Technology

Baidu’s $145M AI fund signals China’s push for AI self-reliance

June 1, 2023

The U.S.-China decoupling is giving rise to a divided tech landscape between the two major economies, shaping the development of the red-hot area of generative AI, which turns text into various forms of content like prose, images, and videos. China, in order to reduce dependence on the U.S. technological foundation, has been pursuing its own […]

Baidu’s $145M AI fund signals China’s push for AI self-reliance by Rita Liao originally published on TechCrunch

As part of AI push, Chinese tech giant Baidu is now rolling out an AI venture fund

June 1, 2023

Here comes yet more money for AI startups. Today, the Chinese search giant Baidu announced that it plans to establish a venture fund with 1 billion yuan ($145 million) to back start-ups focused on content generated by artificial intelligence applications. Reuters, which reported the news earlier, said the company will also launch a competition for […]

As part of AI push, Chinese tech giant Baidu is now rolling out an AI venture fund by Connie Loizos originally published on TechCrunch

The elephants in the room at Computex

June 1, 2023

This year’s Computex, the first since Taiwan eased pandemic-related travel restrictions, was a celebration of the world’s computing and chip industries. But amid the exhibitions, speeches and product announcements, like Jensen Huang’s packed Nvidia keynote (just a day before the company hit a trillion dollar valuation), several topics were barely hinted at, at least publicly. The […]

The elephants in the room at Computex by Catherine Shu originally published on TechCrunch

Measurabl, an ESG platform for real estate, raises $93M

June 1, 2023

Measurabl, a startup developing a platform for environmental, social and governance (ESG) data in the real estate space, today announced that it raised $93 million in a Series D funding tranche co-led by Energy Impact Partners and Sway Ventures. The round, which Measurabl CEO Matt Ellis described as oversubscribed, brought the company’s total raised to […]

Measurabl, an ESG platform for real estate, raises $93M by Kyle Wiggers originally published on TechCrunch

GetYourGuide books $194M at a $2B valuation with travel experiences back in business

June 1, 2023

The tourist industry is bouncing back after a rough couple of pandemic-stressed years, and in the case of some tourism and travel startups, its momentum is coming in at a pace that’s defying the even the current market climate. Today, GetYourGuide — a Berlin-based startup that has built a marketplace for finding and booking tourist, […]

GetYourGuide books $194M at a $2B valuation with travel experiences back in business by Ingrid Lunden originally published on TechCrunch

California lawmakers and AV industry battle for future of self-driving trucks

June 1, 2023

A California bill that would require a trained human safety operator to be present any time a heavy-duty autonomous vehicle operates on public roads in the state is getting traction. The bill, first introduced in January, passed the state’s Assembly Wednesday and will now face a committee review and vote in the Senate. Advocates of […]

California lawmakers and AV industry battle for future of self-driving trucks by Rebecca Bellan originally published on TechCrunch

Indian SaaS startup Capillary Technologies grabs $45M to expand globally

June 1, 2023

Capillary Technologies, an Indian SaaS startup that offers solutions for loyalty management and customer engagement, has raised $45 million in a funding round, as it plots plans to expand into global markets and widen its reach through mergers and acquisitions. The funding arrives at a crucial time amidst the prevailing market slowdown, where startups, particularly […]

Indian SaaS startup Capillary Technologies grabs $45M to expand globally by Jagmeet Singh originally published on TechCrunch

Popular Reddit app Apollo may go out of business over Reddit’s new, unaffordable API pricing

May 31, 2023

The maker of Apollo, one of the most popular third-party mobile apps for browsing Reddit, may have to close up shop due to Reddit’s recently announced new API pricing terms. App developer Christian Selig shared today that Reddit’s API pricing appears to be bad news for the future of third-party Reddit apps as it would […]

Popular Reddit app Apollo may go out of business over Reddit’s new, unaffordable API pricing by Sarah Perez originally published on TechCrunch