May 2023

Renowned investor Elad Gil on how the great AI race will likely shake out

May 16, 2023

Elad Gil, a successful founder and prolific investor, has already been called Silicon Valley’s biggest solo venture capitalist given the massive amounts of capital he has been investing in recent years, including on behalf of institutions that reportedly include Harvard’s endowment. His track record goes a long way in explaining his quiet rise. For example, […]

Renowned investor Elad Gil on how the great AI race will likely shake out by Connie Loizos originally published on TechCrunch

Jenfi raises more funding for its “growth capital as a service” platform

May 16, 2023

Jenfi, a “growth-capital-as-a-service” platform, can provide online businesses with revenue-based financing in a little as a day. The Singapore-based startup announced today it has raised $6.6 million in pre-Series B funding, led by Headline Asia. Participation came from returning investor Monk’s Hill Ventures, which led Jenfi’s Series A two years ago, ICU Ventures, Granite Oak, Korea […]

Jenfi raises more funding for its “growth capital as a service” platform by Catherine Shu originally published on TechCrunch

Japanese construction tech Aldagram nails down backing from Panasonic

May 16, 2023

Aldagram, a startup out of Japan developing project management software for construction companies, has picked up a new strategic backer to help it build out its footprint across Asia and the Middle East. Panasonic, the consumer electronics giant that also develops solar panels, air conditioning units and many other products for its sizable buildings and […]

Japanese construction tech Aldagram nails down backing from Panasonic by Kate Park originally published on TechCrunch

TuSimple gets temporary reprieve from Nasdaq delisting

May 16, 2023

Autonomous trucking company TuSimple’s stock shot up 28% Monday after the company narrowly dodged a delisting from the Nasdaq stock exchange. TuSimple’s stock closed at $1.06 per share. TuSimple reported last week that it received a delisting notice from the Nasdaq for failing to file its quarterly report on time. The stock exchange was meant […]

TuSimple gets temporary reprieve from Nasdaq delisting by Rebecca Bellan originally published on TechCrunch

Alphabet’s Intrinsic launches Flowstate, a robotic app development platform

May 15, 2023

The hottest corner of the robotic space right now isn’t the robots themselves. Those companies have done an excellent job getting their systems out into places like warehouses and factories, but the broader question of actually managing and programming them is a bit fuzzier. Proprietary software for these robotics systems is generally difficult to develop […]

Alphabet’s Intrinsic launches Flowstate, a robotic app development platform by Brian Heater originally published on TechCrunch

Together raises $20M to build open source generative AI models

May 15, 2023

Generative AI — AI that can write essays, create artwork and music, and more — continues to attract outsize investor attention. According to one source, generative AI startups raised $1.7 billion in Q1 2023, with an additional $10.68 billion worth of deals announced in the quarter but not yet completed. There’s scores of competition, including […]

Together raises $20M to build open source generative AI models by Kyle Wiggers originally published on TechCrunch