Category: Industry News

Rivian Secures $6.6 Billion Loan to Power Georgia Factory Expansion

Rivian Secures $6.6 Billion Loan to Power Georgia Factory Expansion

supportJan 17, 2025

Rivian has secured a $6.6 billion loan from the Department of Energy (DOE) to build a new factory in Georgia for producing R2 SUVs, with…

Transforming AI Projects: Nord Security Founders Unveil Nexos.ai to Propel Enterprises from Pilot to Production

Transforming AI Projects: Nord Security Founders Unveil Nexos.ai to Propel Enterprises from Pilot to Production

supportJan 17, 2025

Nexos.ai, founded by Tomas Okmanas and Eimantas Sabaliauskas, creators of Nord Security, is an AI orchestration startup aimed at helping enterprises deploy AI initiatives. It…

Biden Administration Rejects Tesla's $100 Million Funding Request for Big Rig Charging Infrastructure - Again!

EV Startup Shines with $100M Funding Boost Amid Tesla’s Mixed Federal Funding Saga

supportJan 17, 2025

In this edition of TechCrunch Mobility, we highlight key developments from CES 2025, with a focus on advancements in autonomous vehicle technology. Notable news includes…

Trump Considers Deadline Extension as TikTok Ban Faces Delay: What You Need to Know

Trump Considers Deadline Extension as TikTok Ban Faces Delay: What You Need to Know

supportJan 17, 2025

The U.S. TikTok ban, initially set for January 19, faces potential delays as President-elect Donald Trump’s administration explores options to postpone it. Current officials indicate…

Goldman Sachs CEO David Solomon Urges Startups to Rethink IPO Strategies

Goldman Sachs CEO David Solomon Urges Startups to Rethink IPO Strategies

supportJan 17, 2025

Goldman Sachs CEO David Solomon recently advised startups at the Cisco AI Summit to reconsider going public, highlighting the challenges that come with being a…

Revolutionizing Neuroscience: MIT Spinout Develops Hair-Thin Fibers for Brain Integration

Revolutionizing Neuroscience: MIT Spinout Develops Hair-Thin Fibers for Brain Integration

supportJan 17, 2025

NeuroBionics, an MIT spinout, aims to transform the treatment of neurological disorders like depression and Parkinson’s disease through innovative neuromodulation therapy. The startup is developing…

Symbotic Revolutionizes Walmart's Robotics Business: A New Era of Automation

Symbotic Revolutionizes Walmart’s Robotics Business: A New Era of Automation

supportJan 17, 2025

Walmart and Symbotic have announced a strategic partnership aimed at revolutionizing warehouse automation within Walmart’s operations. Symbotic plans to acquire control of Walmart’s automation program…

Anduril Announces Plans for $1 Billion Weapons Megafactory in Ohio

Anduril Announces Plans for $1 Billion Weapons Megafactory in Ohio

supportJan 17, 2025

Anduril Industries announced the construction of its new weapons manufacturing facility, Arsenal-1, in Columbus, Ohio, investing nearly $1 billion. The 5 million square foot factory…

Netradyne Secures $90M Funding at $1.25B Valuation to Revolutionize Smart Dashcams for Commercial Fleets

Netradyne Secures $90M Funding at $1.25B Valuation to Revolutionize Smart Dashcams for Commercial Fleets

supportJan 17, 2025

Distracted driving is a leading cause of car accidents, prompting expected increases in auto insurance premiums by 2025. California-based startup Netradyne sees this as an…

Teal Health Secures $10M Funding for Innovative At-Home Cervical Cancer Screening Solutions

Teal Health Secures $10M Funding for Innovative At-Home Cervical Cancer Screening Solutions

supportJan 16, 2025

Teal Health, co-founded by Kara Egan and Dr. Avnesh Thakor in 2020, aims to transform cervical cancer screening by offering an at-home kit currently awaiting…