technology
Samsung’s TriFold phone will cost $2,899 in the US
The phone’s display unfolds twice to reveal a 10-inch display, which is the largest screen ever on a Galaxy phone. Source link
Luminar receives a larger $33 million bid for its lidar business
A new leading bidder has appeared in the Luminar bankruptcy case: Redmond, Washington-based MicroVision, which beat out Quantum Computing Inc.’s bid by $5 million. Source link
Uber launches an ‘AV Labs’ division to gather driving data for robotaxi partners
Uber is not developing its own robotaxis again; instead it plans to collect and offer data. It’s a bet that more volume will help autonomous vehicle partners solve the weirdest edge cases. Source link
Northwood Space secures a $100M Series B and a $50M Space Force contract
This is the El Segundo, California-based startup’s second raise in less than a year. Source link
‘Among the worst we’ve seen’: report slams xAI’s Grok over child safety failures
“We assess a lot of AI chatbots at Common Sense Media, and they all have risks, but Grok is among the worst we’ve seen,” Robbie Torney of Common Sense Media said. Source link
Qualcomm backs SpotDraft to scale on-device contract AI with valuation doubling toward $400M
SpotDraft now processes over 1 million contracts annually using its AI tool, with contract volumes up 173% year-over-year. Source link
South Korea’s Edenlux set for U.S. debut of eye-strain wellness device
Edenlux builds wearable tech to protect and train your eyes, inspired by its founder’s personal vision recovery. Source link
Google pays $68M to settle claims its voice assistant spied on users
Google did not admit wrongdoing in the settlement of the class-action case, which accused the firm of “unlawful and intentional interception and recording of individuals’ confidential communications without their consent and subsequent unauthorized disclosure of those communications to third parties.” Source link
AI chip startup Ricursive hits $4B valuation two months after launch
Ricursive joins Recursive and Unconventional AI in raising massive funds at multi-billion valuations out of the gate. Source link
Meta to test premium subscriptions on Instagram, Facebook, and WhatsApp
In the coming months, Meta is going to explore a premium experience on Instagram, Facebook, and WhatsApp that gives users access to special features and more control over how they share and connect, while keeping the core experiences free. Source link