Tuesday, March 26, 2024

PayPal backs Indonesian insurance startup Qoala in $47M funding

on 8:23 PM in features, Tech News with No comments

PayPal Ventures’ latest investment is in an Indonesian startup that provides personal insurance products covering a variety of risks, including accidents, phone screen damage, and ticket cancellations. Qoala has secured $47 million in a new round co-led by PayPal Ventures and MassMutual Ventures, the five-year-old startup said Wednesday. MUFG Innovation Partners, Omidyar Network as well […]

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Robinhood’s new credit card goes after Apple Card with ability to invest cash-back perks

on 4:23 PM in features, Tech News with No comments

Eight months after acquiring credit card startup X1 for $95 million, Robinhood announced today the launch of its new Gold Card, with a list of features that could even give Apple Card users envy. Robinhood, better known for its brokerage app aimed at the everyday investor, is touting all sorts of benefits with its new […]

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Elon Musk says all premium subscribers on X will gain access to AI chatbot Grok this week

on 3:23 PM in features, Tech News with No comments

Following Elon Musk’s xAI’s move to open source its Grok large language model earlier in March, the X owner on Tuesday said that the company formerly known as Twitter will soon offer the Grok chatbot to more paying subscribers. In a post on X, Musk announced Grok will become available to Premium subscribers this week, […]

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YC-backed SigmaOS browser turns to AI-powered features for monetization

on 8:53 AM in features, Tech News with No comments

Web browsers have realized they are one of the best ways for users to access the present set of AI tools, so they are working on being the first-choice containers for that. SigmaOS, a Y Combinator-backed company, is now banking on users’ desire to utilize AI tools and pay for them as the company is […]

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Confetti, a team-building platform used by Apple, Google, and Microsoft, raises $16M

on 8:23 AM in features, Tech News with No comments

Not many startups can claim Apple, Google, Microsoft, Amazon, and Meta as paying customers, but Confetti can. And the list doesn’t stop at a quintet with a collective market value of $10 trillion — the New York-based company says it works with Zoom, Netflix, Stripe, TikTok, Shopify, Adobe, LinkedIn, HubSpot, and 30% of the Fortune […]

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Ionobell’s is turning to recycled silicon to boost EV range

on 7:53 AM in features, Tech News with No comments

Ionobell, a seed stage startup, claims its silicon material will be cheaper than the established competition.

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Fireworks.ai open source API puts generative AI in reach of any developer

on 7:23 AM in features, Tech News with No comments

Just about everyone is trying to get a piece of the generative AI action these days. While the majority of the focus remains on the model vendors like OpenAI, Anthropic and Cohere, or the bigger companies like Microsoft, Meta, Google and Amazon, there are in fact, a lot of startups trying to attack the generative […]

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Evoloh bets hydrogen won’t happen without better manufacturing

on 7:23 AM in features, Tech News with No comments

The startup is attempting to solve hydrogen's supply problem by focusing not on novel materials, but on manufacturing.

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AI is a data problem. Now Cyera is raising up to $300M on a $1.5B valuation, to secure it

on 2:53 AM in features, Tech News with No comments

A cybersecurity startup called Cyera is betting that the next big challenge in enterprise data protection will be AI, and it’s raising a big round of funding as demand picks up for it. The company — which builds AI-enhanced tools to create accurate pictures of where and how data is being used in organizations’ networks […]

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How Ember is building an all-electric intercity bus network in the UK

on 12:23 AM in features, Tech News with No comments

A Scottish company building one of the U.K.’s first all-electric intercity bus networks has raised $14 million (£11 million) in a Series A round of funding as it looks to expand across the entire country. Building any bus network from scratch — electric or otherwise — isn’t something anyone can conjure up overnight with a […]

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AI and data infrastructure drives demand for open source startups

on 12:23 AM in features, Tech News with No comments

A new report highlights the demand for startups building open source tools and technologies for the snowballing AI revolution, with the adjacent data infrastructure vertical also heating up. Runa Capital, the venture capital (VC) firm that upped sticks from Silicon Valley and moved its HQ to Luxembourg in 2022, has published the Runa Open Source Startup […]

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Profluent, spurred by Salesforce research and backed by Jeff Dean, uses AI to discover medicines

on 12:15 AM with No comments

Last year, Salesforce, the company best known for its cloud sales support software (and Slack), spearheaded a project called ProGen to design proteins using generative AI. A research moonshot, ProGen could — if brought to market — help uncover medical treatments more cost effectively than traditional methods, the researchers behind it claimed in a January […]

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TechCrunch Space: Returning to the moon

on 12:12 AM with No comments

Hello and welcome back to TechCrunch Space. Mark your calendars, everyone: Boeing and NASA are planning to conduct the first crewed Starliner mission as soon as May 1.

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Maju Kuruvilla is out as CEO of one-click checkout company Bolt

on 12:09 AM with No comments

Maju Kuruvilla is no longer CEO of one-click checkout company Bolt. He is replaced by Justin Grooms, Bolt’s global head of sales, who is now interim CEO, according to Grooms’ LinkedIn profile. Kuruvilla didn’t have much to say about the change but did confirm it both on LinkedIn and X, by posting, simply “One-Click Checkedout […]

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Fisker trading suspended by NYSE

on 12:06 AM with No comments

The exchange said Monday that Fisker's stock is "no longer suitable for listing" because of "abnormally low" price levels.

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