UK neobank Monzo hits $5.9B valuation with secondary market sale
Monzo is now valued at $5.9 billion after the U.K.-based challenger bank confirmed a secondary market share sale to provide liquidity for its employees. The transaction, first rumored yesterday, saw existing investors such as Singapore’s sovereign wealth fund (GIC) and StepStone Group procuring additional shares in the London-based fintech. A
Read moreVeeam Software Introduces New Leadership in the EMEA region!
Veeam® Software has appointed Mena Migally as the new Regional Vice President of EMEA East. Migally will oversee Veeam’s business operations and growth strategies in the region. Having worked in the IT sector for over 20 years, Migally has occupied important positions in sales and leadership at Riverbed Technology, Lenovo,
Read moreIs this the real life? Training autonomous cars with simulations
Ben Popper interviews Vladislav Voroninski, CEO of Helm.ai, about unsupervised learning and the future of AI in autonomous driving. They discuss GenAI’s role in bridging the gap between simulation and reality, the challenges of scaling autonomous driving systems, the commercial potential of partial autonomy, and why software is emerging as
Read moreElon Musk unveils the Robovan: the biggest surprise from Tesla’s We, Robot event
Elon Musk unveiled a prototype of Tesla’s Robovan on Thursday night during the company’s We, Robot event in Los Angeles. The Robovan will be an electric, autonomous vehicle roughly the size of a bus, designed for transporting people around high density areas. It will carry up to 20 people at
Read moreTesla’s robovan is the surprise of the night
Image: Tesla Tesla CEO Elon Musk surprised attendees of the “We, Robot” event by presenting a new, unexpected vehicle: a passenger van. Of course, it was far from a conventional van. The Tesla Robovan — Musk put the emphasis on the “bo” — looked like something out of an Art
Read moreTesla reveals 20 Cybercabs at We, Robot event, says you’ll be able to buy one for less than $30,000
Tesla has finally revealed its Cybercab, and it looks like a smaller, sleeker Cybertruck. And while many were expecting there to be at least one prototype of a robotaxi with no steering wheel or pedals, Tesla CEO Elon Musk delighted his fans with a lineup of 20 vehicles. The flashy
Read moreTesla Cybercab announced: Elon Musk’s robotaxi is finally here
Image: Tesla Tesla CEO Elon Musk unveiled a new electric vehicle dedicated to self-driving, a possible milestone after years of false promises and blown deadlines. The robotaxi is a purpose-built autonomous vehicle, lacking a steering wheel or pedals, meaning it will need approval from regulators before going into production. The
Read moreTesla Robotaxi event: How to watch the reveal live
Tesla loves to put on a show, and Thursday’s Robotaxi reveal might just be the flashiest of them all. The electric vehicle maker is slated to unveil its much-hyped Robotaxi vehicle at Warner Bros. Discovery’s movie studio in Burbank, California. For those attending, doors will open at 5 p.m. PT,
Read moreAmazon team in charge of Just Walk Out loses three execs, gains one
Three Amazon executives in charge of developing new technologies for checking out of physical stores – including Just Walk Out, Dash Carts, and Amazon One – are leaving or have left the division, TechCrunch has learned. In addition, a former high-ranking advertising executive at Amazon, Colleen Aubrey, was recently put
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