The UK has exited the European Union, but semiconductor development is emerging as one of the areas where it hopes to partner for better economies of scale — and much-needed funding. Today, the government announced that it was joining up with the EU’s “Chips Joint Undertaking” as a “participating state” so that organizations in the […]
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The House voted on Wednesday in favor of a bill to require TikTok to sever its connection with parent company ByteDance or face a ban, moving the legislation forward with surprising speed. President Joe Biden has already said that he would support the legislation, but TikTok faces an uncertain fate as the bill heads to […]
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AI models that play games go back decades, but they generally specialize in one game and always play to win. Google Deepmind researchers have a different goal with their latest creation: a model that learned to play multiple 3D games like a human, but also does its best to understand and act on your verbal […]
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Spotify is adding music videos to its mobile and desktop apps in some markets. They are tightly integrated with the company’s music library as the streaming giant lets you seamlessly switch between audio and music videos in its mobile and desktop apps. However, music videos are only available in beta in 11 select markets for […]
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Kolet is a new French startup created by four experienced co-founders in the French tech ecosystem that wants to make it easier to stay connected when you travel. The company has crafted an interesting distribution strategy for travel eSIM cards and simplified the experience as eSIM remains a confusing technology for most people. Chances are […]
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Teachers’ Venture Growth, the late-stage venture and growth investment arm of Ontario Teachers’ Pension Plan, is investing $80 million in Perfios, an Indian fintech that provides real-time credit underwriting solutions to banks and other financial institutions. The new investment values Perfios at a valuation of over $1 billion. 15-year-old Perfios, which raised a $229 million […]
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Google announced a bunch of new features for Google Play listings for games including AI-powered FAQs, displaying the latest YouTube videos, new immersive ad formats, and support for native PC game publishing. These announcements were made at the Google Games Developer Summit held at San Fransisco. As part of the announcement, the company is releasing […]
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Investors know that most startups fail, but something that may be less understood is how few mobile apps actually make money. According to a new analysis of the subscription app economy from mobile subscription toolkit provider RevenueCat, the top 5% of apps generate 200 times the revenue of the bottom quartile after their first year, […]
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A young startup is setting out to help enterprises cut their cloud costs by writing “more efficient” code — and it has secured $6.8 million in fresh funding from notable backers including Alphabet’s GV, Spark Capital, and Lightspeed. Polar Signals, as the company is called, kicked off its seed round back in 2021 with $4 […]
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Decentralized Twitter/X rival Bluesky is adding to its ranks by scooping up a member of its developer community. London-based software engineer Samuel Newman, who built the well-received third-party Bluesky client, Graysky, is joining the startup, where he will now help develop Bluesky’s official app along with the rest of the frontend team. Given his change […]
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Autonomous vehicle software company Applied Intuition has raised $250 million in a round that values the startup at $6 billion, as it pushes to bring more artificial intelligence to the automotive, defense, construction and agriculture sectors. The eye-popping funding round is the latest example of investor fervor for AI. Applied Intuition appears to have nailed […]
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UK-based Ada Ventures is an unusual VC. Instead of just talking about SaaS or AI, it hunts down founders addressing inclusivity and diversity. Instead of confusing LPs with this methodology, it’s attracted them, thus hitting the $80 million mark for the final close of its second fund (it reached $44.7 million as its first close […]
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France-based startup Nijta, whose flagship product Voice Harbor anonimizes voices for AI, raised €2 million in funding from various sources, including deep tech VC fund Elaia.
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