Speedata, a chip startup competing with Nvidia, raises a $44M Series B

June 3, 2025
Speedata, a Tel Aviv-based startup developing an analytics processing unit (APU) designed to accelerate big data analytic and AI workloads, has raised a $44M Series B funding round, bringing its total capital raised to $114M. The Series B round was led by its existing investors, including Walden Catalyst Ventures, 83North, Koch Disruptive Technologies, Pitango First, […]

Adobe launches beta version of its Photoshop app on Android

June 3, 2025
Android users can now download Photoshop for mobile. Adobe announced on Tuesday that it’s releasing the beta version of its Android Photoshop app, four months after the company launched its iPhone app. The app offers a similar set of editing tools as the desktop version, including layering and masking, but is optimized for mobile screens. […]

TikTok launches ‘TikTok for Artists,’ a new music insights platform

June 3, 2025
TikTok announced on Tuesday that it’s officially launching TikTok for Artists, a new music insights platform that is designed to help artists build their careers. The official launch comes two months after TikTok was spotted testing the platform in select countries. The tool is built to help artists and their teams better connect with fans, […]

Inside the tedious effort to tally AI’s energy appetite

June 3, 2025
After working on it for months, my colleague Casey Crownhart and I finally saw our story on AI’s energy and emissions burden go live last week.  The initial goal sounded simple: Calculate how much energy is used each time we interact with a chatbot, and then tally that up to understand why everyone from leaders…

Irish fintech NomuPay lands $40M at a $290M valuation from SoftBank

June 3, 2025
As global trade evolves, there’s an increasing demand for diverse cross-border payment options. That’s why an Irish-based fintech startup called NomuPay has raised $40 million in a Series C round from SB Payment Service (SBPS), a subsidiary of Japanese telco giant SoftBank Corp, at a valuation of $290 million. NomuPay makes it easier for merchants […]