Ubicloud wants to build an open source alternative to AWS
Using the large cloud computing providers is convenient, but not exactly cheap. Ubicloud, a new startup founded by the team behind Citus Data, which Microsoft acquired in 2019, wants to change the dynamics by offering a layer of core cloud computing services on top of affordable bare-metal servers from providers
Read moreEma, a ‘Universal AI employee’, emerges from stealth with $25M
Generative AI well and truly has a grip on public technology discourse these days. A new startup called Ema out of San Francisco thinks it’s a lot more than just a passing fancy. It’s emerging from stealth today, with a product of the same name, that it believes will open
Read moreBinance to halt naira services amid ongoing regulatory probe in Nigeria
Binance will discontinue its naira (NGN) services in response to heightened regulatory scrutiny in Nigeria, it said in a blog post today. The cryptocurrency exchange will begin delisting any existing NGN spot trading pairs by Thursday, March 7. It advised users to withdraw, trade, or convert their NGN assets into
Read moreCompetition in AI video generation heats up as Deepmind alums unveil Haiper
AI-powered video generation is a hot market on the back of OpenAI’s releasing Sora model last month. Two Deepmind alums Yishu Miao and Ziyu Wang have publicly released their video generation tool Haiper with its own AI model underneath. Miao, who was previously working at TikTok in the Global Trust
Read moreSOLO’s new credit bureau concept helps lenders ditch third-party data
Georgina Merhom developed the concept for SOLO after helping freelancers in Egypt who didn't have bank accounts. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreNormal subgroups are subtle
The definition of a subgroup is obvious, but the definition of a normal subgroup is subtle. Widgets and subwidgets The general pattern of widgets and subwidgets is that a widget is a set with some kind of structure, and a subwidget is a subset that has the same structure. This
Read moreNew report confirms Europe’s tech investment doldrums, but there are signs of life
Europe is suffering from a big hangover after the tech investment party of the 2020-2021 period. That said, compared to pre-pandemic levels, VC investment in European startups is up, historically speaking, and reached $60 billion, according to a new report. However, the anomaly of the surge in investment over the
Read moreRemotePass, which helps companies onboard, manage, pay and retain remote workers, raises $5.5M
As remote work becomes increasingly prevalent, organizations globally are adapting, especially regarding onboarding procedures for new employees and navigating cross-border payment complexities. This new age of work has led to a surge in demand for startups that provide human resources (HR), payroll and compliance tools to help businesses hire remotely. RemotePass,
Read moreDeel acquires Africa’s PaySpace, says it’s crossed $500M in ARR
HR startup Deel said it is acquiring Africa's PaySpace in a deal that marks its largest acquisition to date. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreMultiverse raises $27M for quantum software targeting LLM leviathans
We’re still years away from seeing physical quantum computers break into the market with any scale and reliability, but don’t give up on deep tech. The market for high-level quantum computer science — which applies quantum principles to manage complex computations in areas like finance and artificial intelligence — appears
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