The Download: inside the QuitGPT movement, and EVs in Africa
Sequoia backs Coana to help companies prioritise vulnerabilities using ‘code aware’ software analysi
Silicon Valley venture capital (VC) juggernaut Sequoia is backing a fledgling Danish startup to build a next-gen software composition analysis (SCA) tool, one that promises to help companies filter through the noise and identify vulnerabilities that are a genuine threat. For context, most software contains at least some open source components, many of which are […]
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This town’s mining battle reveals the contentious path to a cleaner future
Why does AI being good at math matter?
Open source vector database startup Qdrant raises $28M
Qdrant, the company behind the eponymous open source vector database, has raised $28 million in a Series A round of funding led by Spark Capital. Founded in 2021, Berlin-based Qdrant is seeking to capitalize on the burgeoning AI revolution, targeting developers with an open source vector search engine and database — an integral part of […]
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Byju’s seeks new funding at less than $2 billion valuation, a 90% drop
Byju’s, once valued at $22 billion, is willing to cut its valuation to below $2 billion as it hunts for new funding, a person familiar with the matter told TechCrunch. The Bengaluru-headquartered startup, once India’s most valuable, is looking to raise $100 million to $300 million in new funding and edtech group’s chief executive Byju […]
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Telegram is rolling out ‘view-once’ voice and video messages
Telegram is rolling out a bunch of upgrades as part of its January feature drop including “view-once” video and audio messages, the ability to pause recording while sending a video or an audio message, and new read-time controls. The app introduced “view-once” photos and videos in one-on-one chat in September 2023. Now, the company is […]
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Germany’s Instagrid, which uses software to supercharge portable batteries, raises $95M
Energy supply is one of the bigger issues impacting how technology will evolve over time — a challenge that might be feel closer to home when you consider the batteries of objects like mobile phones or electric vehicles but is definitely not constrained just to consumer tech. A startup called Instagrid is using software to […]
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Business travel management platform TravelPerk raises $105M
TravelPerk, a business travel management platform targeted at SMEs, has raised $105 million in a fresh equity-based round of financing led by SoftBank’s Vision Fund 2. Existing investors including Kinnevik and Felix Capital also participated in the round. The funding gives TravelPerk a valuation of $1.4 billion, just a fraction over the $1.3 billion valuation […]
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Apple will pay artists more to have a spatial audio version on Apple Music
Apple will pay additional royalties starting this month to artists if they have a spatial audio version on Apple Music, according to multiple reports. The company will pay up to 10% additional royalty if an artist has all their songs in spatial audio, per a report by 9to5Mac. The extra money doesn’t depend on users […]
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