AI chip startup Etched books $1B in orders, hits $5B valuation
Etched has raised $500 million at a $5 billion valuation and booked $1 billion in contract orders for its specialized AI inference hardware.
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Chips & Hardware
583 storiesBlue Origin still investigating cause of New Glenn rocket explosion
Blue Origin is investigating the cause of its New Glenn rocket explosion while planning to modify its launch process to resume flights as quickly as possible.
Tesla begins testing pedal-less Cybercab in Austin
Tesla has begun testing its pedal-less, two-seat Cybercab in Austin, Texas, as US regulators move toward rules that would not mandate brake pedals for automated vehicles.
Arcturus raises $8M to boost electrical grid efficiency
Arcturus raised $8 million to develop nano-infused copper and aluminum, a material that could potentially cut electrical grid energy losses in half.
South Korea bets $900B to become an irreplaceable AI power
South Korean tech giants plan to invest over $900 billion in AI and memory chip infrastructure to establish the nation as an irreplaceable industrial power.
Proception settles Tesla lawsuit, secures $11M seed funding
Proception raised an $11 million seed round and settled a trade secret lawsuit with Tesla, aiming to solve robotic dexterity using a sensor-laden glove for scalable data collection.
Pocket raises $11M to scale its AI note-taking hardware
Pocket raised $11 million to expand its AI note-taking hardware business, which has sold more than 130,000 units since launching last year.
Flipper Devices launches Busy Bar productivity gadget
Flipper Devices is launching the Busy Bar, a productivity-focused LED display with smart home integration, available for sale next month starting at $199.
Govee launches $500 smart nugget ice maker
Govee has launched the $500 Smart Nugget Ice Maker Pro, a premium appliance capable of producing up to 60 pounds of nugget ice daily with app and voice control.
Paul Meade leaves Apple to join OpenAI hardware team
Apple executive Paul Meade is reportedly leaving the company to join OpenAI’s hardware team, amid a broader leadership shake-up at the iPhone maker.
Aseon Labs raises $10 million to build robotaxi maintenance pods
Aseon Labs raised $10 million to develop automated pods that clean and charge robotaxis, aiming to reduce the "deadhead miles" that currently hinder industry profitability.
Microsoft raises Xbox prices worldwide starting August 1
Microsoft is raising Xbox console prices worldwide starting August 1, citing rising memory and storage costs, with warnings that prices could double by the fall of 2027.
Apple raises prices on Mac and iPad lineups
Apple is raising prices across its Mac and iPad lineups due to a worldwide memory shortage, though iPhone prices remain unchanged for the moment.
Cellebrite tools used in Russia despite company's exit claims
Russian authorities used Cellebrite tools to hack a political opponent’s phone, raising questions about why the technology remained functional after the company claimed to cut ties.
Slate shifts to LFP batteries for its $24,950 EV truck
Slate is switching its EV truck to cheaper LFP batteries, enabling a $24,950 starting price and a 205-mile range as the industry moves away from NMC chemistry.
Agility Robotics plans to go public via SPAC at $2.5B valuation
Agility Robotics plans to go public through a SPAC merger with Churchill Capital Corp XI in a deal roughly valued at $2.5 billion.
Tesla faces lawsuit and federal probe after fatal Texas crash
Federal regulators are investigating a fatal Texas Tesla crash, while the victim's family has sued the driver and Tesla, citing conflicting reports on Autopilot usage.
Zoox updates robotaxi design ahead of commercial launch
Amazon-owned Zoox has upgraded its robotaxi design for comfort and function, as the company hopes to launch commercial service later this year pending regulatory approval.
Samsara debuts sticky Bluetooth label to combat global cargo theft
Samsara is launching a disposable, business-card-sized Bluetooth tracking label designed to combat global cargo theft by leveraging its existing fleet sensor network for real-time visibility.
OpenAI unveils Jalapeño, its first custom inference chip
OpenAI has unveiled Jalapeño, its first custom-built inference processor developed with Broadcom, aiming to improve performance-per-watt and reduce reliance on Nvidia hardware.