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Archer Aviation reveals 2-seater demonstration aircraft, a ‘stepping stone’ toward commercial operations

5 years 3 months ago
Archer Aviation unveiled its autonomous electric two-seater aircraft dubbed “Maker” on Thursday, which it will use for testing as it works toward certification of a larger piloted five-seater announced in March 2020. The aircraft unveiled on Thursday is not what would take to the skies should the company reach commercial operation in 2024. However, Archer’s […]
Aria Alamalhodaei

SoftBank, Uber, Tencent set to reap rewards from Didi IPO

5 years 3 months ago
After years of speculation, Didi Chuxing, China’s ride-sharing behemoth, finally unveiled its IPO filing in the U.S., giving a glimpse into its money-losing history. Didi didn’t disclose the size of its raise. Reuters reported the company could raise around $10 billion at a valuation of close to $100 billion, though The Wall Street Journal cited […]
Rita Liao

Nvidia acquires hi-def mapping startup DeepMap to bolster AV technology

5 years 3 months ago
Chipmaker Nvidia is acquiring DeepMap, the high-definition mapping startup announced. The company said its mapping IP will help Nvidia’s autonomous vehicle technology sector, Nvidia Drive. “The acquisition is an endorsement of DeepMap’s unique vision, technology and people,” said Ali Kani, vice president and general manager of Automotive at Nvidia, in a statement. “DeepMap is expected […]
Rebecca Bellan

Apple announces its 2021 Apple Design Award winners

5 years 3 months ago
Apple incorporated the announcement of this year’s Apple Design Award winners into its virtual Worldwide Developers Conference (WWDC) online event instead of waiting until the event had wrapped, like last year. Ahead of WWDC, Apple previewed the finalists, whose apps and games showcased a combination of technical achievement, design and ingenuity. This evening, Apple announced […]
Sarah Perez

Apple confirms hiring of Ulrich Kranz, former CEO of EV company Canoo

5 years 3 months ago
Apple has hired the former co-founder and CEO of electric vehicle company Canoo to help with the development of the Apple Car, Bloomberg first reported, citing unnamed sources. Apple has confirmed to TechCrunch it has hired Kranz, but did not provide further details into his job responsibilities or title. Kranz resigned his position at Canoo […]
Rebecca Bellan

Pitch us, Pittsburgh

5 years 3 months ago
We’re getting closer to putting our spotlight on Pittsburgh, and there’s quite a bit going on behind the scenes. We’ve been spending a ton of time chatting with folks who are on the ground in the city, and we’ve had a great time learning and listening, which we think will make this installment of our Spotlight […]
Matt Burns

Ledger raises $380 million for its crypto hardware wallet

5 years 3 months ago
French startup Ledger has raised a $380 million Series C funding round led by 10T Holdings. Following today’s funding round, the company has reached a valuation of $1.5 billion. Other investors in the funding round include existing investors Cathay Innovation, Draper Associates, Draper Dragon, Draper Esprit, DCG, Korelya Capital and Wicklow Capital. Some new investors […]
Romain Dillet

Scale to launch a mapping product to address the changing needs of its autonomous driving customers

5 years 3 months ago
Solving the varied challenges that arise in autonomous driving is an incredibly complex task, but even attempting to get started means ensuring you have quality data that’s accurate and well-annotated. That’s where Scale comes in, having identified early on that the AV industry would require annotation of huge swaths of data, including specialized lidar imaging. […]
Darrell Etherington

Course Hero acquires LitCharts, founded by the creators of SparkNotes

5 years 3 months ago
I’ll admit it: I was the student that tipped the teacher off that half of our English class, including me, was using SparkNotes to “read” “Twelfth Night” by Shakespeare, instead of actually reading the text itself. The site, which offered summaries of books on a chapter-by-chapter basis, was the best way to review novels before […]
Natasha Mascarenhas

Macron says G7 countries should work together to tackle toxic online content

5 years 3 months ago
In a press conference at the Élysée Palace, French President Emmanuel Macron reiterated his focus on online regulation, and more particularly toxic content. He called for more international cooperation as the Group of Seven (G7) summit is taking place later this week in the U.K. “The third big topic that could benefit from efficient multilateralism […]
Romain Dillet

Dark Sky iOS app and website are likely shutting down at the end of 2022

5 years 3 months ago
After Apple acquired Dark Sky in March of 2020, we all knew the super-granular weather app was probably headed for shutdown. But while the company announced that the Android app would go dark in July of the same year, things were left a bit more open-ended for the iOS app. There would be “no changes” […]
Greg Kumparak

Homebuying startup Flyhomes closes $150 million Series C

5 years 3 months ago
Amid a recent tear in residential real estate investment, venture capitalists are looking to get a piece of homebuying startup Flyhomes. The five-year-old startup announced today that they’ve closed a $150 million Series C round co-led by Norwest Venture Partners and Battery Ventures. Fifth Wall, Camber Creek, Balyasny Asset Management, Zillow’s Spencer Rascoff and existing […]
Lucas Matney
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