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Luminar was approved for sale despite a vague last-minute offer

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🔥 Discover this awesome post from TechCrunch 📖 📂 **Category**: Transportation,autonomous vehicles,Exclusive,Lidar,Luminar ✅ **What You’ll Learn**: Moments before a bankruptcy judge approved the sale of Luminar's lidar business, an anonymous party made a bid that apparently blew the $33 million lead bid. That presentation, which emerged before Tuesday's hearing, began a series of quick meetings between Luminar's remaining leadership team, its lawyers, the "Special Transactions Committee" formed to handle the bankruptcy, and eventually the company's entire board. While the offer was "significantly higher," there were "weaknesses" in the offer, according to Luminar's lawyers. The company ultimately decided to honor the…

ServiceNow has signed another AI partnership, this time with Anthropic

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✨ Explore this insightful post from TechCrunch 📖 📂 **Category**: AI,Enterprise,Anthropic,artificial intelligence,enterprise deals,OpenAI,ServiceNow 📌 **What You’ll Learn**: ServiceNow announced a deal with leading AI company Anthropic just one week after it announced a partnership with OpenAI. Enterprise workflow software company ServiceNow closed a multi-year deal with artificial intelligence research lab Anthropic on Wednesday. This partnership includes integrating more of Anthropic's AI models into its customers' ServiceNow platform and delivering Anthropic's AI to its employees. ServiceNow declined to clarify the duration of the partnership or the cash size of the deal. This deal entails making Anthropic's Claude model family the AI…

Tesla’s profits fall 46% in 2025

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✨ Check out this insightful post from TechCrunch 📖 📂 **Category**: Transportation,Elon Musk,Tesla 💡 **What You’ll Learn**: Tesla's profits fell 46% in 2025 from the previous year, as CEO Elon Musk took a role in the Trump administration and Congress eliminated federal subsidies for electric vehicles, causing sales to decline. The electric car company reported Wednesday that it posted just $3.8 billion in profits through 2025, its lowest figure in years. Total revenue from auto sales was down 11% year over year as well. Tesla has already revealed that it has shipped 1.63 million cars globally by 2025. This marks…

Elon Musk teases a new image rating system for X…we think?

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🔥 Discover this insightful post from TechCrunch 📖 📂 **Category**: AI,Apps,Social,social media,X 📌 **What You’ll Learn**: Elon Musk's X is the latest social network to roll out a feature to label edited photos as "manipulated media," if Elon Musk's post is to be believed. But the company did not explain how it would make this decision, or whether it would involve images edited using traditional tools, such as Adobe Photoshop. So far, the only details about the new feature come from a mysterious X post from Elon Musk that says, “Warning edited images,” while resharing an announcement of a new…

Tesla invests $2 billion in Elon Musk’s XAI

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🔥 Explore this awesome post from TechCrunch 📖 📂 **Category**: AI,Transportation,Elon Musk,Tesla,xAI ✅ **What You’ll Learn**: Three weeks ago, Elon Musk's artificial intelligence company, xAI, revealed that it had raised $20 billion in a Series E funding round. Now we know that Tesla is among its investors. Tesla revealed in a letter to shareholders on Wednesday that it has invested $2 billion in xAI, the startup behind the Grok chatbot that also owns Musk's social media company This is a truly circular deal and Tesla shareholders voted against it last year. In November, shareholders were asked, in a non-binding action,…

Microsoft took in $7.6 billion from OpenAI last quarter

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✨ Read this awesome post from TechCrunch 📖 📂 **Category**: Enterprise,Microsoft,OpenAI 📌 **What You’ll Learn**: The relationship between Microsoft and OpenAI may be very tense, but because OpenAI is seeing unprecedented revenue growth, Microsoft, one of its major investors, is benefiting greatly. When the software giant reported its latest quarterly earnings on Wednesday, it dropped this rather large nugget: Its net income rose by $7.6 billion from its investment in OpenAI. OpenAI reportedly has a 20% revenue sharing agreement with Microsoft (although neither company has ever confirmed this publicly). Bloomberg reported that the software giant has invested more than $13…

Trump’s Energy Department eases nuclear safety rules

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💥 Read this must-read post from TechCrunch 📖 📂 **Category**: Climate,Government & Policy,Department of Energy,In Brief,nuclear fission,nuclear power,Trump Administration 📌 **What You’ll Learn**: Over the past few months, nuclear energy startups have raised significant amounts of money — more than $1 billion so far. Data centers and their thirst for electricity were one of the driving forces. But recent changes in federal nuclear safety policies could serve as another accelerant that helps pave the way for rapid reactor development at a potential cost to human health and the environment. The Trump administration has quietly changed the way the Department of…

Meta spent $19 billion on VR last year, and 2026 won’t be any better

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💥 Check out this trending post from TechCrunch 📖 📂 **Category**: Social,Mark Zuckerberg,Meta,metaverse,reality labs,VR 📌 **What You’ll Learn**: Earlier this month, Meta laid off 10% of the staff at Reality Labs, its virtual reality unit, laying off up to 1,000 employees. Now, in a development that appears directly related, the company has revealed that the unit lost several billion dollars last year. On Wednesday, Meta's earnings report showed that its beleaguered VR business lost about $19.1 billion in 2025, slightly more than it lost in 2024 (that year, losses hovered around $17.7 billion). The report showed that the unit recorded…

Zuckerberg teases proxy trading tools and major AI rollout in 2026

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🚀 Explore this awesome post from TechCrunch 📖 📂 **Category**: AI,agentic commerce,earnings,Mark Zuckerberg,Meta ✅ **What You’ll Learn**: Mark Zuckerberg says Meta users will start seeing new AI models and products from the company within months. “In 2025, we rebuilt the foundations of our AI program,” Zuckerberg said on a call with investors on Wednesday, referring to the recently restructured AI lab. “Over the coming months, we will begin shipping our new models and products... and I expect us to steadily push the boundaries throughout the new year.” But although Zuckerberg did not provide timelines or specific products, he did highlight…

Mark Zuckerberg says a future without smart glasses is ‘hard to imagine’

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💥 Check out this awesome post from TechCrunch 📖 📂 **Category**: AI,Gadgets,Mark Zuckerberg,Meta,SMART Glasses 💡 **What You’ll Learn**: Mark Zuckerberg talked about his ambitions for Meta's AI-powered smart glasses business during Meta's Q4 2025 earnings call on Wednesday. After shifting its investment in Reality Labs away from the Metaverse, Meta is doubling its production of wearable AI devices, as well as its own AI models. “Billions of people wear glasses or contact lenses to correct vision,” Zuckerberg said. “I think we're in a similar moment to when smartphones arrived, and obviously it was only a matter of time until all…