Just five months after it raised a $10 million seed round, Numeric has raised a $28 million Series A led by Menlo Ventures.
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Thursday, October 10, 2024
MiLaboratories gets $10M for a platform play to accelerate genomic research
Advances in DNA sequencing and the vast amounts of genomic data being produced by next-generation sequencing (NGS) technology have created a startup opportunity to build software for biologists so they can more easily analyze this big data and take the next leap. It could help when it comes to developing new vaccines, cancer treatments and […]
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The WordPress vs. WP Engine drama, explained
This story has been updated throughout with more details as the story has developed. We will continue to do so as the case and dispute are ongoing. The world of WordPress, one of the most popular technologies for creating and hosting websites, is going through a very heated controversy. The core issue is the fight […]
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BaCta is using engineered bacteria to grow natural rubber and slash CO2 emissions
The synthetic biology and precision fermentation space is a hotbed of entrepreneurial activity these days. But it’s not every day you come across a startup that’s using genetic engineering to produce natural rubber — a substance that’s challenging to reproduce in a lab because of how long its polymer is. Paris-based baCta has a proof […]
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Wednesday, October 9, 2024
The Internet Archive slammed by DDoS attack and data breach
The Internet Archive, the nonprofit organization that digitizes and archives materials like web pages, came under attack Wednesday. Several users – including over at The Verge – confronted a pop-up when visiting the site, reading, “Have you ever felt like the Internet Archive runs on sticks and is constantly on the verge of suffering a […]
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Health insurtech startup Qantev raises €30 million to outperform LLMs with small AI models
Health and life insurance providers face a rising volume of claims due to chronic disease and aging populations, but their processes lack scalability. AI automation can help, but it takes more tailoring than for other insurance types. Automating property and casualty insurance, for instance, gave rise to public company Guidewire decades ago, but health insurance […]
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Tyler, the Creator changes his tune on Elon Musk
Tyler, the Creator dropped his hit song “911” in 2017 with the line: “Sucks you can’t gas me up, shout out to Elon Musk.” However, while performing this weekend at the Austin City Limits music festival nearby Tesla’s Texas headquarters, the Grammy-winning artist changed the latter half of the lyric to: “man, f**k Elon.” It […]
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Did that startup founder really work through his wedding?
Thoughtly co-founder Casey Mackrell had a big week. First, he got married. Then, he went viral. At his wedding reception, Mackrell needed to quickly give a colleague access to code that could only be unblocked from his laptop. His fellow co-founder Torrey Leonard seized the moment by taking a photo to capture Mackrell wrapping up […]
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Bridgit Mendler’s Northwood makes ground station connection with Planet Labs in key test
Northwood Space, the startup founded by former Disney star Bridgit Mendler, nailed a key test last week when its ground station unit successfully connected with orbiting Planet Labs satellites. Operating from Planet’s ground station in Maddock, North Dakota, the team successfully showed the startup’s novel phased-array antenna system can transmit data to and from satellites […]
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X changes creator payouts to depend on engagement, not ads
As X continues to alienate advertisers, even recently suing a group over their boycott of the platform, the company is shifting its creator payments policy to be less dependent on ads. Before, creators would be paid a percentage of the ad revenue from ads shown in their replies. Now, X says it will instead pay […]
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India’s Star Health confirms data breach after cybercriminals post customers’ health data online
The insurance giant confirmed a data breach, weeks after cybercriminals posted alleged customer health and medical data online.
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Shield AI’s founder on death, drones in Ukraine, and the AI weapon ‘no one wants’
Shield AI cofounder Brandon Tseng has raised over $1 billion to create AI pilots. Here's what he's learned in Ukraine and the future of AI-powered weapons.
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Zoom’s custom AI avatar tool may come with risks
Zoom plans to introduce a feature to let people effectively clone themselves digitally. There's concerns that this could be misused.
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Palantir now owns nearly 9% of EV startup Faraday Future — here’s why
Palantir now owns 8.7% of struggling electric vehicle startup Faraday Future, according to a new filing with the U.S. Securities and Exchange Commission. The data-mining company was granted more than 800,000 shares in the EV startup on October 2 “as payment for certain outstanding receivables” — the equivalent of roughly $2.4 million judging by Faraday […]
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Amazon makes shopping for groceries online less confusing
On Wednesday, Amazon announced several new ways it plans to enhance the grocery shopping experience for Prime members. These include enabling Same-Day Delivery for both fresh groceries and Amazon.com products simultaneously, as well as introducing additional features to simplify the shopping process. Amazon aims to enhance its online grocery delivery service by allowing Prime members […]
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