Smart-home device maker Wyze raises $110M as it plans to inject AI heavily into camera products

Smart-home device maker Wyze raises $110M as it plans to inject AI heavily into camera products

The Wyze Cam Outdoor from Wyze Labs. (Wyze photo) Smart home device maker Wyze Labs raised $ 110 million in new funds on Friday, according to GeekWire, reflecting the Kirkland, Washington, U.S.-based company’s plans to improve its existing line of products and bring even more to market bring forward. Wyze has launched more than 30 … Read more

Rivian reportedly plans to invest $5 billion in its second US assembly plant

Steve Dent

It was revealed last week that Rivian plans to build a second U.S. manufacturing facility for its electric vehicles and batteries, and more details have now been leaked. The company plans to initially invest $ 5 billion in the second facility called Project Tera, which Reuters says will begin construction in the fall of 2021. … Read more

China plans to build the first ‘clean’ commercial nuclear reactor

Jon Fingas

Are you intrigued by the possibility of using nuclear reactors to limit emissions, but worried about their water consumption and long-term safety? A solution may be imminent. LiveScience reports that China has outlined plans to build the first “clean” commercial nuclear reactor using liquid thorium and molten salt. The first prototype reactor should be ready … Read more

Virgin Galactic plans to send Richard Branson to space on July 11th

Mariella Moon

Sir Richard Branson could visit space before Jeff Bezos. Virgin Galactic has announced that it will open the flight window for SpaceShipTwo Unity’s next rocket-powered test flight on July 11th, more than a week before Blue Origin’s first tourist flight is scheduled to take off on July 20th with Bezos on board. The Unity 22 … Read more

Investors eat up Orbillion Bio’s plans for lab-grown wagyu beef, elk, and bison – TechCrunch

Investors eat up Orbillion Bio’s plans for lab-grown wagyu beef, elk, and bison – TechCrunch

Orbillion Bio’s plans to make high-end meat in a lab have investors lining up for a spot on the company’s cap table. Just weeks after launching Y Combinator’s famous accelerator program, the Silicon Valley-based prospect of premium lamb fillets, elk steaks, bison burgers and more raised $ 5 million in funding. The company is led … Read more

Semiconductor specialist Alphawave IP plans $4.5Bn London IPO and move to UK HQ – TechCrunch

Semiconductor specialist Alphawave IP plans $4.5Bn London IPO and move to UK HQ – TechCrunch

Alphawave IP is a global semiconductor IP company focused on the way semiconductors communicate. This will be crucial as 5G data networks are rolled out, for example powering everything from homes, industry and autonomous vehicles. It is interesting, therefore, to note that the Toronto-born company has plans to go public in London valued at $ … Read more

US plans to share vaccine – but not yet, White House says

FEMA Regional Administrator Gracie Szczech, center, takes Vice President Kamala Harris on a tour of the Jacksonville Community Vaccination Center in Florida, where Navy members prepare Pfizer vaccines on March 22nd.

The White House defended its first COVID-19 vaccination strategy in America this week. She described them as justified because of the terrible outbreak in the country and promised to exchange shots after the Americans were protected. World leaders and residents of other countries are increasingly critical of the United States and other wealthy nations for … Read more

Bungie’s growth plans: Destiny maker will expand Seattle-area HQ and release new IP by 2025

Bungie’s growth plans: Destiny maker will expand Seattle-area HQ and release new IP by 2025

Destiny 2: Beyond Light. (Bungie picture) Bungie, the Bellevue, Washington-based video game company behind popular online shooter Destiny 2, is preparing to take its business to the next level. Bungie announced plans on Thursday to open its first international studio in Amsterdam in 2022 and more than double the size of its US headquarters. It … Read more