Mobileye CEO Amnon Shashua to step aside as company pushes into robotaxis, robotics
Shashua has been invited to take the chairman of the board seat.
AMD takes on Nvidia with its Helios AI rack scale system
AMD is challenging its chipmaker rival with a new rack-scale system that will start shipping to customers later this year.
Patreon lays off off 20% of its workforce
In a memo to staff that was posted online, Conte the company’s core business is strong, but that the platform has to respond to market changes and adjust its cost structure to remain stable.
Insurance startup Corgi reportedly raised more money at $4B — its third round in eight weeks
Corgi had announced a B1 round of $106 million at a $2.6 billion valuation at the end of May.
Tesla’s door handles may spur new US safety rules
The new rule-making process follows a series of incidents, including fatal ones, in which people have become stuck inside cars.