Zoox has shown its safety workings, three weeks after recalling every robotaxi it owns
Zoox has shown its safety workings, three weeks after recalling every robotaxi it owns

Zoox has published the reasoning behind its claim to be safer than human drivers. Everything reduces to one number, the predicted rate of collision, injury and fatality events, expressed as miles per event. Risk from driving software, from the vehicle …

Joshua Kushner’s Thrive Capital Discloses $215 Million Amazon Stake
Joshua Kushner’s Thrive Capital Discloses $215 Million Amazon Stake

Joshua Kushner’s Thrive Capital has bought roughly $215mn of Amazon shares, disclosed in a regulatory filing on Friday. It lands in the same week the firm told investors it is selling part of its OpenAI stake, in a company Amazon now owns close to 5% o…

Canva’s backers cut $7.1bn from its valuation, and its own valuer cut more
Canva’s backers cut $7.1bn from its valuation, and its own valuer cut more

Emma Rapaport and Paul Smith reported the markdown for the Australian Financial Review on 14 August. The figure appears two ways and both are correct. It is $7.1bn in US dollars, and A$10bn, which is the number most headlines carried. The cut takes Bla…

SpaceX has closed its $60bn Cursor deal, and Cursor was buying a company the day before
SpaceX has closed its $60bn Cursor deal, and Cursor was buying a company the day before

SpaceX confirmed completion in a regulatory filing. Bloomberg’s Carmen Arroyo and Natasha Mascarenhas reported the close. The desk covered the binding agreement in June, when SpaceX filed an 8-K and said it expected to complete in the third quarter, su…

Arm’s co-founder says AI will create more value than any revolution before it, and be a rollercoaster
Arm’s co-founder says AI will create more value than any revolution before it, and be a rollercoaster

Hauser sat down with CNBC’s The Tech Download podcast this month. Arjun Kharpal and Kai Nicol-Schwarz published the write-up on 14 August. His track record is the reason to listen. He co-founded Acorn Computers in 1978, helped create Arm, and now backs…

Members-Only Event: How To Future-Proof Your Career In The Age Of AI

Artificial intelligence is reshaping the workplace—but not always in the ways people think. What does that mean for your career? Join Forbes expert journalists and leading workplace experts Thursday, August 27th at 12pm ET for a live conversation with …

Five of Europe’s biggest companies just bought compute Mistral has not built
Five of Europe’s biggest companies just bought compute Mistral has not built

Mistral set out the plan on 11 August. Its own announcement covers three things at once. Regional endpoints are now generally available, letting customers pick Europe or the US for inference. A Priority Tier in public preview adds custom rate limits an…

Reddit is joining the S&P 500 with its stock down 31% this year
Reddit is joining the S&P 500 with its stock down 31% this year

The index provider announced the change on 13 August, in a release issued at 18:12 in New York. Reddit enters under the Communication Services sector. It trades on the New York Stock Exchange as RDDT. A second change follows two days later. Sun Communi…

Apple wants to pay publishers per use, not per year, to give Siri the news
Apple wants to pay publishers per use, not per year, to give Siri the news

Alexandra Bruell reported the talks for the Wall Street Journal on 12 August, citing people familiar with the matter. Apple has approached publishers over recent months. The content would give Siri AI access to current news and information, the kind th…

Flock Safety cuts data retention to seven days after dozens of police abuse cases
Flock Safety cuts data retention to seven days after dozens of police abuse cases

Garrett Langley, the company’s chief executive, set out the package in a post on Flock’s own blog on 13 August. It covers six areas. Privacy, accountability, data ownership, data security, data accuracy and transparency. Most of the Flock Safety privac…