Saturday, November 30, 2024

Joco almost died at launch. Now, it’s a lifeline for e-bike delivery riders — and a profitable business

On a September morning in 2024, two Jonathan Cohens — one from the Rockaways in Queens, the other from London — stood in an empty 15,000-square-foot parking garage near Hudson Yards in New York City. As they walked over chipped yellow lines, they explained how the space would help Joco, their shared e-bike startup for […]

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Friday, November 29, 2024

ASL Aspire wants to gamify STEM education for deaf kids

Poor literacy skills have plagued the deaf and hard of hearing community for decades. The median literacy rates of deaf high school graduates have languished at a fourth-grade level since the turn of the 20th century, according to the National Center for Special Education Research. Bringing STEM concepts into the mix — the vocabulary for […]

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Learn how to use Apple Intelligence’s ‘Image Playground’

Apple just released iOS 18.1.1, but it’s iOS 18.2 that will come with exciting image generation features, such as “Image Playground,” Apple’s image creation feature that creates cartoon-like images from text descriptions. Here’s what you need to know about the Apple Intelligence feature, including what it is, how to use it, and when it launches.  […]

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Sequoia nears first Asia-Pacific deal since regional split

Sequoia is closing in on making its first deal in India and the broader Asia Pacific region since its split with former partners, according to four sources familiar with the matter. The investor, one of the world’s largest venture capital firms, is in advanced talks to back Vance, a Bengaluru-based cross-border payments startup, the sources […]

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Indoor climbing tracking startup, Lizcore, sharpens its focus on safety as it pulls in pre-seed

Indoor climbing is a tricky sport to track. That’s why Spanish startup Lizcore caught TechCrunch’s eye at MWC earlier this year. The team of two co-founders — led by CEO Edgar Casanovas Lorente, a climbing instructor and guide turned entrepreneur — were showing off hardware they hope will see climbing gyms ushering in the kind of social gamification […]

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As Cohere and Writer mine the ‘Live AI’ arena, Pathway joins the pack with a $10M round

As large enterprises grapple with how to incorporate AI into their platforms and processes, they have encountered a problem: Generative AI needs to have memory and its training data must be constantly updated for it to have any practical use. This area is now called ‘Live AI’ and a number of startups are working in […]

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Thursday, November 28, 2024

Zomato raises $1 billion in first major fundraise since 2021 listing

Zomato has raised $1 billion through a so-called qualified institutional placement, completing its first major fundraise since its 2021 IPO. The food delivery and quick-commerce giant issued approximately 336.5 million shares at ₹252.62 each ($3), according to a stock exchange filing on Friday. The placement, which opened on November 25 and closed on November 28, […]

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Early Thanksgiving online sales numbers are up 7% YoY to $15.6B, on par with pre-pandemic trends

Thanksgiving weekend has long been seen as the traditional start to the most important sales period for retailers, and so far, the indication is that we’re in for a strong holiday season for e-commerce. Salesforce is tracking activity in real time and has just put out its first figures for the day. It says that […]

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Akhetonics gets fresh funding for a contrarian bet on all-optical chips

Photonics — a field that underpins light-based systems for manipulating data — has a bright future, as the rise of AI demands better computing performance, but it has yet to be fully applied to a new generation of chips. German startup Akhetonics hopes to change that. It’s raised a €6 million seed funding round (approximately […]

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French court blocks popular porn site… subdomain

When the Paris Court of Appeal recently blocked four porn sites in France for not having a proper age verification system, the two online child protection nonprofits that had pushed for the blocks probably thought they’d scored a big victory. But, in one case, it turned out to be a bit of a self-own. As […]

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Linkup connects LLMs with premium content sources (legally)

If you’ve used ChatGPT Search or Perplexity you know that being able to search the web and get citations inline greatly improves these AI chatbots. Results are better when they involve timely information, and web search may reduce so-called hallucinations (i.e. when a generative AI outputs incorrect information). That’s why French startup Linkup is building […]

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Australia approves law banning social media for under 16s

In a step likely to be tracked around the world, Australia has approved legislation that will ban the use of social media for children under 16. The bill was only introduced about a week ago but had backing from the main conservative opposition party as well as the centre-left government over concerns the tech services […]

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