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Boeing is selling three of its electric vertical takeoff and landing (eVTOL) subsidiaries to Archer Aviation, in addition to taking an undisclosed stake in the San Jose-based company. The subsidiares to be acquired by Archer include Wisk Aero, which has been developing an autonomous electric aircraft; SkyGrid, which is building air traffic management systems to be used by urban air taxis; and Insitu, which makes high-altitude drones used by the US Navy. As part of the deal, Boeing and Archer will share technology and Boeing will retain access to Wisk's autonomous flight systems for its current and next-gen commercial and defense projects. … Read the full story at The Verge.
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. AI for science needs reasoning, not just data —Eric Schmidt, the former CEO of Google and the cofounder of Schmidt Sciences, and Suhas Mahesh, who leads the AI for science work…
Discovered Materials raised $9 million to fund the hunt for more novel materials to build more efficient chips.