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ARTIFICIAL INTELLIGENCE
Megadeals took 87.5% of US venture dollars, and the rest of the market is priced by vintage
Rounds of $100m or more took 87.5% of every US venture dollar in the first half. The sharper number is what happened to everyone who last raised in 2021.
ARTIFICIAL INTELLIGENCE
Target appoints its first chief AI officer as retailers scale up AI spending
Chandhu Nair joins from Lowe's on August 24, into a job that barely existed two years ago and now sits in three quarters of large organisations
ELECTRIC VEHICLE
Tesla recalls 20,349 cars after NHTSA rejects its headlight defence
NHTSA rejected Tesla's inconsequential defect petition in July, forcing a recall of 20,349 Model 3 and Model Y cars with no fix yet announced
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