GM Surveillance and Analytics at NEC XON Announced
NEC XON, a leading African ICT solutions provider, has announced the appointment of Yssel Swanepoel as the new General Manager of Surveillance and Analytics. Yssel brings a wealth of experience and expertise to his new role, poised to drive innovation and excellence in the field of surveillance technology. His tenure
Read moreAs Microsoft leaves its observer seat, OpenAI says it won’t have any more observers
Months after Microsoft gained an observer seat on OpenAI’s board, the company is leaving the position of the non-voting seat. In a letter sent to OpenAI on Tuesday, Microsoft said that the company has seen enough progress being made in the AI company and is confident in its direction, according
Read moreDeep tech startups with very technical CEOs raise larger rounds, research finds
SaaS founders trying to figure out what it takes to raise their next round can refer to Point Nine’s famous yearly SaaS Funding Napkin. (The term refers to “back of the napkin” plans or calculations.) Now, European hardware deep tech teams have a similar resource from First Momentum, a pre-seed
Read moreIceland is dodging the VC doldrums as Frumtak Ventures lands $87 million for its fourth fund
Iceland’s startup scene is punching above its weight. That’s perhaps in part because it kept the 2021 hype in check, but mostly because its tech ecosystem is coming of age. Iceland attracted the most venture capital per capita of all Nordic countries in 2023, but that stat is somewhat skewed
Read moreIndex Ventures raises $2.3 billion for new venture and growth funds
Index Ventures is announcing $2.3 billion in new funds to finance the next generation of tech startups globally. These new funds are spread across different stages with $800 million dedicated to venture investment and $1.5 billion set aside for growth and late-stage companies. How do these funds compare to the
Read moreAnthropic’s Claude adds a prompt playground to quickly improve your AI apps
Prompt engineering became a hot job last year in the AI industry, but it seems Anthropic is now developing tools to at least partially automate it. Anthropic released several new features on Tuesday to help developers create more useful applications with the startup’s language model, Claude, according to a company
Read moreAI startup Hebbia raised $130M at a $700M valuation on $13 million of profitable revenue
Hebbia, a startup that uses generative AI to search large documents and respond to large questions, has raised a $130 million Series B at a roughly $700 million valuation led by Andreessen Horowitz, with participation from Index Ventures, Google Ventures and Peter Thiel. And its funding demonstrates that 50x annual
Read moreNovoNutrients tweaks its bugs to turn CO2 into protein for people and pets
NovoNutrients has raised a $18 million Series A round from investors to build a pilot-scale facility to prove that its fermentation process works at scale. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreUber for Teens has reignited an old debate over fingerprinting drivers
Seven years ago, Uber and Lyft blocked an effort to require ride-hailing app drivers to get fingerprinted in California. But by launching Uber for Teens earlier this year, the company inadvertently resurfaced the issue. Now a broader debate is underway as startups, Uber, and California regulators hash out when a
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