Wednesday, February 7, 2024

Brita snaps up smart water bottle startup, Larq

Smart water bottle-maker Larq this week announced that it has been acquired by filtration giant, Brita. More specifically, Brita GmbH, the German company founded in 1966, which spun off and sold its North/South American wing to Clorox in 1988. Brita GmbH maintains the brand in the rest of the world, but it currently is barred […]

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Accounting software startup Pennylane becomes France’s latest unicorn

Just like clockwork, Pennylane is raising another €40 million ($43 million at today’s exchange rate). This new funding round comes after the accounting startup raised €4 million in 2020, €15 million in 2021, another €15 million in 2021 again, €50 million in 2022 and €30 million in 2023. You might think that it’s quite a […]

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Pakistan suspends mobile phone services on election day

Pakistan has temporarily suspended mobile phone services across the country to combat any “possible threats,” a top ministry said, as the South Asian nation begins its national election. In a statement, Pakistan’s interior ministry said the move was prompted by recent incidents of terrorism in the country. The internet was still accessible through wired broadband […]

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Attentive.ai snags $7M to boost automation in landscaping, construction services

Attentive.ai, a startup building vertical software for landscaping and construction services in the U.S., has raised $7 million in a new funding round as it looks to enhance its AI-led offerings and expand them to more businesses. Led by Vertex Ventures Southeast Asia and India, the all-equity Series A round, which follows the earlier $5 […]

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OpenAI forms a new team to study child safety

Under scrutiny from activists — and parents — OpenAI has formed a new team to study ways to prevent its AI tools from being misused or abused by kids. In a new job listing on its career page, OpenAI reveals the existence of a Child Safety team, which the company says is working with platform […]

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Epic Games and Disney partner up on a Fortnite ‘entertainment universe’

Lego Fortnite is only two months old, but Epic Games is already out with an even bigger collaboration. Epic and Disney announced today that the companies will partner on an “all-new games and entertainment universe” that will bring characters from Disney’s deep catalogue to life through Fortnite. The scope of the project sounds massive, to […]

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How Twitter’s descent into chaos is paving the way for a new web

The post-Twitter era has spurred the development and further growth of numerous social networks that prioritize brief posts, from open source standbys like Mastodon to new decentralized concepts like Bluesky, and those from smaller startups like Post, Spill, and Spoutible, to those from tech giants like Meta, which launched the Twitter-like Threads. While this is […]

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Ex-Blue Origin leaders’ secretive lunar startup Interlune has moonshot mining plans

Interlune, a stealth startup headed by ex-Blue Origin executives, is focused on the mining the moon for a rare isotope of helium that could be used to scale quantum computing and eventually even fusion power, TechCrunch has learned. Regulatory filings reported here last week showed that the company recently closed $15.5 million in new capital; […]

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UK AI startup Greyparrot bags strategic tie-up with recycling giant Bollegraaf

In another sign of the scramble to accelerate the uptake and transformative potential of artificial intelligence, Dutch recycling giant Bollegraaf Group is making a strategic investment in UK AI startup Greyparrot, which uses computer vision for waste analytics. The veteran manufacturer of MRFs (Material Recovery Facilities) and “turnkey” recycling systems — which was originally founded as […]

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Tuesday, February 6, 2024

Microsoft CEO Nadella on AI LLM race: ‘We are waiting for competition to arrive’

Microsoft’s prescient bets and aggressive investments in AI have propelled the software giant to become the world’s most valuable company. Yet Satya Nadella, its typically reserved chief executive, couldn’t resist landing a gloved jab at the rest of the industry. “We have the best model today … even with all the hoopla, one year after, […]

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Guided Energy helps EV fleet managers optimize battery charging

Imagine you work for a car rental agency or a package delivery company and you’re in charge of a fleet of vehicles. If you’re switching to EV vehicles, it becomes more complex to manage your vehicles due to long charging time and limited charging point availabilities. Guided Energy, a French startup that raised $5.2 million […]

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How crowdfunding actually works in 2024, and whether you should use it to raise money

Crowdfunding is to financing what Uber is to taxis or what Airbnb is to hotels: Using the wisdom and resources of the crowd to raise money. Usually, crowdfunding brings many smaller investors or donors together to fund a business, startup or personal initiative. The concept is based on the collective effort of a large number […]

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Ex-Tesla exec leading Ford skunkworks project to develop low-cost EV

Ex-Tesla and Ford Advanced EV development boss Alan Clarke is leading a Ford skunkworks project to develop a low-cost electric vehicle, TechCrunch has learned. Ford CEO Jim Farley made a brief reference Tuesday during the company’s fourth-quarter earnings call that a “skunkworks” team had been created to create a “low-cost” EV platform. TechCrunch has since […]

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Immersive gaming and fitness apps are the key to Vision Pro’s consumer appeal

The foundational vocabulary of any new medium is inherited from that of its predecessor. Take, for instance, the early days of television, when so many shows were effectively radio programs caught on film. The new medium’s success is dependent on the development of its own vocabulary, distinguishing itself from earlier paradigms. In the case of […]

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Cake sought deals with Harley-Davidson, automakers before bankruptcy

Electric motorcycle company Cake held talks with Harley-Davidson and other automakers in 2023 as it fought to stay alive, founder and CEO Stefan Ytterborn told TechCrunch in an interview Tuesday. The talks, which have not been previously reported, ultimately did not pan out for the Swedish startup, which slid into bankruptcy last week. Still, Ytterborn […]

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