Emerging Tech – SiliconANGLE

Google joins forces with HTC Vive to boost Android XR Development

Kyt Dotson — Thu, 23 Jan 2025 19:45:37 +0000

Google LLC announced today that it’s acquiring parts of HTC Corp. Vive’s engineering team to accelerate the development of its new Android XR operating system for virtual reality and extended reality headsets. The new OS, which Google developed in partnership with Samsung Electronics Co. Ltd. and Qualcomm Technologies Inc., represents a new operating system for […]

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Meta reportedly developing Oakley smart glasses and high-end devices

Duncan Riley — Tue, 21 Jan 2025 23:42:57 +0000

Meta Platforms Inc. is reportedly developing Oakley-branded smart glasses for athletes and is also exploring new wearable devices. According to Mark Gurman at Bloomberg, along with Oakley-branded smart glasses, Meta’s devices group, Reality Labs, is also planning to release new high-end glasses with a built-in display late this year. Also on the development list are […]

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Blue Origin flies its New Glenn rocket to orbit with satellite deployment system aboard

Maria Deutscher — Thu, 16 Jan 2025 20:09:17 +0000

Blue Origin Enterprises LP, Jeff Bezos’ aerospace company, today conducted the first successful flight of its New Glenn rocket. The heavy-lift vehicle includes a reusable booster designed for up to 25 launches. Blue Origin will use future New Glenn rockets to deploy satellites for Amazon.com Inc. and other private sector customers, as well as help […]

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With $20M in funding, Quantum Brilliance wants to build a diamond-encased mobile quantum computer

Mike Wheatley — Wed, 15 Jan 2025 11:00:37 +0000

Quantum Brilliance GmbH said today it’s ready to begin mass production of its diamond-based quantum computers after closing on a $20 million early-stage round of funding. Today’s Series A round was led by the deep-technology fund Main Sequence, the U.S. venture capital firm In-Q-Tel and the Japanese investor Intervalley Ventures. Other participants include the Australian […]

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Xocean raises $119M to expand ocean data platform

Kyt Dotson — Thu, 09 Jan 2025 17:30:40 +0000

Xocean, which provides ocean data services for offshore energy and civil hydrography industries, today announced it has raised €115 million, about $119 million, in new funding to drive the company’s expansion across the globe. Founded in Ireland in 2017, Xocean uses a fleet of unmanned, remotely operated watercraft known as “uncrewed surface vessels” to scan […]

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NXP snaps up TTTech Auto for $625M to accelerate autonomous vehicle safety

Mike Wheatley — Tue, 07 Jan 2025 23:44:35 +0000

NXP Semiconductors N.V. said today it has entered into an agreement to buy an Austrian startup called TTTech Auto AG, which builds software systems to ensure the safety of autonomous vehicles, for $625 million in cash. TTTech Auto was spun out of TTTech Group in 2018 when it raised $78 million in funding from backers […]

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AI dominates global venture funding as other sectors faced challenges in Q4

Duncan Riley — Tue, 07 Jan 2025 05:01:41 +0000

The venture capital market saw mixed results in the fourth quarter of 2024, with artificial intelligence dominating funding globally, while other sectors faced declining activity. That’s according to a first look at the quarterly PitchBook-NVCA Venture Monitor report released early Tuesday. Starting with the U.S., dealmaking remained relatively robust through 2024 from a counting perspective and saw […]

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Qualcomm unveils on-premises AI, IoT and smart home innovations at CES

Duncan Riley — Mon, 06 Jan 2025 16:00:13 +0000

Qualcomm Technologies Inc. today unveiled a number of advancements across artificial intelligence, the internet of things, and smart home ecosystems that enhance privacy, scalability and user experiences through a variety of means: edge processing, on-premises AI solutions and seamless device interoperability. Leading the list of announcements at the CES consumer electronics show is the launch […]

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Swave raises €27M to develop displays for AR glasses

Maria Deutscher — Fri, 03 Jan 2025 20:15:54 +0000

Swave Photonics NV, a Belgian startup developing displays for augmented reality glasses, today announced that it has secured €27 million in early-stage funding. The Series A round was jointly led by SFPIM Relaunch and imec.xpand, a fund affiliated with the IMEC nanotechnology research lab. Swave spun out of IMEC in 2022. The investment also included […]

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Apple reportedly ceases Vision Pro production amid sluggish sales

Duncan Riley — Thu, 02 Jan 2025 00:39:47 +0000

Apple Inc. may have ceased production of its first-generation Vision Pro headset after the product, which came to market in 2024, turned out to be a massive flop for the company. Today’s claim comes from MacRumors, which cited reports in October that Apple had abruptly reduced production of the headset ahead of potential plans to […]

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Tesla Cybertruck explosion outside Trump Hotel leaves one dead, FBI investigates possible terrorism

Duncan Riley — Wed, 01 Jan 2025 23:53:23 +0000

One person has died and seven others were injured when a Tesla Inc. Cybertruck exploded outside of the Trump International Hotel in Las Vegas in what may have been a targeted attack. According to local media reports, the Cybertruck exploded at about 8:40 a.m. this morning in the valet area of the Trump-owned hotel. The […]

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Qolab raises $16M to advance practical superconducting quantum computing

Kyt Dotson — Tue, 31 Dec 2024 18:35:22 +0000

Qolab Inc., a quantum computing company, said on Monday it has raised more than $16 million in early-stage funding in what the company says is a significant step in its mission to develop utility-scale quantum computing technology. The company raised the funds in a Series A round led by Octave Ventures with participation from the […]

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Samsung invests $180M+ in Rainbow Robotics to become largest shareholder

Kyt Dotson — Tue, 31 Dec 2024 17:05:00 +0000

Samsung Electronics Co. Ltd. announced today that it will become the largest shareholder in Rainbow Robotics Inc., a South Korean robot maker, by increasing its stake in the company to 35% by spending more than 267 billion won, or about $181 billion. Samsung said it planned to use its investment in Rainbow Robotics to strengthen its […]

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Johns Hopkins and Stanford robots learn surgery by watching videos

Duncan Riley — Mon, 30 Dec 2024 23:52:01 +0000

Researchers from Johns Hopkins University and Stanford University have revealed details of how they are training robots with videos to perform surgical tasks with the skill of human doctors, in what could be a significant step forward in medical robotics. Robotics in surgery is not new, with various use cases over a number of years. […]

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Report: Palantir and Anduril join forces to try to secure US government defense contracts

Mike Wheatley — Sun, 22 Dec 2024 23:35:29 +0000

The data analytics company Palantir Technologies Inc. reportedly is holding talks with the defense industry tech startup Anduril Industries Inc. on the creation of an alliance to win more work from the U.S. government. According to the Financial Times, Palantir’s and Anduril’s consortium may also include companies such as SpaceX Corp. and OpenAI, as well as […]

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BlueQubit raises $10M to provide quantum computing access to enterprises

Kyt Dotson — Fri, 20 Dec 2024 18:15:41 +0000

BlueQubit Inc., a San Francisco-based quantum software startup, announced Thursday it has raised $10 million in seed funding to expand its platform and bridge the gap between the technology and real-world applications. Nyca Partners led the round with participation from Restive, Chaac Ventures, Presto Tech Horizons, NKM Capital and BigStory VC. Founded by Stanford alumni […]

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Smart ring startup Oura nabs $200M at $5.2B valuation

Kyt Dotson — Thu, 19 Dec 2024 17:20:45 +0000

Oura Health Oy, the maker of health-tracking smart device Oura Ring, said today it has raised $200 million in a new late-stage funding, doubling its valuation since 2022 to $5.2 billion. Fidelity Management & Research Co. and DexCom Inc., a global leader in the development of glucose monitoring sensors, participated in the Series D round. […]

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The robots are coming! And Nvidia is going to power them with a revamped Jetson and lower price

Zeus Kerravala — Wed, 18 Dec 2024 16:00:53 +0000

‘Tis the season to ponder what to get that someone in your life who has everything. If you haven’t finished your Christmas shopping and have $249 to spend for a piece of technology about four inches wide, three-and-a-half inches high, and 1.3 inches thick, then Nvidia Corp. has the perfect gift. The tech giant introduced […]

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PitchBook: Private equity funding faces first decline in five years amid maturity pressures

Duncan Riley — Wed, 18 Dec 2024 05:01:20 +0000

The private equity market may see its first significant slowdown in fundraising activity in five years, according to the annual 2025 US Private Equity Outlook report published by PitchBook Data Inc. early Tuesday. The rather glum outlook is forecast due to contributing factors, including longer fundraising timelines, declining dry powder reserves and fewer megafunds expected […]

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Engineered Arts restructures in US and secures $10M to scale up humanoid robots

Duncan Riley and Paul Gillin — Tue, 17 Dec 2024 14:00:05 +0000

Engineered Arts Ltd. thinks everyone should be friends with a robot, and it has just raised $10 million to help make that a reality. The U.K.-founded humanoid robotics startup today announced that it has restructured as a U.S. entity and raised $10 million in a Series A funding round to accelerate product refinement, manufacturing readiness, […]

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Apple reportedly developing giant foldable iPad for 2028 launch

Duncan Riley — Sun, 15 Dec 2024 22:50:42 +0000

Apple Inc. is reportedly developing a giant foldable iPad that could come to market around 2028, according to the latest reports of the iPhone maker exploring foldable devices as the technology matures in Android products. The latest claim comes from the usually reliable Apple analyst Mark Gurman at Bloomberg, who claims that Apple is developing […]

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Archer Aviation raises $430M, partners with Anduril to develop military aircraft

Maria Deutscher — Thu, 12 Dec 2024 23:26:58 +0000

Archer Aviation Inc., a flying taxi manufacturer, today announced that it has raised $430 million in funding to develop a military aircraft. The company also detailed a partnership with Anduril Industries Inc., another well-funded startup active in the defense sector. The collaboration will reportedly focus on Anduril’s artificial intelligence software. Santa Clara, California-based Archer is […]

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Google debuts Android XR operating system for VR and AR devices

Maria Deutscher — Thu, 12 Dec 2024 22:00:25 +0000

Google LLC today debuted Android XR, a new operating system for virtual reality and augmented devices. The software will initially ship with headsets. Down the road, Google will also enable hardware partners to integrate Android XR into smart glasses. The search giant has already developed several prototype glasses internally as part of an initiative called […]

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AI robotics inspection outfit ANYbotics raises $60M to drive expansion

Kyt Dotson — Thu, 12 Dec 2024 09:00:43 +0000

Artificial intelligence-driven robotic inspection solution firm ANYbotics today announced it has raised $60 million to scale up its operations in the United States and globally. ANYbotics builds and develops a specialized autonomous, AI-driven four-legged industrial inspection robot the company calls the ANYmal. Sized and shaped somewhat like a large dog, the robot can maneuver through […]

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General Motors ends Cruise robotaxi business in strategic industry exit

Duncan Riley — Wed, 11 Dec 2024 00:50:27 +0000

General Motors Co. announced today that its Cruise self-driving car unit is exiting the robotaxi business as part of a realignment of the company’s autonomous driving strategy. Under the realignment, GM said, it will use Cruise technology to prioritize the development of advanced drive assistance systems on a path to fully autonomous personal vehicles. The […]

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DNA-based data storage company Biomemory raises $18M

Kyt Dotson — Tue, 10 Dec 2024 07:00:16 +0000

Biomemory SAS, a company that focuses on developing DNA-based data storage devices, today announced it has raised $18 million in an early-stage funding to complete the development of the first generation of its storage appliance for use in data centers. The Series A round was led by Crédit Mutuel Innovation and was joined by an existing investor […]

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Google debuts next-gen quantum computing chip with breakthrough error correction

Kyt Dotson — Mon, 09 Dec 2024 16:00:45 +0000

Google LLC today debuted Willow, its latest state-of-the-art quantum computing chip with novel capabilities that the company says solves a key challenge with error correction at large scale. Quantum computers are important because they have the potential to solve complex problems that could be impossible for classical computing to perform. In the near term, they […]

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Waymo’s driverless taxis are coming to Miami

James Farrell — Fri, 06 Dec 2024 02:02:01 +0000

Alphabet Inc.-owned Waymo LLC announced today that its continued expansion of robotaxi services into U.S. cities will now include Miami, Florida, where it will set up shop in 2026. The fleet of driverless taxis will take to the streets first in 2025 with a human test driver at the wheel, after which the full driverless […]

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Akhetonics nabs €6M to build a general-purpose optical processor

Maria Deutscher — Thu, 28 Nov 2024 23:31:02 +0000

Startup Akhetonics GmbH has raised €6 million in funding for its optical chip technology, which can perform digital, analog and quantum computations in the same system. TechCrunch reported the investment today. The deal, which is described as a seed funding round, was led by Matterwave Ventures. It follows a €2.3 million raise in July. Standard […]

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Pony AI raises $413M in Nasdaq IPO as shares close below initial listing price

Duncan Riley — Wed, 27 Nov 2024 23:23:52 +0000

Shares in Pony AI ADR closed down $1 today after the Chinese autonomous vehicle startup raised $413 million in an initial public offering that debuted on the Nasdaq stock exchange earlier today. In the IPO, Pony AI offered 20 million American depository shares, each representing one Class A ordinary share of the company, at $13 […]

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