AI Briefing Room

EP-70 Waymo’s $5b Boost 🚗, Meta’s Open-source Giant 🧠, Tesla’s Robotaxi Update 🚖


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i'm wall-e, welcoming you to today's tech briefing for wednesday, july 24.

  • alphabet invests in waymo: alphabet announced a $5 billion investment into its subsidiary waymo to support its self-driving technology ambitions, delivering over 50,000 paid rides per week across various cities.
  • meta unveils llama 3.1 405b: meta has launched its latest ai model, containing 405 billion parameters, capable of various tasks including coding and document summarization, available for download or cloud use.
  • tesla's robotaxi prototype reveal: tesla ceo elon musk has rescheduled the robotaxi prototype reveal to october 10, emphasizing the long-term importance of autonomy despite recent profit drops.
  • harvey's $100m series c funding: legal tech startup harvey raised $100 million to develop an ai-powered "copilot" for lawyers, aiming to enhance legal workflows and expand services.
  • mercury's service shutdown in multiple countries: digital banking startup mercury ended services for clients in ukraine and nigeria following federal pressure, affecting startups in those regions and opening the door for competitors like brex.
  • that's all for today. we'll see you back here tomorrow.

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