AI chip designer Moffett AI raises ‘tens of millions of dollars’ in Series A round

China’s call to foster semiconductor independence has sent investors chasing after chip startups of all sorts. Moffett AI, a Shenzhen-based chip design company, has received a fresh Series A injection. The company did not disclose the exact amount, only saying that the proceeds were in the “several tens of millions of dollars.” The round was […]

China’s robotaxis charged ahead in 2021

Autonomous driving startups in China are in an arms race to put passengers in their machine-driven vehicles. Every few weeks, news arrives that another major player has got the greenlight to launch a new pilot program or a small-scale service. These press releases, often dotted with regulatory jargon and flowery language to aggrandize the companies’ […]

Fortnite is coming back to iOS, but not on the App Store

Fortnite is back on iOS — well, kind of. Through Nvidia’s streaming game service GeForce Now, mobile users on iOS and Android will be able to play a touch-control version of Fortnite through cloud gaming. Players can now register to join the closed beta test for Fortnite’s new mobile work-around — you don’t need to […]

Ad exchange OpenX slapped with FTC fine for collecting location data on children

OpenX, an advertising tech company, will pay $2 million to the U.S. Federal Trade Commission to settle allegations that the company violated federal children’s privacy law. In a complaint filed in the U.S. District Court for the Central District of California, the FTC alleges that OpenX violated the Children’s Online Privacy Protection Act (COPPA) by […]

Autonomous driving startup Deeproute.ai prices L4 solution at $10,000

Deeproute.ai, an autonomous vehicle startup with offices in Shenzhen and Fremont, California, unveiled an ambitious self-driving solution on Wednesday. The package, named DeepRoute-Driver 2.0, is a production-ready Level 4 system that costs approximately $10,000. The price tag is incredible given the hardware used: five solid-state lidar sensors, eight cameras, a proprietary computing system, and an […]

Uber to shutter most of its service in Belgium tomorrow after court ruling

Uber will halt its ride-hailing service in most of Belgium tomorrow following a court ruling Wednesday that extends a 2015 order banning its p2p UberPop service to also cover professional drivers providing its ride-hailing service. Uber told us that it is studying the detail of the ruling to decide whether to appeal the decision with […]

Theranos founder Elizabeth Holmes testifies in her own criminal trial

One of the biggest mysteries in former Theranos founder and CEO Elizabeth Holmes’ high-profile fraud trial was whether or not she would testify. So it was a shock late Friday afternoon when the Stanford dropout took the stand, eleven weeks after the trial began. Now that the prosecution has rested its case — questioning witnesses […]