February 22, 2025

US AI Safety Institute could face big cuts

The National Institute of Standards and Technology could fire as many as 500 staffers, according to multiple reports — cuts that further threaten a fledgling AI safety organization. Axios reported this week that the US AI Safety Institute (AISI) and Chips for America, both part of NIST, would be “gutted” by layoffs targeting probationary employees […]

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After selling his last startup to Google, this founder now wants to automate mundane tasks with Relay

October 12, 2022

Some seven years after selling his previous company to Google, Jacob Bank is preparing to launch his next project, this time with a focus on automating mundane, repetitive tasks. Bank was previously cofounder and CEO at Timeful, a smart scheduling app that helped users make better use of their time through automatically prioritizing their various […]

After selling his last startup to Google, this founder now wants to automate mundane tasks with Relay by Paul Sawers originally published on TechCrunch

Lifestores Healthcare raises $3M to expand its pharmaceutical marketplace across Nigeria

October 12, 2022

Africa’s $45 billion pharmaceuticals market is expected to grow 10% CAGR to $100 billion by 2030. Yet, the sector struggles with highly fragmented and undercapitalized supply chains rife with fake medications, which cause the death of thousands of patients yearly; in Nigeria, 20-40% of drugs are counterfeit.  A handful of healthtech companies bring efficiency to […]

Lifestores Healthcare raises $3M to expand its pharmaceutical marketplace across Nigeria by Tage Kene-Okafor originally published on TechCrunch

Welcome to ClimateTech

October 12, 2022
Come back to this page for rolling updates throughout the day as we kick off ClimateTech, MIT Technology Review’s first ever conference dedicated to finding solutions for climate change. Programming starts at 9am ET on Wednesday October 12, and you can follow along here to find out what’s being said on stage. For a taste…

Climate action is gaining momentum. So are the disasters.

October 12, 2022
This essay is an extended version of the opening talk that James Temple will deliver this morning at ClimateTech, MIT Technology Review’s inaugural climate and energy conference.  In recent months, we’ve witnessed stunning progress on climate action—and terrifying signs of the dangers we’ve unleashed. The US finally stepped up as a leader in climate action,…

What happens when you donate your body to science

October 12, 2022
Rebecca George doesn’t mind the vultures. They remind her of toddlers as they rustle their feathers in annoyance when she opens the gate of the Western Carolina University body farm early one July morning. Her arrival has interrupted their breakfast. George studies human decomposition, and part of decomposing is becoming food. Scavengers are welcome.  The…

FlapKap provides revenue-based financing to e-commerce brands in MENA, gets $3.6M seed funding

October 12, 2022

Recent research suggests that the e-commerce market in Saudi Arabia, UAE and Egypt account for a combined $21.4 billion and is projected to grow by more than 50% to $33.3 billion in the next three years. And as MENA shoppers increase their commerce spending, it is increasingly becoming imperative for online stores to position themselves […]

FlapKap provides revenue-based financing to e-commerce brands in MENA, gets $3.6M seed funding by Tage Kene-Okafor originally published on TechCrunch

Investing platform raises $10M to offer climate investing from a different angle to ESG ratings

October 12, 2022

Net Purpose, a platform for sustainable investors, has raised £10 million in a Series A round led by ETF Partners, funding which will be used to expand its product and team, says the company. The company is benefitting from a shit to investing in sustainable products. According to the UN Principles for Responsible  Investment, $120 […]

Investing platform raises $10M to offer climate investing from a different angle to ESG ratings by Mike Butcher originally published on TechCrunch

Carbon accounting platform acquired by Sage as ClimateTech heats up

October 12, 2022

Spherics, a UK-based carbon accounting platform for SMEs to understand and reduce their environmental impact, has been acquired by accounting giant Sage. Terms of the deal were not disclosed but it’s understood Spherics had raised £1.25m in equity financing from angel investors and £300,000 in grants. Spherics was a smaller startup playing in a similar […]

Carbon accounting platform acquired by Sage as ClimateTech heats up by Mike Butcher originally published on TechCrunch

Uber scales back in Pakistan

October 12, 2022

Uber is scaling back its operations in Pakistan, the latest in a series of efforts from the ride-hailing firm as it looks to improve its financial performance. The company says its marquee app is ceasing operations in five of the six cities where Uber had launched and expanded to over the years. The eponymous service […]

Uber scales back in Pakistan by Manish Singh originally published on TechCrunch