YC grad, RetailReady raises $3.3M for an AI warehouse app that hopes to save brands billions
RetailReady targets the $40 billion compliance market to help reduce the number of retail compliance losses that shippers incur annually due to incorrectly shipped packages. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreDatabricks expands Mosaic AI to help enterprises build with LLMs
A year ago, Databricks acquired MosaicML for $1.3 billion. Now rebranded as Mosaic AI, the platform has become integral to Databricks’ AI solutions. Today, at the company’s Data + AI Summit, it is launching a number of new features for the service. Ahead of the announcements, I spoke to Databricks
Read moreForesite Capital raises $900M sixth fund for investing in healthcare and life sciences companies
Venture fundraising has been a slog over the last few years, even for firms with a strong track record. That’s Foresite Capital’s experience. Despite having 47 IPOs, 28 M&As and 58 FDA-approved drugs under its belt, the 13-year-old multi-stage healthcare and life sciences firm took two years to raise its
Read morePower method and centrality
A few days ago I wrote about eigenvector centrality, a way of computing which nodes in a network are most important. Rather than simply looking for the most highly connected nodes, it looks for nodes that are highly connected to nodes that are highly connected. It’s the idea behind Google’s
Read moreGorilla, a Belgian startup that helps energy providers crunch big data, raises $25M
Gorilla, a Belgian company that serves the energy sector with real-time data and analytics for pricing and forecasting, has raised €23 million ($25 million) in a Series B round led by U.S. venture capital firm Headline. Founded in 2018, Antwerp-based Gorilla works with energy providers across Europe, the U.S. and
Read moreFabless AI chip makers Rebellions and Sapeon to merge as competition heats up in global AI hardware industry
South Korea’s fabless AI chip industry saw a slew of fundraising events over the last couple of years as demand for hardware to power AI applications skyrocketed, and it seems the space is already consolidating. Two of the country’s prominent fabless AI chip startups, Rebellions and Sapeon, have agreed to
Read moreThe apps that Apple Sherlocked at WWDC 2024
Here's a list of third-party apps that were Sherlocked by Apple at this year's WWDC. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreGermany’s Black Semiconductor raises $273M for graphene-based chip tech
Tech sovereignty has become a looming priority for a number of nations these days, and now a startup working in semiconductors has received a major boost in aid of that effort for Germany and Europe. Black Semiconductor, which is developing a new kind of chip-connecting technology based on graphene, has
Read moreLet there be Light! Danish startup exits stealth with $13M seed funding to bring AI to general ledgers
It’s not the sexiest of subject matters, but someone needs to talk about it: The CFO tech stack — software used by the chief financial officers of the world — is ripe for disruption. That’s according to Jonathan Sanders, CEO and co-founder of fledgling Danish startup Light, which exits stealth
Read moreElon Musk has unusual relationships with women at SpaceX, WSJ reports
Image: Laura Normand / The Verge Elon Musk had a sexual relationship with a former SpaceX intern, who he later hired onto his executive team, according to The Wall Street Journal. He also had a sexual relationship with a second employee. And a third woman alleged that Musk asked her
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