Technology

UK’s early-stage media tech VC GMG Ventures rebrands to Mercuri, closes £50M fund

July 4, 2023

UK-based early-stage media technology venture capital firm GMG Ventures has rebranded to Mercuri. It has also raised £50 million ($81.35 million) for its second fund led by British Business Bank, through its Enterprise Capital Funds programme, to back startups using artificial intelligence to reinvent traditional media models. Other investors in the latest fund include The […]

UK’s early-stage media tech VC GMG Ventures rebrands to Mercuri, closes £50M fund by Annie Njanja originally published on TechCrunch

Rivian delivers first electric vans to Amazon in Europe

July 4, 2023

Amazon has begun rolling out its custom electric delivery vans from Rivian in Europe, the e-commerce giant said Monday. This will be Rivian’s first commercial shipment of vans outside the United States. The first tranche of 300 vans will be seen on streets in Munich, Berlin and Dusseldorf in the coming weeks. Amazon already has […]

Rivian delivers first electric vans to Amazon in Europe by Rebecca Bellan originally published on TechCrunch

Kenya’s MyDawa aims to be an all-in-one health platform backed by $20 million funding

July 3, 2023

Kenyan e-health startup MyDawa has raised $20 million funding from private equity investor Alta Semper Capital, to expand its regional reach and product offerings with the aim of becoming an all-in-one health platform for users. MyDawa, which launched in 2016, has diversified from an e-pharmacy to include online and in-person consultations, and laboratory services at […]

Kenya’s MyDawa aims to be an all-in-one health platform backed by $20 million funding by Annie Njanja originally published on TechCrunch

Tiny acquires HappyFunCorp, the prolific firm that’s built apps for Twitter, Amazon and more, for $30M

July 3, 2023

M&A and consolidation continue to be major themes in the tech world as companies look for their next steps in a tight market. That’s a trend impacting not just startups and larger tech companies, but the firms that work closely with them. In the latest development, HappyFunCorp — a product engineering house that designs and builds […]

Tiny acquires HappyFunCorp, the prolific firm that’s built apps for Twitter, Amazon and more, for $30M by Ingrid Lunden originally published on TechCrunch

Can Humans Trust AI For Language Translation?

July 3, 2023
AI technology has emerged as a transformative force, revolutionizing almost every industry. However, the question remains: can global businesses fully rely on AI for translation?

The Download: lab-grown meat’s climate impact, and Congress’ AI plans

July 3, 2023
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. Here’s what we know about lab-grown meat and climate change Soon, the menu in your favorite burger joint could include not only options made with meat, mushrooms, and black beans but also patties…

Three things to know about how the US Congress might regulate AI

July 3, 2023
This article is from The Technocrat, MIT Technology Review’s weekly tech policy newsletter about power, politics, and Silicon Valley. To receive it in your inbox every Friday, sign up here. Last week, Senate majority leader Chuck Schumer (a Democrat from New York) announced his grand strategy for AI policymaking at a speech in Washington, DC, ushering in what…

Here’s what we know about lab-grown meat and climate change

July 3, 2023
MIT Technology Review Explains: Let our writers untangle the complex, messy world of technology to help you understand what’s coming next. You can read more here. Soon, the menu in your favorite burger joint could include not only options made with meat, mushrooms, and black beans but also patties packed with lab-grown animal cells. Not…