Elon Musk’s former battery guru details his plan to make his startup the Tesla of an emerging billion-dollar industry

Anil Paryani spent five years at Tesla working on the Model S and Roadster. He’s now CEO of Auto Motive Power, a California EV energy management startup. Here’s how Paryani said he hopes AMP becomes the Tesla of its industry. Anil Paryani doesn’t just pull inspiration from his time at Tesla as he runs his… Continue reading Elon Musk’s former battery guru details his plan to make his startup the Tesla of an emerging billion-dollar industry

Ark Invest’s Cathie Wood has high hopes for Chinese stocks in the long run — and says her fund’s analysts were blown away by Tesla’s AI day

Ark Invest; Insider Cathie Wood is positive about China stocks in the long term, and revealed in a recent interview that Ark Invest’s analysts were blown away by Tesla’s AI Day. “I’m not pessimistic about China longer run because I think they’re a very entrepreneurial society,” she said on Bloomberg Radio in a Tuesday interview.… Continue reading Ark Invest’s Cathie Wood has high hopes for Chinese stocks in the long run — and says her fund’s analysts were blown away by Tesla’s AI day

Create Compelling Video In Minutes With 91% Off FlexClip

More and more, video is becoming central to both our private lives and how we engage with others for business. Yet producing, shooting, and editing video is a time-consuming and expensive process that many of us don’t have time for. FlexClip Lifetime for Business streamlines the production process so you can create great videos from… Continue reading Create Compelling Video In Minutes With 91% Off FlexClip

Cribl Raises $200M in Series C Funding

Cribl, a San Francisco, CA-based Observability Pipeline company, raised $200m in Series C funding. The round, which brought total funding to $254m, was led by Greylock and Redpoint Ventures, with participation from new investor IVP, existing investors Sequoia and CRV, and strategic backers Citi Ventures and CrowdStrike. The company intends to use the funds to expand operations and… Continue reading Cribl Raises $200M in Series C Funding

Tesla starts hiring roboticists for its ‘Tesla Bot’ humanoid robot project

Tesla has started to hire roboticists to build its recently announced “Tesla Bot,” a humanoid robot to become a new vehicle for its AI technology. When Elon Musk explained the rationale behind Tesla Bot, he argued that Tesla was already making most of the components needed to create a humanoid robot equipped with artificial intelligence.… Continue reading Tesla starts hiring roboticists for its ‘Tesla Bot’ humanoid robot project

Nirvana baby sues band alleging child pornography

The iconic nude baby photographed for the cover of Nirvana’s Nevermind album is all grown up and suing the band, alleging the image violates child pornography laws. Spencer Elden, now 30, is seeking $150,000 from each of 17 named defendants, including record executives, Nirvana band members, and Courtney Love, the former wife and executor of… Continue reading Nirvana baby sues band alleging child pornography

China Digest: Oushu nets $30m; Qiming leads $15m funding for Zuoshouyisheng …

Big Data company Oushu has pocketed 200 million yuan ($30 million) in a Series B+ round of financing, while Qiming Venture Partners has led a 100 million yuan ($15 million) Series B round for digital healthcare services specialist Zuoshouyisheng.  Sequoia-backed Oushu nets $30m Big Data firm Oushu Inc. on Wednesday announced the completion of a… Continue reading China Digest: Oushu nets $30m; Qiming leads $15m funding for Zuoshouyisheng …

People Digest: Carro CMO Seewal departs firm; Syfe, Next Gen make new hires

Manisha Seewal has quit car marketplace Carro after leading its marketing function for three years, while robo-advisor Syfe and alternative protein firm Next Gen Foods have announced new hires. Carro group CMO Seewal departs firm The chief marketing officer of Singapore-based used car marketplace unicorn Carro, Manisha Seewal, announced her departure from the company after… Continue reading People Digest: Carro CMO Seewal departs firm; Syfe, Next Gen make new hires

Indian VC firm Prime Venture Partners hits first close of its fourth, $100m fund

Venture capital firm Prime Venture Partners on Wednesday announced that it has secured a $75 million first close of its $100-million fourth fund as it looks at newer areas for investment. The investors or limited partners in the latest fund include the International Finance Corporation (IFC), a part of the World Bank Group, a top-tier… Continue reading Indian VC firm Prime Venture Partners hits first close of its fourth, $100m fund

Fidelity International China president leaves ahead of mutual fund business launch

Fidelity International China President Daisy Ho will leave the company to pursue other career opportunities, the global asset manager said on Wednesday, less than three weeks after Chinese regulators allowed it to set up a mutual fund subsidiary. The departure of Ho, who oversees Fidelity International‘s overall China strategy, “won’t impact the preparation of the company’s China mutual fund business,” the company said… Continue reading Fidelity International China president leaves ahead of mutual fund business launch