Google in Talks to Invest $200 Million Into AI Startup

Google in Talks to Invest 0 Million Into AI Startup

Alphabet Inc.’s GOOG 0.94% Google is in talks to invest at least $200 million into artificial intelligence startup Cohere Inc., according to people familiar with the matter, another sign of the escalating arms race among large technology companies in the sector.  Founded in 2019, Cohere creates natural language processing software that developers can then use … Read more

Elon Musk Unveils Prototype of Humanoid Robot Optimus, Says It Will Cost Less Than a Car

Elon Musk Unveils Prototype of Humanoid Robot Optimus, Says It Will Cost Less Than a Car

Mr. Musk first laid out the vision for the robot, called Optimus, a little more than a year ago at Tesla’s first-ever AI day. At the time, a dancer in a costume appeared onstage. This time, Mr. Musk presented a prototype at the gathering that unfolded late Friday in Palo Alto, Calif. The early prototype, … Read more

Upstart outlook comes up short, but CEO says he’s ‘confident’ in value of AI lending

Upstart outlook comes up short, but CEO says he’s ‘confident’ in value of AI lending

Upstart Holdings Inc. delivered a lower-than-expected revenue forecast for the current quarter, but its chief executive expressed confidence in the performance and value of artificial-intelligence-driven lending. Since Upstart UPST, +9.02% offered preliminary second-quarter results a month ago that fell shy of expectations, the key issue headed into the company’s official earnings report was its outlook. … Read more

Blade Strikes New York Partnership With JetBlue

Blade Strikes New York Partnership With JetBlue

By Will Feuer Blade Air Mobility Inc. has struck a partnership with JetBlue Airways Corp. to integrate Blade’s airport service into JetBlue’s TrueBlue loyalty program through 2023. Blade, which provides air transportation alternatives for heavily trafficked ground routes, said it will add an additional route of continuous daily service between its lounge at East 34th … Read more