The Download: China’s winning at advanced manufacturing, and a potential TikTok sale
Technology
Amazon wants to boost ten generative AI startups around the globe
Amazon’s first foray into the world of accelerator programs, designed to help early-stage startups build and launch, was focused on conversational AI back in 2016. Now, seven years later, Amazon has another AI accelerator – this time led by Amazon Web Services with a focus on the newest zeitgeist: generative artificial intelligence. Announced today, AWS […]
Amazon wants to boost ten generative AI startups around the globe by Natasha Mascarenhas originally published on TechCrunch
How Russia killed its tech industry
We are hurtling toward a glitchy, spammy, scammy, AI-powered internet
Shuttlers raises $4M to fuel its shared mobility solution across Nigeria
Shuttlers, a Nigerian shared mobility company that allows individual and corporate passengers to take rides on multiple bus routes via an app, has raised $4 million in a new funding round led by Verod-Kepple Africa Ventures (VKAV), a Pan-African focused venture capital firm. The round welcomed participation from follow-on investors, including VestedWorld, which led the […]
Shuttlers raises $4M to fuel its shared mobility solution across Nigeria by Tage Kene-Okafor originally published on TechCrunch
Lightspeed backs Indian startup Zyod aiming to make apparel manufacturing more efficient
Zyod, an Indian startup offering apparel sourcing and manufacturing to fashion brands globally, has raised $3.5 million in a seed funding led by Lightspeed Venture India Partners. As the e-commerce sector makes inroads, consumers are finding increasing convenience in purchasing clothes online. However, fashion brands continue to grapple with the challenges of sourcing and producing […]
Lightspeed backs Indian startup Zyod aiming to make apparel manufacturing more efficient by Jagmeet Singh originally published on TechCrunch
After New Zealand, Australia bans TikTok on official devices
Australia joined a long list of western countries banning TikTok on official devices today. Attorney-General Mark Dreyfus announced the move today and said the prohibition will be implemented “as soon as practicable.” In the announcement, Dreyfus said that the decision was taken “after receiving advice from intelligence and security agencies.” breaking: attorney-general Mark Dreyfus confirms […]
After New Zealand, Australia bans TikTok on official devices by Ivan Mehta originally published on TechCrunch
‘There’s too much opportunity’ in Cerebral Valley
Evan Buhler moved to San Francisco’s Hayes Valley three months ago to build an AI company that would combine the buzzy technology and his experience as a startup attorney. At the time, he didn’t realize he had moved to the heart of a movement. Hayes Valley, which has been nicknamed “Cerebral Valley” by tech enthusiasts […]
‘There’s too much opportunity’ in Cerebral Valley by Natasha Mascarenhas originally published on TechCrunch
Quantexa raises $129M at a $1.8B valuation to help navigate online fraud and customer data management
Financial fraud and other online crime continue to present major threats to businesses, and they remain a key focus for regulators requiring more rigorous efforts to keep illicit activity at bay. Now, Quantexa — one of the big startups providing AI and other tools to major banks and others in financial services, governments and other […]
Quantexa raises $129M at a $1.8B valuation to help navigate online fraud and customer data management by Ingrid Lunden originally published on TechCrunch
A knife so sharp you don’t feel it cut
There’s an ongoing and heated debate about whether generative AI — like the technology that powers OpenAI’s ChatGPT — is either an overblown parlor trick, or a an existential threat to humanity that’s already raging out of control. The truth is of course some more nuanced point between these two extremes, but no matter what […]
A knife so sharp you don’t feel it cut by Darrell Etherington originally published on TechCrunch