Tuesday, November 26, 2024

OpenAI’s Sora appears to have leaked

A group appears to have leaked access to Sora, OpenAI’s video generator, in protest of what they’re calling duplicity and “art washing” on OpenAI’s part. On Tuesday, the group published a project on the AI dev platform Hugging Face seemingly connected to OpenAI’s Sora API, which isn’t yet publicly available. Using their authentication tokens — […]

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Amazon Japan raided by anti-monopoly authorities

Amazon Japan has said it will collaborate with Japan’s Fair Trade Commission (JFTC) after the watchdog conducted an on-site inspection related to suspected violations of anti-monopoly laws. The e-commerce giant is under suspicion of inappropriately urging vendors to lower their prices on its online shopping platform in return for better product placement, as first reported […]

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Cleo Capital launches cybersecurity accelerator to help undo the ‘crushing burden’ of online threats

Cleo Capital, the early-stage venture fund that counts the AI firm Groq, fintech company Ellevest, and fashion brand Hill House as investments, has announced the launch of a new cybersecurity accelerator. The program is looking for pre-seed and seed companies from all around the world. The accelerator is a remote, 12-week program, with a standard […]

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Intel and Biden Administration finalize $7.86B deal to fund domestic chip manufacturing

The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the U.S. CHIPS and Science Act, a federal statute signed into law by President Joe Biden in 2022 to boost domestic semiconductor manufacturing. The figure is notably lower than the potential highest figure announced back in March, when […]

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AI helps India’s Meesho cut customer call costs by 75%

Softbank-backed Meesho has rolled out what it claims to be India’s first generative AI-powered voice bot among e-commerce firms for customer support, paring down some expenses by 75%. The Bengaluru-based e-commerce startup, which serves 160 million customers in India, said Tuesday its AI bot currently handles 60,000 customer calls daily in English and Hindi. The […]

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EV charging platform Ampeco raise $26M Series B, as demand for charging soars

We last covered EV charging platform Ampeco in 2023 when it raised a Series A round of $13 million. Today it’s raised $26 million in a Series B funding led by Revaia, a growth equity investment fund. That takes its total funding to $42 million.  Many EV charging systems are end-to-end solutions which makes them […]

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Cambridge materials science spin-out Molyon is on a mission to make next-gen batteries fly

Battery tech is pivotal as the world leans into electrification to power decarbonization in the race against climate change. But rising demand is putting more attention on the limits and drawbacks of current generation lithium-ion (Li-ion) battery technology. This is where Cambridge University spin-out Molyon hopes to come in: the U.K. startup is developing next-gen […]

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Cradle builds out its protein-design AI platform (and wet lab) with $73M in new funding

Using AI to accelerate biotech is fast becoming standard practice, and companies offering services to deploy the tech quickly are seeing big uptake and new investment. Cradle is one of these, focused on protein design — and it just raised $73 million to build out its labs and team. Cradle appeared in 2022 as part […]

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Monday, November 25, 2024

Biolevate’s raises €6M to helps medical writers keep up with the pace of new drugs

Writing the documentation that must go alongside the development of new drugs is a highly labor-intensive process: not much software is used and there’s a shortage of expert writers. Paris-based Biolevate helps medical writers go faster with a platform that uses NLP and visual document reading to assisting in writing. It’s now raised €6 million […]

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Volta, a Shopify for B2B transactions, raises biggest pre-seed round of Italy

Volta, a new startup with a team split between two headquarters in Milan and Paris, has secured a €6 million pre-seed round ($6.3 million) to develop a new vertical software-as-a-service platform focused on B2B sales. In more practical terms, the Volta team pitches its product as an equivalent to Shopify but focused on B2B transactions. […]

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Rivian snags $6.6B conditional federal loan to build Georgia factory

Rivian said late Monday it has secured conditional commitment for a $6.6 billion loan from the Department of Energy, funds that will help the EV maker restart construction of a massive factory in Georgia. The funds will come from DOE’s Loan Programs Office Advanced Technology Vehicle Manufacturing Loan Program. Rivian said it expects to begin […]

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Google Developer Program gains new features, but you’ll have to pay for them

In June, Google announced the Google Developer Program, a free program to give devs access to resources designed to help them build applications using Google services. Now that “millions” of devs have signed up (according to Google), the company is introducing a second, paid tier to commercialize the program. On Monday, Google launched the Google […]

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Another star athlete is making his way into venture capital

Giannis Antetokounmpo, a player for the Milwaukee Bucks, launched a venture capital firm called Build Your Legacy Ventures that will focus on sports and entertainment investing, according to Bleacher Report. Antetokounmpo will serve as general partner. The fund was “not just about capital; it’s about forging partnerships and opening my network to accelerate the growth […]

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Marc Andreessen, Joe Londsale and all the other VCs reportedly in the running for new Trump committees

With Elon Musk playing such a high-profile role in Donald Trump’s transition team, Musk’s buddies, many of them Silicon Valley venture capitalists, are reportedly being tapped to help out. For instance, VC firm Andreessen Horowitz, and in particular cofounder Marc Andreessen, is repeatedly being mentioned. He, along with Antonio Gracias and Joe Lonsdale, are reportedly […]

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TechCrunch Space: Everything is bigger in Texas!

Hello, and welcome back to TechCrunch Space! First off, I want to highlight a few stories we weren’t able to get to: First, Inversion Space raised a $44 million Series A to continue development of its ultra-precise orbit-to-Earth cargo delivery service. The company has already garnered a lot of attention from the DOD for its […]

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