Technology

Scale AI cuts 20% of its workforce

January 10, 2023

Scale AI, the San Francisco-based company that uses software and people to label image, text, voice and video data for companies building machine learning algorithms, laid off 20% of its workforce this week. The decision, which was announced by founder and CEO Alexandr Wang via a company blog post, was made after rapid hiring in […]

Scale AI cuts 20% of its workforce by Kirsten Korosec originally published on TechCrunch

Web3-focused Beacon launches flagship demo day with 13 crypto startups

January 10, 2023

We’re only in the second week of 2023, but demo days have already begun as founders try to keep momentum alive in the ever-changing crypto market. Beacon, a web3-focused early-stage accelerator program, launched last year, and its flagship cohort just graduated. The teams in the first cohort, known as Cohort 0, presented their ideas on […]

Web3-focused Beacon launches flagship demo day with 13 crypto startups by Jacquelyn Melinek originally published on TechCrunch

BioNTech acquires Tunisian-born and U.K-based AI startup InstaDeep for £562M

January 10, 2023

German-based biotech company BioNTech SE is set to acquire InstaDeep, a Tunis-born and U.K.-based artificial intelligence (AI) startup InstaDeep for up to £562 million (~$680 million) in its largest deal yet. Per The Financial Times, the German vaccine maker intends to use InstaDeep’s machine learning to “improve its drug discovery process, including developing personalised treatments tailored […]

BioNTech acquires Tunisian-born and U.K-based AI startup InstaDeep for £562M by Tage Kene-Okafor originally published on TechCrunch

Check out the final four startups pitching tomorrow at CCC Web3 Demo Day

January 10, 2023

Tomorrow, January 11, is a big day in the web3 universe. It’s The Cross Chain Coalition Web3 Demo Day, a showcase of 12 boundary-pushing early-stage startups building projects across web3, DeFi, NFT and gaming. Today we’re revealing the final four startups ready to deliver their best five-minute pitch to a global audience, including some of […]

Check out the final four startups pitching tomorrow at CCC Web3 Demo Day by Lauren Simonds originally published on TechCrunch

IonQ acquires quantum networking specialist Entagled Neworks

January 10, 2023

IonQ, the trapped ion quantum computing company that went public via a SPAC in late 2021, today announced that it has acquired Entangled Networks, a Toronto-based startup that helps industrial and academic users build and optimize multi-quantum-processor solutions, using specialized networking techniques. The two companies did not disclose the price of the acquisition. This marks […]

IonQ acquires quantum networking specialist Entagled Neworks by Frederic Lardinois originally published on TechCrunch

The Download: iRobot privacy scandal, and AI that makes images

January 10, 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. Roomba testers feel misled after intimate images ended up on Facebook When Greg unboxed a new robot vacuum cleaner in December 2019, he thought he knew what he was getting into. As a…