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Autonomous trucking startup Waabi announced Tuesday it has raised $200 million in an oversubscribed Series B funding round led by existing investors Uber and Khosla Ventures. Waabi's latest funding round also includes Nvidia, a new investor in the company, as well as Porsche and the venture capital arm of Volvo. Using generative AI, Waabi has built a single AI system that is capable of reasoning, just as humans do, and that can come up with problems human minds couldn't conceptualize. The new investor round brings Waabi's total funding to $280 million since being founded in 2021. "This funding round gives us everything we need, both financially and strategically, to launch fully driverless trucks and accelerate our growth in 2025," Urtasun said.
Persons: Waabi, couldn't, Raquel Urtasun, Jensen Huang, Urtasun Organizations: Uber, Khosla Ventures, Nvidia, Porsche, Volvo, Uber Freight, U.S, Trucking, CNBC Locations: Toronto, Dallas, Houston, Texas, U.S, Waabi
The decision has appalled the family, and those in the Jewish community. Spain's leading Jewish organization has long supported the family's legal fight to wrest the painting from the Spanish museum that holds it. AdvertisementThe museum, for its part, welcomed the US court's decision, while declining to comment on the views of the Jewish community in Spain. Californian law doesn't give owners rights over stolen goods. But in Spain, if you buy stolen goods in good faith, you have stronger claims.
Persons: , Spain's, Bernardo Cremades, Lilly Neubauer, Camille Pissarro, Neubauer, Baron Hans Heinrich Thyssen, We've, Cremades, Francisco Franco, Cornelis van der, Ramón, Ernest Urtasun, Consuelo Callahan Organizations: Service, Business, Federation of Jewish Communities, Federation of Young, Saint, Guardian, Museo Nacional Thyssen, Bornemisza, Los Angeles Times, Circuit, Appeals, Spanish, El, BI Locations: California, Spain, Germany, Spanish, Bornemisza, Madrid, Basque
Spanish Prime Minister Pedro Sanchez's new cabinet
  + stars: | 2023-11-20 | by ( ) www.reuters.com   time to read: +6 min
Spain's Prime Minister Pedro Sanchez takes the oath of office during a ceremony at Zarzuela Palace in Madrid, Spain November 17, 2023. Andres Ballesteros/Pool via REUTERS Acquire Licensing RightsNov 20 (Reuters) - Spanish Prime Minister Pedro Sanchez on Monday announced his new cabinet, keeping the same number of 22 ministers, 12 women and 10 men, despite reshuffling some of their portfolios. SOCIALIST MINISTERS:NADIA CALVINO - ECONOMYCalvino remains as Sanchez's first deputy prime minister and top economic expert. FELIX BOLANOS - JUSTICEBolanos saw his profile boosted by heightened media exposure while acting as Sanchez's de facto cabinet chief. SIRA REGO - CHILDREN AND YOUTHThe second-in-command and main spokesperson for the United Left, she became an MEP in 2019.
Persons: Pedro Sanchez, Andres Ballesteros, NADIA CALVINO, Calvino, Sanchez's, TERESA RIBERA, Ribera, MARIA JESUS MONTERO, Sanchez, Montero, FELIX BOLANOS, JUSTICE Bolanos, JOSE MANUEL ALBARES, Arancha Gonzalez Laya, MARGARITA ROBLES, Robles, FERNANDO GRANDE, Miquel Iceta, PILAR ALEGRIA, Alegria, Isabel Rodriguez, ISABEL RODRIGUEZ, Rodriguez, JOSE LUIS ESCRIVA, DIANA MORANT, LUIS PLANAS, Puente, Alberto Nunez Feijoo, JORDI HEREU, Hereu, Hector Gomez, ANGEL VICTOR TORRES, Torres, ELMA SAIZ, Escriva, Redondo, Podemos party's Irene Montero, SUMAR, YOLANDA DIAZ, LABOUR Diaz, Sumar, MONICA GARCIA, Garcia, Isabel Diez Ayuso, ERNEST URTASUN, PABLO BUSTINDUY, Bustinduy, Alberto Garzon, Ione Belarra, SIRA REGO, David Latona, Aislinn Laing, Grant McCool Organizations: Spain's, REUTERS Acquire, Spanish, Monday, European Investment Bank, JUSTICE, High, Culture, Social Security, Universities, Democratic, Socialist, ANA REDONDO, LABOUR, Mas Madrid, Greens, European Free Alliance, Consumer Affairs, United Left, Thomson Locations: Zarzuela, Madrid, Spain, Dubai, France, Morocco, Ukraine, Melilla, Gandia, Valladolid, Barcelona, Canary, Bolanos, Pamplona, Navarre, Mas, Podemos, Gaza, SIRA, Israel
EU urges others to copy its rules for cryptoassets
  + stars: | 2023-04-19 | by ( Huw Jones | ) www.reuters.com   time to read: +2 min
LONDON, April 19 (Reuters) - The rest of the world should copy European Union rules for cryptoassets to create a robust global approach that protects consumers and financial stability, the EU's financial services chief said on Wednesday. The crypto sector has been rocked by the failure of crypto exchange FTX and other collapses, sending benchmark bitcoin prices tumbling, though it has begun to recover. "I hope that our rules could become a model for other countries," EU financial services commissioner Mairead McGuinness told the parliament. Crypto firms authorised in one EU state would be allowed to offer their services across all 27. McGuinness said the commission will study whether further rules are needed for decentralised finance, and for lending and borrowing in cryptoassets.
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