Jeff Bezos Backs Secretive EV Startup Amid Lucid's Acquisition of Nikola Assets at Google Cloud Next

Jeff Bezos has financially backed a secretive electric vehicle (EV) startup, distinguishing his approach from competitors in the industry. This support comes amid a broader context of innovation in the EV sector, highlighted by recent activities from Lucid Motors, which has acquired assets from Nikola. The developments were reported during the TechCrunch Mobility coverage and are part of a week filled with news from the tech world, including showcases at the Google Cloud Next event, where companies like L’Oréal, NVIDIA, and Deutsche Bank discussed the transformative potential of generative AI across various industries. The week also included discussions on the challenges faced by startups as they prepare for initial public offerings (IPOs).