February 2023

Redwood Materials lands $2B conditional loan from DOE

February 9, 2023

Battery materials and recycling startup Redwood Materials has secured a conditional commitment for a $2 billion loan from the Department of Energy as part of the Biden Administration’s bid to build up a supply chain for EVs in the United States. The conditional commitment from DOE’s loan program office, which was announced Thursday, is part […]

Redwood Materials lands $2B conditional loan from DOE by Kirsten Korosec originally published on TechCrunch

GM locks in exclusive semiconductor chip production with GlobalFoundries

February 9, 2023

Automakers have struggled in recent years to secure the semiconductor chips needed in today’s modern and increasingly tech-laden vehicles. The shortage has chipped away at profits, periodically idled factories and left automakers with unfinished vehicles that consumers are ready to buy. Now, GM has struck a deal with Globalfoundries to alleviate that problem. The two […]

GM locks in exclusive semiconductor chip production with GlobalFoundries by Kirsten Korosec originally published on TechCrunch

Statsig expands its free feature management tools

February 9, 2023

Statsig, the well-funded Bellevue, Washington-based startup that enables product teams to test and evaluate new features with the help of feature gates and other experimentation tools (using live data from real customers), today announced that it is essentially making its feature gating capabilities available for free to most users. The new allowance in the free […]

Statsig expands its free feature management tools by Frederic Lardinois originally published on TechCrunch

Amex and Microsoft turn to AI to make expense reports less horrible

February 9, 2023

ChatGPT is getting all the attention as of late, but modern AI technologies have a range of use cases beyond finally making Bing useful. One emerging trend is putting AI to work to aid with the frustrating and laborious task of filing and auditing corporate expense reports. Today, Microsoft and American Express announced a deal […]

Amex and Microsoft turn to AI to make expense reports less horrible by Sarah Perez originally published on TechCrunch

Lunar, the Danish neobank last year valued at $2.2B, raises $38M to shoot for the profitability moon

February 9, 2023

Lunar, a neobank out of Denmark, last year raised money at a $2.2 billion valuation from a splashy set of investors that included Heartland, Kinnevik, Tencent, IDC Ventures and comedian Will Ferrell, to fill out its ambition to build a financial “super app.” Times being tough for startups right now, Lunar has raised yet again, […]

Lunar, the Danish neobank last year valued at $2.2B, raises $38M to shoot for the profitability moon by Ingrid Lunden originally published on TechCrunch