Is His Business About to Gobble Up Uber Eats and DoorDash?
On the season nine finale of “Entrepreneur Elevator Pitch,” find out what happens when entrepreneurs with big ideas meet investors with big money.
The Download: the rise of luxury car theft, and fighting antimicrobial resistance
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. The curious case of the disappearing Lamborghinis Across the world, unsuspecting people are unwittingly becoming caught up in a new and growing type of organized criminal enterprise: vehicle transport fraud and theft. Crooks…
Deepset secures $30M to expand its LLM-focused MLOps offerings
Deepset, a platform for building enterprise apps powered by large language models akin to ChatGPT, today announced that it raised $30 million in a funding round led by Balderton Capital with participation from GV and Harpoon Ventures. The proceeds will be put toward expanding Deepset’s products and services and growing its team from around 50 […]
Atmosfy, an app that helps you discover local businesses through short-from video, raises $12M
Atmosfy, an app that helps you discover restaurants and local businesses through short-form videos, has raised $12 million in seed funding led by Redpoint Ventures. The app lets you explore dining, nightlife, hotels and more by browsing quick videos from locals and visitors. Atmosfy is designed to give users a true sense of the atmosphere […]
After 25 years of hype, embryonic stem cells are still waiting for their moment
Twenty-five years ago, in 1998, researchers in Wisconsin isolated powerful stem cells from human embryos. It was a fundamental breakthrough for biology, since these cells are the starting point for human bodies and have the capacity to turn into any other type of cell—heart cells, neurons, you name it. National Geographic would later summarize the…
Is College Worth It? The ROI of Higher Education in Today’s Economy
The sky-rocketing cost of higher education in the US may put you in a dilemma over the sheer necessity of a college degree. It’s easy to find yourself torn between…
Home on the Trading Range
The nearly 20% bull run for the S&P 500 (SPY) from the March lows is over. Now it’s time to rest up in a trading range for the next run…
China is escalating its war on kids’ screen time
This story first appeared in China Report, MIT Technology Review’s newsletter about technology developments in China. Sign up to receive it in your inbox every Tuesday. Two years ago, parents around the world likely looked at China with a bit of jealousy: the country had instituted a strict three-hour-per-week limit for children playing video games. In the…
GoodNotes’ biggest update in four years brings AI-powered handwriting features and a digital marketplace
GoodNotes is releasing a new version with features like AI-powered handwriting recognition, a marketplace for digital stationery, and an educational module for maths in the popular note-taking app’s biggest push in four years to win and retain customers. The app, launched by Steven Chan in 2011, said the new version, GoodNotes 6, has put immense […]
Pretiosum Ventures hits first close on its second fund to back infrastructure startups
London-based Pretiosum Ventures has reached the first close of what TechCrunch understands could eventually be a $20 million second fund. Founded in London in 2019 by Yana Abramova, the solo GP fund invests in ‘infrastructure’ startups, (enterprise SaaS, Fintech, and Web3). Pretiosum (a witty inflexion of the Latin phrase ‘pretiōsus’ meaning ‘precious’) typically writes cheques […]
Coupang to ramp up investment in Taiwan after four quarters of profits
Coupang, a South Korea-headquartered e-commerce company, said it will accelerate its investment in Taiwan after four straight quarters of profits. Coupang was the most downloaded app in the second quarter of this year in Taiwan, the company said in an earnings call on Wednesday. “Taiwan is another investment that is thus far exceeding our expectations,” […]