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The “father of the iPod” says the first generation of AI gadgets failed to solve real problems — and the next wave will need to earn consumers’ trust.
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The financing includes an $8M seed round co-led by Sequoia Capital and First Round Capital, and a $30 million Series A led by Hummingbird Ventures.
Parallel Systems raised $100M to scale production of its autonomous electric rail vehicle, which can shuttle thousands of pounds of freight up to 500 miles.
The Detroit startup has widened its scope beyond mobility to help drone and robotics companies find U.S. based manufacturers, shippers, and more.
Google Labs is working on a new AI-powered game-creation platform called Playground for users to build browser-based games using simple text prompts.
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