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TechCrunch Mobility: Elon’s admission | TechCrunch

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Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility!

Tesla earnings came and went, and much of it fell into the “we expected this” category. Investors seemed surprised by the $1.4 billion in free cash flow, which gave shares a brief bump, and revenue met or slightly exceeded expectations, depending on which batch of analysts you reviewed. 

The earnings call, however, did deliver one eyebrow-raising moment that prompted readers (including some ex-Tesla engineers and other founders in the industry) to reach out to me with some schadenfreude-tinted prose. CEO Elon Musk admitted that millions of Tesla owners will need hardware upgrades to run a future, more capable version of its Full Self-Driving software that doesn’t require human supervision. 

There are financial and legal implications for Tesla. As senior reporter Sean O’Kane wrote, Tesla owners with Hardware 3 cars have spent years bugging the company and Musk for a straight answer about whether they would be able to run this advanced version of Full Self-Driving — which, it should be noted, Tesla has not yet released or even proven it is capable of releasing. Tesla sold these Hardware 3 cars between 2019 and 2023.

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Now, here is the kicker and it made me guffaw. Musk said the company would need to physically upgrade each of these vehicles, a feat that would require Tesla to set up microfactories in several major cities to service potentially millions of vehicles. 

Microfactories? Yes, you heard correctly. This is not going to be cheap, and it could be one of the line items in Tesla’s capital expenditures budget, which it expanded to a whopping $25 billion this year. 

A little bird

blinky cat bird green
Image Credits:Bryce Durbin

Senior reporter Sean O’Kane obtained (and verified) an internal memo sent by Redwood Materials founder and CEO JB Straubel that announced layoffs and a restructuring. (Thanks to the little bird who shared it.) Straubel is a former CTO of Tesla.

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The company laid off around 135 employees, or roughly 10% of its workforce, as it restructures to better accommodate its growing energy storage business. O’Kane later learned several executives have also recently left. Chief operating officer Chris Lister is retiring, and at least three other VPs have left in recent months, with the company telling TechCrunch there has been a focus on reducing layers of management.


Last week, I shared that a new autonomous hauler startup (think a cabless autonomous big rig) backed by Eclipse was about to break cover and announce a seed round, thanks to a little bird. Welp, it happened just days later. 

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The San Francisco-based startup, called Humble Robotics, raised $24 million in a seed round. Eclipse led the round, which also included backing by Energy Impact Partners and RedBlue Capital, a small early-stage VC firm that is surprisingly active. 

As I had been told, Humble really is chock-full of Silicon Valley elite, including founder Eyal Cohen, who previously had stints at Apple special projects, Uber ATG, Pronto, and Waabi. He also founded Spark AI, which was acquired by John Deere in 2023. 

Other execs include Drew Gray, who has a similarly AV-heavy résumé, including early days at Cruise, before jumping over to self-driving trucks startup Otto, which was acquired by Uber. After leaving Uber, he became CTO at Voyage, which was then acquired by Cruise. 

A full-circle moment, cemented by this fun fact: Humble Robotics is in the same building Cruise was in right after the startup moved out of founder Kyle Vogt’s garage. I know, we keep circling back to 2016.  

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Except it’s not 2016, and Cohen and Gray talked to me about how much has changed since then, why this is the time to launch an AV startup, and where the industry is headed. Stay tuned for that story next week.

Got a tip for us? Email Kirsten Korosec at kirsten.korosec@techcrunch.com or my Signal at kkorosec.07, or email Sean O’Kane at sean.okane@techcrunch.com

Deals!

money the station
Image Credits:Bryce Durbin

Lyft stuck to the North American market for much of its history, while Uber took a global, expand-at-all-costs strategy. Lyft has been trying to catch up since last year when it bought German multi-mobility app Freenow from BMW and Mercedes-Benz Mobility for about $197 million in cash. 

Now it’s acquiring ride-hailing app Gett’s U.K. business. Lyft says the deal will give it the majority of registered black cab drivers across Greater London on the Lyft platform. The company didn’t disclose the terms, but Calcalist reported it was $55 million. 

The company is also building out other means of transport in the region, including its recently renewed partnership with Serco to provide the bikes and stations for Europe’s bike-share system Santander Cycles. Lyft is also planning to start testing autonomous rides in London with Baidu later this year. 

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Other deals that got my attention …

A&K Robotics, a Vancouver, Canada-based maker of autonomous vehicles for airports, raised an $8 million CAD Series A round led by BDC’s Industrial Innovation Venture Fund and Vantage Futures.

Decade Energy, which provides power infrastructure at logistics depots, raised €22 million in funding led by Eiffel Investment Group and SET Ventures, along with existing investors.

Reliable Robotics, a Silicon Valley startup developing autonomous systems for aircraft, raised $160 million in a round led by Nimble Partners, existing backers Eclipse, Lightspeed, Coatue, and Pathbreaker Ventures, and new investors Island Green Capital, Socium Ventures, AE Ventures (a strategic partner of the Boeing Company), RTX Ventures, Presidio Ventures (Sumitomo Corporation), UP.Partners, KAS Venture Partners, What If Ventures, Calm Ventures, Gaingels, and Mana Ventures. History lesson: Co-founder and CEO Robert Rose had a brief stint at Tesla where he was senior director of Autopilot and helped ship that first iteration in 2015.

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PlusAI and blank-check company Churchill Capital Corp IX terminated its SPAC merger deal due to market conditions.

Porsche is selling its stake in the Bugatti Rimac joint venture, which it formed in 2021, as well as electric-vehicle maker Rimac Group. Porsche, which holds a 20.6% stake in Rimac and a 45% stake in the joint venture, is selling to HOF Capital. Financial terms weren’t disclosed.

Notable reads and other tidbits

Image Credits:Bryce Durbin

Einride is adding 75 of its electric heavy-duty trucks to Amazon’s Relay freight network as part of a deal that gives the Swedish startup a toehold in the e-commerce giant’s operations. 

Ford and Chinese automaker Geely reportedly held talks about extending a European tie-up into the U.S., the Wall Street Journal reported. The implications, of course, would be Chinese vehicles entering the U.S. market. But it sounds like talks have stalled, leaving this consequential deal in limbo. Bloomberg reported that Ford has denied these claims

Porsche is adding another EV to its lineup. The Cayenne electric coupe will come to market in late summer. There’s some interesting data in my article on why this one might be a winner for Porsche. 

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The first customer-ready Rivian R2 SUVs rolled off the production line at its factory in Normal, Illinois, just days after it was hit by an EF-1 tornado that tore off part of the roof. Founder and CEO RJ Scaringe said Rivian doesn’t anticipate any delays to the R2, which are expected to reach customers in June. 

One more thing …

Image Credits:Kirsten Korosec

As diligent readers of this newsletter know, I test-drive a fair number of vehicles, and sometimes they are not EVs. Take the Aston Martin Vantage Roadster, for instance. I was anxious to get into the roadster, not just because this $205,000 chiltern-green machine is sleek, powerful, and a convertible. I wanted to test the Apple CarPlay Ultra, the next-generation infotainment system that projects iPhone content to the vehicle’s screens (including the instrument cluster) and integrates vehicle controls like the radio, performance settings, and climate. CarPlay Ultra first launched in the Aston Martin, which isn’t exactly easy to get my hands on. 

My first experience with Apple Ultra CarPlay last summer was mixed. It was great — when it worked, but it often didn’t. The problem seemed to be tied to a bug that showed two versions of the vehicle in the Bluetooth settings. 

This time around, the setup was instant and it never glitched. Hooray. And it always worked. This really matters for Aston Martin, which for years was stuck with Mercedes-Benz’ old COMAND system. (Mercedes ditched that system in 2018 for its new MBUX one).

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

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Ruark Talisman R Floorstanding Speakers at AXPONA 2026: The $2,000 Underdog That Deserved a Crowd

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AXPONA 2026 was a tremendous show by any metric; bigger crowds, stronger energy, and more gear than anyone could reasonably process without developing a caffeine dependency and mild resentment toward elevators. We’re already counting the days until next year. But let’s not pretend everything was perfect. If you were hunting for genuinely affordable loudspeakers, the pool was shallower than it should have been. Which is exactly why the forthcoming Talisman R from Ruark stood out like a Chabad House in King’s Landing.

Plenty of six-figure systems flexing for Instagram, not nearly enough options for people who actually have to pay their mortgage or whose children can’t survive on a diet of char dogs from the Weiners Circle and Portillo’s — although a much thinner and younger version of myself did just that for almost a month back in 2000. Pickle spears and tomatoes count as salad for those who might be wondering.

portillos-char-dog

There were, however, some notable exceptions. Quad has something new cooking that we’re not quite ready to spill the mushy peas on yet. Paradigm showed off the new Premier Series v2, which looks like a serious play in the sane-price category. SVS continues to show up for people who want performance without selling a kidney. Acoustic Energy remains quietly consistent. And then there was this one—slightly under the radar, a little cagey on details, and far more interesting than it had any right to be.

The Ruark Audio Talisman R was one of the more surprising debuts at the show. It’s Ruark’s first floorstanding speaker in roughly two decades, which alone makes it worth paying attention. If pricing lands under $2,000 in the U.S. through Fidelity Imports, this could turn into a problem for some of the usual suspects who seem convinced the 25-40 crowd is just waiting for a pair of 80-pound floorstanders from France or Denmark; speakers that demand a small power plant for amplification and a quick organ sale to close the deal.

Ruark Talisman R floorstanding loudspeaker at AXPONA 2026
Ruark Talisman R (floostanding) and Sabre-R (stand-mount) Loudspeakers

Physically, it’s compact for a floorstander; about 85 cm tall, or roughly 33.5 inches, but it doesn’t come across as compromised. Ruark kept things close to the vest in terms of full driver details, with more expected when it shows in Vienna, but what was on display didn’t feel like a prototype. Fit and finish looked sorted. No rough edges, no “we’ll fix that later” energy.

In the room, driven by the Ruark R610, it came out swinging. Bold, crisp, and articulate without sounding thin. The soundstage pushed wider than expected, especially with electronic material, and it held its composure at volume. This isn’t a polite, sit-in-the-corner tuning. It has some bite.

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Ruark R610 at AXPONA 2026
Ruark R610 Music Console with R-CD100 CD Player

The Smart Money Choice vs. the Ego Buy

I wanted a pair within minutes, which is usually the only metric that matters. My ego keeps eyeing the ATC EL50 Anniversary Loudspeakers. My brain knows these are the smarter call.

What stuck with me is how flexible they felt. This isn’t a one trick demo speaker that only works in the room it was born in. It comes across like a blank canvas. You can shape it. I would not pair it with something lean or overly clinical. That feels like the wrong direction. It wants a bit of weight and drive behind it.

Think Lauren Bacall, but only after Humphrey Bogart already spotted her across the room and knew exactly what he was looking at. Cool, controlled, a little dangerous, and never trying too hard. The kind of presence that does not need to raise its voice to own the room. That is what this reminded me of. The Talisman R does not force a personality on you. It responds to what you give it.

ruark-talisman-sabre-r-axpona-2026

The finish lines up with the rest of Ruark’s range. Clean, understated, nothing trying too hard. My brain immediately went practical. Concrete slab risers in my new home office, nearfield-ish setup, something that looks right without screaming for attention.

Pairing options feel wide open. A strong tube integrated would be a great call, yes something like Unison Research. Marantz, Rega, Cambridge Audio, even the Quad 3 I just reviewed all make sense. Each would push it in a slightly different direction, and that is the appeal. 

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And here is the part that needs saying. There are not enough products like this getting attention. Too much focus on gloss and price tags that feel disconnected from reality. I have probably spent more time thinking about these than most of my peers. Fine by me.

If Ruark does not mess this up between now and September when they go on sale, this could be the steal of the year.

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Ford’s Mustang Cobra Jet sets a new EV quarter mile record at 6.87 seconds

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Ford Racing’s Mustang Cobra Jet 2200 just ran a quarter mile in 6.87 seconds at 221 mph at an NHRA event in Charlotte, setting a new world record for an EV. The run smashed Ford’s own previous EV record of 7.62 seconds, set by the Cobra Jet 1800 last September, by an impressive 0.75 seconds.

As the name suggests, Ford’s Cobra Jet 2200 puts a massive 2,200 horsepower to the wheels thanks to a newly designed electric motor and inverter combo. Ford elected to use two motors and inverters instead of four of each as before to reduce complexity and boost efficiency to 98 percent. Overall power is up by 600 horsepower, but the motors and inverters weigh half as much as before. Everything runs on a 900-volt architecture and 32 kWh battery that charges in 20 minutes, easily enough for the NHRA’s 45-minute turnaround rule.

The car has some unusual features for an EV like a clutch that lets the driver dump all the power to the road instantly for maximum acceleration. It also uses a multi-speed transmission that allows the car to run in its ideal power band through the duration of the run — reducing the quarter-mile time by up to a second, according to Ford. The battery design also allowed the team to tune weight distribution for optimal traction. Another racing touch is a pyrotechnic circuit breaker that can instantly break the high-voltage connection via a small explosive charge to align with NHRA safety rules.

Some of this tech, like the high-efficiency motors and 900 volt system, could conceivably trickle down to consumer vehicles. Unfortunately, Ford and other US automakers have significantly reduced their investment in BEV technology of late. Ford recently announced that it would reboot the F-150 Lightning as an EREV with a gas generator, while last week GM delayed its next-gen full-size EV pickups and SUVs — all in the face of rapidly rising gasoline prices.

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The future of TVs is bright, but I don’t think it’s MicroLED

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There are many white whales the TV world has tried to conquer over the years. With some, it’s managed to win the battle and bring those concepts to the mainstream market. Others have slowly but surely disappeared.

MicroLED finds itself somewhere in the middle of those two realities. Brands like to show it off as a concept of what the future of TVs in the home could look like. But often it’s a concept piece, as it was when Samsung showed off another MicroLED screen at CES 2026.

But could it move from concept to actual reality? I was invited to Harrods to see Hisense’s 136-inch MX MicroLED TV, and there’s now reason to believe it could exist beyond the show floors of consumer electronics events. But if it does, it’s also unlikely to make its way to your living room any time soon.

The long wait for MicroLED

Launched many, many, many years ago, MicroLED was championed by both Samsung and LG as the technology leading the charge for people’s homes, bringing the TV industry’s obsession with colour and brightness to higher heights.

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But instead of gathering pace, its momentum slowed. The technological promise seemed to smash into a cost and effectiveness barrier. Year after year, there were murmurings that MicroLED TVs could arrive sooner than you’d expect, but without any real timescale.

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Samsung MicroLED displaySamsung MicroLED display
Image Credit (Trusted Reviews)

Samsung’s The Wall threatened to become an actual TV, but every time Samsung made an announcement, it was conveyed in vague, nebulous terms. If memory serves, there was a mention of a 75-inch MicroLED being a possibility. Clearly, that never came to fruition.

Others have taken their MicroLED tech and pushed it towards B2B, with massive, modular screens for advertising and the like. But the promise of MicroLED seemed to have faded as TV manufacturers realised the promise of Mini LED as another avenue.

But Hisense is one of the few that’s persisted. The 136MXQTUK I saw is the first MicroLED TV I’ve come across outside of tech events or a company’s HQ. There, in the Harrods in Knightsbridge, you can head up a series of escalators, walk past the many weird and expensive kit that decks the floors and you’ll find one of the biggest TVs on the planet.

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In that sense, MicroLED has leapt from tech demo and wish fulfilment to something you can see and touch.

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But who is MicroLED for?

Hisense 136MX HarrodsHisense 136MX Harrods
Image Credit (Trusted Reviews)

But of course, MicroLED TVs come at a price, and it’s the cost that’s been the prohibitive factor to making it a mainstream proposition.

Hisense has made it its mission in recent years to become a leader in the market, whether it’s with Mini LED, RGB Mini LED or large screen sizes.

A good ten years ago when the Chinese brand first entered the UK market, they were a value-led proposition, a TV for those that didn’t want to spend too much. Over the years they’ve evolved, broadened their range and upped their quality. They’re still not up to the standard of a Samsung, a Sony or an LG, but they’re making steps to reach that level.

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And now they find themselves in Harrods, alongside the likes of Samsung, Sony and LG.

But who exactly is a MicroLED TV for? Now that it’s a thing, someone has to buy that thing, and the cash required is significant. We’re very far from Hisense being a value-led brand.

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At £120,000, the 136MXQTUK is for the few, not the many. A modular TV where Hisense’s installers come to your (lavish) home, or boat, penthouse – you get my point – and install it as you wait. With the frame going up first, filled by the modular pieces that make up the screen, it’s a process that apparently takes up to four hours to complete.

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This isn’t a TV likely to come down in price – there will not be any Black Friday discounts – nor do I think there’s going to be smaller sizes. The stage is set, and it’s a very large one, at an expense that makes it for the millionaire crew.

The scale of the screen is impressive in the flesh, and I have to commend Hisense’s persistence for making this a reality where others have stumbled – but in all honestly, I left Harrods in a mood unchanged from how I felt about MicroLED TVs at CES.

The picture quality wasn’t the best I’ve seen, and you could see the lines that marked each module, which is a distraction unless you’re watching from far away. You don’t want to see the seams, especially if you’re paying £120,000.

Perhaps it was the slightly dim setting of the venue, or the picture mode the TV was in (which seemed to be in Standard or Vivid), or the AI processing likely to have been used for a TV of this size, but it didn’t look as clear or as bright as I was expecting.

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Hisense 136MX Harrods DuneHisense 136MX Harrods Dune
Image Credit (Trusted Reviews)

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I expected to be wowed by the colours, depth and brightness, but I felt underwhelmed. It didn’t compare to what I’ve seen from Samsung and LG. There’s something about the colours that’s off to my eyes.

If I had won the Euro Millions, would I spend £120,000 on this TV? My answer would be that I’m not sure, which in itself is probably a ‘no’. Would I spend that amount on a Samsung MicroLED? Having seen it, I think it’d be more of a yes.

I can be a “bah, humbug” type of person, but there’s a whiff of 8K TV about MicroLED TV – a format where there’s just not enough enthusiasm about it, and where I think the excitement for it has naturally passed.

Hisense sees a clear and open path with MicroLED, one in which it believes it can make hay in, and good on them for taking the plunge. But I think the relative lack of interest from other TV brands is a sign that, while the future of TVs is bright and colourful, it’s no longer a MicroLED future.

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Power Systems Studies with Simulink and Simscape Electrical

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Power Systems Studies with Simulink and Simscape Electrical

This webinar explores how Simscape™ Electrical™ can be used to model and simulate power systems and power converters across different timescales. Using practical examples, we’ll move from quasi‑static studies such as 8760‑hour simulations to electromagnetic transient (EMT) simulations that include grid integration of inverter‑based resources.

The session demonstrates how simulation can be used to analyze system behavior and performance for modern, converter‑dominated power grids.

The models will be used to:

  • Analyse faults and explore network reconfiguration.
  • Assess system stability
  • Evaluate code compiance

Click ‘Watch Now’ to explore this webinar.

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Best iPhone Charger: Cable, Wireless, MagSafe, and More

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The best iPhone charger depends on several factors. Are you topping off your battery on the go? Do you want to charge your iPhone as quickly as possible? Are you charging it overnight on your nightstand? The best gear recommendation is going to change with the situation. Luckily, the WIRED Reviews team tests iPhone chargers in the field all year long. There’s not a day that goes by that at least one of us is not assessing at least one iPhone charger. I’ve gathered up our favorite picks for every scenario.

Be sure to check out our related buying guides, like the Best Power Banks, the Best 3-in-1 Chargers, and the Best Wireless Chargers.

Table of Contents

The Best iPhone Chargers

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Best Wall Charger for iPhone

Photograph: Julian Chokkattu

Anker

Nano 45W With USB-C Cable

This Anker charger is slick and has folding prongs so it’s easy to travel with, but the best part is that it can charge your phone at 40 watts (average is 20 to 27 watts). That means you can get up to 50 percent battery life in only 20 minutes. Not all iPhone models support charging this fast—it’s limited to iPhone 17, iPhone 17 Pro, and iPhone 17 Pro Max—but you may as well future-proof your gear if you’re shopping for a wall charger, even if your phone can’t take full advantage of those speeds yet.

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Best Power Bank for iPhone

Small rounded rectangular bright blue device beside a black rectangular device, both with strap handles.

We do recommend the Anker Laptop Power Bank as our top-pick power bank, but if you’re only trying to top off your iPhone, this is a very reliable and neat-looking power bank. It’s svelte, smaller than a deck of cards, and can deliver 20 watts to two devices at once. Nimble also makes a slightly larger version, which has a larger capacity and can charge at up to 65 watts. Aside from the cool design featuring speckled colors and a lanyard loop, Nimble also uses bioplastics, recycled materials, and minimal packaging. A USB-C charger is included in the box.

Best MagSafe Portable Charger for iPhone

Gear-Anker_MagGo_Qi2-SOURCE-Simon-Hill

Anker

MagGo Power Bank (10K) (Qi2)

This 10,000-mAh power bank can charge your device at up to 15 watts, but it’ll also charge older devices at a slower rate. It has a built-in kickstand and an LED display that lets you know how much power is left at a glance. It works in portrait or landscape modes. Be aware that it won’t be able to charge most phones fully more than once, but it’s hard to beat if you’re seeking wireless charging on the go. If you want a bigger capacity or faster charging, you don’t want MagSafe.

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Best 3-in-1 Charger for iPhone

Image may contain: Wood, Plywood, Electrical Device, Microphone, Furniture, Table, Hardwood, Tabletop, Person, and Desk

Belkin

3-in-1 Qi2 Charging Stand

The Belkin 3-in-1 can charge your compatible iPhone at 15 watts, plus your AirPods and your Apple Watch at the same time. The charging pad can be tilted to your preferred angle, including in landscape orientation if you want to watch a video or put your phone in StandBy mode. The USB-C cable is permanently attached, which you may or may not like. Check our best 3-in-1 chargers buying guide for additional picks.

Best 2-in-1 Charger for iPhone

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Image may contain: Electronics, and Speaker

Photograph: Louryn Strampe

Mophie

2-in-1 Wireless Charging Stand

I love a 3-in-1 charger as much as the next tech nerd, but sometimes they’re overkill. My Apple Watch battery usually lasts all day long, but I can chew through my older AirPods battery before my lunch break hits, and my iPhone battery might be depleted too, depending on whether or not I’m streaming Max Velocity off to the side. This 2-in-1 charger has been my steadfast desktop companion. Mophie makes another version that tops off your Apple Watch and iPhone instead of your headphones, which might be what you want if you’re rocking wired headphones or you’re making intense use of a walking pad throughout the day. There’s a 40-watt wall charger in the box—a rarity these days!—plus a USB-C cable that winds neatly into the base. It’s easy to adjust the angle of your iPhone as well, and I’ve found the base very sturdy. If you want to charge, but not necessarily all of the possible devices simultaneously, these might be what you seek.

Anker

Prime USB-C to USB-C Cable

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This braided nylon USB-C cable has a durable exterior made from recycled plastic. The cable is rugged, with Anker promising that it can operate in temperatures ranging from negative 40 degrees to 176 degrees Fahrenheit. It’s backed by a lifetime warranty. It’s got a built-in cable management loop. It’s more than enough cable for your iPhone. Read our guide to the Best USB-C Cables for more picks.

Ugreen

USB-C to Lightning Cable

If your iPhone is still rocking the Lightning cable, this is gonna be way better than whatever shoddy cable Apple sent you. It’s durable and is Made for iPhone-certified, so you won’t have any problems getting it to work. It comes in 3-, 6-, or 10-foot lengths with a two-year warranty. Best of all, the exterior casing will stay intact, unlike what you’d probably get with Apple’s cables.

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Google DeepMind to open its first AI campus in the world in Seoul

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Demis Hassabis met South Korean President Lee Jae Myung at Cheong Wa Dae on Monday and signed an MOU with the Ministry of Science and ICT. The campus will be operational this year. Hassabis accepted a request to send at least 10 Google engineers from US headquarters. He presented Lee with a Go board signed by himself and Lee Se-dol.


Google DeepMind will open an artificial intelligence campus in Seoul, South Korea, the first facility of its kind in the world for the company, after Demis Hassabis met South Korean President Lee Jae Myung at Cheong Wa Dae on Monday. Kim Yong-beom, the presidential chief of staff for policy, confirmed the agreement.

The Science Ministry and Google signed a memorandum of understanding on the campus at the Four Seasons Hotel in Seoul later the same day, with Minister of Science and ICT Bae Kyung-hoon and Hassabis in attendance. The campus is expected to open within 2026.

The MOU covers joint AI research in science and technology, AI skills development, and the responsible use of AI. Hassabis confirmed he would actively consider dispatching Google researchers to Korea.

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Kim quoted him directly: “The CEO instantly accepted our request to send at least 10.” The campus is intended to serve as a hub connecting Google engineers with South Korean startups, researchers, and industrial companies. 

The Ministry of Science and ICT framed it as a key element of Korea’s “K-Moonshot” project, which brings together AI and science capabilities to address major national challenges. South Korea has stated its intention to become one of the world’s top three AI powerhouses alongside the United States and China.

The choice of venue and timing carries specific symbolic weight. The 2016 match between Google DeepMind’s AlphaGo and Korean Go grandmaster Lee Se-dol took place at the Four Seasons Hotel in Seoul, the same venue where Monday’s MOU was signed.

AlphaGo’s 4–1 victory over Lee Se-dol in March 2016 is widely credited with catalysing the modern wave of investment in artificial intelligence by demonstrating that deep learning could surpass human expert performance in a domain of extreme complexity.

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Hassabis cited it explicitly during the meeting, noting that the AlphaGo match had “inspired many advances in AI, including its work in science like the AlphaFold system for protein folding.”

AlphaFold subsequently solved one of biology’s most important open problems: predicting the three-dimensional structure of proteins from their amino acid sequence.

The achievement led to Hassabis being jointly awarded the Nobel Prize in Chemistry in 2024. As a symbolic gesture, Hassabis presented President Lee with a Go board signed by himself and Lee Se-dol, marking the 10th anniversary of the match.

Hassabis also expressed interest in strengthening cooperation with major Korean companies including Samsung, SK Hynix, Hyundai’s Boston Dynamics, and LG, to start new joint projects.

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Those four names span the full breadth of Korea’s technology industrial base: Samsung and SK Hynix in semiconductors and memory (both critical to AI infrastructure), Hyundai’s Boston Dynamics in physical AI and robotics, and LG in consumer and enterprise electronics.

The campus, combined with these industrial partnerships, suggests Google is positioning Korea not just as a market for its AI products but as a node in its global AI development and hardware supply chain.

The announcement is consistent with a broader pattern of major technology companies seeking government-endorsed AI campus arrangements in Asia-Pacific democracies. Microsoft’s A$25 billion investment in Australia, includes similar elements: an MOU with the national government, infrastructure expansion tied to a national AI strategy, and skills training commitments.

The Seoul AI campus adds South Korea to a list of countries, alongside Australia, Japan, Singapore, and the United Kingdom, where Google DeepMind and its peers are embedding their AI development presence at the government-partnership level, rather than purely through commercial market entry.

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Hassabis also noted that countries like Korea, the UK, and Singapore urgently need to cooperate to build a broader framework for AI safety, pointing to the campus as part of a responsible AI agenda alongside the commercial and research dimensions.

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Meta inks deal for solar power at night, beamed from space

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The race to secure electricity for AI models has reached new heights: Meta has signed an agreement with the startup Overview Energy that could see a thousand satellites beam infrared light to solar farms that power data centers at night.

In 2024, Meta’s data centers used more than 18,000 gigawatt-hours of electricity—roughly enough to power more than 1.7 million American homes for a year—and its need for compute power is only increasing. The company has committed to building 30 gigawatts of renewable power sources, with a focus on industrial-scale solar power plants.

Typically, data centers turning to solar power must either invest in battery storage or rely on other generation sources to operate at night.

Overview, a four-year-old, Ashburn, Virginia, outfit that emerged from stealth in December, has a different solution: The company is developing spacecraft that collect plentiful solar power in space. It then plans to convert that energy to near-infrared light and beam it at sufficiently large solar farms—on the order of hundreds of megawatts—which can convert that light to electricity.

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By using a wide, infrared beam to power existing terrestrial solar infrastructure, Overview thinks it can sidestep the technological challenges and safety and regulatory issues that bedevil plans to transmit power to Earth through high-power lasers or microwave beams. CEO Marc Berte says you’ll be able to stare right into his satellite’s beam with no ill effects.

The technology would increase the return on investment from building solar farms and reduce reliance on fossil fuels — if it can be deployed at scale.

Overview says it has already demonstrated power transmission to the ground from an aircraft, and is planning to launch a satellite to low Earth orbit in January 2028 to perform its first power transmission from space.

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In today’s announcement, Meta said it signed the first capacity reservation agreement with Overview to receive up to 1 gigawatt of power from the company’s spacecraft, although it’s not clear if any money changed hands. Overview developed a new metric for this contract, megawatt photons, which is the amount of light required to generate a megawatt of electricity.

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Berte expects to begin launching the satellites that would fulfill that commitment in 2030, with a goal of flying 1,000 spacecraft in geosynchronous orbit, a high orbit in which each satellite remains fixed above the same point on Earth. He expects each of the company’s spacecraft to provide power from space for more than 10 years.

Once in space, Berte says the fleet of spacecraft will be able to cover about a third of the planet, with an initial deployment that will reach from the West Coast of the United States across to Western Europe. As the Earth rotates below and customer solar farms enter evening and night, Overview’s spacecraft should boost their electrical generation with additional light from space.

Berte sees opportunity in combining both generation and transmission, with the flexibility to deliver power to solar farms wherever and whenever it is most valuable.

“There’s a big difference between being in any one energy market, and being in all of the energy markets,” Berte told TechCrunch.

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ASML plans to build at least 60 EUV machines this year as AI chip demand surges

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ASML expects to produce at least 60 EUV systems this year, up sharply from 2025, with capacity rising to at least 80 systems annually in the next phase. At the same time, the firm is working to improve throughput, including upgrades that allow some machines to process more wafers per hour.
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Sereact raises $110 million to scale its AI that makes any robot adaptable

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The round is led by Headline, with new investors Bullhound Capital, Felix Capital, and Daphni. Valuation is undisclosed. Sereact’s vision language action models already run in BMW, Daimler Truck, and logistics customers. The $110M is more than four times the €25M Series A raised just 15 months ago.


Sereact, the Stuttgart-based AI robotics software company, has raised $110 million in a Series B round led by Headline, the international venture firm with offices in Berlin, San Francisco, and Paris. New investors Bullhound Capital, Felix Capital, and Daphni joined alongside several existing backers.

The company declined to disclose its valuation. Funds will be used to develop Sereact’s core AI model, one that “makes robots smarter and more adaptable to different tasks”, and to scale deployment across logistics, manufacturing, and, increasingly, humanoid robot platforms.

Sereact was founded in 2021 by Ralf Gulde (CEO) and Marc Tuscher (CTO), both former AI researchers, at the University of Stuttgart.

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The company’s technical approach is grounded in Vision Language Action Models (VLAMs): AI systems that combine computer vision, natural language understanding, and action planning into a single model, allowing robots to perceive their environment, interpret instructions, and execute physical tasks without requiring complex programming or environment-specific pre-training.

A robot picking a fragile object can, in principle, evaluate whether its planned grip will cause damage before its gripper closes.That capability is the meaningful differentiator in a market where most industrial robotics still operate on pre-programmed sequences that assume a controlled, predictable environment.

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Warehouses, manufacturing floors, and logistics facilities are not controlled environments: objects arrive in unpredictable orientations, packaging varies, and edge cases are constant.

Sereact’s software-first approach, explicitly positioned against the hardware-first strategies of most robotics companies, is designed to make robots adaptable to this variation without requiring engineers to reprogram them for each new object type or layout change.

In Gulde’s formulation from the Series A announcement: “with our technology, robots act situationally rather than following rigidly programmed sequences.”

The commercial record behind the Series B is substantive. Customers include BMW Group, Daimler Truck, the Dutch e-commerce fulfilment company Bol, and logistics specialists MS Direct and Active Ants.

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The deployment at automotive OEMs is editorially significant: BMW and Daimler Truck are not pilots or proof-of-concepts, they are production environments where the economic cost of a robot failure is measured in line stoppages.

Sereact’s technology reaching production at that tier of customer is the validation signal that distinguishes it from the large number of AI robotics companies still operating at the demonstration stage.

The funding trajectory makes the ambition of the round clear. Sereact raised $5 million in seed funding in 2023, €25 million (approximately $26 million) in a Series A led by Creandum in January 2025, and now $110 million in April 2026, a more than four-times step-up from the Series A in fifteen months.

Creandum’s Johan Brenner captured the investment thesis at the Series A: “most AI robotics companies are currently hardware-first. What sets Sereact apart is their software-first, foundational approach which means they have the potential to become the brain of any robot that requires vision and autonomous capabilities.”

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That thesis, a software-first robotics intelligence layer deployable across any hardware platform, is essentially the same thesis that has made Mobileye valuable in autonomous vehicles and that Nvidia is pursuing through its Isaac robotics platform: the idea that the highest-margin position in robotics is not the robot itself but the intelligence running it.

The broader market context is accelerating. Humanoid robot deployments by Figure AI, Boston Dynamics, and Unitree are moving from controlled tests to commercial production at warehouse and manufacturing customers.

The global humanoid robot market, valued at under $1 billion in 2023, is projected to exceed $38 billion by 2030. Tesla’s Optimus production ramp, targeting volume output from July 2026, will require robotics intelligence software at scale.

Sereact’s explicit intention, stated at the Series A, to expand beyond logistics into humanoid robot platforms positions it to compete for that market. The $110 million Series B is the capital raise that makes that expansion credible.

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Samsung’s First Cell Phone Is Older Than You Probably Think

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Samsung has come a long way from its humble beginnings as a grocery trading store all the way back in 1938. In addition to being a household name in the appliance world, the brand has become synonymous with mobile phones. Among the major moments in the history of Samsung Mobile is the introduction of the very first Samsung cell phone, which happened way earlier than you might think. While it took until the 1990s and 2000s for handheld mobile phones to truly boom, the first Samsung cell phone was slightly ahead of the curve, debuting in 1988.

Dubbed the Samsung SH-100, this blocky, antennaed phone isn’t much to look at by modern standards. However, it has earned its place in history as not only Samsung’s first foray into the cell phone market, but as the first cell phone ever produced by a South Korean company. It was shown off for the first time during the Seoul summer Olympics, but this major spotlight didn’t translate to incredible sales success. Estimates place the sales numbers on the SH-100 at a mere few thousand units, which is hardly a strong start for Samsung’s cell phone endeavors.

Despite this, Samsung has gone on to become a hugely successful entity in the phone world. Not only is this remarkable given the SH-100’s rocky start, but also because of the less than stellar performance of its even more antiquated predecessor.

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While dated, the SH-100 was a huge step up for mobile phone technology

Even with its lack of exciting features and bulky design, the SH-100 is a key player in the history of Samsung mobile phones. It set the stage for future advancements from the company in the following years, such as the release of the world’s first MP3-enabled phone, the Samsung SPH-M2500 in 1999, and Samsung’s first foray into the world of Android, the Galaxy S, which hit the market in 2010. Of course, it’s entirely possible none of these and others would have come to fruition had it not been for the first Samsung phone, the only-somewhat-mobile SC-1000.

Yes, on a technicality, there’s a mobile phone made by Samsung before the SH-100, but calling it a true mobile phone is a stretch. The SC-1000, which released in 1985, was an old school car phone meant to be used while on the move. It couldn’t leave the vehicle, and it was quite cumbersome in size and shape. That’s to say it wasn’t a huge hit and ultimately fizzled out, along with the wider car phone trend, as the 21st century approached and cell phone technology advanced. Still, car phones are a key step in the stunning transformation of cell phones throughout the years, and the SC-1000 was needed to reach the SH-100 and phone models beyond.

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Samsung’s SH-100 is a dinosaur from a 2026 perspective, but its place in phone and communication history can’t be denied. It wasn’t the most successful model Samsung has ever seen, but it endures as a major advancement for the company all the same.



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