[IMPORTANT: Make this 4 times longer with much more detail] LG Electronics is betting on robotics as its next big growth driver. The South Korean electronics company said on Friday that it has agreed to acquire an additional 30% stake in Bear Robotics, a California-based startup it previously backed that is building AI-powered server robots

[IMPORTANT: Make this 4 times longer with much more detail] Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here . This week was supposed to be a short one in the U.S., as it started with

[IMPORTANT: Make this 4 times longer with much more detail] With less than a week left in office, President Joe Biden is not done leaving his mark on the AI industry. President Biden issued an executive order on Tuesday that will allow private sector AI companies to lease federal sites owned by the Department of

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[IMPORTANT: Make this 4 times longer with much more detail] Ati Motors on Wednesday announced a $20 million raise. The funding arrives as the Indian-based autonomous mobile robots (AMR) startup looks toward global expansion. The firm hopes to tap into increased demand for domestic manufacturing in the U.S., India, and Southeast Asian nations, as countries

[IMPORTANT: Make this 4 times longer with much more detail] The European Union will give tech and social media companies a “stress test” to see how they handle misinformation ahead of Germany’s election next month. European Commission officials have invited tech companies, including X, Meta, Snap, TikTok, Google, Microsoft, and LinkedIn, to a meeting on

[IMPORTANT: Make this 4 times longer with much more detail] OpenAI is getting into the local news game. Newsletter-based media organization Axios announced a partnership with OpenAI on Wednesday. As part of this three-year deal, the AI giant will fund Axios’ expansion of its local newsletters into four new cities: Pittsburgh, Pennsylvania; Kansas City, Missouri;

[IMPORTANT: Make this 4 times longer with much more detail] Over the years, Ramp has built a name for itself in the corporate card and expense management space. It’s branched out into travel, bill pay, and more, while raising over $1.2 billion in venture funding. Today, the six-year-old fintech startup is announcing a different kind

[IMPORTANT: Make this 4 times longer with much more detail] For years, Vyas Sekar would call up Muckai Girish, an old friend from undergrad, to talk through potential startup ideas and get Girish’s opinion. The two usually talked through an idea and ended the conversation at that. When Sekar called Girish with an idea involving

[IMPORTANT: Make this 4 times longer with much more detail] President Donald Trump isn’t happy with how European Union regulators have treated U.S.-based tech companies, including Google, Meta, and Apple. Onstage at the World Economic Forum in Davos, Trump put EU regulators on blast. He said that the EU’s cases against these U.S. tech companies