Fabless AI chip makers Rebellions and Sapeon to merge as competition heats up in global AI hardware industry

South Korea’s fabless AI chip industry saw a slew of fundraising events over the last couple of years as demand for hardware to power AI applications skyrocketed, and it seems the space is already consolidating. Two of the country’s prominent fabless AI chip startups, Rebellions and Sapeon, have agreed to merge, the companies said on […]

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South Korea’s fabless AI chip industry saw a slew of fundraising events over the last couple of years as demand for hardware to power AI applications skyrocketed, and it seems the space is already consolidating. Two of the country’s prominent fabless AI chip startups, Rebellions and Sapeon, have agreed to merge, the companies said on
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Let there be Light! Danish startup exits stealth with $13M seed funding to bring AI to general ledgers

It’s not the sexiest of subject matters, but someone needs to talk about it: The CFO tech stack — software used by the chief financial officers of the world — is ripe for disruption. That’s according to Jonathan Sanders, CEO and co-founder of fledgling Danish startup Light, which exits stealth Wednesday with $13 million in […]

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

It’s not the sexiest of subject matters, but someone needs to talk about it: The CFO tech stack — software used by the chief financial officers of the world — is ripe for disruption. That’s according to Jonathan Sanders, CEO and co-founder of fledgling Danish startup Light, which exits stealth Wednesday with $13 million in
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

DC’s political class doesn’t know Y Combinator exists, but it’s trying to change that

After educating the D.C. market, YC aims to leverage its influence, particularly in areas like competition policy.

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After educating the D.C. market, YC aims to leverage its influence, particularly in areas like competition policy.
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Spawning wants to build more ethical AI training datasets

Jordan Meyer and Mathew Dryhurst founded Spawning AI to create tools that help artists exert more control over how their works are used online. Their latest project, called Source.Plus, is intended to curate “non-infringing” media for AI model training. The Source.Plus project’s first initiative is a dataset seeded with nearly 40 million public domain images […]

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Jordan Meyer and Mathew Dryhurst founded Spawning AI to create tools that help artists exert more control over how their works are used online. Their latest project, called Source.Plus, is intended to curate “non-infringing” media for AI model training. The Source.Plus project’s first initiative is a dataset seeded with nearly 40 million public domain images
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Light introduces its latest minimalist phone, now with an OLED screen but still no addictive apps

Unlike Light’s older phones, the Light III sports a larger OLED display and an NFC chip to make way for future payment tools, as well as a camera.

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Unlike Light’s older phones, the Light III sports a larger OLED display and an NFC chip to make way for future payment tools, as well as a camera.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Flow claims it can 100x any CPU’s power with its companion chip and some elbow grease

A Finnish startup called Flow Computing is making one of the wildest claims ever heard in silicon engineering: by adding its proprietary companion chip, any CPU can instantly double its performance, increasing to as much as 100x with software tweaks. If it works, it could help the industry keep up with the insatiable compute demand […]

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

A Finnish startup called Flow Computing is making one of the wildest claims ever heard in silicon engineering: by adding its proprietary companion chip, any CPU can instantly double its performance, increasing to as much as 100x with software tweaks. If it works, it could help the industry keep up with the insatiable compute demand
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

The VC queen of portfolio PR, Masha Bucher, has raised her largest fund yet: $150M

Five years ago, Day One Ventures had $11 million under management, and Bucher and her team have grown that to just over $450 million.

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

Five years ago, Day One Ventures had $11 million under management, and Bucher and her team have grown that to just over $450 million.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Paris-based AI startup Mistral AI raises $640 million

Mistral AI has closed its much rumored Series B funding round with General Catalyst leading the round. The company has secured €600 million (around $640 million at today’s exchange rate) in a mix of equity and debt. As TechCrunch previously reported, the startup is now valued at $6 billion following this funding round. As a […]

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

Mistral AI has closed its much rumored Series B funding round with General Catalyst leading the round. The company has secured €600 million (around $640 million at today’s exchange rate) in a mix of equity and debt. As TechCrunch previously reported, the startup is now valued at $6 billion following this funding round. As a
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Raspberry Pi is now a public company as its shares pop after IPO pricing

Who would have thought that Raspberry Pi, the maker of cheap, single-board computers, would become a public company? And yet, this is exactly what’s happening this week as Raspberry Pi priced its IPO this morning at £2.80 per share, which values the company at £542 million, or $690 million at today’s exchange rate. Shortly after […]

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

Who would have thought that Raspberry Pi, the maker of cheap, single-board computers, would become a public company? And yet, this is exactly what’s happening this week as Raspberry Pi priced its IPO this morning at £2.80 per share, which values the company at £542 million, or $690 million at today’s exchange rate. Shortly after
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

How Urvashi Barooah broke into venture after everyone told her she couldn’t

When Urvashi Barooah applied to MBA programs in 2015, she focused her applications around her dream of becoming a venture capitalist. She got rejected from every school, and was told she was being unrealistic about her prospects in the venture industry, but she didn’t let that deter her. Now, eight years later, Barooah, 33, is […]

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

When Urvashi Barooah applied to MBA programs in 2015, she focused her applications around her dream of becoming a venture capitalist. She got rejected from every school, and was told she was being unrealistic about her prospects in the venture industry, but she didn’t let that deter her. Now, eight years later, Barooah, 33, is
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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