Metalab transitions from quietly building the internet to actively investing in it.

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Metalab, a Canadian interface design firm that has been instrumental in helping startups build products for nearly two decades, has expanded its services to include investment through the launch of Metalab Ventures. Founded by serial entrepreneur and investor Andrew Wilkinson in 2006, Metalab has played a significant role in supporting product innovations for notable companies such as Slack, Coinbase, Uber, and Tumblr. Devamını Oku

Lucid Motors achieves a new delivery record while actively seeking additional EV buyers

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Lucid Motors achieved a milestone in the first quarter of 2024 by delivering the highest number of electric vehicles (EVs) in its history, albeit by a narrow margin. The Saudi-backed company, based in California, announced on Tuesday that it shipped 1,967 luxury sedans during the quarter. This figure slightly surpasses its previous record of 1,932 deliveries set in the fourth quarter of 2022. However, it’s worth noting that Lucid only produced 1,728 sedans in the first quarter, indicating the need for increased production in subsequent quarters to meet its modest guidance of producing 9,000 EVs for the year. Devamını Oku

Symbolica aims to preempt the AI arms race by investing in symbolic models

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Symbolica AI, founded by ex-Tesla engineer George Morgan, aims to address the limitations of current AI methods, particularly in deep learning and generative language models. Morgan’s experiences at Tesla led him to recognize the unsustainable nature of scaling compute for AI advancements and the need for alternative approaches to achieve greater accuracy, efficiency, and transparency in AI models. Devamını Oku