Robotics investments are gaining speed after post-pandemic slowdown

New numbers out of Crunchbase this week see robotics investments once again trending in a positive direction. The previous two years presented a steady drop in overall numbers, following a record 2021 driven by pandemic-fueled job loss. As we head into the second half of the year, 2024 is on-track to beat last year’s numbers. […]

Agility’s humanoid robots are going to handle your Spanx

Up to now, the humanoid robotics industry has been all promises and pilots. While important in the eventual deployment of new technology, these programs involve a small number of robots and often don’t graduate into anything more meaningful. On Thursday, however, Agility announced that it has entered into a formal deal following a successful pilot […]

Andrew Ng plans to raise $120M for next AI Fund

AI bigshot Andrew Ng’s AI Fund, a startup incubator that backs small teams of experts looking to solve key problems using AI, plans to raise upwards of $120 million for its second tranche. A filing with the SEC shows that the AI Fund’s second fund, AI Venture Fund II, has so far amassed $69.75 million […]

VW taps Rivian in $5B EV deal and the fight over Fisker’s assets

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Am I the only one whose head is spinning from all of the transpo news this week? Reminder, it’s only Thursday morning. Let’s jump in! Oh wait, […]

FCC rule would make carriers unlock all phones after 60 days

The FCC wants to make it significantly easier for consumers to unlock their phones from their carriers, proposing that all devices must be unlockable just 60 days after purchase. How this will mesh with current plans and phone buying trends, however, is something the agency is hoping to learn before putting such a rule into […]

As battery startups fail, Sila snaps up $375M in new funding

Amid a fraught environment for battery startups, Sila has raised $375 million to finish construction of a U.S. factory that will scale its next-generation battery technology for customers like Mercedes-Benz and Panasonic by the end of 2025. Sila, formerly known as Sila Nanotechnologies, is slated to finish construction of its Moses Lake, Washington plant in […]

Startups scramble to assess fallout from Evolve Bank data breach

On Wednesday, Evolve Bank and Trust, a financial institution that’s popular with fintech startups, announced that it had been victim of a cyberattack and data breach that could have affected its partner companies as well.   The incident, according to the company’s statement, involved “the data and personal information of some Evolve retail bank customers and […]