The Trump Mobile T1 was supposed to be made in America. It’s a Taiwanese phone with a gold coat.
The Trump Mobile T1 was supposed to be made in America. It’s a Taiwanese phone with a gold coat.

The Trump Mobile T1 is here, and it is not what was promised. When Donald Trump’s eldest sons unveiled it at Trump Tower a year ago, the pitch was a gold-coloured handset with an iPhone resemblance, proudly made in the US. What shipped is a rebranded H…

Half of Americans now use AI chatbots, but 40% think AI will make society worse and two-thirds don’t trust the government to regulate it
Half of Americans now use AI chatbots, but 40% think AI will make society worse and two-thirds don’t trust the government to regulate it

Half of American adults now use AI chatbots, but a plurality believe the technology will ultimately damage society, and overwhelming majorities have lost confidence that either the government or the companies building it will manage it responsibly. A n…

Arcade raised $60M to fix the real wall blocking enterprise AI agents: what they’re allowed to do
Arcade raised $60M to fix the real wall blocking enterprise AI agents: what they’re allowed to do

The problem with letting an AI agent loose inside a company is not that it might forget who it is. It is that it has no reason to hold back. A human employee is restrained by the fear of being fired. An agent, as one investor in Arcade.dev put it, “wil…

The bottleneck in geothermal moved from the drill to the turbine. This SpaceX alum raised $22M to fix it
The bottleneck in geothermal moved from the drill to the turbine. This SpaceX alum raised $22M to fix it

The race to power artificial intelligence has a problem that solar panels and wind turbines cannot fix on their own: the electricity has to be there at 3am, in still air, under cloud. Critical Energy, a Los Angeles startup founded by a former SpaceX en…

a16z is betting $38M that you want an AI ‘teammate’, not another agent
a16z is betting $38M that you want an AI ‘teammate’, not another agent

The word “agent” is everywhere in enterprise software right now, which is exactly why Convey does not want to use it. The startup has raised a $38mn Series A led by Andreessen Horowitz, with Khosla Ventures and Pear VC joining. Its pitch is a deliberat…

The US is paying an AI startup $500M to break China’s grip on chip materials
The US is paying an AI startup $500M to break China’s grip on chip materials

The US government has just become a shareholder in an AI startup, in exchange for a bet that artificial intelligence can break China’s hold on the materials inside every chip factory. The Department of Commerce has awarded SandboxAQ $500mn under the CH…

Neuralink finally has a real rival: Paradromics just put a brain chip in its first patient
Neuralink finally has a real rival: Paradromics just put a brain chip in its first patient

Neuralink has dominated the brain-chip story for two years. It now has a serious challenger with a patient of its own. Paradromics, an Austin neurotech firm, has implanted its Connexus brain-computer interface in the first participant of its FDA-approv…

A startup that builds offensive cyber weapons just became a $1bn unicorn
A startup that builds offensive cyber weapons just became a $1bn unicorn

Most cybersecurity startups sell shields. Twenty sells the sword, and investors just valued that at $1bn. The company, which describes itself as America’s first venture-backed cyber warfare firm, has raised a $100mn Series B led by Accel, Axios reporte…

Odyssey took Nvidia’s money. Now it’s raised $310M betting on Amazon and AMD
Odyssey took Nvidia’s money. Now it’s raised $310M betting on Amazon and AMD

Odyssey, an AI lab building real-time ‘world models’, has raised $310mn at a $1.45bn valuation. The more telling number is whose names are on the round. The Series B was led by Natural Capital, with Amazon, AMD Ventures, Google’s GV, EQT and the CIA-li…

The tokenmaxxing era is over. Now companies are ‘tokenminimizing’
The tokenmaxxing era is over. Now companies are ‘tokenminimizing’

A year ago, the smart move inside a big company was to use as much AI as humanly possible. Some firms even ranked employees on leaderboards by how many tokens they burned, a status game that earned its own name: tokenmaxxing. That era is ending. The sa…