Startups Weekly: Wiz’s bet paid off in an M&A-rich week

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. It’s rare to report on an 11-figure startup acquisition, let alone multiple high-value deals in a single week. And there are more subtle signs that things are […]Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. It’s rare to report on an 11-figure startup acquisition, let alone multiple high-value deals in a single week. And there are more subtle signs that things are[#item_full_content]

Wayve CEO shares his key ingredients for scaling autonomous driving tech 

Wayve co-founder and CEO Alex Kendall sees promise in bringing his autonomous vehicle startup’s tech to market. That is, if Wayve sticks to its strategy of ensuring its automated driving software is cheap to run, hardware agnostic, and can be applied to advanced driver assistance systems, robotaxis, and even robotics.  The strategy, which Kendall laid […]Wayve co-founder and CEO Alex Kendall sees promise in bringing his autonomous vehicle startup’s tech to market. That is, if Wayve sticks to its strategy of ensuring its automated driving software is cheap to run, hardware agnostic, and can be applied to advanced driver assistance systems, robotaxis, and even robotics.  The strategy, which Kendall laid[#item_full_content]

1X will test humanoid robots in ‘a few hundred’ homes in 2025

Norwegian robotics startup 1X plans to start early tests of its humanoid robot, Neo Gamma, in “a few hundred to a few thousand” homes by the end of 2025, according to the company’s CEO, Bernt Børnich. “Neo Gamma is going into homes this year,” Børnich told TechCrunch in an interview at Nvidia GTC 2025. “We […]Norwegian robotics startup 1X plans to start early tests of its humanoid robot, Neo Gamma, in “a few hundred to a few thousand” homes by the end of 2025, according to the company’s CEO, Bernt Børnich. “Neo Gamma is going into homes this year,” Børnich told TechCrunch in an interview at Nvidia GTC 2025. “We[#item_full_content]

Inside the Google-Wiz acquisition and the deal’s biggest winners

It was on, then off, and welp, now it’s on again — and this time for a lot more money. Yep, the Equity podcast dug into Google’s $32 billion acquisition of cloud security startup Wiz. There was a lot to unpack: the why, the how, what it means. And of course, there was the “who […]It was on, then off, and welp, now it’s on again — and this time for a lot more money. Yep, the Equity podcast dug into Google’s $32 billion acquisition of cloud security startup Wiz. There was a lot to unpack: the why, the how, what it means. And of course, there was the “who[#item_full_content]

In a world first, an Italian newspaper is printing a fully AI-generated edition for a month in what its director said Thursday was an experiment to “revitalize journalism, not to kill it.”In a world first, an Italian newspaper is printing a fully AI-generated edition for a month in what its director said Thursday was an experiment to “revitalize journalism, not to kill it.”Machine learning & AI[#item_full_content]

Major tech firms are pushing the administration of President Donald Trump to loosen rules on building artificial intelligence, arguing it is the only way to maintain a US edge and compete with China.Major tech firms are pushing the administration of President Donald Trump to loosen rules on building artificial intelligence, arguing it is the only way to maintain a US edge and compete with China.Business[#item_full_content]

Artificial intelligence (AI) plays a role in virtually every aspect of our lives, from self-driving cars to smart vacuum cleaners, to computer models that can predict the course of an epidemic. No matter how advanced these AI systems are, there always remains a certain degree of unpredictability about their behavior.Artificial intelligence (AI) plays a role in virtually every aspect of our lives, from self-driving cars to smart vacuum cleaners, to computer models that can predict the course of an epidemic. No matter how advanced these AI systems are, there always remains a certain degree of unpredictability about their behavior.Machine learning & AI[#item_full_content]

Next Insurance gets scooped up by Munich Re for $2.6B

Germany’s Munich Re has signed a definitive agreement to acquire digital insurance company Next Insurance for $2.6 billion, the firms announced on Thursday. Founded in 2016, Palo Alto-based Next Insurance is focused on providing insurance to small-to-medium-sized businesses. It was last valued at $2.5 billion in late 2023 when it raised $265 million. Next Insurance’s […]

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

Germany’s Munich Re has signed a definitive agreement to acquire digital insurance company Next Insurance for $2.6 billion, the firms announced on Thursday. Founded in 2016, Palo Alto-based Next Insurance is focused on providing insurance to small-to-medium-sized businesses. It was last valued at $2.5 billion in late 2023 when it raised $265 million. Next Insurance’s
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

CoreWeave prices its IPO to raise at least $2.2 billion. And now the games begin.

CoreWeave said on Wednesday that it hopes to sell its initial public shares between $47 and $55 per share, putting the money it may raise between about $2.2 billion and $2.6 billion. Word on the street is that CoreWeave wanted to raise at least $3 billion and possibly over $4 billion. But price range announcements […]

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

CoreWeave said on Wednesday that it hopes to sell its initial public shares between $47 and $55 per share, putting the money it may raise between about $2.2 billion and $2.6 billion. Word on the street is that CoreWeave wanted to raise at least $3 billion and possibly over $4 billion. But price range announcements
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

So-called “memristors” consume extremely little power and behave similarly to brain cells. Researchers from Jülich, led by Ilia Valov, have now introduced novel memristive components that offer significant advantages over previous versions: they are more robust, function across a wider voltage range, and can operate in both analog and digital modes. These properties could help address the problem of “catastrophic forgetting,” where artificial neural networks abruptly forget previously learned information.So-called “memristors” consume extremely little power and behave similarly to brain cells. Researchers from Jülich, led by Ilia Valov, have now introduced novel memristive components that offer significant advantages over previous versions: they are more robust, function across a wider voltage range, and can operate in both analog and digital modes. These properties could help address the problem of “catastrophic forgetting,” where artificial neural networks abruptly forget previously learned information.Electronics & Semiconductors[#item_full_content]

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