Unbabel among first AI startups to win millions of GPU training hours on EU supercomputers

June 26, 2024

The European Union has announced the winners of a “Large AI Grand Challenge” it kicked off earlier this year in a bid to accelerate the pace of homegrown innovation by large-scale AI model makers. Four startups will share €1 million in prize money and — perhaps more importantly — eight million GPU hours to train […]

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Supreme Court rejects claim that Biden administration pressured social media firms into removing misinformation

June 26, 2024

The Supreme Court on Wednesday rejected a Republican-led challenge to the Biden administration’s communication with social media companies to combat online misinformation on topics related to COVID-19 and the 2020 election. Wednesday’s ruling overturns an injunction that would have limited contact between government officials and social media companies. The Republican Attorneys General in Louisiana and […]

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Starfish spacecraft will extend the life of an expensive GEO satellite in 2026 mission

June 26, 2024

Starfish Space and aerospace giant Intelsat have signed a new satellite servicing agreement that could permanently change the paradigm for satellite operations. Under the contract, Starfish will use its Otter satellite docking spacecraft to boost the orbit of an operational Intelsat satellite in geostationary orbit (GEO), using its onboard propulsion system to potentially provide several […]

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Formation Bio raises $372M to boost drug development with AI

June 26, 2024

Formation Bio, a startup focused on applying AI to drug discovery with backing from OpenAI CEO Sam Altman, has raised over a quarter-billion dollars to support its ambitious product roadmap. Formation today announced that it raised $372 million in a Series D funding round led by Andreessen Horowitz with participation from drugmaker Sanofi, Sequoia, Thrive, […]

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Announcing the agenda for the Fintech Stage at TechCrunch Disrupt 2024

June 26, 2024

We’re incredibly excited to announce that we’ve added a dedicated Fintech Stage to TechCrunch Disrupt 2024. It joins Space, SaaS and AI as the other industry-focused stages — all under one big roof. As the fintech industry evolves, new opportunities abound for founders, investors, and customers. Areas such as mobile banking, global payroll, digital payments, embedded […]

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