Welcome to this week’s tech roundup! We have some exciting developments, from new gadgets to innovative energy solutions. Let’s dive in!
Smart Glasses on the Way: Meta and Oakley have partnered to release smart glasses that can record 3K video, play music, make calls, and respond to Meta’s AI services. These glasses start at $399 and promise double the battery life of the previous Ray-Bans. A limited-edition model will retail for $499 starting July 11.
Wix’s Big Acquisition: Wix has acquired Base44, a solo startup that creates no-code AI tools for web apps, for $80 million. Base44 grew rapidly and became profitable in just six months, making it an attractive target for Wix.
Innovative Energy Storage: Finland has unveiled the world’s largest sand battery in Pornainen. This low-cost system uses heated sand to store energy for weeks, significantly reducing carbon emissions. It highlights how simple materials can effectively combat climate change.
VanMoof’s Fresh Start: After facing bankruptcy, VanMoof launched the S6 e-bike, blending unique design with new technology. With backing from McLaren and an improved repair network, the S6 aims to provide a smoother experience for riders.
Space Innovation: Baiju Bhatt, a co-founder of Robinhood, is venturing into space. His startup, Aetherflux, has raised $60 million to develop solar power technology using satellites. A demonstration satellite is slated for launch next year, backed by the Department of Defense.
Setbacks for SpaceX: In Texas, one of SpaceX’s Starship rockets exploded during tests. Although there were no injuries, this delays the upcoming launch plans, adding more hurdles to SpaceX’s ambitious agenda.
Spotify’s Audio Upgrade: Excitement is building around Spotify’s upcoming lossless audio tier, hinted at in recent app code. Fans are eager, but caution is advised as there is no official release date yet.
AI in Community Engagement: Digg has relaunched with a new iOS app designed to bring together communities through curated content and AI-generated summaries. This fresh take aims to compete with platforms like Reddit.
U.S. Navy’s Startup Collaboration: The Navy is streamlining partnerships with startups to tackle tech challenges. CTO Justin Fanelli emphasizes a proactive approach in finding innovative solutions, especially in AI and navigation systems, fostering a collaborative environment.
Recruitment Wars: Mark Zuckerberg is offering up to $100 million for AI talent, but leading figures from OpenAI, like Sam Altman, remain focused on their mission rather than money. OpenAI is progressing with new AI models, hinting at upcoming projects that could challenge Meta.
A Viral Party That Didn’t Happen: A recent after-party for YC’s AI Startup School in San Francisco became famous on Twitter after being shut down due to excessive party crashers. This saga turned into a humorous marketing moment for founder Roy Lee, showcasing the power of social media in shaping events.
In summary, it’s an eventful week in tech, highlighting innovations and challenges across various sectors. Stay tuned as we continue to keep an eye on these exciting trends.
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