Monday, October 23, 2023

Byju’s CFO quits in seven months

Ajay Goel, who joined Byju’s as CFO in April this year, has already quit the edtech giant, the two said Tuesday. Goel will leave the firm after “completing the audit formalities” for the financial year ending March 2022 and return to mining conglomerate Vedanta, Byju’s said. Byju’s said it has appointed industry veteran Pradip Kanakia […]

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Two years after pausing service, Roblox China cuts a small number of staff

Roblox China was once full of promise. Since its localized platform, which is a joint effort with Tencent, abruptly halted operation nearly two years ago, the company has been quiet about its standing in the world’s second-biggest gaming market until now. TechCrunch learned that Roblox China, also called LuoBu (罗布乐思), initiated a round of layoffs […]

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Smart upcycling machine dissects batteries to save them

Circu Li-ion cofounder and CEO Antoine Welter says his startup’s upcycling machine can diagnose batteries in seconds. “We know exactly which cell can be reused and which one can’t,” he told TechCrunch on Monday. Circu Li-ion is in the business of saving usable battery cells from shredders. The Luxembourg startup’s machine identifies batteries by their […]

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Singapore-based Qosmosys closes $100M seed round to develop tech for the moon

Singapore-based Qosmosys has closed an astonishing $100 million seed round to develop its lunar lander tech. The company did not disclose its investors, nor did a Qosmosys spokesperson respond to TechCrunch’s email. In a press release published to its website, the startup simply said that it practices a “unique and protective funding model.” “The structure […]

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AI-based data center optimization startup MangoBoost raises $55M Series A

The central processing unit (CPU) and the graphics processing unit (GPU) handle different types of data. The CPU is used in almost all devices including computers, cellphones, tablets, smartwatches and TVs. It deals with processing general information on the device, making sure software is running correctly. While the GPU  complements the CPU, it handles complex […]

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Apple’s job listings suggest it plans to infuse AI in multiple products

Apple seems to be finally getting serious about infusing generative AI into its products — both internal and external — after announcing a solitary “Transformer” model-based autocorrect feature on iOS 17 earlier this year. The company has shared several job opportunities listing out specific needs for generative AI in the last few weeks. For instance, […]

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10 editor-tested travel gifts for frequent fliers

I don’t know about you, but I’ve been traveling a lot this year. In fact, I’ve been back to my 2019 levels of travel, which has been a breath of fresh air after being pandemic-grounded for a couple of years. I like to return to this list every time TechCrunch does a gift guide. It’s […]

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Reliance nears deal to acquire Disney’s India business, report says

Reliance is nearing a deal to acquire Disney’s India business, according to a report, as Mukesh Ambani’s oil-to-telecom empire eyes broadening digital and television assets. Disney values its India business at about $10 billion, whereas Reliance views the assets at between $7 billion to $8 billion, the Monday Bloomberg News report said. A deal could […]

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Tinder’s app gets more social by letting friends play matchmaker

Dating app users will often sit with friends as they swipe through their matches in order to gain feedback, or even hand over their phone and let their friends swipe for them. Now, that real-life experience is becoming a part of Tinder’s product, as the company today is introducing a new feature called Tinder Matchmaker […]

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While tech companies play with OpenAI’s API, this startup believes small, in-house AI models will win

ZenML wants to be the glue that makes all the open-source AI tools stick together. This open-source framework lets you build pipelines that will be used by data scientists, machine-learning engineers and platform engineers to collaborate and build new AI models. The reason why ZenML is interesting is that it empowers companies so they can […]

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Is Plaid’s potential IPO a sign of fintech turning a corner?

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! Unfortunately we can’t make it to Money20/20 next week. But we have no doubt that we’re going to […]


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Sunday, October 22, 2023

Peak XV’s latest Surge batch is 77% AI and deeptech startups

AI and other deep technologies are the prevailing themes in the new early-stage cohort from Peak XV Partners, as the largest India and Southeast Asia-focused VC fund intensifies its search for opportunities in a sector garnering international frenzy. Ten out of 13 startups in the latest cohort of Surge, Peak XV’s powerfully influential early-stage program, […]

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Rivian R1T is the first EV to win the longest off-road competition in the US

Motorsports and off-road competition isn’t the typical fodder over here at TechCrunch — unless, of course, there also happens to be a podium-winning team driving an all-electric 2023 Rivian R1T. The Rebelle Rally, the longest off-road map-and-compass rally in the United States, wrapped up Friday evening with a new EV milestone under its belt. This […]

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