Beyond Aero is building a hydrogen-powered jet
The aviation industry is well aware of its carbon footprint, but it’s not an industry where things change quickly.
US AI Safety Institute could face big cuts
The National Institute of Standards and Technology could fire as many as 500 staffers, according to multiple reports — cuts that further threaten a fledgling AI safety organization. Axios reported this week that the US AI Safety Institute (AISI) and Chips for America, both part of NIST, would be “gutted” by layoffs targeting probationary employees […]
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September 2023
Aptos Labs adds Coinbase Pay to its Petra crypto wallet
Petra, a crypto wallet built by Aptos Labs, is integrating Coinbase Pay onto its desktop and mobile applications in hopes of alleviating web3’s growing pains, the companies exclusively told TechCrunch. To date, Petra has integrated into over 160 decentralized applications, including Pyth, LayerZero and PancakeSwap. This partnership aims to help alleviate the headaches that many […]
AI startup speeds up the creation of climate-resilient crops
Creating crops that’ll endure climate change — think worse droughts, heat waves and pests — is a time-consuming and costly feat. Avalo is betting its machine learning models can speed that process up and make it a whole lot cheaper too. The Durham, North Carolina–based startup, which pitched onstage at the TechCrunch Disrupt Startup Battlefield […]
America’s Downtowns Are Hurting in an Era of Remote and Hybrid Work — Question Is, Will They Survive?
Is the era of downtowns over?
Federal Reserve Interest Rate Decision Tomorrow — What to Expect
Central banks play a vital role in maintaining economic stability through the control of monetary policy. The Federal Reserve, as one of the most influential financial institutions globally, is responsible…
Want to Go Green? A New Study Says Full-Time Remote Workers Slash Their Greenhouse Gas Emissions By Half
Hybrid employees, meanwhile, cut their emissions by a third.
SVB’s commercial banking president: ‘Come on back, the water’s fine’
Four players in the banking industry spoke about what they are doing to offer startups and investors new alternatives in a post-SVB world.
Allie wants to layer intelligence on top of factory floors
Factory downtime is an expensive problem. According to one estimate, it costs enterprise companies 11% of their yearly turnover, amounting to almost $1.5 trillion each year. That works out to about $129 million per facility among Fortune 500 companies, over double what Fortune 500 companies reported paying in downtime in 2020. Part of the reason […]
Bird acquires Spin scooters from Tier for $19M
Shared micromobility company Bird has acquired competitor Spin from Tier for $19 million, including $10 million in cash, $6 million in a vendor take back and $3 million as a hold back. Tier had purchased Spin from Ford back in March 2022 to expand its presence in the U.S., but Tier has struggled to maintain […]
Last Call for Tax Procrastinators: Don’t Miss This Upcoming Tax Deadline or Expect to Pay These Penalties
If you filed for a six-month extension on your taxes, that deadline is approaching fast.