Liveblog: Watch Apple unveil the iPhone 15, Apple Watch Series 9 and more
The thrills, the chills and whatever “wonderlust” [sic] is. As you read this, we’re forming an orderly queue at One Apple Park, getting ready to watch the company unveil the iPhone 15 and Apple Watch Series 9. Need a quick crash course on what we’re expecting form today’s main event?
Read moreEnfabrica, which builds networking hardware to drive AI workloads, raises $125M
Enfabrica, a company building networking chips designed to handle AI and machine learning workloads, today announced that it raised $125 million in a Series B funding round that values the company at “five times” its Series A post-money valuation, according to co-founder and CEO Rochan Sankar. Led by Atreides Management
Read moreInstitutional crypto adoption in Asia is growing as the US market remains a question mark
After multiple industry-changing events crippled the industry’s advancement last year, the positive shift is welcome, according to several industry players in the region.
Read moreHiddenLayer raises $50M for its AI-defending cybersecurity tools
HiddenLayer, a security startup focused on protecting AI systems from adversarial attacks, today announced that it raised $50 million in a funding round co-led by M12 and Moore Strategic Ventures with participation from Booz Allen Hamilton, IBM, Capital One and TenEleven. Bringing the company’s total raised to $56 million, the
Read morePhilippines startup Parallax removes the friction from cross-border payments
Sending money across borders is filled with friction, like long wait times, high transaction costs and markups on currency exchange. A Philippines-based startup called Parallax wants to make the process faster and cheaper with a cross-border payments system that can be used for stablecoin, crypto or traditional currencies. Parallax has
Read moreEnglish learning platform ELSA lands $22.5M Series C
ELSA, the English language learning platform, announced today it has raised $22.5 million in Series C funding. It also launched ELSA AI Tutor, which draws on years of speech recognition data collected by the app and reproduces conversations through generative AI to help learners correct their pronunciation, grammar and tone.
Read moreTikTok Shop officially launches in the U.S.
After months of testing, TikTok has finally launched its e-commerce product, TikTok Shop, in the U.S — where it has more than 150 million users. As part of the rollout, the company is bringing features such as a dedicated shop tab on the home screen, live video shopping, shoppable ads,
Read moreE-bike subscription service Dance reaches 10,000 active subscribers
Here are two interesting tidbits of news about Dance, the German startup that offers electric bikes and mopeds via subscription packages. First, the company just added a handful of investors to top up its recent €12 million funding round. Second, Dance now has 10,000 active and paying members. For the
Read moreAscento’s robots aid overstretched security guards
Like in many industries, there’s an acute shortage of security guards. This means guards still on the job have to pull extra hours and are more likely to make mistakes because of fatigue. Ascento is stepping into the gap with autonomous security patrolling robots called Ascento Guards. Distinguished by their
Read moreCalifornia bill to ban driverless autonomous trucks goes to Newsom’s desk
In a blow to the autonomous trucking industry, the California Senate passed a bill Monday that requires a trained human safety operator to be present any time a self-driving, heavy-duty vehicle operates on public roads in the state. In effect, the bill bans driverless AV trucks. AB 316, which passed
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