Thursday, March 14, 2024

Apple acquires AI startup specializing in overlooking manufacturing components

on 9:18 PM in features, Tech News with No comments

Apple has added another AI startup to its acquisition list with Canada-based DarwinAI, which specializes in vision-based tech to observe components during manufacturing to improve efficiency, Bloomberg reported. While Apple or DarwinAI haven’t announced this deal, several members of the startup’s team joined Apple’s machine learning teams in January, as per their LinkedIn profiles. DarwinAI […]

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Paytm secures license it needed to survive

on 7:17 PM in features, Tech News with No comments

India’s Paytm has secured a vital license it needed to survive and maintain continuity of several core features of its eponymous payments app, a day before the firm’s banking unit is scheduled to cease operations because of regulatory clampdown. The National Payments Corporation of India, the firm that built the eponymous UPI rail in the […]

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SpaceX makes significant progress with third Starship orbital test flight

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SpaceX is continuing to make progress on the development of Starship, the largest rocket ever built, with the third test flight Thursday accomplishing considerably more than the previous two tests. The 400-foot-tall Starship rocket lifted off from SpaceX’s Starbase facility in southeastern Texas at 8:25 a.m. local time. Although SpaceX has been developing Starship for […]

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Ted Schlein’s 2-year-old Ballistic Ventures has already raised a second $360 million fund

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After a shakeup at Kleiner Perkins a few years back, one of its star B2B investors, Ted Schlein, started his own firm. Ballistic has already closed a second fund, even bigger than the first.

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Fluent Metal takes a stab at the metal 3D printing market

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To say that it’s rocky out in the metal 3D printing world may be a bit of an understatement. Almost a decade ago, Desktop Metal was one of the early darlings in accessible 3D printing in metal. The company raised almost half a billion in VC funding. Since then, the company has had a hell […]

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What African B2B e-commerce startups can learn from OmniRetail’s profitable run

on 3:02 AM with No comments

Save for fintech and cleantech, B2B e-commerce and retail was the leading destination for venture capital dollars over the last five years. The premise of digitizing the continent’s mom-and-pop convenience stores and offering various solutions to streamline logistics and procurement processes saw hundreds of millions of dollars flood the segment, particularly during the venture capital […]

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Amazon now lets sellers create listings through a URL by using AI

on 12:17 AM in features, Tech News with No comments

Amazon launched generative AI-powered features last year to help sellers quickly create listings by entering just a few words about the product. The company is now making it easier for sellers to create listings if an item is already listed on their website. The e-commerce giant’s new tool uses AI to parse details from an […]

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Nigeria’s Youverify raises $2.5M to enhance anti-money laundering compliance

on 12:17 AM in features, Tech News with No comments

Youverify, a Nigerian provider of identity verification and anti-money laundering (AML) solutions for banks and startups, secured a $2.5 million investment from Elm, which specializes in offering ready-made and customized digital solutions to public and private institutions in Saudi Arabia. The pre-Series A investment from Elm also includes a strategic partnership to help Youverify streamline […]

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Paramount Global to sell stake in India’s Viacom18 to Reliance for over $500M

on 12:05 AM with No comments

Paramount Global has reached a binding agreement to sell its 13% stake in Reliance-controlled Indian media firm Viacom18 to Reliance for $517 million, both companies said Wednesday. The deal will increase Reliance’s stake in Viacom18, which operates dozens of TV channels as well as streaming service JioCinema, to 70.49%, Reliance said in a disclosure (PDF) […]

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As European dynamism gathers momentum, Elaia and partners double down with new deep tech fund

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Elaia's third deep tech seed fund, DTS3, is double the size of the two previous funds, and signals the momentum that is forming around an emerging concept: European dynamism.

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A bug in an Irish government website that exposed COVID-19 vaccination records took two years to publicly disclose

on 9:17 PM in features, Tech News with No comments

The Irish government fixed a vulnerability two years ago in its national COVID-19 vaccination portal that exposed the vaccination records of around a million residents. But details of the vulnerability weren’t revealed until this week after attempts to coordinate public disclosure with the government agency stalled and ended. Security researcher Aaron Costello said he discovered […]

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Behold, TruckBot

on 4:47 PM in features, Tech News with No comments

One undeniable trend from this year’s Modex conference: suddenly everyone is into truck unloading. The past couple of years have gone from a few select companies to seemingly everyone in and around warehouse robotics looking to tackle the problem. Most solutions are some variation on a basic theme: a robotic arm attached to a mobile […]

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Are OpenAI’s deals with publishers edging out the competition?

on 3:17 PM in features, Tech News with No comments

OpenAI’s legal battle with The New York Times over data to train its AI models might still be brewing. But OpenAI’s forging ahead on deals with other publishers, including some of France’s and Spain’s largest news publishers. OpenAI on Wednesday announced that it signed contracts with Le Monde and Prisa Media to bring French and […]

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Creators are frustrated but energized as TikTok ban gains momentum

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The bill that could ban TikTok took one step closer to becoming a law on Wednesday. After being introduced just last week, the bill was fast-tracked through the House of Representatives and will now head to the Senate. V Spehar, the TikTok creator behind UnderTheDeskNews, has been a staunch critic of efforts to ban TikTok; […]

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SpaceX aiming to launch massive Starship for the third time early Thursday

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SpaceX will attempt to send the massive Starship rocket to orbit for the third time early Thursday morning after U.S. regulators gave the green light for launch. The company is aiming to complete the launch within a 110-minute window that opens at 7:00 a.m. CT. Starship testing is conducted from SpaceX’s sprawling Starbase campus near […]

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Thursday, March 14, 2024

Wednesday, March 13, 2024