Pilot season has officially begun for the world of humanoid robotics. Last year, Amazon began testing Agility’s Digit robots in select fulfillment centers, while this January, Figure announced a deal with BMW. Now Apptronik is getting in on the action, courtesy of a partnership with Mercedes-Benz. According to the Austin-based robotics startup, “as part of […]
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India will lower import taxes on certain electric vehicles for companies committing to invest at least $500 million and setting up a local manufacturing facility within three years, a move that could potentially bolster Tesla’s plans to enter the South Asian market. Companies must invest a minimum of $500 million in the country and will […]
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Abu Dhabi’s sovereign wealth fund ADIA is in talks to back Pocket FM in a large new round of funding, two sources familiar with the matter told TechCrunch, as the Indian audio-storytelling platform makes deeper inroads in the U.S. The talks for the new round, which have been ongoing for more than a month, follows […]
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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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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 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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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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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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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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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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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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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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