TRAVIS KALANICK'S ROBOTICS COMPANY RAISES $1.7B, LED BY A16Z

Summary from the TLDR newsletter

Travis Kalanick's robotics company, Atoms, has raised $1.7 billion in a funding round joined by Uber, reconnecting Kalanick back with the company he founded. Atoms is a rebranded holding company created from a ghost kitchen project Kalanick has been working on since he resigned from Uber. Kalanick has yet to go into specifics about what he wants to build with Atoms, but he has indicated he wants to build a wheelbase for robots and make everyone more productive. A large portion of the funding will likely go toward hiring.