Shield AI, a San Diego, CA-based defense technology company building AI pilots for aircraft, raised $165M in Series E funding increasing the valuation to $2.3 billion.This includes $90 million in equity, and $75 million in debt as part of a Series E fundraising round. The round was led by Snowpoint Ventures’ Doug Philippone, with participation from Riot Ventures, Disruptive, Homebrew, Point72,...

The number comes from National Highway Traffic Safety Administration data obtained from automakers between July last year and May 15.Automakers reported nearly 400 crashes of vehicles with partially automated driver-assist systems, including 273 involving Teslas, according to statistics released by U.S. safety regulators on Wednesday.The National Highway Traffic Safety Administration cautioned...

If you already own an electric car, you probably know the headache of finding a charging station while you’re out and about. Well, EV Safe Charge wants to make it easier with ZiGGY—a robotic mobile EV charging platform that drives to you. Unlike static charging stations, ZiGGY can move to a specific car parking space and it will even save your spot until you get there. All you need to do is d...

Surging demand for zero-carbon technologies, materials, and services gives companies opportunities to build new green businesses. Leaders that move quickly could see exponential growth.Getting to net zero will require tremendous, rapid change and large-scale technology deployment across industries. The transition will create massive opportunities to build entirely new businesses.A recent McKins...

An apparently tie-dye-clad Pizzaiola robot sets about making a pizza. Opening a pizzeria could soon be as simple as leasing a small business space, then sticking a robot in there. That's the idea behind the Pizzaiola system, which takes human cooks and other kitchen staff out of the equation.Manufactured by Illinois-based Nala Robotics, Pizzaiola is essentially a 12 x 12-foot (3.7 x 3.7-m) self...

Jing Daily’s monthly China Collabs column looks at gaming and beauty partnerships, including local cosmetic brand OSM’s team-up with Honor of Kings.Jing Daily’s monthly Chinese Collabs column looks at the China-related collaborations and drops that are transforming the retail landscape. From local fashion brands to C-beauty, virtual idols to NFTs, and KOLS to lifestyle and games, it offers a...

Despite some skepticism, our recent insights show that Americans of all ages are ready to embrace the metaverse.The metaverse—like many innovations—is shrouded in mysticism and skepticism. Proponents believe that the metaverse will be revolutionary and fully transform the way we work, shop, socialize, and play. Others are more skeptical and see a hype-fueled fad that appeals to gamers and cel...

British manufacturer Dyson has announced that it is "supercharging its robotics ambitions" by developing home robots and building the UK's largest robotics research centre.The research and technology company, which is best known for its vacuum cleaners, recently released a video and accompanying images of its robots carrying out domestic tasks such as cleaning, hoovering and tidying."Dyson is s...

Hybe sinks by record in Seoul on its flagship band’s new plan. Stock is headed for all-time low since trading debut in 2020.Shares of Hybe Co., the agency that manages the South Korean pop phenomenon known as BTS, plunged by a record after the band said they’ll focus on individual projects for a little while.Hybe sank as much as 27% on Wednesday in Seoul, headed for its lowest close on record...