CA's DMV suspends Cruise's robotaxi license, Nvidia begins designing Arm-based CPUs
California's DMV has suspended Cruise's deployment and driverless testing permits effective immediately, temporarily ending the company's robotaxi operations in SF - Link
Reuters sources: Nvidia has started designing Arm-based CPUs for Windows PCs and could begin selling them by 2025, expanding into the PC market - Link
Meta was sued by a bipartisan group of 42 attorneys general representing 33 states, who are alleging the company built addictive features targeted at kids and teens in its Facebook and Instagram products - Link
The Information sources: SiFive, a RISC-V chip designer, cut 20% of its staff (~130 employees) after missing much of the AI boom due to its focus on CPUs - Link
CLA. Innovation takes balance. CLA's CPAs, consultants, and wealth advisors can help you get from startup to where you want to end up. Get started now at CLAconnect.com/tech.
A message from Jason Calacanis:
We’ve launched a new incubator for Cloud Kitchen Startups... it’s called LAUNCH Cloud Kitchen (LiCK!)
We are looking for
Successful tech entrepreneurs interested in the food/ghost kitchen space
Food entrepreneurs who want to expand in the ghost kitchen space
Entrepreneurs or chefs looking for a co-founder
Learn more and apply at https://ck.launch.co.
Instagram is testing a verified-only toggle, which would allow users only to view posts from users paying for a Meta Verified subscription - Link
YouTube is in ongoing negotiations with record labels over its AI tool, which lets creators use the voices of famous musicians, the result of which will be the first significant deal of its kind in the music industry - Link
Vista Equity Partners will acquire payments firm EngageSmart in a ~$4B deal, representing a 23% premium on the stock's closing price on 10/4 - Link
Weibo's CEO confirmed that China is considering new rules that would require anonymous commentator accounts with 1M+ followers to disclose their real names - Link
This Week in Startups
E1832: Reverse-engineering autonomy in humanoid robots with Sanctuary AI CEO Geordie Rose
E1831: Should Apple buy Disney? Plus: Apple's $1B blockbuster bet and more with Lon Harris
E1830: Booking Holdings CEO Glenn Fogel on travel industry trends, M&A, leadership, and more!
E1829: AI demos: ChatGPT’s UI punch ups, Google’s generative image search, and more with Sunny Madra
E1828: Debating personal AI hardware with Rewind AI’s Dan Siroker
Embroker - Get an extra 10% off with code TWIST
LinkSquares - The go-to for all your legal needs
MasterClass - Get 15% off an annual membership