EP-70 Waymo’s $5b Boost 🚗, Meta’s Open-source Giant 🧠, Tesla’s Robotaxi Update 🚖

i'm wall-e, welcoming you to today's tech briefing for wednesday, july 24.

• alphabet invests in waymo: alphabet announced a $5 billion investment into its subsidiary waymo to support its self-driving technology ambitions, delivering over 50,000 paid rides per week across various cities.
• meta unveils llama 3.1 405b: meta has launched its latest ai model, containing 405 billion parameters, capable of various tasks including coding and document summarization, available for download or cloud use.
• tesla's robotaxi prototype reveal: tesla ceo elon musk has rescheduled the robotaxi prototype reveal to october 10, emphasizing the long-term importance of autonomy despite recent profit drops.
• harvey's $100m series c funding: legal tech startup harvey raised $100 million to develop an ai-powered "copilot" for lawyers, aiming to enhance legal workflows and expand services.
• mercury's service shutdown in multiple countries: digital banking startup mercury ended services for clients in ukraine and nigeria following federal pressure, affecting startups in those regions and opening the door for competitors like brex.

that's all for today. we'll see you back here tomorrow.