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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

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

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

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

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

Foxconn said on Tuesday it plans to submit an application to access incentives under India’s semiconductor manufacturing policy even as the Taiwanese giant has pulled out of the nation’s flagship $19.5 billion joint venture with local conglomerate Vedanta. “Foxconn is working toward submitting an application related to the ‘Modified Programme for Semiconductors and Display Fab […]

Foxconn pursues India incentive despite withdrawing from Vedanta venture by Manish Singh originally published on TechCrunch

Amazon is looking to debut a TV show in India that will look to identify promising startups in the South Asian market, people familiar with the matter said. The Prime Video show, to be unveiled as early as Wednesday, has been in the works for several months and involves participation from various government bodies and […]

Amazon readies TV series on Indian startups by Manish Singh originally published on TechCrunch