Thursday, May 23, 2024

Bing’s API is down, taking Microsoft Copilot, DuckDuckGo and ChatGPT’s web search feature down too

Bing, Microsoft’s search engine, isn’t working properly right now. At first, we noticed it wasn’t possible to perform a web search at all. Now it seems search results are loading properly. But this outage also appears to still be affecting Bing’s application programming interface (API), which means that other services that rely on Bing aren’t […]


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Autonomous shipping startup Orca AI tops up with $23M led by OCV Partners and MizMaa Ventures

If you thought autonomous driving was just for cars, think again. The so-called ‘autonomous navigation’ market — where ships steer themselves guided by AI, resulting in fuel and time savings — is projected to grow from $4.46 billion in 2023 to $5.33B in 2024 alone.  Orca AI is a London-based startup that claims to have […]


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Peter Thiel-founded Valar Ventures raised a $300 million fund, half the size of its last one

The perception in Silicon Valley is that every investor would love to be in business with Peter Thiel. But the venture capital fundraising environment has become so difficult that even Valar Ventures, one of the VC firms he helped found, has raised a much smaller fund this year compared to previous ones.  Thiel set up […]


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Wednesday, May 22, 2024

Meet the Finnish biotech startup bringing a long lost mycoprotein to your plate

The best known mycoprotein is probably Quorn, a meat substitute that’s fast approaching its 40th birthday. But Finnish biotech startup Enifer is cooking up something even older: Its proprietary single-cell fungus-based protein, branded Pekilo, was originally developed in the 1960s and ’70s — by, of all things, the local paper industry. The focus back then […]

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Food supply chain software maker Silo lays off ~30% of staff amid M&A discussions

Silo, a Bay Area food supply chain startup, has hit a rough patch. TechCrunch has learned that the company on Tuesday laid off roughly 30% of its staff, or north of two dozen employees. Silo has confirmed the headcount reductions, clarifying the cuts were across the board and not focused on individual departments. Silo shared […]

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Hydrolix seeks to make storing log data faster and cheaper

In 2008, Marty Kagan, who’d previously worked at Cisco and Akamai, co-founded Cedexis, a (now-Cisco-owned) firm developing observability tech for content delivery networks. Fellow Cisco veteran Hasan Alayli joined Kagan at Cedexis in 2012 as a technical lead, and the two worked together for a number of years. As Cedexis grew and began collaborating with […]

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Boeing, NASA indefinitely delay crewed Starliner launch

If you’ve been looking forward to seeing Boeing’s Starliner capsule carry two astronauts to the International Space Station for the first time, you’ll have to wait a bit longer. The mission, which has already been beset by issues with both the rocket and helium tanks, is now delayed indefinitely, NASA said in a statement late […]

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Space VC closes $20M Fund II to back frontier tech founders from day zero

Gone are the days when space and defense were considered fundamentally antithetical to venture investment. Now, the country’s largest venture capital firms are throwing larger portions of their money behind so-called hard tech startups at the earliest stages. This about-face has led some in the industry to question whether smaller investing shops will be able […]

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Ore Energy emerges from stealth to build utility-scale batteries that last days, not hours

Where Aytac Yilmaz lives in the Netherlands, the sun might not appear for days on end, which can really crimp the output of the country’s solar panels. Wind turbines might make up some of the shortfall, but what if the wind disappears at the same time? Enter long-duration energy storage, or massive batteries tailored to […]


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Ore Energy emerges from stealth to build utility-scale batteries that last days, not hours

Where Aytac Yilmaz lives in the Netherlands, the sun might not appear for days on end, which can really crimp the output of the country’s solar panels. Wind turbines might make up some of the shortfall, but what if the wind disappears at the same time? Enter long-duration energy storage, or massive batteries tailored to […]

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Microsoft’s new ‘Volumetric Apps’ for Quest headsets extend Windows apps into the 3D space

Microsoft announced on Tuesday during its annual Build conference that it’s bringing “Windows Volumetric Apps” to Meta Quest headsets. The partnership will allow Microsoft to bring Windows 365 and local PC connectivity to Quest headsets, enabling developers to extend their apps into the 3D space. “We’re deepening our partnership with Meta to make Windows a […]


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Tuesday, May 21, 2024

Paytm counts costs of regulatory clampdown as losses swell

One 97 Communications, the parent company of India’s leading digital payments platform Paytm, reported a widening of its consolidated net loss to $66.1 million in the quarter ending March, compared to a loss of $20.11 million in the same quarter last year as it grappled with a regulatory clampdown. For the full fiscal year 2024, […]

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In Seoul summit, heads of states and companies commit to AI safety

Government officials and AI industry executives agreed on Tuesday to apply elementary safety measures in the fast-moving field, and establish an international safety research network. Nearly six months after the inaugural global summit on AI safety at Bletchley Park in England, Britain and South Korea are hosting the AI safety summit this week in Seoul. The […]

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