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Anduril takes control of Microsoft’s $22B VR military headset program
The Army plans to grant upstart weapons maker Anduril control of one of its highest-profile and long-troubled projects known as the Integrated Visual Augmentation System (IVAS) pending final Department of Defense (DoD) approval, founder Palmer Luckey announced in a blog post Tuesday. IVAS was initially awarded to Microsoft in 2018 to develop augmented reality headsets […] 2024 TechCrunch. All rights reserved. For...
Published on: February 11, 2025 | Source:
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How Musk’s $97.4B bid could gum up OpenAI’s for-profit conversion
On Monday, Elon Musk, the world’s richest man, offered to buy the nonprofit that effectively governs OpenAI for $97.4 billion. The unsolicited buyout would be financed by Musk’s AI company, xAI, and a consortium of outside investors, per a letter sent to California and Delaware’s attorneys general. OpenAI CEO Sam Altman quickly dismissed Musk’s bid, […] 2024 TechCrunch. All rights reserved. For personal use only.
Published on: February 11, 2025 | Source:Squarespace to create 120 jobs in Irish expansion
The website provider will start hiring for the new roles immediately, with a focus on engineering and product jobs. Read more: Squarespace to create 120 jobs in Irish expansion
Published on: February 11, 2025 | Source:Stripe mulls employee shareholder sale at $85B-plus valuation
Stripe is in talks for another shareholder sale that could value the company at “at least” $85 billion, according to multiple reports and a source familiar with the matter. The Information first reported the news that the payments infrastructure giant is working to sell employee-owned stocks. The move would help workers gain some liquidity as […] 2024 TechCrunch. All rights reserved. For personal use only.
Published on: February 11, 2025 | Source:How this lab apprentice took a unique path to her pharma career
MSD’s Carrie Aldridge talks about her experience of the company’s laboratory apprenticeship programme. Read more: How this lab apprentice took a unique path to her pharma career
Published on: February 11, 2025 | Source:Fast break AI: How Databricks helped the Pacers slash ML costs 12,000X% while speeding up insights
The jaw-dropping decrease is a credit not only to Databricks, but PS&E's ability to reduce ML compute to near-infinitesimal amounts.
Published on: February 11, 2025 | Source:‘It’s getting more sophisticated’: AI and evolving cyber strategies
Palo Alto Networks CEO for the UK and Ireland, Alistair Wildman, discusses cybersecurity in the face of AI and the rise of platformisation. Read more: ‘It’s getting more sophisticated’: AI and evolving cyber strategies
Published on: February 11, 2025 | Source:Mast Reforestation hatched a plan to restore wildfire-ravaged forests. Investors took notice.
Mast enables reforestation without landowners needing to wait decades to harvest timber or claim carbon credits. 2024 TechCrunch. All rights reserved. For personal use only.
Published on: February 11, 2025 | Source:Key takeaways from the Paris AI Summit
The fresh funding from the EU comes a day after France announced a 109bn investment into AI. Read more: Key takeaways from the Paris AI Summit
Published on: February 11, 2025 | Source:You Could Win $500K – $5M in Funding. Announcing the SaaStr and Mayfield AI Demo Stage and Pitch Competition at SaaStr Annual
In partnership with Mayfield AI, you could win $500k - up to $5M in funding when you enter the SaaStr AI Pitch Competition! The post You Could Win $500K – $5M in Funding. Announcing the SaaStr and Mayfield AI Demo Stage and Pitch Competition at SaaStr Annual appeared first on SaaStr.
Published on: February 11, 2025 | Source:Iconiq: Top Quartile B2B Companies Are Growing 100% at $25m ARR — And Are Planning to Grow 35% Faster in 2025
Iconiq is one of the leading growth investors in B2B leaders and it has one of its latest reports out here on Efficiency & Growth in 2025. Two data are perhaps most helpful for founders. First, what’s the bar for top quartile growth among venture-backed B2B start-ups? At $25m ARR, the answer is: 100% growth... Continue Reading The post Iconiq: Top Quartile B2B Companies Are Growing 100% at $25m ARR — And Are...
Published on: February 11, 2025 | Source:NXP Semiconductors acquires NPU startup Kinara
NXP Semiconductors has agreed to acquire Kinara, a provider of programmable discrete neural processing units (NPUs). These devices enable a wide range of edge AI applications, including multi-modal ge...
Published on: February 11, 2025 | Source:Google backs Boston quantum startup QuEra in $230M debt round
Quantum computing, long relegated to the realm of the theoretical, feels like it is back on the agenda as a potentially viable alternative to the expensive race for even more computing power. On the heels of some notable advancements in quantum chips and error correction (two key hurdles for quantum computing), a startup out of […] 2024 TechCrunch. All rights reserved. For personal use only.
Published on: February 11, 2025 | Source:Google-backed Boston quantum startup QuEra raises $230M debt round
Quantum computing, long relegated to the realm of the theoretical, feels like it is back on the agenda as a potentially viable alternative to the expensive race for even more computing power. On the heels of some notable advancements in quantum chips and error correction (two key hurdles for quantum computing), a startup out of […] 2024 TechCrunch. All rights reserved. For personal use only.
Published on: February 11, 2025 | Source:Game Monument will let players fund titles by giving them credit inside games
NatePacyga had a big thought inside a cathedral, where he saw donors credited by their support of the Bath Abbey in the United Kingdom. He wondered why that can’t happen in video games. As game developers build their monumental creations, Pacyga thought that players could also get credit for their contributions inside the game. And[…]
Published on: February 11, 2025 | Source:ConverzAI bags $16M for virtual recruiters that deliver 30% efficiency boost for enterprises
AI-driven virtual recruiters handle key elements of the hiring process, including sourcing, engaging candidates, screening and placement.
Published on: February 11, 2025 | Source:Napkin AI’s ‘design agency’ of AI agents is changing how professionals create graphics
Napkin AI represents a new breed of vertical AI agents, generating a graphic that represents text within five seconds.
Published on: February 11, 2025 | Source:3D mood board and marketplace MattoBoard picks up $2M to launch AI visual search
MattoBoard, the makers of web-based software designed to simplify the creative process for interior designers and architects, is getting into AI. On Tuesday, the startup announced its $2 million seed funding round, which will support the launch of a new feature called Design Stream, an AI-driven visual search and discovery tool. The company’s software, a […] 2024 TechCrunch. All rights reserved. For personal use only....
Published on: February 11, 2025 | Source:Voyantis aims to help companies figure out their customers’ worth
How much is a customer worth to a company? That’s the eternal question. To arrive at an answer, customer and sales teams are often forced to use spreadsheets and other manual data analysis methods. The problem is, these methods tend to be slow and error-prone, leading to gaps in reporting processes. The challenge spurred two […] 2024 TechCrunch. All rights reserved. For personal use only.
Published on: February 11, 2025 | Source:Comulate raises $20M to help insurers work more smoothly
Unimaginable disasters like the fires in Los Angeles cause hundreds of billions of dollars in destruction, and put a huge focus on the role the insurance industry plays in the process of rebuilding. Those events also lead to major financial losses at the insurance companies themselves, and longer term, all of this will put a […] 2024 TechCrunch. All rights reserved. For personal use only.
Published on: February 11, 2025 | Source:Archer Aviation doubles down on defense aircraft with $300M raise
Escalating geopolitical tensions and a new administration with a hawkish defense agenda have led many startups to embrace dual-use strategies to secure revenue through military applications. It’s a trend that is already heating up in aerospace. Take Archer Aviation, a California-based startup building eVTOLs (electric vertical takeoff and landing vehicles). Until very recently, Archer’s go-to-market […] 2024...
Published on: February 11, 2025 | Source:Ansys says simulations will close the gap with reality and make the world more sustainable
You may not have heard of Ansys, but it's in the process of being acquired by chip design tool firm Synopsys for $35 billion.
Published on: February 11, 2025 | Source:How tea brewing makers BRU went from idea to 10,000+ sales and a €2 million raise
If you want someone to disrupt a traditional sector, ask a startup.Take tea. Serial entrepreneur Bogdan Krinitchko loves tea but not the process — what tea snobs call "the ritual" — of making it.As ...
Published on: February 11, 2025 | Source:Has GenAI moved on from cautious optimism to active exploration?
While more and more professionals are engaging with organisational AI, challenges such as insufficient training and a lack of trust remain. Read more: Has GenAI moved on from cautious optimism to active exploration?
Published on: February 11, 2025 | Source:Plain, founded by ex-Deliveroo employees, raises $15M Series A
Plain, a platform for B2B customer support, has raised $15M in Series A funding led by Battery Ventures, with continued participation from Index Ventures and Connect Ventures.Plain is a customer suppo...
Published on: February 11, 2025 | Source:NXP to buy edge AI chipmaker Kinara in $307m deal
The Netherlands-based semiconductor giant will utilise the start-up’s NPUs to better deliver scalable AI platforms. Read more: NXP to buy edge AI chipmaker Kinara in $307m deal
Published on: February 11, 2025 | Source:BT steps down as title sponsor of Young Scientist exhibition
The YSTE board is now searching for a new title sponsor. Read more: BT steps down as title sponsor of Young Scientist exhibition
Published on: February 11, 2025 | Source:Hydratac raises $3M for ‘extremely realistic’ shooter game
Hydratac, with just seven people working on a next-generation "extremely realistic" shooter game, has raised $3 million.
Published on: February 11, 2025 | Source:Phynd raises $10M for subscription-free smart TV cloud gaming platform
Phynd raised $10 million for its subscription-free smart TV cloud gaming platform. It comes from a man with an interesting pedigree.
Published on: February 11, 2025 | Source:UK game studio TonTon sees gaming on Telegram as "a billion-user opportunity waiting to be tapped"
If you're looking for online games, there's a marketplace you might not have considered —Telegram, the fourth-largest messaging app globally.It offers a diverse gaming ecosystem within the messaging a...
Published on: February 11, 2025 | Source:Spanish aerothermal platform Nido secures €5M
Nido, a tech platform for handling the marketing, design, and installation of aerothermal systems in the residential sector, has closed its Seed round, raising 5M.Nido is a Spanish technology compan...
Published on: February 11, 2025 | Source:Junction Growth Investors closes first Fund at €115M
Junction Growth Investors has closed its first fund at 115 million.The Belgium firm was founded in the summer of 2022 by a group of award-winning entrepreneurs, CEOs Bruno Vanderschueren (ex-Lampiri...
Published on: February 11, 2025 | Source:Belgium’s 1st remote-driven car service debuts, pioneering Europe’s first revenue-generating driverless operations
Ush and Poppy Launch Belgium’s First Remote-Driven Car Service at Port of Antwerp-Bruges.Ush and Poppy – subsidiaries of D’Ieteren, are rolling out Belgium’s first remote-driven car service to delive...
Published on: February 11, 2025 | Source:How Dialpad Hit $300M ARR by Building Their Own AI Stack: 5 Key Learnings
Dialpad’s Top Learnings Building Its Own AI Stack When it comes to AI implementation in SaaS, most companies are still figuring out whether to build or buy. But Dialpad has been quietly building their AI advantage for over 7 years, processing more than 8 billion minutes of conversations and hitting $300M ARR along the way.... Continue Reading The post How Dialpad Hit $300M ARR by Building Their Own AI Stack: 5 Key...
Published on: February 11, 2025 | Source:Xsolla teams up with AppsFlyer to provide analytics for web shops
Xsolla, a game commerce company, has partnered with AppsFlyer to provide analytics for web shops as alternative stores for game devs.
Published on: February 11, 2025 | Source: