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Former TuSimple co-founder urges courts to block asset transfer to China

Xiaodi Hou, the co-founder and former CEO of self-driving trucking startup TuSimple, has urged a California district court to issue a temporary restraining order to stop the company from transferring its remaining U.S. assets to China, according to a recent court filing. Hou, who plans to apply for a temporary restraining order in December during

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OpenAI’s tumultuous early years revealed in emails from Musk, Altman, and others

A lawsuit by the world’s wealthiest man against one of the fastest growing companies of all time is necessarily interesting stuff. But while the allegations are yet to be proven, the case has already exposed a batch of emails between Elon Musk, Sam Altman, and others during OpenAI’s early days. Here are a few of

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Here’s the full list of 44 US AI startups that have raised $100M or more in 2024

For some, AI fatigue is real — but clearly venture investors haven’t grown tired of the category. AI deals continued to dominate venture funding during the third quarter. AI companies raised $18.9 billion in Q3, according to Crunchbase data. That figure represents 28% of all venture funding. The third quarter also saw the close of

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NSO Group admits cutting off 10 customers because they abused its Pegasus spyware, say unsealed court documents

On Thursday, WhatsApp scored a legal victory by convincing a U.S. federal judge to publicly release three court documents that include new revelations about the inner workings of Pegasus, the spyware made by Israeli surveillance tech maker NSO Group.  The newly unsealed documents include information coming from depositions of NSO employees during the legal proceedings,

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OpenAI at one point considered acquiring AI chip startup Cerebras

OpenAI was at one point considering acquiring Cerebras, an AI chipmaking company that’s in the process of going public, according to new legal filings. Elon Musk’s ongoing lawsuit against OpenAI has new exhibits that describe how OpenAI was contemplating snatching up Cerebras in or around 2017 — a year after Cerebras’ founding, and just a

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The US IPO window hasn’t reopened yet, but startups take what they can

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here! Despite the short workweek in many locations, the last few days have been crammed with deal announcements and funding news, although it is too early to tell how much was just on hold before

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‘I went to Greenland to try to buy it’: Meet the founder who wants to recreate Mars on Earth

Last summer, a twin-propeller plane touched down on the gray-cratered terrain of Nuuk, the capital of Greenland. A 28-year-old deboarded, ready to march into the Nordic parliament building with a bold proposition: “I went to Greenland to try to buy it,” Praxis founder Dryden Brown wrote in a viral tweet later.  On the phone with

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