Wayve, a U.K.-born startup developing a self-learning rather than rule-based system for autonomous driving, has closed $1.05 billion in Series C funding led by SoftBank Group. This is the U.K.’s largest AI fundraise ever and sits among the top 20 AI fundraises globally to date. Also participating in the raise was Nvidia and existing investor Microsoft....

It’s the most chronically online rap battle the world has ever seen. © 2024 TechCrunch. All rights reserved. For personal use only.

This week, we've got some very cool news from Hubble Networks, which became the first company in history to connect a Bluetooth chip to a satellite. The startup has stayed relatively low-profile, but with this tech validation they're looking to expand -- and connect possibly billions of Bluetooth-enabled devices. © 2024 TechCrunch. All rights reserved....

Days before the Met Gala, New York’s young and techish partied at The Net Gala. © 2024 TechCrunch. All rights reserved. For personal use only.

Lucid Motors’ senior vice president of digital Mike Bell has resigned from his position. The company said in a filing Monday that the longtime Apple and Intel executive’s resignation is “effective immediately, in order to pursue other opportunities.” Lucid says Bell will serve in an advisory role through mid-August to help “transition” his duties at...

With U.S. regulators continuing to ramp up scrutiny, crypto startups and founders are looking to Hong Kong to support their growth. © 2024 TechCrunch. All rights reserved. For personal use only.