Figure Unveils Humanoid Robot, Draws Notable Investments

Robotics firm Figure AI is getting a lot of attention for its humanoid robot, Figure 01, which the company unveiled along with news that it has raised $675 million, for a $2.6 billion valuation, from investors including OpenAI, Nvidia, Microsoft and Amazon founder Jeff Bezos. Pronounced “Figure One,” the general purpose robot looks and moves like a human, and can perform mundane tasks like serving food as well as undesirable jobs like picking up trash. It “sees” using “onboard cameras that feed into a large vision-language model (VLM) trained by OpenAI,” according to Figure co-founder and CEO Brett Adcock. Continue reading Figure Unveils Humanoid Robot, Draws Notable Investments

Alphabet Revenue Robust, But Costs of Diversification Grow

Alphabet’s revenue is booming, but its costs are also increasing, the result of its efforts to diversify beyond online advertising. Thus, although Internet search showed very strong returns, Alphabet shares fell in after-hours trading due to its shrinking margins and slower revenue growth. In addition to its Google search engine, Alphabet comprises YouTube and Waymo self-driving car divisions. The parent company’s increased spending on those two divisions in Q4 pushed margins down to 21 percent from 24 percent a year earlier. Continue reading Alphabet Revenue Robust, But Costs of Diversification Grow

Waymo and Lyft Partner to Develop Self-Driving Vehicle Tech

Google’s self-driving car unit Waymo has signed an agreement with ride-hailing startup Lyft to collaborate on autonomous vehicle tech including development and pilot projects. “The deal between Waymo and Lyft has competitive implications for Uber, the world’s biggest ride-hailing company, which has recently had to confront a spate of workplace and legal problems,” reports The New York Times. “Waymo is also competing fiercely with Uber in the creation of technology for autonomous cars and is embroiled in a lawsuit over what it says is Uber’s use of stolen Waymo trade secrets to develop such technology.” Continue reading Waymo and Lyft Partner to Develop Self-Driving Vehicle Tech

Drone Makers Group Wants a Voice in Setting Airspace Policy

Four major drone manufacturers formed a new drone advocacy group, the Drone Manufacturers Alliance, to better address issues specific to their consumer-facing businesses. DJI, 3DR, Parrot and GoPro aim to lobby for “policies that promote innovation and safety, and create a practical and responsible regulatory framework.” The companies appear to have decamped from the founding trade association in the space, the Small UAV Coalition, which still counts Google X, Amazon Prime Air, AirMap, Intel and others as members. Continue reading Drone Makers Group Wants a Voice in Setting Airspace Policy

Google to Spin Off Autonomous Cars as Alphabet Company

In 2016, Google will spin off its driverless car unit, currently part of Google X, as a standalone business under the Alphabet aegis. With more than 1 million miles clocked on public roads, the company already has a hefty lead on competitors, including Uber Technologies, which has raised more than $10 billion towards its own work creating an autonomous car. Google first plans to launch a service, with fleets of large and small vehicles deployed in closed areas such as college campuses, military bases and corporate complexes. Continue reading Google to Spin Off Autonomous Cars as Alphabet Company

FAA Task Force Releases Recommendations on Policing Drones

The Consumer Technology Association estimates there will be 400,000 drones under the Christmas tree this year. Just in time, a task force created by the Federal Aviation Administration has come out with a report detailing recommendations on how to regulate them. The task force, comprised of drone makers, technology companies, an airline pilots association and the government, says drone owners need to be entered into a federal database and should display a government-issued registration number on their drone. Continue reading FAA Task Force Releases Recommendations on Policing Drones

Google Now a Subsidiary of New Parent Company, Alphabet Inc.

In a move that surprised Wall Street, Google created Alphabet Inc., a new publicly traded parent company. Google will be a subsidiary of Alphabet, with Google executive Sundar Pichai as its new CEO. Co-founders Larry Page and Sergey Brin will run Alphabet, which will include all of Google’s other ancillary businesses. Brin will also run Google X, the company’s experimental laboratory. Since the announcement was made after the close of trading on Wall Street, Google shares rose 6 percent in after-hours trading. Continue reading Google Now a Subsidiary of New Parent Company, Alphabet Inc.

Tech Companies Target Developing Countries for Web Expansion

Despite attempts by tech companies to make the Internet more accessible to people around the world, especially to those living in developing countries, the Internet’s growth has been decelerating. Facebook and Google have both invested in technologies such as satellites, drones and high-altitude balloons to deliver global Web access. However promising these efforts have been, global Web access has proven to be more contingent on whether people deem the Internet useful in the first place.  Continue reading Tech Companies Target Developing Countries for Web Expansion

Google is Building a Ride-Sharing App to Compete with Uber

People in need of a ride may eventually get around by Google driverless car, instead of Uber, Lyft, or other recently launched ride-hailing services. Google has reportedly told Uber’s board of the plan to develop a ride-sharing app and launch its own taxi service. This could be devastating for Uber’s business if Google limits the company’s access to Google Maps. If Google can also implement driverless cars, the company might be able to lower prices to the point that Uber cannot compete. Continue reading Google is Building a Ride-Sharing App to Compete with Uber

Today is Final Day to Purchase Google Glass Explorer Edition

Today marks the last day that Google Glass in its current form will officially be available for $1,500 as part of the Explorer Program. Late last week, the company announced that it would stop selling the smart glasses and the device would no longer be developed by the Google X research division. However, Google Glass is expected to continue as a standalone project with former Apple exec Tony Fadell in charge. Fadell is known for helping to design the iPod and inventing the Nest thermostat. Google purchased Nest last year. Continue reading Today is Final Day to Purchase Google Glass Explorer Edition

Google X Project: Building Large-Scale Modular Video Displays

Google X, Google’s secretive advanced projects lab, is currently developing large-scale video displays that are comprised of smaller modular screens intended to plug together like Legos to form a seamless image. According to people familiar with the previously undisclosed project, the displays can be configured in different shapes and sizes. The project is led by Mary Lou Jepsen, former MIT professor who co-founded the One Laptop Per Child project and three startups involving display technology. Continue reading Google X Project: Building Large-Scale Modular Video Displays

President Obama Names Two Googlers to Fill Key Tech Posts

The White House announced that it has hired Google exec Megan Smith to become the next U.S. Chief Technology Officer and Assistant to the President. Smith replaces Todd Park, who is moving to Silicon Valley in a new position as recruiter of tech talent for the federal government. The White House also announced that Alexander Macgillivray, former counsel for Twitter and Google, will serve as a deputy CTO with a focus on Internet and intellectual property policies and the intersection of big data and privacy. Continue reading President Obama Names Two Googlers to Fill Key Tech Posts

Google’s Baseline Study Aims to Spot Diseases in Early Stages

Baseline Study, an ambitious Google project, plans to determine the fullest picture yet of a healthy human being. Andrew Conrad, a molecular biologist who joined the Google X research arm in 2013, is running the project along with his team of experts. The study will collect the anonymous genetic and molecular information of 175 different people, expanding to thousands more in the future. In the long run, Google X hopes to detect fatal illnesses in their early stages. Continue reading Google’s Baseline Study Aims to Spot Diseases in Early Stages

Google’s Project Loon Advances, Balloons Are 10 Times Better

Google hopes to provide Internet access to unserved areas of the world using high-altitude balloons. When the company announced Project Loon a year ago many people were skeptical. Since then, Google announced that it has been able to extend balloon flight times and add mobile connectivity to the service. Recently, Loon has been providing as much as 22MB per second to a ground antenna and 5MB per second to a handset, success that suggests there will be ways to monetize the technology. Continue reading Google’s Project Loon Advances, Balloons Are 10 Times Better

Larry Page Talks Future of Search and Company Projects

  • Google CEO Larry Page, who rarely agrees to interviews, sat down with Fortune to discuss the future of search, clashes with Apple, the company’s numerous Google X projects, and more.
  • Page acknowledges the change in advertising models, but views disruption as a good thing. Google still devotes 70 percent of its effort into search and ads.
  • “The perfect search engine would really understand whatever your need is,” he says. “So one of my favorite examples I like to give is if you’re vacation planning. It would be really nice to have a system that could basically vacation plan for you. It would know your preferences, it would know the weather, it would know the prices of airline tickets, the hotel prices, understand logistics, combine all those things into one experience. And that’s kind of how we think about search.”
  • On Google’s competition with Apple, Amazon and others: “I’d like to see more cooperation on the user side. The Internet was made in universities and it was designed to interoperate. And as we’ve commercialized it, we’ve added more of an island-like approach to it, which I think is a somewhat a shame for users,” Page says.
  • “I think it would be nice if everybody would get along better and the users didn’t suffer as a result of other people’s activities. I try to model that. We try pretty hard to make our products be available as widely as we can. That’s our philosophy,” he notes.
  • The remaining effort at Google is split between apps (20 percent) and new projects (10). “I think investors always worry about this. You know, ‘Oh my God, they’re going to spend all their money on self-driving cars.’ I feel like no matter how hard I try, I can never make the 10 bigger, because it’s actually hard to get people to work on stuff that’s really ambitious. It’s easier to get people working on incremental things.”