Technology

Lightspeed makes first investment in Africa, backing Ghana’s Berry Health

June 29, 2023

Sexual and mental health stigmatization in Africa has evolved over several decades to a point where negligence to address the issue has led to the continent topping the charts in sexually transmitted infections (STIs) and mental health cases. For one, around 11 people per 100,000 die by suicide in Africa yearly, according to the World […]

Lightspeed makes first investment in Africa, backing Ghana’s Berry Health by Tage Kene-Okafor originally published on TechCrunch

Lab-grown meat just reached a major milestone. Here’s what comes next. 

June 29, 2023
This article is from The Spark, MIT Technology Review’s weekly climate newsletter. To receive it in your inbox every Wednesday, sign up here. I briefly became a vegetarian around the age of 13. The story is a common one in my generation, I think: I saw a video of slaughterhouse conditions, cried my eyes out,…

Meta expects recommendation models ‘orders of magnitude’ bigger than GPT-4. Why?

June 29, 2023

Meta made a remarkable claim in an announcement published today intended to give more clarity on its content recommendation algorithms. It’s preparing for behavior analysis systems “orders of magnitude” bigger than the biggest large language models out there, including ChatGPT and GPT-4. Is that really necessary? Every once in a while Meta decides to freshen […]

Meta expects recommendation models ‘orders of magnitude’ bigger than GPT-4. Why? by Devin Coldewey originally published on TechCrunch

B Garage raises $20M for its warehouse inventory drones 

June 29, 2023

B Garage, a San Jose-based startup building autonomous drones along with software to track warehouse inventory, said today that it has picked up $20 million in a Series A round of funding.  New investor LB Investment led the Series A funding with participation from Ignite Innovation Fund, Krossroad Partners and existing backer SoftBank Ventures Asia. The […]

B Garage raises $20M for its warehouse inventory drones  by Kate Park originally published on TechCrunch

Material Evolution raises $19M to decarbonise the cement industry

June 29, 2023

In the industrial world, cement is about as omnipresent as materials get. But despite its clear and obvious utility, cement is responsible for some 8% of global CO2 emissions — if it was a country, it would be third biggest emitter globally, by some estimations. While cement’s ubiquity comes largely down to how easy it […]

Material Evolution raises $19M to decarbonise the cement industry by Paul Sawers originally published on TechCrunch

TuSimple may sell US business as it turns attention to Asia

June 28, 2023

Self-driving truck developer TuSimple may sell its U.S. business, the company said in a regulatory filing Wednesday. TuSimple, which is on the verge of being delisted from the Nasdaq stock exchange for failing to file two quarterly reports, said it is exploring strategic alternatives for its U.S. business, including a possible sale. The company also […]

TuSimple may sell US business as it turns attention to Asia by Rebecca Bellan originally published on TechCrunch

The Emergent Industrial Metaverse

June 28, 2023
The industrial metaverse has the potential to virtually and literally revolutionize the real world. By merging digital twins with their real-world counterparts, companies can optimize production and processes in a continuous feedback loop at previously unattainable speeds. This convergence of digital and real worlds will change the way we work and collaborate, enabling real-time interaction…

Universal Data Intelligence: The Backbone for AI

June 28, 2023
As organizations transition to data-driven business models, they must store, protect, and most importantly analyze their data. AI, automation, cloud, and as-a-service models all must frictionlessly interweave to achieve universal data intelligence and enable businesses to gain a competitive advantage from their data. About the speakers Bharti Patel, SVP, Head of Engineering, Hitachi Vantara Bharti Patel…

Brex refocuses on startups with hire of SVB veteran, ex-a16z partner

June 28, 2023

Just over one year ago, spend management decacorn Brex declared that it was “less suited to meet the needs of smaller customers” in an announcement that caused shock waves in the startup community. While Brex soon clarified that by smaller customers it meant small to medium-sized businesses and non-funded startups, the move still felt like […]

Brex refocuses on startups with hire of SVB veteran, ex-a16z partner by Mary Ann Azevedo originally published on TechCrunch

Celestial AI raises $100M to transfer data using light-based interconnects

June 28, 2023

David Lazovsky and Preet Virk, technologists with backgrounds in semiconductor engineering and photonics, came to the joint realization several years ago that AI and machine learning workloads would quickly encounter a “data movement” problem. Increasingly, they predicted, it would become challenging to move data to and from compute hardware as AI models scaled past what […]

Celestial AI raises $100M to transfer data using light-based interconnects by Kyle Wiggers originally published on TechCrunch