Ford

Ford's stock jumped as much as 25% over two days after the launch of Ford Energy, a subsidiary offering battery storage capacity using CATL tech to data centers

Ford stock jumped as much as 25% in two days after the launch of Ford Energy, a new subsidiary providing battery storage capacity to AI data centers

New subsidiary pivots to energy storage batteries for AI after disastrous electric vehicle writedown  —  Shares in Detroit auto giant Ford surged …

Sources: Mira Murati's Thinking Machines Lab is in talks with potential investors to raise about $5B and is aiming for a valuation of at least $50B

Thinking Machines Lab, the artificial intelligence developer co-founded by ex-OpenAI Chief Technology Officer Mira Murati … Bluesky: @drewharwell.com . Threads: @carnage4life Bluesky: Drew Harwell / @...

San Diego-based marketing automation service Soci, used by Ace Hardware, Ford, and others, raised $120M in equity and debt, bringing its total funding to ~$238M

Kyle Wiggers / TechCrunch :

Gravity Sketch, a service for collaborating on 3D object design, raises a $33M Series A and says it has 100K+ users, with Ford and Adidas among customers

Gravity Sketch, a service for collaborating on 3D object design, raises a $33M Series A and says it has 100K+ users, with Ford and Adidas among customers

Ingrid Lunden / TechCrunch :

Ford will increase its investment in autonomous vehicles to ~$7B over 10 years through 2025, $5B of that from 2021 onward, as part of its Ford Mobility efforts

Andrew J. Hawkins / The Verge :

Ford's e-scooter rental startup Spin to launch in eight more cities in August, bringing it to 47 US markets in total, and wants to launch in 100 cities by 2020

Kyle Wiggers / VentureBeat :

Carbon, a 3D-printing platform used by Ford, Adidas, and others, says it has raised $260M at a $2.4B valuation, following its 2017 Series D at a $1.7B valuation

Paul Sawers / VentureBeat :

Valet startup Zirx relaunches as Stratim, a fleet management software service for GM's Maven, Ford's Chariot, and others

Megan Rose Dickey / TechCrunch :