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Jeff Bezos’ AI startup aims to build an ‘artificial general engineer’

Amazon founder Jeff Bezos says his new AI startup will work toward developing an “artificial general engineer,” according to reports from The New York Times and CNBC. The startup, called Prometheus, aims to develop AI-powered engineering tools to aid in the design of physical products. The NYT first reported on Prometheus last November, but now […]

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Humanoid robot maker EngineAI files for a Hong Kong IPO

EngineAI, a Chinese maker of humanoid robots, has filed confidentially for an initial public offering in Hong Kong, Bloomberg reported on Friday, citing people familiar with the matter. The Shenzhen-based startup is working with China International Capital Corp and Citic Securities on the possible share sale. The company is only three years old. It raised […]

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Mistral is in funding talks at a €20bn valuation

Mistral is in funding talks to raise about €3bn ($3.5bn) at a valuation of roughly €20bn, Bloomberg reported on Friday, citing people familiar with the discussions. That would nearly double the price investors put on Europe’s leading AI startup just months ago. The talks are early, and the terms could change. The valuation may even […]

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SpaceX rings the bell on its Nasdaq debut, and Musk admits he gave it ‘less than a 10% chance’

SpaceX rang the Nasdaq opening bell on Friday, marking its Nasdaq debut as a public company with the largest IPO on record. It did so in typical fashion. Hours earlier, a Falcon 9 rocket had launched a batch of Starlink satellites into orbit. “What other company would do something like that on the day it […]

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