Equity Cruise layoffs, exosuits, and why French startups are bubbling up
Dec 15, 2023
Big changes are shaking the tech landscape! Cruise is making headlines with massive layoffs, highlighting struggles in the self-driving sector. The French startup scene is buzzing, with Mistral AI and impressive funding for companies like Pivot. Plus, innovative exosuits designed by Verve Motion promise to aid workers while raising questions about technology's role in our lives. AI remains a hot topic, with mega-deals transforming investment patterns. Stay tuned for more exciting updates and predictions!
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Cruise Layoffs
- Cruise laid off 24% of its workforce (900 employees), targeting non-engineering roles.
- This follows recent incidents like a pedestrian being hit and dragged by a Cruise vehicle.
Prevu's Real Estate Tech
- Prevu offers a digital platform for scheduling home tours and provides optional agent assistance.
- They offer cashback rebates from their commission after closing, incentivizing platform use.
Verve Motion's Exosuits
- Verve Motion raised $20M for its "soft exosuit" designed for repetitive lifting tasks.
- The suit assists users by providing lifting force, reducing injury risks, and offering data analytics.