Bloomberg Technology
Amazon-Backed Rivian in Talks for Texas Factory
Rivian Automotive, the electric-vehicle startup backed by Amazon.com, is in talks to invest at least $5 billion to build a factory near Fort Worth, Texas, according to a document obtained by Bloomberg News. Bloomberg’s Ed Ludlow has more on “Bloomberg Markets.” (Source: Bloomberg)
Bloomberg Technology
Bain Capital Ventures Bets $1.6 Billion on AI’s Next Act
Bain Capital Ventures has raised a $1.6 billion fund to back early-stage companies built for what it calls “life after AGI.” Partner Slater Stich discusses where the firm sees opportunities across AI infrastructure, software, robotics and science, why knowledge work could be transformed first, and how BCV identifies founders capable of building the next generation…
Bloomberg Technology
OpenAI, Anthropic Safety Talks Stir Startup Concerns
AI startups are growing concerned that calls from Anthropic and OpenAI to “pace” frontier development could lead to a new regulatory framework shaped by the industry’s biggest players. Bloomberg’s Natasha Mascarenhas and Maggie Eastland discuss the reaction from founders and investors and early talks among OpenAI, Anthropic and Google DeepMind on common safety standards. Also…
Bloomberg Technology
Meta CEO Weighs In on AI Safety Debate
Bloomberg’s Ed Ludlow breaks down Mark Zuckerberg’s call for AI labs to rely on independent evaluators and advisers to ensure models are safe. Plus, OpenAI is said to be in early talks with investors about a new funding round that could value the ChatGPT maker at more than $1.2 trillion, and Impulse Space CEO Tom…
iPhone 18 Pro Max is For the Camera Nerds
Bain Capital Ventures Bets $1.6 Billion on AI’s Next Act
OpenAI, Anthropic Safety Talks Stir Startup Concerns
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WitheringRiser
August 11, 2021 at 6:36 pm
First elon now bezos coming to texas
Mark Plott
August 11, 2021 at 11:49 pm
BOZO the Clown cant even get to ORBIT.
Ajinomoto
August 11, 2021 at 6:47 pm
Waiting for the “copy cat” tweet from elon.
thejeffinvade
August 11, 2021 at 6:55 pm
Jeff Bezos is really encroaching on Elon’s territory. Maybe Elon should invest in some Amazon competitors. Wait, there is none, never mind.
James Black
August 11, 2021 at 7:18 pm
Austin should be chosen
Balla jallow
August 11, 2021 at 8:04 pm
Walmart is Amazon’s competitor
thejeffinvade
August 11, 2021 at 8:08 pm
@Balla jallow I don’t think Waltons will sell or will issue new stocks.
Normalized Audio
August 11, 2021 at 7:00 pm
UAW has trouble in TX.
Mark Plott
August 11, 2021 at 11:50 pm
the BEST Union, is NO Union at all – ELON.
Kyle Hubb
August 11, 2021 at 9:21 pm
Copycats!
Mark Plott
August 11, 2021 at 11:49 pm
RIVIAN should FOCUS in Actually going into Production and Delivering Vehicles as Promised to Customers.