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The Download: India’s AI independence, and predicting future epidemics
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Inside India’s scramble for AI independence Despite its status as a global tech hub, India lags far behind the likes of the US and China when it comes to homegrown AI. That gap…
July 2023
Here’s the Best State to Start a Business — and the Worst, New Research Reveals
Deciding where to launch your next venture could be just as important as the idea itself.
T2 Biosystems (TTOO) vs. Merit Medical Systems (MMSI): Which Is the Better Growth Stock?
With the rising prevalence of chronic diseases, consistent growth in the geriatric population, support from regulatory bodies, and the integration of digital technology, the medical device industry’s outlook looks promising….
Rocsys wants to automate EV charging, starting in ports and yards
America’s logistics sector is becoming more electrified and autonomous, and Rocsys, a Dutch startup, wants to hit that sweet spot in the middle. Rocsys has created a robotic arm that can transform any electric vehicle charger into an autonomous charger. In yards and ports, where vehicle uptime is crucial and the margin for error is […]
Rocsys wants to automate EV charging, starting in ports and yards by Rebecca Bellan originally published on TechCrunch
China’s search engine pioneer unveils open-source large language model to rival OpenAI
In February, Sogou founder Wang Xiaochuan said on Weibo that “China needs its own OpenAI.” The Chinese entrepreneur is now inching closer to his dream as his nascent startup Baichuan Intelligence rolled out its next-generation large language model Baichuan-13B today. Baichuan is being touted as one of China’s most promising LLM developers, thanks to its […]
China’s search engine pioneer unveils open-source large language model to rival OpenAI by Rita Liao originally published on TechCrunch
Instant bank payments startup Ivy secured $7.7M in Seed round led by Creandum
Ivy, an API for instant bank payments, has secured €7 million ($7.7 million) in a seed investment round led by European VC Creandum. Payment and transaction fees can rack-up because of card networks, gateways and wallets that are all involved in today’s online transactions. Ivy’s solution is to allow merchants to accept instant bank payments […]
Instant bank payments startup Ivy secured $7.7M in Seed round led by Creandum by Mike Butcher originally published on TechCrunch
Solaris raises $42M at a flat $1.6B valuation to expand in embedded finance after a rough 2022
Solaris — the German fintech that, when it was known as Solarisbank, raised hundreds of millions of dollars to build out its embedded finance platform — is today announcing more funding. The company, used by the likes of Samsung, American Express and Coinbase to provide various financial services to their customers, has picked up €38 […]
Solaris raises $42M at a flat $1.6B valuation to expand in embedded finance after a rough 2022 by Ingrid Lunden originally published on TechCrunch
Weather forecasting is having an AI moment
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. Is it hot where you are? It sure is here in London. I’m writing this newsletter with a fan blasting at full power in my direction and still feel like my…
Raft, which services freight forwarders, closes $30M Series B led by Eight Roads VC
During the pandemic, the digitisation of the freight industry took off like a rocket, and stayed that way. To date, Forto has raised almost $600 million, Nuvocargo $75 million, Zencargo $66 million, and Freightify $14.5 million. All are associated with streamlining/digitising freight logistics in some way. This meant, of course that freight forwarders and customs […]
Raft, which services freight forwarders, closes $30M Series B led by Eight Roads VC by Mike Butcher originally published on TechCrunch
Feels like you missed the generative AI train? 5 steps for speeding ahead in 90 days
This article is for any founder who feels like they’re late for the train — or who’s all aboard, but not going fast enough.
Feels like you missed the generative AI train? 5 steps for speeding ahead in 90 days by Walter Thompson originally published on TechCrunch