Hugging Face just launched Reachy Mini, an open source AI robot with big googly eyes and not much utility, and that’s kind of the charm. On this episode of Equity Kirsten Korosec, Max Zeff, and Anthony Ha break down the bot's debut, why it’s giving Seinfeld energy, and what it says about the future of open source hardware.

Listen to the full episode to hear more news from the week, including:

• Grok’s wild week and Linda Yaccarino’s abrupt exit from X
• How Rivian’s micromobility spinoff, Also, snagged another $200 million to build e-bikes, even though it hasn’t launched a product yet. 
• LangChain reportedly closing a new round that would push its valuation to $1 billion, thanks in part to a pivot toward monetizing its developer tools

Equity will be back next week, so stay tuned!

Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday. 

Subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. 

Credits: Equity is produced by Theresa Loconsolo with editing by Kell. We’d also like to thank TechCrunch’s audience development team. Thank you so much for listening, and we'll talk to you next time.

Learn more about your ad choices. Visit megaphone.fm/adchoices