Start-up
Bezos-backed freight firm Convoy shuts down right after slashing hundreds of positions — read through the CEO’s memo to staff
Digital freight broker Convoy instructed staff members Thursday that it really is shutting down operations because of to a “significant freight economic downturn.” The move comes just a single 7 days just after offer chain software startup Flexport stated it will lay off about 20% of its own workforce. Seattle-dependent Convoy was established to disrupt […]
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Anthropic’s AI chatbot Claude is submitting lyrics to common tunes, lawsuit promises
Recording artist Katy Perry performs onstage for the duration of the Pepsi Super Bowl XLIX Halftime Clearly show at College of Phoenix Stadium on February 1, 2015 in Glendale, Arizona. (Picture by Kevin Mazur/WireImage) Kevin Mazur | WireImage | Getty Images Common Audio sued AI startup Anthropic about “systematic and widespread infringement of their copyrighted […]
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Regent aims to fly its electric powered seagliders about the waterways of Japan
Billy Thalheimer (CEO) and Michael Klinker (CTO) of REGENT with a whole-scale mockup of their 1st electric seaglider. Courtesy REGENT Regent, a startup acquiring electrical seagliders to transport folks and cargo, has raised a $60 million round of undertaking funding and struck a partnership with Japan Airways to figure out how to deliver the firm’s […]
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Right here are prime 10 Singapore begin-ups to do the job for, in accordance to LinkedIn — most are in fintech
Undertaking funding has taken a strike because 2022, as investors pull back again on money amid financial headwinds. According to a report from study organization Tracxn, total funding into Southeast Asian startups fell by 71% to $2.3 billion in the to start with 50 percent of 2023 — as opposed to the similar time period […]
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An HSBC-backed startup is working with AI to support banks struggle money crime — and eyeing a Nasdaq IPO
The co-founders of Silent 8, from left to ideal: Michael Wilkowski, Julia Markiewicz and Martin Markiewicz. Silent Eight WARSAW — When it arrives to financial crime, banking companies can usually be “just one final decision away from a enormous mess,” Martin Markiewicz, CEO of Silent Eight told CNBC. Which is due to the fact the hazard […]
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Google, Amazon, Nvidia and other tech giants make investments in AI startup Hugging Face, sending its valuation to $4.5 billion
The Hugging Deal with internet site on a smartphone arranged in New York, Aug. 17, 2023. Gabby Jones | Bloomberg | Getty Photos Hugging Facial area, an AI company centered in New York, has lifted $235 million at a $4.5 billion valuation from some of technology’s greatest providers. Google, Amazon, Nvidia, Salesforce, AMD, Intel, IBM […]
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Window-washing robots are doing the job on Manhattan skyscrapers
Skyline Robotics is disrupting the century-outdated observe of window washing with new technological know-how that the startup hopes will redefine a risky field. Its window-washing robotic, Ozmo, is now operational in Tel Aviv and New York, and has worked on major Manhattan properties like 10 Hudson Yards, 383 Madison, 825 3rd Avenue, and 7 Entire […]
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Occidental and Climeworks significant winners as Biden allocates billions for CO2 removing
Christoph Gebald (left) and Jan Wurzbacher, co-founders of Climeworks. Photograph courtesy Climeworks The U.S. Office of Strength is investing up to $1.2 billion in large vacuums that suck carbon out of the air in an effort and hard work to slow world warming. So-termed immediate air capture, or DAC, is an emerging know-how that has […]
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EverestLabs is making use of robotic arms and A.I. to make recycling a lot more productive
Recycling is difficult, and not just for people, but primarily for recycling businesses. But as with a lot of other fields, synthetic intelligence might be in a position to help. Right until now, figuring out what specifically is in the huge mess of rubbish that comes at recycling plants has been a dirty and difficult […]
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Fifty Yrs to assistance climate experts turn study into alternatives with new grants system
Undertaking investors at Fifty Several years, a weather- and biotech-focused fund. Fifty Years San Francisco enterprise organization Fifty Several years is launching a new grant-generating initiative to fund researchers functioning to translate their investigation into products that can suppress local weather transform, or enable people today adapt to and survive it. The initiative was impressed […]
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