Perplexity launches $50M seed and pre-seed VC fund

Perplexity, the developer of an AI-powered search engine, is raising a $50 million seed and pre-seed investment fund, CNBC reported. Although the majority of the capital is coming from limited partners, Perplexity is using some of the capital it raised for the company’s growth to anchor the fund.  Perplexity has reportedly raised $500 million at […]

Read more

Apple shareholders vote down anti-DEI proposal

Apple shareholders rejected an anti-DEI proposal at its investor meeting Tuesday. The proposal was brought by a conservative group called the National Center for Public Policy Research (NPPR). It asked Apple to end its DEI activities. Boards typically ask shareholders to reject shareholder proposals, and this was one of four such shareholder proposals. This proposal […]

Read more

OpenAI rolls out deep research to paying ChatGPT users

OpenAI announced on Tuesday that it’s rolling out deep research, its web browsing agent that creates thorough research reports, to all paying ChatGPT users. ChatGPT Plus, Team, Enterprise, and Edu subscribers will get 10 deep research queries per month. OpenAI’s Deep research was previously only available to ChatGPT Pro users, the company’s $200-a-month tier; they […]

Read more

Apptronik’s humanoid robots take the first steps toward building themselves

Apptronik, an Austin-based maker of humanoid robots, on Tuesday announced a new pilot partnership with American supply chain/manufacturing stalwart, Jabil. The deal arrives two weeks after Apptronik announced a $350 million Series A financing round aimed at scaling up production of its Apollo robot. The Jabil deal is the second major pilot announced by Apptronik. […]

Read more

Lucid Motors CEO Peter Rawlinson steps down

Lucid Motors is changing CEOs for the first time in nearly six years. The company announced Tuesday that Peter Rawlinson is stepping down from the CEO and CTO roles that he’s held since before the company went public. Lucid appointed its chief operating officer Marc Winterhoff as its interim CEO. Rawlinson will serve as “strategic […]

Read more