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Nvidia Joins Nuro's $203 Million Funding Round

Nvidia Joins Nuro's $203 Million Funding Round

Nuro, a promising autonomous vehicle (AV) startup, has successfully garnered new investments, including a significant backing from Nvidia, totaling $203 million in its latest funding round. This funding amplifies Nuro's Series E funding efforts, initially kicked off with a $106 million tranche. Silicon Valley-based Nuro, known for its

Kyte, a self-styled Hertz rival, shuts down after lender repossession and receivership

Kyte, a self-styled Hertz rival, shuts down after lender repossession and receivership

Kyte, the on-demand car rental startup that once positioned itself as the “best competitor to Hertz,” has shut down its operations in the United States. The closure comes roughly a year after deep layoffs and a retreat to just two markets. In July, the company sold its customer list to

Kyte Ends Operations After Attempting to Compete with Hertz

Kyte Ends Operations After Attempting to Compete with Hertz

Kyte, a startup once aiming to rival Hertz, has shuttered its operations. The company, which had prided itself on delivering an innovative approach to car rentals, has entered into receivership after failing to overcome significant financial duress. After making the drastic decision to reduce staff and withdraw from most U.

Security Flaws Allow Hacker to Remotely Unlock Cars Anywhere

Security Flaws Allow Hacker to Remotely Unlock Cars Anywhere

A startling revelation has emerged about security flaws in a carmaker’s online dealership portal. These flaws potentially exposed private information and vehicle data of customers and could have allowed hackers to remotely access and unlock vehicles. Eaton Zveare, a security researcher at Harness, disclosed this vulnerability to TechCrunch. He

SoftBank Reportedly Acquires Foxconn’s Ohio Factory for Stargate AI Project

SoftBank Reportedly Acquires Foxconn’s Ohio Factory for Stargate AI Project

The mystery surrounding the new owner of Foxconn's former General Motors factory in Lordstown, Ohio, appears to be solved. According to Bloomberg News, SoftBank is the entity behind the purchase. The Japanese conglomerate plans to use the factory as part of its ambitious Stargate data center project alongside