Nvidia and Uber-backed Serve Robotics has raised $80 million via a direct offering of 4.2 million shares of common stock. The fresh cash will help the company extend its runway through 2026 and scale its fleet from the 100 robots on the streets of Los Angeles today to the 2,000 Serve hopes to deploy by […]
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Jack Dorsey’s Block is scaling back its investment in TIDAL, the music streaming platform once owned by Jay-Z, according to a shareholder letter on Thursday. Block is also shutting down TBD, a Bitcoin-focused arm of the business that previously set out to build a decentralized internet, dubbed “Web5.” These cuts will free up the company […]
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