Southeast Asian credit fintech Kredivo scores $270M Series D

The funding landscape in Southeast Asia is still wintery, but one fintech managed to land a major round. Kredivo Holdings, which offers credit services to underbanked consumers in Indonesia and Vietnam, has raised $270 million in what it says was an oversubscribed Series D. The round was led by Japanese bank Mizuho Bank, a subsidiary […]

Southeast Asian credit fintech Kredivo scores $270M Series D by Catherine Shu originally published on TechCrunch

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Epic launches Unreal Editor for Fortnite, will give 40% of all revenue to creators

Epic Games announced a new system for paying creators on Fortnite, the ultra-popular, free-to-download battle royale game. Announced on Wednesday at the Game Developers Conference, Epic will now share 40% of Fortnite revenue with anyone who design “islands” in the game. This includes money that Epic earns from the purchase of V-Bucks (in-game currency), real […]

Epic launches Unreal Editor for Fortnite, will give 40% of all revenue to creators by Amanda Silberling originally published on TechCrunch

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Adobe’s thoughts on the ethics of AI-generated images (and paying its contributors for them)

“We’re at a tipping point where AI is going to break trust in what you see and hear — and democracies can’t survive when people don’t agree on facts. You have to have a baseline of understanding of facts,” Dana Rao, Adobe’s general counsel and chief trust officer, told me. And while that’s not necessarily a new observation, […]

Adobe’s thoughts on the ethics of AI-generated images (and paying its contributors for them) by Frederic Lardinois originally published on TechCrunch

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Daily Crunch: GitHub CEO says new code completion tool ‘brings the fun back to programming’

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: GitHub CEO says new code completion tool ‘brings the fun back to programming’ by Christine Hall originally published on TechCrunch

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Coinbase stock drops after SEC Wells notice, a possible prelude to ‘enforcement action’

American crypto giant Coinbase received a Wells notice today from the Securities and Exchange Commission (SEC). In the wake of Coinbase’s filing regarding the Wells notice, shares of the company are off sharply in after-hours trading. Per a Coinbase SEC filing regarding the matter, the company writes that the government agency’s staff has “advised the Company […]

Coinbase stock drops after SEC Wells notice, a possible prelude to ‘enforcement action’ by Alex Wilhelm originally published on TechCrunch

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Beloved hacking veteran Kelly ‘Aloria’ Lum passes away at 41

Kelly Lum, better known in hacking circles as Aloria, passed away on Sunday. Aloria was a veteran of the cybersecurity community, especially the one in New York, her home for many years. The Twitter account of the New York City security conference SummerCon announced her death on Monday, prompting a seemingly endless list of people […]

Beloved hacking veteran Kelly ‘Aloria’ Lum passes away at 41 by Lorenzo Franceschi-Bicchierai originally published on TechCrunch

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Europe tools up for the repairable future

The European Commission has laid out another piece of its Circular Economy Action Plan today — adopting a proposal to set common EU rules which are intended to make it easier for consumers to get faulty products repaired. The “right to repair” measures are aimed at reducing e-waste by preventing repairable products from being prematurely […]

Europe tools up for the repairable future by Natasha Lomas originally published on TechCrunch

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Ask Sophie: Which visas will allow us to expand our startup in the US?

We really need to be on the ground to interview our ideal users in the U.S. What visas will allow us to do that?

Ask Sophie: Which visas will allow us to expand our startup in the US? by Jenna Routenberg originally published on TechCrunch

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Shadow wants to make game demos cool again with cloud computing

Shadow is introducing some new use cases for its cloud computing service at the Game Developers Conference. In particular, the company wants to partner with game publishers so that they can create virtual booths to showcase game demos. While Shadow now offers several services, the company is better known for its cloud computing service for […]

Shadow wants to make game demos cool again with cloud computing by Romain Dillet originally published on TechCrunch

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Magic Eden launches Bitcoin marketplace as Ordinal inscriptions continue to grow

Magic Eden, one of the largest cross-chain NFT platforms, launched a Bitcoin marketplace for digital artifacts, the company shared on Tuesday. “We are already a multichain platform and believe that adding Bitcoin will connect us to a deep community of people and a rapidly growing collectibles market thanks to Ordinals,” Zhuoxun Yin, COO and co-founder […] Magic Eden launches Bitcoin marketplace as Ordinal inscriptions continue to grow by Jacquelyn Melinek originally published on TechCrunch
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Daily Crunch: Bing allows users to generate images using ‘very latest DALL-E models’

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Daily Crunch: Bing allows users to generate images using ‘very latest DALL-E models’ by Christine Hall originally published on TechCrunch

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Bionic Health raises $3M for its AI health clinic using GPT-4 and other ML models to design better preventative care

The worlds of technology and medicine are making big bets on AI playing a central role in the delivery of healthcare in the future. Today a startup out of Durham, NC, called Bionic Health —  built by two early movers in the commercializing of AI — is throwing its hat into that ring to build […]

Bionic Health raises $3M for its AI health clinic using GPT-4 and other ML models to design better preventative care by Ingrid Lunden originally published on TechCrunch

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Nvidia partners with Google Cloud to launch AI-focused hardware instances

In partnership with Google, Nvidia today launched a new cloud hardware offering, the L4 platform, optimized to run video-focused applications. Available in private preview on Google Cloud through Google’s G2 virtual machines, Nvidia says that the L4 platform is designed to accelerate “AI-powered” video performance. Serving as a general-purpose GPU, L4 delivers video decoding as […]

Nvidia partners with Google Cloud to launch AI-focused hardware instances by Kyle Wiggers originally published on TechCrunch

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Amazon kills DPReview, the best camera review site on the web

After 25 years of extremely detailed reviews of digital cameras and accessories, the irreplaceable DPReview is being shut down by Amazon as the company proceeds with a new round of layoffs. DPReview was founded in 1998 in England, and bought by Amazon in 2010, which relocated the team to Seattle to be closer to its […]

Amazon kills DPReview, the best camera review site on the web by Devin Coldewey originally published on TechCrunch

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Making more mammoths with Ben Lamm from Colossal

Welcome back to Found, where we get the stories behind the startups. This week Darrell and Becca are joined by Ben Lamm, the founder and CEO of Colossal, a genetics startup that looks to bring extinct species back to life to help with environmental conservation efforts. Ben talked about how he got to this point […]

Making more mammoths with Ben Lamm from Colossal by Rebecca Szkutak originally published on TechCrunch

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