Fabless AI chip makers Rebellions and Sapeon to merge as competition heats up in global AI hardware industry

June 12, 2024

South Korea’s fabless AI chip industry saw a slew of fundraising events over the last couple of years as demand for hardware to power AI applications skyrocketed, and it seems the space is already consolidating. Two of the country’s prominent fabless AI chip startups, Rebellions and Sapeon, have agreed to merge, the companies said on […]

© 2024 TechCrunch. All rights reserved. For personal use only.

The apps that Apple Sherlocked at WWDC

June 12, 2024

Here’s a list of third-party apps that were Sherlocked by Apple at this year’s WWDC.

© 2024 TechCrunch. All rights reserved. For personal use only.

Germany’s Black Semiconductor raises $273M for graphene-based chip tech

June 12, 2024

Tech sovereignty has become a looming priority for a number of nations these days, and now a startup working in semiconductors has received a major boost in aid of that effort for Germany and Europe.   Black Semiconductor, which is developing a new kind of chip-connecting technology based on graphene, has raised €254.4 million (around $273 […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Let there be Light! Danish startup exits stealth with $13M seed funding to bring AI to general ledgers

June 12, 2024

It’s not the sexiest of subject matters, but someone needs to talk about it: The CFO tech stack — software used by the chief financial officers of the world — is ripe for disruption. That’s according to Jonathan Sanders, CEO and co-founder of fledgling Danish startup Light, which exits stealth Wednesday with $13 million in […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Apex’s off-the-shelf satellite bus business attracts $95M in new funding

June 12, 2024

Fresh off the success of its first mission, satellite manufacturer Apex has closed $95 million in new capital to scale its operations.  The Los Angeles-based startup successfully launched and commissioned its first spacecraft, a model called Aries, in March. That mission has gone off seemingly without a hitch — a rarity in the space industry […]

© 2024 TechCrunch. All rights reserved. For personal use only.

FTC Chair Lina Khan shares how the agency is looking at AI

June 12, 2024

With dozens of antitrust cases and close to a hundred on the consumer protection side, the agency is now turning to innovative tactics to help it fight fraud, particularly in the AI space.

© 2024 TechCrunch. All rights reserved. For personal use only.