In 2025, Aurora plans to operate fully driverless trucks at night, in poor weather, and beyond Houston and Dallas and into El Paso and Phoenix.
Category: Tech Crunch
Aurora co-founder Sterling Anderson is leaving the self-driving truck startup
Sterling Anderson, a veteran of the nascent autonomous vehicle sector and co-founder of Aurora, is resigning just a week after the company launched its commercial self-driving truck service in Texas. Anderson held the chief product officer position at Aurora. The resignation was posted in a regulatory filing along with the company’s first-quarter earnings report. His...
Bosch Ventures is turning its attention to North America with new $270M fund
The venture arm of Bosch has a new $270 million fund that will continue its tradition of investing in deep-tech startups. This time, however, Bosch Ventures plans to put more of its money into North American startups. Launched in 2007, Bosch Ventures is now on its sixth fund. And while the corporate VC is technically...
Instacart CEO Fidji Simo is joining OpenAI
Simo, already a board member at OpenAI, will transition out of Instacart over the next few months and join the AI company full-time as Application CEO.
Fastino trains AI models on cheap gaming GPUs and just raised $17.5M led by Khosla
Tech giants like to boast about trillion-parameter AI models that require massive and expensive GPU clusters. But Fastino is taking a different approach. The Palo Alto-based startup says it has invented a new kind of AI model architecture that’s intentionally small and task-specific. The models are so small they’re trained with low-end gaming GPUs worth...
Stripe unveils AI foundation model for payments, reveals ‘deeper partnership’ with Nvidia
Fintech giant Stripe announced Wednesday a slew of new product launches at its annual Stripe Sessions user event. The highlights include a new AI foundation model for payments; stablecoin-powered accounts; a new Orchestration offering, and a recent migration with chip behemoth Nvidia. Stripe’s payments foundation model has been trained on tens of billions of transactions,...
Amid Greek tech boom, a prominent seed-stage firm locks down €75 million
Marathon Venture Capital, a venture firm in Athens that prides itself on being “day one partners to Greek tech partners,” just closed its newest fund with €75 million in capital commitments, according to partner Panos Papadopoulos. The vehicle brings the firm’s total assets under management to €175 million — a meaningful amount for an eight-year-old,...
Hugging Face releases a free Operator-like agentic AI tool
A team at Hugging Face has released a freely available, cloud-hosted computer-using AI “agent.” But be forewarned: It’s quite sluggish and occasionally makes mistakes. Hugging Face’s agent, called Open Computer Agent, is accessible via the web and can use a Linux virtual machine preloaded with several applications, including Firefox. Similar to OpenAI’s Operator, you can...
Rivian earnings: EV maker cuts delivery guidance because of Trump’s tariffs and trade wars
Rivian said in its earnings report Tuesday it will likely deliver fewer vehicles this year than previously forecasted due to President Trump’s tariffs and other regulatory changes, making it the latest automaker to be affected by the new administration’s chaotic economic policies. The company said Tuesday it expects to deliver between 40,000 and 46,000 EVs...
NSO Group must pay more than $167 million in damages to WhatsApp for spyware campaign
The five-year legal battle between the Meta-owned company and the most notorious spyware maker in the world ends with a huge win for WhatsApp.