Tech News

NVIDIA, Arm CEOs Share Vision of a Deal Made for a Hypergrowth Era

With the tech industry facing opportunities at every turn, it’s a ripe moment for NVIDIA’s acquisition of Arm, said CEOs of the companies in a frank conversation with a leading analyst. Patrick Moorhead of Moor Insights & Strategy posed tough questions and gave the deal a thumbs up in the session at the Six Five Read article >
The post NVIDIA, Arm CEOs Share Vision of a Deal Made for a Hypergrowth Era appeared first on The Official NVIDIA Blog.

NVIDIA CEO Speaks at UK AI Event on How AI Is Changing World

Highlighting the growing importance of AI to innovation of all kinds in the U.K. and worldwide, NVIDIA founder and CEO Jensen Huang spoke today at the CogX conference. Huang was one of a trio of NVIDIA leaders appearing at the event hosted by Cognition X in King’s Cross, London, this week. “I believe artificial intelligence Read article >
The post NVIDIA CEO Speaks at UK AI Event on How AI Is Changing World appeared first on The Official NVIDIA Blog.

Wise announces plans to go public via direct listing

Wise, the fintech company formerly known as TransferWise, has announced that it wants to become a public company on the London Stock Exchange. Instead of following the traditional IPO route, Wise plans to go public via a direct listing. This is going to be the biggest direct listing on the London Stock Exchange. If you’re […]

Gusto makes first acquisition, buying Ardius to expand into R&D tax credits

Free money from the government sounds like winning the lottery, but the reality is that most tech startups and even local retail businesses and restaurants can potentially qualify for tax credits related to research and development in the United States. Those credits, which is what helps tech giants keep their tax rates to near zero, […]

China launches 3 astronauts to its new space station core module

Three Chinese astronauts have docked at China’s space station core module, named Tianhe, for the first time. The three astronauts flew to space as part of the Shenzhou 12 mission, China’s first crewed mission since 2012. They will call the core module of the Tiangong space station home until September, making it the longest crewed […]

Google announces EPYC-based Tau virtual machines for Cloud

Google this morning announced the launch of Tau, a new family of virtual machines built on AMD’s third-gen EPYC processor. According to the company, the new x86-compatible system offers a 42% price-performance boost over standard VMs. Google notably first started utilizing AMD EPYC processors for Cloud back in 2017, while Amazon Cloud’s offerings date back […]

Karin Tsai, director of engineering at Duolingo will be speaking at TechCrunch City Spotlight: Pittsburgh on June 29

TechCrunch City Spotlight: Pittsburgh is getting closer, with impressive featured speakers including Carnegie Mellon University President Farnam Jahanian and Mayor Bill Peduto. However, we’ve saved the best for last: Our last speaker is Karin Tsai, director of engineering at Duolingo, a $2.4 billion business that is all about making language learning fun and accessible. The […]

Last-mile, landscaping and leaping robots

I spoke to Refraction AI co-founder/CTO Matthew Johnson-Roberson on the occasion of the Michigan startup’s $4.2 million seed raise. This week we posted a Q&A where he answers a wider range of topics about the delivery robotics company, and this bit jumped out at me: It still boggles my mind that nobody has tried to […]

Instagram’s TikTok rival, Reels, rolls out ads worldwide

Instagram Reels are getting ads. The company announced today it’s launching ads in its short-form video platform and TikTok rival, Reels, to businesses and advertisers worldwide. The ads will be up to 30 seconds in length, like Reels themselves, and vertical in format, similar to ads found in Instagram Stories. Also like Reels, the new […]

A security bug in Google’s Android app put users’ data at risk

Until recently, Google’s namesake Android app, which has more than five billion installs to date, had a vulnerability that could have allowed an attacker to quietly steal personal data from a victim’s device. Sergey Toshin, founder of mobile app security startup Oversecured, said in a blog post that the vulnerability has to do with how […]

Former Athenahealth CEO Jonathan Bush returns to entrepreneurship with new startup

Jonathan Bush, the CEO and co-founder of Athenahealth, is a controversial figure in the controversial field of healthcare. Over two decades after he started the now-public healthcare company, Bush lost Athenahealth to Elliott Management, an activist investor that bought the company alongside Veritas Capital. During this tense period of time, domestic violence allegations surfaced from […]

Twine raises $3.3M to add networking features to virtual events

Twine, a video chat startup that launched amid the pandemic as a sort of “Zoom for meeting new people,” shifted its focus to online events and, as a result, has now closed on $3.3 million in seed funding. To date, twine’s events customers have included names like Microsoft, Amazon, Forrester, and others, and the service […]

GFN Thursday Returns from E3 with Marvel’s Guardians of the Galaxy, Humankind Closed Beta and More

No need to hold out for a hero. You’ve made it to GFN Thursday. This year’s E3 was packed with news for GeForce NOW and we’re sharing the excitement from the announcements of Marvel’s Guardians of the Galaxy and Humankind. Both will join the GeForce NOW lineup when they launch later this year. On top Read article >
The post GFN Thursday Returns from E3 with Marvel’s Guardians of the Galaxy, Humankind Closed Beta and More appeared first on The Official NVIDIA Blog.

Lunar Has It: Broadcasting Studio Uses NVIDIA Omniverse to Create Stunning Space Documentary

Audiences are making a round-trip to the moon with a science documentary that showcases China’s recent lunar explorations. Fly to the Moon, a series produced by the China Media Group (CMG) entirely in NVIDIA Omniverse, details the history of China’s space missions and shares some of the best highlights of the Chang ‘e-4 lunar lander, Read article >
The post Lunar Has It: Broadcasting Studio Uses NVIDIA Omniverse to Create Stunning Space Documentary appeared first on The Official NVIDIA Blog.

Industrial cybersecurity startup Claroty raises $140M in pre-IPO funding round

Claroty, an industrial cybersecurity company that helps customers protect and manage their Internet of Things (IoT) and operational technology (OT) assets, has raised $140 million in its latest, and potentially last round of funding.  With the new round of Series D funding, co-led by Bessemer Venture and 40 North, the company has now amassed a […]

Internxt gets $1M to be ‘the Coinbase of decentralized storage’

Valencia-based startup Internxt has been quietly working on an ambitious plan to make decentralized cloud storage massively accessible to anyone with an Internet connection. It’s just bagged $1M in seed funding led by Angels Capital, a European VC fund owned by Juan Roig (aka Spain’s richest grocer and second wealthiest billionaire), and Miami-based The Venture […]

A Senate proposal for a new US agency to protect Americans’ data is back

Democratic Senator Kirsten Gillibrand has revived a bill that would establish a new U.S. federal agency to shield Americans from the invasive practices of tech companies operating in their own backyard. Last year, Gillibrand (D-NY) introduced the Data Protection Act, a legislative proposal that would create an independent agency designed to address modern concerns around […]

Airspeeder wants to make electric flying racing cars a reality in 2021

While much of the eVTOL industry has its sights set on urban air taxis or cargo transportation, entrepreneur Matthew Pearson had another idea: electric flying race cars. So in 2019, he founded two companies, Alauda Aeronautics to manufacture the aircraft and Airspeeder, an international series to race them. Now, Airspeeder says it has completed the […]

Insurtech AI startup Akur8 closes $30M Series B

Automating insurance claims is a big business, and the world of AI is coming at it ‘full pelt’. The latest is Akur8, an insurtech automating insurance platform whose ‘Transparent AI’ product is trying to eat into the incumbent large business of Willis Towers watson, among others. It’s now closed a Series B funding round of […]

Co-living startup Habyt closes $24M Series B, merges with Homefully

When WeWork appeared, other entrepreneurs looked at the model and thought that if you could apple co-working to property, then why not apply co-living. Thus, in the US, Common appeared, as did Hmlet in Asia. Imn the EU, Habyt launched, but has already gobbled-up its competitors Quarters, Goliving, and Erasmo’s Room. It’s now closed a […]

Tractable raises $60M at a $1B valuation to make damage appraisals using AI

As the insurance industry adjusts to life in the 21st century (heh), an AI startup that has built computer vision tools to enable remote damage appraisals is announcing a significant round of growth funding. Tractable, which works with automotive insurance companies to let users take and submit photos of damaged cars that are then “read” […]

E3 2021 wrap-up

E3 2021 kicked off with news about E3 2022. Kind of a funny way to start a show, as Mayor Eric Garcetti told the crowd, “we look forward to seeing you in-person, here in the City of Angels, in 2022.” Also a bit funny when the mayor’s video game show announcement has less confetti and […]

Lincoln’s first EV will arrive in 2022 with three more to follow

Lincoln Motor will launch its first all-electric vehicle in 2022 followed by three other EVs as part of the luxury brand’s goal to electrify its entire portfolio by the end of the decade. The first EV will come to market just in time for Lincoln’s 100th birthday celebration — and nearly four years since initial […]

Harry Stebbings turns up the volume on 20VC with new $140M fund

Harry Stebbings, the well-known podcaster behind ‘20 minute VC’, announced today that he raised a duo of funds for 20VC, the venture capital fund he launched off of his show’s success. The pair of funds – one for early-stage and one for growth stage – total to $140 million in assets under management, plucked from […]

SoftBank Vision Fund 2 leads $140M funding in Vishal Sikka’s Vianai

Vianai Systems, an AI startup founded by former chief executive of Indian IT services giant Infosys, said on Wednesday it has raised $140 million in a round led by SoftBank Vision Fund 2. The two-year-old startup said a number of industry luminaries also participated in the new round, which brings its total to-date raise to […]

Facebook will begin beaming advertisements into virtual reality

Well, it was only a matter of time. Advertising giant Facebook announced Wednesday that they’re going to begin testing advertising inside virtual reality titles on its Oculus platform soon. The first roll-out is limited enough, with Facebook testing ads inside a single gaming shooter title: Blaston from Resolution Games. They are interestingly not rolling this out with […]

Facebook rolls out new tools for Group admins, including automated moderation aids

Facebook today introduced a new set of tools aimed at helping Facebook Group administrators get a better handle on their online communities and, potentially, help keep conversations from going off the rails. Among the more interesting new tools is a machine learning-powered feature that alerts admins to potentially unhealthy conversations taking place in their group. […]