Finout lands cash to grow its cloud spend management platform

May 23, 2024

In 2021, Roi Ravhon, Asaf Liveanu and Yizhar Gilboa came together to found Finout, an enterprise-focused toolset to help manage and optimize cloud costs. (We covered the company’s launch out of stealth in 2022.) Ravhon, Finout’s CEO and previously the director of engineering at observability platform Logz.io, says that he was spurred to start Finout […]

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Bugcrowd, the crowdsourced white-hat hacker platform, acquires Informer to ramp up its security chops

May 23, 2024

On the heels of raising $102 million earlier this year, Bugcrowd is making good on its promise to use some of that funding to make acquisitions to strengthen its security chops. The company — which crowdsources skills from more than half a million hackers to find and fix security vulnerabilities and other operational loopholes in […]

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Google to build first subsea fibre optic cable connecting Africa with Australia

May 23, 2024

Google is preparing to build what will be the first subsea fibre optic cable connecting the continents of Africa and Australia. The news comes as the major cloud hyperscalers battle it out for business dollars, with Google playing catchup with AWS and Microsoft’s Azure. Notably, Google’s announcement follows widespread outages across Eastern Africa, which have […]

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AI is an energy hog. This is what it means for climate change.

May 23, 2024
This article is from The Spark, MIT Technology Review’s weekly climate newsletter. To receive it in your inbox every Wednesday, sign up here. Tech companies keep finding new ways to bring AI into every facet of our lives. AI has taken over my search engine results, and new virtual assistants from Google and OpenAI announced…

The new Kia EV3 will have an AI assistant with ChatGPT DNA

May 23, 2024

The Kia EV3 — the new all-electric compact SUV revealed Thursday — illustrates a growing appetite among global automakers to bring generative AI into their vehicles.  The automaker said the Kia EV3 will feature a new voice assistant that is built off ChatGPT, the text-generating AI chatbot developed by OpenAI. The Kia EV3, and its […]

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Bing’s API is down, bringing Microsoft Copilot, DuckDuckGo and ChatGPT’s web search feature down

May 23, 2024

Bing, Microsoft’s search engine, isn’t working properly right now. At first, it wasn’t possible to perform a web search at all. It seems like search results now load properly. But this outage also seems to affect Bing’s application programming interface (API), which means that other services that rely on Bing aren’t working properly. For instance, […]

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Autonomous shipping startup Orca AI tops up with $23M led by OCV Partners and MizMaa Ventures

May 23, 2024

If you thought autonomous driving was just for cars, think again. The so-called ‘autonomous navigation’ market — where ships steer themselves guided by AI, resulting in fuel and time savings — is projected to grow from $4.46 billion in 2023 to $5.33B in 2024 alone.  Orca AI is a London-based startup that claims to have […]

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Meet the Finnish biotech startup bringing a long lost mycoprotein to your plate

May 23, 2024

The best known mycoprotein is probably Quorn, a meat substitute that’s fast approaching its 40th birthday. But Finnish biotech startup Enifer is cooking up something even older: Its proprietary single-cell fungus-based protein, branded Pekilo, was originally developed in the 1960s and ’70s — by, of all things, the local paper industry. The focus back then […]

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Food supply chain software maker Silo lays off ~30% of staff amid M&A discussions

May 22, 2024

Silo, a Bay Area food supply chain startup, has hit a rough patch. TechCrunch has learned that the company on Tuesday laid off roughly 30% of its staff, or north of two dozen employees. Silo has confirmed the headcount reductions, clarifying the cuts were across the board and not focused on individual departments. Silo shared […]

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