Wednesday, June 26, 2024

Synthflow picks up $7.4M for no code voice assistance for SMEs

What is AI good for? Automating repetitive tasks for the very busy people running small businesses, reckons Berlin-based startup Synthflow, which is announcing a $7.4 million seed round for its SME-focused no code platform for AI voice assistance. Since being founded around spring last year, the startup has now banked a total of $9.1 million, […]

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SpaceX scores $843M NASA contract to de-orbit ISS in 2030

NASA has selected SpaceX to develop a spacecraft that will de-orbit the International Space Station in 2030 — a contract valued at as much as $843 million, the agency announced Wednesday. The ISS is nearing the end of its operational life, and as plans for new, commercially owned space stations heat up, the one that […]

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Data lakehouse Onehouse nabs $35M to capitalize on GenAI revolution

You can barely go an hour these days without reading about generative AI. While we are still in the embryonic phase of what some have dubbed the “steam engine” of the fourth industrial revolution, there’s little doubt that “GenAI” is shaping up to transform just about every industry — from finance and health care to […]

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Unbabel among first AI startups to win millions of GPU training hours on EU supercomputers

The European Union has announced the winners of a “Large AI Grand Challenge” it kicked off earlier this year in a bid to accelerate the pace of homegrown innovation by large-scale AI model makers. Four startups will share €1 million in prize money and — perhaps more importantly — eight million GPU hours to train […]

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Opera’s browser adds AI-powered image generation and better multimedia controls

Opera said today it is releasing Opera One’s second version in developer beta with features including new multimedia controls, split tabs, and new AI capabilities. The company is introducing new themes and design elements to give Opera One R2 a fresh look. The company has traditionally placed the multimedia controls on the sidebar. But with […]

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Climate X founders, who mortgaged their houses to stay afloat, now raise a $18 million Series A

To date, most of the hottest software platforms in the ClimateTech space have been about carbon accounting, offsets, removals, and regulatory disclosure. For instance, New York’s Persefoni (accounting) raised $164.2 million to date, Plan A (accounting/monitoring) in Berlin raised $43 million and at the lower end, Supercritical (removals) raised $15.8 million while CUR8 (removals) raised […]

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VW to invest up to $5B in Rivian software deal

Volkswagen Group will invest $1 billion into EV startup Rivian as part of a broad software development deal that could expand to as much as $5 billion. It’s a boon for Rivian, which has a tenuous path ahead as it pushes to develop its mass-market R2 SUV. The company’s shares shot up more than 49% […]


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Tuesday, June 25, 2024

10 of the most exciting digital health startups of 2024, according to VCs

In the post-COVID world, VCs say it’s not as easy to get excited about investing in digital health. Deal activity in healthcare IT was relatively flat in Q1 2024 at 74 total deals, valued at about $1 billion total, up only 3% from the year-ago quarter, according to PitchBook data.  Still, promising startups have grabbed […]

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