The company is deliberately limiting production after years of struggling to find mass-market demand for its EVs.

Just a couple of months after its last big raise, the AI chip startup is already being plied with investment offers at double or more its current value, sources tell TechCrunch.

Days after Vinod Khosla called Factory a struggling also-ran, Menlo has shown up with a check and a glowing blog post.

Nvidia-backed Reflection AI unveils Beam, its first open-weight model, which it says rivals GLM-5.2 on reasoning with far less inference compute. Weights are due this month.