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 :
Sources: Ford paid more than $65M for Chariot, a Bay Area shuttle startup that had raised $3M in funding previously
Business Insider : Thanks: @mattrosoff
Civil Maps, a startup that uses AI software to convert data from sensors on self-driving cars into detailed 3D maps, raises $6.6M seed from Ford and others
Automaker is among participants in $6.6 million seed funding — Civil Maps' system aggregates data from sensors on vehicles