Technology

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…

FemTech: In a Quest For Better Female Health

January 10, 2023
The term ‘femTech’ was coined in 2016 by Danish entrepreneur Ida Tin, as a way to legitimize and drive innovation in the female health technology sector

Microsoft partners with AiFi to launch Smart Store Analytics, a tracking service for cashierless outlets

January 10, 2023

In partnership with AiFi, a startup that aims to enable retailers to deploy autonomous shopping tech cost-effectively, Microsoft today launched a preview of a cloud service called Smart Store Analytics. A part of Microsoft’s Cloud for Retail product suite, Smart Store Analytics provides retailers using AiFi’s technology with shopper and operational analytics for their fleets […]

Microsoft partners with AiFi to launch Smart Store Analytics, a tracking service for cashierless outlets by Kyle Wiggers originally published on TechCrunch

The EU wants to regulate your favorite AI tools

January 10, 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. How was your break? I spent mine back home in snowy Finland, extremely offline. Bliss! I hope you’re well-rested, because this year is going to be even wilder than 2022 for AI.  Last…