5 days ago
Joby Aviation’s $200M Offering and Lumen Orbit’s Space Data Centers
Joby Aviation announces a $200 million public offering as it gears up for its 2025 eVTOL launch, aiming to revolutionize urban air mobility. Meanwhile, Lumen Orbit closes a $10 million seed round to develop space-based data centers for AI training, addressing the data center crisis. Plus, we explore the latest unicorns emerging in 2024 and the implications of Google's partnership with Anthropic facing a UK competition investigation.
Sources:
https://techcrunch.com/2024/10/24/joby-launches-200m-public-offering-ahead-of-2025-commercial-evtol-release/
https://techcrunch.com/2024/10/24/lumen-orbit-closed-one-of-the-biggest-rounds-from-y-combinators-last-cohort/
https://techcrunch.com/2024/10/24/38-startups-have-become-unicorns-so-far-in-2024-heres-the-full-list/
https://abcnews.go.com/International/wireStory/googles-partnership-ai-startup-anthropic-faces-uk-competition-115107860
Outline:
(00:00:00) Introduction
(00:00:45) Joby launches $200M public offering ahead of 2025 commercial eVTOL release
(00:04:09) Exclusive: Lumen Orbit closed one of the biggest rounds from Y Combinator's last cohort
(00:06:44) 49 US startups have become unicorns so far in 2024: Here's the full list
(00:09:32) Google's partnership with AI startup Anthropic faces a UK competition investigation