AI chip company Kneron raises $49M to scale up its commercial efforts
Kneron, which is developing AI chips to power self-driving cars, among other autonomous machines, today announced that it raised $49 million in an extension to its Series B round from investors including Foxconn, Alltek, Horizon Ventures, Liteon Technology Corp, Adata and Palpilot. Kneron’s CEO, Albert Liu, says that the new
Read morePan-African contrarian investor P1 Ventures reaches $25M first close for its second fund
P1 Ventures has reached the first close of its second fund at $25 million. It expects to reach a final close early next year.
Read moreThe Financial Impact of Loadshedding on the Mining Sector
Loadshedding has had a significant impact on the South African mining sector. The PwC report ‘SA Mine 2022’ painted a picture of intense economic and structural complexity which was offset by a remarkable overall performance by the sector despite the challenges. More hours in the dark than with power has
Read moreHashtag Trending Sep. 26-Amazon to drop billions into Anthropic; ChatGPT to soon be able to see, hear and speak; Tesla’s robot Optimus can now perform yoga
ChatGPT will soon be able to see, hear and speak. Tesla’s robot Optimus can do yoga. And the AI competition heats up as Amazon prepares to drop billions into OpenAI competitor Anthropic. These and more top tech stories on Hashtag Trending I’m your host Jim Love, CIO of IT
Read moreGIC in talks to lead $40 million funding in India’s Vegrow
GIC is in talks to invest in the Indian startup Vegrow, which runs a business-to-business marketplace for fruits, two sources familiar with the matter said. The Singapore sovereign fund is evaluating leading a $40 million Series C funding round in Vegrow, the sources said. The talks, which have not finalized
Read moreSpotify launches Jam, a real-time collaborative playlist controlled by up to 32 people
Spotify is today introducing its latest social feature, Jam, which allows multiple people to blend their own musical tastes into a combined playlist. However, the new feature, which builds on technology previously used in multi-person playlists like Blend and Duo Mix, is designed for real-time listening among a group of
Read moreGoogle is killing Gmail’s basic HTML view in 2024
Another day, another Google product goes to the graveyard. The company is sunsetting Gmail’s basic HTML view, which allows users to look at their emails in a barebones state, starting January 2024. The company updated its support page to reflect that Gmail will automatically switch to the Standard view after the
Read moreTelegram starts to look like a super app, echoing WeChat
Telegram, the popular messenger with 800 million monthly active users worldwide, is inching closer to adopting an ecosystem strategy that is reminiscent of WeChat’s super app approach. Certain aspects of the ecosystem will be decentralized with help from two heavyweights: Telegram’s crypto partner TON Foundation and WeChat’s owner Tencent. Telegram
Read moreAmazon’s outgoing Echo head is Blue Origin’s new CEO
Blue Origin CEO Bob Smith is retiring at the end of the year and his replacement is coming from Jeff Bezos’ other company. Dave Limp, an Amazon veteran who had planned to step down from his role as head of the company’s consumer devices division, is taking over the CEO
Read moreFord halts work on $3.5B EV battery factory with China’s CATL
Ford confirmed Monday it has immediately stopped work at a $3.5 billion factory in Michigan that was supposed to make cheaper lithium iron phosphate batteries using tech from China’s CATL. “We’re pausing work and limiting spending on construction on the Marshall project until we’re confident about our ability to competitively
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