Shared e-scooter startup Beam Mobility has placed hundreds of extra “phantom” scooters on city streets in Australia and New Zealand to avoid paying vehicle registration fees to local governments, according to a two-part report from The Australian. Cities place caps on the number of vehicles operators can deploy to avoid saturating streets and sidewalks with […]
Big tech companies are plowing money into AI startups, which could help them dodge antitrust concerns
Another week, and another round of crazy cash injections and valuations emerged from the AI realm. DeepL, an AI language translation startup, raised $ 300 million on a $ 2 billion valuation; Scale AI, a data-labeling platform for machine learning models, secured $ 1 billion as its valuation nearly doubled to $ 13.8 billion; and […]