It’s no surprise that there’s big money in private equity. Read more...

This story was originally published by Grist. Sign up for Grist’s weekly newsletter here. Read more...

As usual, Google I/O 2024 is an absolute whirlwind of news and announcements. This year, rather than focusing on hardware, Android, or Chrome, Google spent most of this year’s developers’ conference convincing us that its AI features are worth prioritizing. One of those projects is Project Astra, a multimodal AI…Read more...

The Tesla Cybertruck is already outselling most of the electric pickup truck market, losing out only to the Ford F-150 Lightning. In March, the Cybertruck notched 1,158 new vehicle registrations. That’s more than the Rivian R1T’s 548, the Chevy Silverado EVs’ 319, and the GMC Hummer EV’s 192. Still, everyone lagged…Read more...

Amazon is letting go of more people.Fortune reports that that the company laid off 100 people from its customer service team. One of them told the magazine that they routinely pulled 12- and 16-hour days to get their jobs done — and their hard work was rewarded by their computers suddenly being shut off in the middle…Read more...

Tesla may have already found a potential partner to use its long-promised robotaxis in China. Read more...