February 15, 2026

Anthropic and the Pentagon are reportedly arguing over Claude usage

The Pentagon is pushing AI companies to allow the U.S. military to use their technology for “all lawful purposes,” but Anthropic is pushing back, according to a new report in Axios. The government is reportedly making the same demand to OpenAI, Google, and xAI. An anonymous Trump administration official told Axios that one of those […]

China’s search engine pioneer unveils open-source large language model to rival OpenAI

July 11, 2023

In February, Sogou founder Wang Xiaochuan said on Weibo that “China needs its own OpenAI.” The Chinese entrepreneur is now inching closer to his dream as his nascent startup Baichuan Intelligence rolled out its next-generation large language model Baichuan-13B today. Baichuan is being touted as one of China’s most promising LLM developers, thanks to its […]

China’s search engine pioneer unveils open-source large language model to rival OpenAI by Rita Liao originally published on TechCrunch

Instant bank payments startup Ivy secured $7.7M in Seed round led by Creandum

July 11, 2023

Ivy, an API for instant bank payments, has secured €7 million ($7.7 million) in a seed investment round led by European VC Creandum. Payment and transaction fees can rack-up because of card networks, gateways and wallets that are all involved in today’s online transactions. Ivy’s solution is to allow merchants to accept instant bank payments […]

Instant bank payments startup Ivy secured $7.7M in Seed round led by Creandum by Mike Butcher originally published on TechCrunch

Solaris raises $42M at a flat $1.6B valuation to expand in embedded finance after a rough 2022

July 11, 2023

Solaris — the German fintech that, when it was known as Solarisbank, raised hundreds of millions of dollars to build out its embedded finance platform — is today announcing more funding. The company, used by the likes of Samsung, American Express and Coinbase to provide various financial services to their customers, has picked up €38 […]

Solaris raises $42M at a flat $1.6B valuation to expand in embedded finance after a rough 2022 by Ingrid Lunden originally published on TechCrunch

Weather forecasting is having an AI moment

July 11, 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. Is it hot where you are? It sure is here in London. I’m writing this newsletter with a fan blasting at full power in my direction and still feel like my…

Raft, which services freight forwarders, closes $30M Series B led by Eight Roads VC

July 11, 2023

During the pandemic, the digitisation of the freight industry took off like a rocket, and stayed that way. To date, Forto has raised almost $600 million, Nuvocargo $75 million, Zencargo $66 million, and Freightify $14.5 million. All are associated with streamlining/digitising freight logistics in some way. This meant, of course that freight forwarders and customs […]

Raft, which services freight forwarders, closes $30M Series B led by Eight Roads VC by Mike Butcher originally published on TechCrunch

Outverse wants to build a full-stack community platform for software companies

July 11, 2023

Building and harnessing online communities has been a major driving force behind some of the world’s largest platforms, from Stripe and Slack to Figma and Notion. At the heart of the community-building ethos lies a strategy known as product-led growth (PLG), where companies rely on the product itself for selling and onboarding new users as opposed […]

Outverse wants to build a full-stack community platform for software companies by Paul Sawers originally published on TechCrunch

Apple launches an online store on China’s WeChat app

July 11, 2023

Apple has launched an online store on China’s WeChat app, the Tencent-owned platform said on Tuesday. The Cupertino-based company has launched the store to the app via WeChat’s mini-programs — small-sized apps hosted on WeChat that feature e-commerce, financial service, and transportation offerings. Apple will sell its products including iPhones, iPads, Apple Watches, and Macs […]

Apple launches an online store on China’s WeChat app by Ivan Mehta originally published on TechCrunch

Foxconn pursues India incentive despite withdrawing from Vedanta venture

July 11, 2023

Foxconn said on Tuesday it plans to submit an application to access incentives under India’s semiconductor manufacturing policy even as the Taiwanese giant has pulled out of the nation’s flagship $19.5 billion joint venture with local conglomerate Vedanta. “Foxconn is working toward submitting an application related to the ‘Modified Programme for Semiconductors and Display Fab […]

Foxconn pursues India incentive despite withdrawing from Vedanta venture by Manish Singh originally published on TechCrunch