Tuesday, October 29, 2024

OpenAI reportedly planning to build its first AI chip in 2026

OpenAI is reportedly working with TSMC and Broadcom to build an in-house AI chip — and beginning to use AMD chips alongside Nvidia’s to train its AI. Reuters reports that OpenAI has — at least for now — abandoned plans to establish a network of factories for chip manufacturing. Instead, the company will focus on […]

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Threads is testing the ‘trending now’ view in Japan

After rolling out the trending topics feature in the U.S. earlier this year, Threads is now testing out the feature in Japan. “Lots of folks outside the US have been asking for the “Trending Now” feature, and we’re working on bringing it to more countries. This week, we’ll begin testing the feature in Japan with […]

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Google, DPI backs African fintech Moniepoint in $110M round

Google’s Africa Investment Fund is a new investor in African fintech Moniepoint, which just closed $110 million in new financing. The Series C round, which involved an equity sale, per Bloomberg, was led by Development Partners International’s African Development Partners (ADP) III fund. Other investors, including African private equity firm Verod Capital and global impact […]

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Emidat is building a tool to clean up construction by automating environmental reporting

Fixing the climate crisis is a vast, world-sized puzzle. But one particularly large piece of this ginormous conundrum is construction and real estate — which collectively amount for around 40% of global greenhouse gas emissions. Enter Munich-based data startup Emidat, which has built a software platform for automating the generation of validated Environmental Product Declaration […]

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Infraspeak raises $19.5M to bring collaboration to facilities management

It might not be the sexiest of subjects, but facilities management is central to any business that has a physical premises — the bigger that footprint becomes, the more complex it gets. Portuguese startup Infraspeak has set out to address that with an all-in-one platform that gives facility managers and associated service providers insights and […]

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Monday, October 28, 2024

Krafton backs IMM Investment’s maiden India fund

The India unit of gaming firm Krafton has backed IMM Investment’s maiden India fund as an anchor limited partner as the battle royale BGMI-maker broadens its investment bets in the South Asian market. Seoul-based IMM Investment, an early backer of Krafton and roughly half of South Korea’s unicorn startups, has made the first close for […]

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Despite risks, Vinod Khosla is optimistic about AI

Vinod Khosla has no doubts that humanity’s future with AI is bright. The Sun Microsystems co-founder turned prominent investor predicts that “the need to work will go away” almost entirely thanks to AI.   “Almost all expertise, it doesn’t matter whether you’re talking about primary care physicians, mental health therapists, oncologists, structural engineers or accountants […]

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Google-backed Open Cloud Coalition launches to lobby European lawmakers

Europe has a new lobbying body, one with a self-stated mission to “improve competition, transparency, and resilience” in the cloud computing sector. The Open Cloud Coalition (OCC) counts 10 members at launch, the most notable one being Google, supported by cloud providers spanning international and local markets including Centerprise International, Civo, Gigas, ControlPlane, DTP Group, […]

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Foster sisters explain why they haven’t invested in AI

Oversubscribed Ventures co-founder Sara Foster (above right) made a confession on stage on Monday at TechCrunch Disrupt 2024. “I don’t even have ChatGPT on my phone,” she said. It’s an unexpected comment from an investor, given that ChatGPT is arguably the most influential product to launch this decade. But what makes the Foster sisters different […]

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This veteran couldn’t share 3D scans of a burnt naval ship, so he created a startup that can

In the summer of 2020, a fire broke out onboard a naval ship docked in San Diego Bay. For more than four days, the USS Bonhomme Richard burned as helicopters dropped buckets of water from above, boats spewed water from below, and firefighters rushed onboard to control the blaze. Before the embers had even cooled, […]

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MabLab’s improved drug and drink testing strips could make for safer streets and venues

For anyone who parties or goes out dancing, the risk of accidentally taking adulterated drugs is a real one. MabLab, presenting today on the Startup Battlefield stage at TechCrunch Disrupt 2024, has created a testing strip that detects the five most common and dangerous additives in minutes. Co-founders Vienna Sparks and Skye Lam met in […]

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Vinod Khosla calls out Trump’s ‘depraved values’ and Musk’s role in spreading misinformation

Storied investor Vinod Khosla, founder and partner at Khosla Ventures, and more recently one of the first checks into OpenAI veered off topic during a Monday interview at TechCrunch Disrupt 2024 focused on the future of AI. After talking about AI’s future and risks, he took a moment to deliver a stringent warning about the […]

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Step aside, Zoom fatigue, VRTL wants to make virtual fan events fun again

VRTL founder Courtney Jeffries describes herself as a “recovering sports executive.” “That was my entire career before I threw it away to chase down my startup dreams,” Jeffries told TechCrunch.  After playing softball at the University of Washington, she spent almost 20 years working in marketing and sales for teams like the Oakland Raiders and […]

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How Advex creates synthetic data to improve machine vision for manufacturers

Data is pretty much everything when it comes to training AI systems, but accessing enough data to produce quality products that live up to their promise is a major challenge, even for companies with the deepest of pockets. This is a problem that Advex AI is setting out to address, using generative AI and synthetic […]

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Microsoft accuses Google of ‘shadow campaign’ to influence cloud regulation in Europe

The European cloud wars are heating up. Microsoft has accused its old foe Google of waging a clandestine war against the Azure cloud company, to curry favor with policymakers and antitrust authorities in Europe. In a blog post today, Microsoft deputy general counsel Rima Alaily pre-empted the imminent launch of a new lobby group called […]

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