Amazon’s first quantum computing chip makes its debut

February 27, 2025
Amazon Web Services today announced Ocelot, its first-generation quantum computing chip. While the chip has only rudimentary computing capability, the company says it is a proof-of-principle demonstration—a step on the path to creating a larger machine that can deliver on the industry’s promised killer applications, such as fast and accurate simulations of new battery materials.…

Unique, a Swiss AI platform for finance, raises $30M

February 27, 2025

A four-year-old Swiss startup has raised a sizable chunk of change to capitalize on the burgeoning “agentic AI” movement. Unique said on Thursday that it has raised $30 million in a Series A funding round that was led by London-based VC firm DN Capital and CommerzVentures, the investment offshoot of Germany’s Commerzbank. “Agentic AI” is […]

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Taktile helps fintechs build automated decision-making workflows

February 27, 2025

The automated logic behind many financial decisions — for example, decisions that determine whether a client is approved for a credit line — is hard-coded. Often, it’s not easily changed. If a head of credit at a bank wanted to adjust the bank’s lending criteria, for example, they’d likely have to raise a ticket with […]

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Instagram may spin off Reels into a separate app

February 27, 2025

Meta is mulling launching a standalone app for short-form videos, The Information reported, citing an anonymous source who heard Instagram head Adam Mosseri talking about the project to staff. The project is reportedly code-named Project Ray that aims to improve recommendations for new users and existing users in the U.S., and feature more three-minute videos, […]

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Apple iPhone 16e review: An A18 chip and Apple Intelligence for $599

February 27, 2025

Apple delivered its latest budget handset, the $599 iPhone 16e, without pomp. There was no big event in person, nor was there one online. No journalists scrambled through hoards of colleagues to snap photos of the phone. Instead, CEO Tim Cook tweeted out that new hardware was on the way, days before Apple announced the […]

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Europe’s Relay pulls in $35M Series A after applying Asia’s model to delivery

February 27, 2025

Being somewhat later than Europe in adopting the idea of parcel delivery, much of Asia built its delivery infrastructure around e-commerce, effectively ‘Uberising’ how deliveries worked down to the last mile. Think DoorDash but for parcels, not food. This is what the founders of Europe’s Relay realized and decided to bring to the region — […]

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Lonestar and Phison’s data center infrastructure is headed to the moon

February 27, 2025

Data storage and resilience company Lonestar and semiconductor and storage company Phison launched a data center infrastructure on a SpaceX rocket on Wednesday that’s headed to the moon. The companies are sending Phison’s Pascari storage — solid state drives (SSDs) built for data centers —packed with Lonestar’s clients’ data on a SpaceX Falcon 9 rocket […]

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Commercetools, a pioneer in ‘headless commerce’, lays off dozens of staff

February 27, 2025

Commercetools — a “headless commerce” platform that provides APIs to companies building online storefronts — saw a major boost in its business just a few years ago, raising money at whopping $1.9 billion valuation as the world went shopping online in the wake of the Covid-19 pandemic, and businesses rushed to improve their e-commerce operations. […]

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Shop Circle raises $60M to encircle ecommerce with an app suite

February 27, 2025

The boom in ecommerce post-pandemic meant shops moved online. However, some merchants ended up with dozens of separate app providers to accommodate everything from supply chains, inventory, and marketing. The founders of Shop Circle realized this and either built or bought many such apps. The company has now raised $60 million in a Series B […]

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