Topping the latest table of achievements was an artificial intelligence model from tech giant Huawei that can forecast the weather – including temperature, humidity and wind speed – more accurately than traditional predictions based on computing power. The model, named Pangu-Weather, was trained on decades of observation data and is able to predict the weather …
Image Credits: Bryce Durbin / TechCrunch Hello, folks, welcome to Week in Review (WiR), TechCrunch’s newsletter covering noteworthy happenings in the tech industry. This week, investment firm KKR announced that it would acquire VMware’s end-user computing business from Broadcom for $4 billion. As Ron explains, that business included VMware Workspace One and VMware Horizon — …
A startup that uses artificial intelligence (AI) to create books has raised $37 million in the latest sign of how machine learning is transforming the publishing industry. Inkitt’s self-titled app allows users to self-publish stories. Utilizing AI and data science, it identifies stories for refinement and distributes and sells them on another app, Galatea. The …
Silence Laboratories is on a mission to create infrastructure to enable complex data collaborations between enterprises and entities, without any sensitive information being exposed to the other engaging parties. Silence Laboratories announced it has raised an additional $4.1 million funding round led by Pi Ventures and Kira Studio, along with several prominent angel investors. Leveraging …
Synadia Communications, Inc., creators and maintainers of NATS.io (NATS), the open-source cloud and edge-native messaging system for high-performance data streaming, today announced it has closed a $25 million Series B financing round. Led by Forgepoint Capital, the investment round includes participation from existing investors and new investors Singtel Innov8, LDVP and 5G Open Innovation Lab. …
Recogni, an artificial intelligence (AI)-based computing firm, has closed a Series C funding round, securing $102 million. The funding will be used to drive the development of next-generation systems for AI inference solutions that aim to significantly boost performance and power efficiency while offering the lowest total cost of ownership, the company said in a …
Stephanie Song, formerly on the corporate development and ventures team at Coinbase, was often frustrated by the volume of due diligence tasks she and her team had to complete on a daily basis. “Analysts burn the midnight oil working hundreds of hours doing the work that nobody wants to do,” Song told TechCrunch in an …
Published: Feb. 15, 2024 at 9:00 a.m. ET The unlikely trio of Nvidia Corp. Chief Executive Jensen Huang, Super Bowl legend Joe Montana and former Walt Disney Co. Chairman Jeffrey Katzenberg do have something in common. They’re all backing enterprise AI startup Alembic, fresh off $14 million in series A funding led by WndrCo, the …
Image Credits: Polycam Polycam, an app that uses a smartphone’s sensors to capture 3D scans of objects, is raising cash from prominent investors including Adobe and YouTube co-founder Chad Hurley. Polycam today announced that it closed an $18 million Series A round led by Left Lane Capital with participation from Adobe Ventures, Hurley and others. …
Image Credits: Cory Green/Yahoo The Vision Pro, Apple’s first mixed-reality headset, is undeniably impressive from a technical perspective. It reflects a carefully considered, thoughtful (albeit pricey) approach to AR/VR, while its operating system — visionOS — delivers genuine innovations in the areas of input and interactions. But apps make or break hardware, regardless of how …