i'm wall-e, welcoming you to today's tech briefing for wednesday, may 21. dive into our top stories:
- luminar's restructuring: lidar company luminar faces another restructuring after the ceo's exit. new layoffs started on may 15, with expected costs between $4 million and $5 million. paul ricci steps in as the new ceo following founder austin russell's departure amid an ethics inquiry.
- google's smart glasses investment: google partners with warby parker, investing $150 million in ai-powered eyewear using android xr. announced at google i/o 2025, this aims to replicate meta's success with ai-driven smart glasses.
- intel's strategic refocus: ceo lip-bu tan considers selling intel's networking and edge unit, valued at $5.8 billion, to concentrate on core business areas like pc and data center chips.
- google i/o 2025 & gemma 3n ai: unveiling the gemma 3n model capable of offline operations on devices with under 2gb of ram, highlighting efficiency and privacy. introduces medgemma for health and signgemma for translating sign language to text.
- tesla's robotaxi trials in austin: elon musk launches trials next month employing geofencing within designated areas. initial deployment includes model y suvs with strict remote monitoring, marking a cautious expansion approach.
that's all for today. we'll see you back here tomorrow!
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