Google launches its own AI Studio to foster machine intelligence startups

 Another week, another new Google initiative targeting AI startups. We started the month with the announcement of Gradient Ventures, Google’s on-balance sheet AI investment vehicle. Two days later we watched the finalists of Google Cloud’s machine learning competition pitch to a panel of top AI investors. And today, Google’s Launchpad is announcing a new hands-on Studio program. Read More

Elon Musk shares footage of The Boring Company’s first working car elevator

 Elon Musk’s Boring Company is getting closer to becoming a reality. The businessman conceived the idea in December in response to the pain of clogged up roads and traffic jams, and it has begun to take shape thanks to work carried out this summer. The basic idea is that underground tunnels can transport vehicles from A to B more quickly and efficiently than roads, with no time wasted… Read More

SoftBank is reportedly keen to buy ‘multi-billion dollar stake’ in Uber

 Less than a day after it agreed to put $2 billion into Southeast Asia’s Grab alongside Didi, now SoftBank is being linked with an investment in Uber, the U.S. firm that rivals those two aforementioned ride-sharing companies. A Wall Street Journal report claims SoftBank has been in touch with Uber with the apparent goal of buying a “multi-billion dollar stake” in the company.… Read More

Grab gets $2B from Didi and SoftBank to fuel bid to defeat Uber in Southeast Asia

 Grab, the ride-hailing company competing with Uber in Southeast Asia, has pulled in $2 billion of new financing from existing investors Didi Chuxing, the company that defeated Uber in China, and SoftBank. Didi said the round could expand by $500 million more with input from other existing backers and new investors, too. A Grab representative confirmed that SoftBank’s Vision fund is not… Read More

Alibaba and Tencent are carving up Southeast Asia’s startup ecosystem

 Two global tech forces are putting their mark — and money — into Southeast Asia’s nascent startup ecosystem, but they may not be the Western names that you expect. Rather than Google, Facebook or Microsoft, increasingly Chinese duo Alibaba and Tencent are the driving forces behind the importing of large sums of capital and vast business experience into Southeast… Read More

Run your startup the Toyota way

Toyota Camrys built using the Toyota Production System Toyota is known for its manufacturing efficiency. We’ve probably all heard that if a worker on the Camry line sees a problem, they have the authority to stop the line and address it. At the end of the day, teams meet to discuss what went wrong and what fixes actually fixed things. It’s called the Toyota Production System — but it also can work for a startup. Read More

Run your startup the Toyota way

Toyota Camrys built using the Toyota Production System Toyota is known for its manufacturing efficiency. We’ve probably all heard that if a worker on the Camry line sees a problem, they have the authority to stop the line and address it. At the end of the day, teams meet to discuss what went wrong and what fixes actually fixed things. It’s called the Toyota Production System — but it also can work for a startup. Read More