Tech News

A former Thiel fellow’s startup just launched a drone it says can replace police helicopters

When I speak to Blake Resnick, he’s walking around his drone startup’s newest office space in Seattle—a cavernous 50,000-square-foot facility that, Resnick estimates, won’t be fully set up until later in the year—potentially November. Still, the big (and for now, largely empty) building offers the promise of a fast-growing company intent on conquering its particular...

Tech News

Amazon just bought a startup making kid-size humanoid robots

Amazon has confirmed that it has acquired Fauna Robotics, a two-year-old startup founded by former Meta and Google engineers who are developing kid-size humanoid robots. The acquisition was first reported by Bloomberg. Terms of the deal weren’t disclosed. What we do know is that Fauna’s employees, including its two founders, will join Amazon in New...

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With $3.5B in fresh capital, Kleiner Perkins is going all in on AI

Kleiner Perkins, the prominent U.S. venture firm, announced on Tuesday that it raised $3.5 billion in fresh capital across two funds, a significant increase from the firm’s $2 billion fundraise less than two years ago. The firm, founded back in 1972, says it raised $1 billion for its 22nd early-stage venture fund, and $2.5 billion...