring basis after […]

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75% of C-suite leaders say agentic AI lives up to the hype or is underestimated. 48% still plan to cut headcount.

Artificial Intelligence, Digital Marketing, Future of work, SEO Tips, Technology /

Three-quarters of C-suite leaders at some of the world’s largest companies say agentic AI either lives up to the hype or is being underestimated. That is according to a poll conducted by AI Infra Summit at an exclusive CEO event in April, where attendees represented firms including Amazon, Dell Technologies, FedEx, Hitachi, Lenovo, MasterCard, Mercedes-Benz, […]

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75% of C-suite leaders say agentic AI lives up to the hype or is underestimated. 48% still plan to cut headcount. Read More »

Standard Bots raises $200 million to build robotic arms in the US and claims it will handle 10% of industrial deployments by year-end

Artificial Intelligence, Digital Marketing, Investors and funding, robots, SEO Tips, Startups and technology, Technology /

Standard Bots has raised $200 million at a $1 billion valuation to expand US manufacturing of AI-powered robotic arms. The round was led by General Catalyst and RoboStrategy, a robotics-focused fund, and follows a $63 million raise nearly two years ago at an undisclosed valuation. The New York-based company makes robotic arms for industrial automation, handling tasks […]

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Standard Bots raises $200 million to build robotic arms in the US and claims it will handle 10% of industrial deployments by year-end Read More »

Ambani-backed Addverb wants $100 million to build India’s answer to Unitree and Tesla Optimus

Asia, Digital Marketing, robots, SEO Tips, Startups and technology, Technology /

Addverb Technologies, the Indian robotics startup controlled by Mukesh Ambani’s Reliance Industries, is seeking to raise more than $100 million to fund development of humanoid and quadruped robots and build the AI systems to train them. CEO Sangeet Kumar told Bloomberg the raise is the company’s first major fundraising effort since Reliance’s $132 million investment […]

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