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Technology

Secretive hardware startup Humane’s first product is the Ai Pin

Humane, the startup launched by ex-Apple design and engineering duo Imran Chaudhri and Bethany Bongiorno, today revealed details about its first product: The Humane Ai Pin. It’s been a long time coming. Humane has kept its work more or less…

Technology

Korea’s Alwayz aims to make online shopping fun again with $46M in funding

Seoul-based e-commerce company Levit, an operator of the shopping app Alwayz, wants to make the shopping experience more entertaining and affordable. The two-year-old startup has recently raised $46 million in a Series B round of funding led by DST Global…

Technology

FTC reportedly finalizing its biggest Amazon antitrust case yet

The moment Amazon feared when FTC Chair Lina Khan was appointed may soon arrive: Bloomberg reports that the agency is putting the final touches on its most substantial antitrust case against the tech giant, and could file suit in the…

Technology

Fund of funds are starting to play a different role for venture LPs

Fund of funds (FoF) were created to serve as a bridge for LPs to get access to managers they couldn’t back otherwise. But in an environment where funds are not seeing consistent support from their existing LPs, and there are…

Technology

11 VCs reveal how hard it was for their startups to fundraise in H1 2023

Everyone knows that raising venture capital has been harder for startups lately — unless you are building an AI startup, of course. But instead of only talking to founders, we’re flipping the script today. We wanted to hear from investors…

Technology

How confidential computing could secure generative AI adoption

Ayal Yogev Contributor Share on Twitter Ayal Yogev is the co-founder and CEO of Anjuna, a multi-cloud confidential computing platform. Generative AI has the potential to change everything. It can inform new products, companies, industries, and even economies. But what…

Technology

Brex refocuses on startups with hire of SVB veteran, ex-a16z operating partner

Just over one year ago, spend management decacorn Brex declared that it was “less suited to meet the needs of smaller customers” in an announcement that caused shock waves in the startup community. While Brex soon clarified that by smaller…

Technology

Visa acquires Brazilian fintech startup Pismo in $1B blockbuster deal

Credit card giant Visa is acquiring Brazilian payments infrastructure startup Pismo for $1 billion in cash in what is likely one of the largest fintech M&A deals taking place this year so far. Founded in 2016 by Juliana Motta (CPO),…

Technology

Spire and OroraTech will launch a fleet of wildfire-monitoring satellites

The past few wildfire seasons in the United States and Canada have been some of the most memorable — and dangerous — on record. But despite the billions of dollars that each government pours into fighting fires, first responders are…

Technology

TuSimple may sell US business as it turns attention to Asia

Self-driving truck developer TuSimple may sell its U.S. business, the company said in a regulatory filing Wednesday. TuSimple, which is on the verge of being delisted from the Nasdaq stock exchange for failing to file two quarterly reports, said it…

Technology

Celestial AI raises $100M to transfer data using light-based interconnects

David Lazovsky and Preet Virk, technologists with backgrounds in semiconductor engineering and photonics, came to the joint realization several years ago that AI and machine learning workloads would quickly encounter a “data movement” problem. Increasingly, they predicted, it would become…

Technology

OpenAI’s ChatGPT app can now search the web — but only via Bing

ChatGPT on mobile can now surf the web. But only via Bing. Today, OpenAI announced that subscribers to ChatGPT Plus, the premium version of the company’s AI-powered chatbot, can use a new feature on the ChatGPT app called Browsing to…

Technology

‘Only human creators’ can win a Grammy, but AI isn’t totally forbidden

We are only scratching the surface of how artificial intelligence might be used in art, and musicians are already experimenting with the technology. But if their AI-assisted composition is to be eligible for a Grammy, they’ll need to make sure…

Technology

Zoox begins testing robotaxis on public roads in Las Vegas

Amazon subsidiary Zoox has begun testing its purpose-built, electric, autonomous robotaxis on public streets in Las Vegas, the company announced Tuesday. Zoox says this marks the first time that an autonomous vehicle built without pedals or a steering wheel has…

Technology

Despite EV delivery delays, Faraday Future raises $90M to stay afloat

Faraday Future has managed to raise $90 million from existing investors to help it get its much-delayed FF 91 luxury electric SUV to production and delivery. Faraday’s investors will also accelerate an existing commitment of $15 million, the EV company…

Technology

Mercedes brings F1 technology to the AMG S 63 E Performance

“Win on Sunday, sell on Monday.” That was the popular marketing adage when motorsports and car sales were intricately intertwined. While a podium finish these days doesn’t necessarily translate into a bump in sales — with many consumers being more…

Technology

Kindred Ventures foresees a ‘massive explosion of startups’ courtesy of AI

Last week, we talked with Kindred Ventures, a small, nine-year-old, San Francisco-based early-stage venture firm that, despite investing in a lot of nascent startups — more than 100 to date — takes a generalist approach, investing in AI, climate tech,…

Technology

Decentralized social networking app Damus to be removed from App Store, will appeal decision

Damus, a decentralized social networking app backed by Twitter co-founder Jack Dorsey, will be removed from the App Store due to Apple’s strict payment rules. Apple had threatened to remove Damus earlier this month over the app’s tips feature, claiming…

Technology

Max Q: Welcome to the era of MaaS (microgravity-as-a-service)

Hello and welcome back to Max Q! In this issue: Atmos Space Cargo’s research and manufacturing space capsule Another anomaly hits Launcher’s Orbiter space tug News from NASA, and more Atmos Space Cargo is building return capsules for in-space research…

Technology

Unicorn social app IRL to shut down after admitting 95% of its users were fake

Ironically, the social app IRL‘s users do not exist in real life. An internal investigation by IRL’s board of directors found that 95% of the app’s reported 20 million users were “automated or from bots,” The Information first reported. So,…