Swiggy plans to raise $1.25 billion in an initial public offering and has secured approval from its shareholders, the Indian food delivery and instant commerce startup disclosed in a filing to the local regulator. The Bengaluru-headquartered startup, which competes with publicly-listed Zomato and StepStone Group-backed...
Advances in generative AI have taken the tech world by storm. Biotech investors are making a big bet that similar computational methods could revolutionize drug discovery. On Tuesday, ARCH Venture Partners and Foresite Labs, an affiliate of Foresite Capital, announced that they incubated Xaira Therapeutics...
If there’s one overarching takeaway from last night’s Rabbit R1 launch event, it’s this: Hardware can be fun again. After a decade of unquestioned smartphone dominance, there is, once again, excitement to be found in consumer electronics. The wisdom and longevity of any individual product...
AI is supercharging coding — and developers are embracing it. In a recent StackOverflow poll, 44% of software engineers said that they use AI tools as part of their development processes now and 26% plan to soon. Gartner estimates that over half of organizations are...
AI is supercharging coding — and developers are embracing it. In a recent StackOverflow poll, 44% of software engineers said that they use AI tools as part of their development processes now and 26% plan to soon. Gartner estimates that over half of organizations are...
Though many eyes are on space as orbit develops into a thriving business ecosystem, Radical is keeping things a little closer to the ground — but not too close. Its high-altitude, solar-powered aircraft aim to succeed where Facebook’s infamous Aquila failed by refining the tech...
Enterprises still don't trust OpenAI, while open source AI models are cheaper and more than sufficient for targeted specific tasks, Nova AI founder says. © 2024 TechCrunch. All rights reserved. For personal use only....
Enterprises still don't trust OpenAI, while open source AI models are cheaper and more than sufficient for targeted specific tasks, Nova AI founder says. © 2024 TechCrunch. All rights reserved. For personal use only....
Dripos brings together point-of-sale, mobile payments, employee management and payroll, loyalty and marketing automation and administrative functions like accounting and banking. © 2024 TechCrunch. All rights reserved. For personal use only....
Perplexity AI‘s latest, large fundraising event could be quickly superseded by another, even larger chunk of capital, TechCrunch reports. Yes, the $62.7 million that the startup raised at just over a $1 billion valuation could be quickly stomped on by a raise of as much...
Perplexity AI‘s latest, large fundraising event could be quickly superseded by another, even larger chunk of capital, TechCrunch reports. Yes, the $62.7 million that the startup raised at just over a $1 billion valuation could be quickly stomped on by a raise of as much...
Eniac has raised $60 million for Select 1, the firm’s vehicle for follow-on later-stage investments, and $160 million for Eniac VI. © 2024 TechCrunch. All rights reserved. For personal use only....
Stainless, a startup building a platform to generate SDKs from APIs, has raised a seed round of funding from Sequoia. © 2024 TechCrunch. All rights reserved. For personal use only....
Sanlo, a fintech startup that helps gaming companies manage finances, announced Wednesday the closed beta launch of its webshop tool, giving select game developers and studios a plug-and-play solution that works alongside their existing tech stacks. Gaming companies can join the waitlist starting today. With...
As the notion of the AI agent begins to take hold, and more tasks will be completed without a human involved, it is going to require a new kind of authentication to make sure only agents with the proper approval can access particular resources. Anon,...
Well, if you are a big TikTok fan and live in the United States, I have some bad news for you: A bill that would force a sale of TikTok or ban it in the United States passed the Senate. And the President is expected...
Well, if you are a big TikTok fan and live in the United States, I have some bad news for you: A bill that would force a sale of TikTok or ban it in the United States passed the Senate. And the President is expected...
Nvidia is acquiring Run:ai, a Tel Aviv-based company that makes it easier for developers and operations teams to manage and optimize their AI hardware infrastructure, for an undisclosed sum. Ctech reported earlier this morning the companies were in “advanced negotiations” that could see Nvidia pay...
Nvidia is acquiring Run:ai, a Tel Aviv-based company that makes it easier for developers and operations teams to manage and optimize their AI hardware infrastructure, for an undisclosed sum. Ctech reported earlier this morning the companies were in “advanced negotiations” that could see Nvidia pay...
Diddo is an API for streaming services and other platforms to integrate shoppable video, enabling consumers to buy their favorite characters’ clothing and accessories directly on their screens. The company announced Wednesday that it raised $2.8 million in seed funding. Diddo was founded in late...
All-around, highly generalizable generative AI models were the name of the game once, and they arguably still are. But increasingly, as cloud vendors large and small join the generative AI fray, we’re seeing a new crop of models focused on the deepest-pocketed potential customers: the...
Tomorrow is the day we’ve all been waiting for! TechCrunch Early Stage 2024 kicks off in Boston, and we can’t wait to see you there! We’re expecting 1,000+ attendees for a full day of all things early-stage startups. As you gear up for an immersive...
The U.K.’s Competition and Markets Authority (CMA) is launching preliminary enquiries into whether the close-knit tie-ups and hiring practices involving Microsoft, Amazon and a trio of AI startups falls within the scope of its merger rules — and whether the arrangements could impact competition in...
When Trace’s future co-founders Greg Tran, Martin Smith and Sean Couture joined Magic Leap in Spring/Summer 2015, it was about as hot as startups come. After years of secrecy, the augmented reality company captured Silicon Valley’s imagination with in-device footage, before capping the year with...
The US Senate voted to pass a bill that could see TikTok banned within a year, pitching creators and businesses dependent on the platform into an uncertain future....
Conversational AI platform Parloa has nabbed $66 million in a Series B round of funding, a year after the German startup raised $21 million from a swathe of European investors to propel its international growth. The company is focusing on the U.S. market in particular,...
Conversational AI platform Parloa has nabbed $66 million in a Series B round of funding, a year after the German startup raised $21 million from a swathe of European investors to propel its international growth. The company is focusing on the U.S. market in particular,...
Decades after her dad’s iconic sports car time-traveled into movie history, Kat DeLorean wants to build a modern remake. There’s just one problem: Someone else owns the trademark on her name....
Madica, an investment program launched by US-based investor Flourish Ventures to back pre-seed startups in Africa, plans to invest in up to 10 ventures by the end of the year, ramping up its funding efforts after closing three initial three deals. Madica disclosed the plans...
With the current iteration of its product going through its paces with a handful of beta customers, FlexAI will launch its first commercial product later this year. © 2024 TechCrunch. All rights reserved. For personal use only....