Vancouver’s Fantuan raises $40M to deliver real Chinese food at your doorstep

December 5, 2023

For those who move abroad from China, one thing they miss dearly is the convenience of food delivery apps. Fantuan, a Vancouver-based company, has been working on replicating the experience of Chinese food delivery platforms in the West for the past nine years. Recently, it raised some fresh capital to further advance its goal — […]

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Foretellix raises $85M to build and test scenarios for self-driving systems

December 5, 2023

On their way to building fully-autonomous vehicles, self-driving car makers are facing a tall task: training their AIs to be able to respond reliably to any and all scenarios that a car, truck or bus might encounter as well as, or hopefully better, than a human would. Today, a startup with a platform to help […]

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AI’s carbon footprint is bigger than you think

December 5, 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. World leaders are currently in Dubai for the UN COP28 climate talks. As 2023 is set to become the hottest year on record, this year’s meeting is a moment of reckoning for oil…

Used by only a few nerds, Facebook kills PGP-encrypted emails

December 5, 2023

In 2015, as part of the wave of encrypting all the things on the internet, encouraged by the Edward Snowden revelations, Facebook announced that it would allow users to receive encrypted emails from the company. Even at the time, this was a feature for the paranoid users. By turning on the feature, all emails sent […]

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Meta set to discontinue cross-messaging between Instagram and Facebook

December 5, 2023

Meta has silently updated its support pages to indicate that the company won’t let users on Instagram message their Facebook contacts anymore. The company, as pointed out by 9to5Google, said the feature will shut down mid-December — without specifying a date. The support page indicates that while you won’t be able to start new cross-platform […]

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Make no mistake—AI is owned by Big Tech

December 5, 2023
Until late November, when the epic saga of OpenAI’s board breakdown unfolded, the casual observer could be forgiven for assuming that the industry around generative AI was a vibrant competitive ecosystem.  But this is not the case—nor has it ever been. And understanding why is fundamental to understanding what AI is, and what threats it…

Omniful, a supply chain and e-commerce enablement startup, emerges from stealth with $5.85M

December 5, 2023

Supply chain and e-commerce enablement startup, Omniful, has today emerged from stealth with $5.85 million seed funding led by VentureSouq, with participation from 500 Global, DASH Ventures, Jahez Group, SEEDRA Ventures, Bunat Ventures, Hala Ventures, RZM Investments and several family offices including Al Rasheed, Siraj Holding, Al Bawardi, Al Nafea. The UAE and Kingdom of […]

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Carbon Maps, a carbon accounting startup for the food industry, gets new backers

December 5, 2023

Carbon Maps is a relatively new entrant in the carbon accounting space as it is less than one year old. But the French company has already secured $7.6 million in funding (€7 million) following the startup’s €3 million seed round extension. I already covered Carbon Maps back in February, so I encourage you to read […]

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SoftBank Corp takes 51% of Cubic Telecom for $513M to drive into the connected car world

December 5, 2023

As automakers and technology companies continue to build ever-more sophisticated digital platforms into cars and other vehicles, a startup that’s built a system that makes it easy to connect that hardware to wireless networks around the world has picked up a major round of funding. Cubic Telecom, which provides a software-based networking solution for vehicles […]

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