Technology

SoundHound, the voice AI company, raises $25M after laying off 40% of staff earlier this month

January 24, 2023

AI may be getting hyped as the next billion dollar (or, much bigger) opportunity these days after that mega round for OpenAI from Microsoft, but that rising tide is not lifting all boats. SoundHound — the voice AI company that provides conversational AI services for automotive, connected home and hospitality applications — earlier this month […]

SoundHound, the voice AI company, raises $25M after laying off 40% of staff earlier this month by Ingrid Lunden originally published on TechCrunch

B2B sales closing and financing platform Vartana raises $12M

January 24, 2023

The software-as-a-service (SaaS) industry is facing budget constraints and reductions in headcount as a result of the pandemic and the broader slowdown in tech. Companies have tightened up their budgets for SaaS purchases, looking to keep cash on hand while growing more efficiently. That’s why Kush Kella and Ahmed Sharif founded Vartana (which my colleague […]

B2B sales closing and financing platform Vartana raises $12M by Kyle Wiggers originally published on TechCrunch

The Download: some good climate news, and a revolutionary new chip design

January 24, 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. A few pieces of good news on climate change (and a reality check) When it comes to the climate, the picture can look bleak. Emissions of the greenhouse gasses that cause climate change…

Forward Networks raises $50M for digital twin technology to help model, manage and secure complex enterprise networks

January 24, 2023

Digital twins — virtual representations of actual systems — have become an important component in how engineers and analysts build, visualize and operate AI projects, network security, and other complicated architectures that might have a number of components working (or malfunctioning as the case may be) in tandem. Today, a startup called Forward Networks — […]

Forward Networks raises $50M for digital twin technology to help model, manage and secure complex enterprise networks by Ingrid Lunden originally published on TechCrunch

Spain’s delivery platform Glovo fined again for breaching labor laws

January 24, 2023

Another penalty for Spain’s homegrown on-demand delivery app and dark store operator, Glovo — which has been fined close to €57 million (~$62M) for breaching local labor laws by falsely classifying 7,800+ of its delivery couriers in Madrid as self-employed, per local newspaper El Diario. Citing sources familiar with the Labor department’s investigation of Glovo, […]

Spain’s delivery platform Glovo fined again for breaching labor laws by Natasha Lomas originally published on TechCrunch

The economy is down, but AI is hot. Where do we go from here?

January 24, 2023
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. Oh man, it’s brutal out there. One by one, the world’s richest tech companies have announced massive layoffs. Just last week, Alphabet announced it was laying off 12,000 people. There have been…

These simple design rules could turn the chip industry on its head

January 24, 2023
RISC-V is one of MIT Technology Review’s 10 Breakthrough Technologies of 2023. Explore the rest of the list here. Python, Java, C++, R. In the seven decades or so since the computer was invented, humans have devised many programming languages—largely mishmashes of English words and mathematical symbols—to command transistors to do our bidding.  But the…

Strava acquires Fatmap, a 3D mapping platform for the great outdoors

January 24, 2023

Strava, the activity tracking and social community platform used by more than 100 million people globally, has acquired Fatmap, a European company that’s building a high-resolution 3D global map platform for the great outdoors. Terms of the deal were not disclosed. Founded in 2009, Strava has emerged as one of the preeminent activity tracking services, […]

Strava acquires Fatmap, a 3D mapping platform for the great outdoors by Paul Sawers originally published on TechCrunch