Computing and shielding startups join forces to put AI-capable chips in space
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Computing and shielding startups join forces to put AI-capable chips in space

Sophisticated spacecraft often run on shockingly outdated computing systems: consider that the Perseverance rover runs on a PowerPC 750, the processor famous for running on iMacs in the late 1990s.  San Francisco-based Aethero is aiming to bring more powerful computing systems to orbit, and their first payload launches this month on SpaceX’s Transporter-11 rideshare mission. […]

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Sophisticated spacecraft often run on shockingly outdated computing systems: consider that the Perseverance rover runs on a PowerPC 750, the processor famous for running on iMacs in the late 1990s.  San Francisco-based Aethero is aiming to bring more powerful computing systems to orbit, and their first payload launches this month on SpaceX’s Transporter-11 rideshare mission.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Husband-and-wife former Olympians target $50M for new fund to invest in influencer-led consumer brands
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Husband-and-wife former Olympians target $50M for new fund to invest in influencer-led consumer brands

Samyr Laine and Ayanna Alexander-Laine now put their grit and determination to work for founders wanting to launch and scale consumer brands.

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Samyr Laine and Ayanna Alexander-Laine now put their grit and determination to work for founders wanting to launch and scale consumer brands.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Industry Ventures raises a $900M fund for investing in small, early-stage VCs and their breakout startups
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Industry Ventures raises a $900M fund for investing in small, early-stage VCs and their breakout startups

The venture fundraising trend in 2024 is fairly clear by now: Large, established VC firms are continuing to attract capital from limited partners, while smaller, newer funds are finding it more difficult to raise.  But Industry Ventures’ latest fundraise should offer a dash of good news for emerging managers. On Tuesday, the 24-year-old firm announced […]

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The venture fundraising trend in 2024 is fairly clear by now: Large, established VC firms are continuing to attract capital from limited partners, while smaller, newer funds are finding it more difficult to raise.  But Industry Ventures’ latest fundraise should offer a dash of good news for emerging managers. On Tuesday, the 24-year-old firm announced
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

As the AI boom gobbles up power, Phaidra is helping companies manage datacenter power more efficiently
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As the AI boom gobbles up power, Phaidra is helping companies manage datacenter power more efficiently

Electricity demand is booming on account of AI. In a May 2024 report, Goldman Sachs predicted that data centers will use 8% of the U.S.’s total power supply by 2030, up from 3% in 2022, as cloud service providers expand to meet the demand for AI infrastructure. Assuming the current trend holds, U.S. utilities will need to […]

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Electricity demand is booming on account of AI. In a May 2024 report, Goldman Sachs predicted that data centers will use 8% of the U.S.’s total power supply by 2030, up from 3% in 2022, as cloud service providers expand to meet the demand for AI infrastructure. Assuming the current trend holds, U.S. utilities will need to
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Sensorita uses digital twins to help waste management companies streamline construction waste
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Sensorita uses digital twins to help waste management companies streamline construction waste

The amount of waste produced by the construction industry adds up to more than a third of the overall waste produced each year in the European Union. And it’s no better in the U.S. Stateside, the construction industry produces more than double the waste that households do each year. Sensorita wants to help the construction […]

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The amount of waste produced by the construction industry adds up to more than a third of the overall waste produced each year in the European Union. And it’s no better in the U.S. Stateside, the construction industry produces more than double the waste that households do each year. Sensorita wants to help the construction
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Beauty tech startup Boldhue raises capital to ship its at-home custom makeup dispenser
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Beauty tech startup Boldhue raises capital to ship its at-home custom makeup dispenser

Boldhue’s device essentially scans your face and dispenses a customized foundation formula that matches your skin tone.

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Boldhue’s device essentially scans your face and dispenses a customized foundation formula that matches your skin tone.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Indian edtech Unacademy cuts another 250 jobs
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Indian edtech Unacademy cuts another 250 jobs

Indian edtech giant Unacademy is laying off about 250 employees, the latest in a series of layoffs since the reopening of schools across the country after the pandemic. The Bengaluru-headquartered startup, valued at $3.4 billion in its last funding in 2021, is cutting 100 jobs in core roles (marketing, business and product) and 150 in […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Indian edtech giant Unacademy is laying off about 250 employees, the latest in a series of layoffs since the reopening of schools across the country after the pandemic. The Bengaluru-headquartered startup, valued at $3.4 billion in its last funding in 2021, is cutting 100 jobs in core roles (marketing, business and product) and 150 in
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Senators urge Synapse’s owners, partners, and VC backers to restore customers’ access to their money
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Senators urge Synapse’s owners, partners, and VC backers to restore customers’ access to their money

A group of senators has banded together to urge Synapse’s owners and bank and fintech partners to “immediately restore customers’ access to their money.” As part of their demands, the senators implicated both the partners and investors of the company as being responsible for missing customer funds. In a letter shared publicly on Monday, U.S. […]

© 2024 TechCrunch. All rights reserved. For personal use only.

A group of senators has banded together to urge Synapse’s owners and bank and fintech partners to “immediately restore customers’ access to their money.” As part of their demands, the senators implicated both the partners and investors of the company as being responsible for missing customer funds. In a letter shared publicly on Monday, U.S.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

How drivers and cars understand each other
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Optimizing communication between vehicle and driver as a function of the degree of automation is the objective of a research project conducted by Fraunhofer in collaboration with other companies. The researchers are combining sensors for monitoring the vehicle interior with language models to form what are known as vision language models. They are designed to increase the convenience and safety of cars in the future.Optimizing communication between vehicle and driver as a function of the degree of automation is the objective of a research project conducted by Fraunhofer in collaboration with other companies. The researchers are combining sensors for monitoring the vehicle interior with language models to form what are known as vision language models. They are designed to increase the convenience and safety of cars in the future.Automotive[#item_full_content]

Computer scientists develop new and improved camera inspired by the human eyeon July 1, 2024 at 2:25 pm
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A team led by University of Maryland computer scientists has invented a camera mechanism that improves how robots see and react to the world around them. Inspired by how the human eye works, their innovative camera system mimics the tiny involuntary movements used by the eye to maintain clear and stable vision over time.A team led by University of Maryland computer scientists has invented a camera mechanism that improves how robots see and react to the world around them. Inspired by how the human eye works, their innovative camera system mimics the tiny involuntary movements used by the eye to maintain clear and stable vision over time.[#item_full_content]

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