Chinese AI company MiniMax releases new models it claims are competitive with the industry’s best
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Chinese AI company MiniMax releases new models it claims are competitive with the industry’s best

Chinese firms continue to release AI models that rival the capabilities of systems developed by OpenAI and other U.S.-based AI companies. This week, MiniMax, an Alibaba- and Tencent-backed startup that has raised around $850 million in venture capital and is valued at more than $2.5 billion, debuted three new models: MiniMax-Text-01, MiniMax-VL-01, and T2A-01-HD. MiniMax-Text-01 […]

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Chinese firms continue to release AI models that rival the capabilities of systems developed by OpenAI and other U.S.-based AI companies. This week, MiniMax, an Alibaba- and Tencent-backed startup that has raised around $850 million in venture capital and is valued at more than $2.5 billion, debuted three new models: MiniMax-Text-01, MiniMax-VL-01, and T2A-01-HD. MiniMax-Text-01
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Reusable rocket startup Stoke raised another massive round: $260M
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Reusable rocket startup Stoke raised another massive round: $260M

Y Combinator alum Stoke has an ambitious goal to build the first fully reusable rocket and VCs have opened their wallets wide.

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Y Combinator alum Stoke has an ambitious goal to build the first fully reusable rocket and VCs have opened their wallets wide.
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AI researcher François Chollet founds a new AI lab focused on AGI
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AI researcher François Chollet founds a new AI lab focused on AGI

François Chollet, an influential AI researcher, is launching a new startup that aims to build frontier AI systems with novel designs. The startup, Ndea, will consist of an AI research and science lab. It’s looking to “develop and operationalize” AGI. AGI, which stands for “artificial general intelligence,” typically refers to AI that can perform any […]

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François Chollet, an influential AI researcher, is launching a new startup that aims to build frontier AI systems with novel designs. The startup, Ndea, will consist of an AI research and science lab. It’s looking to “develop and operationalize” AGI. AGI, which stands for “artificial general intelligence,” typically refers to AI that can perform any
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

‘Social media should be built on protocols, not platforms’ says Mastodon CEO Eugen Rochko
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‘Social media should be built on protocols, not platforms’ says Mastodon CEO Eugen Rochko

“Social media should be built on protocols, not platforms,” Mastodon CEO Eugen Rochko said in an interview for TechCrunch’s Equity podcast. “And people should be able to choose freely between different platforms and also be able to move between them.”   Rochko is advocating here for a more decentralized approach to social media, one that allows […]

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“Social media should be built on protocols, not platforms,” Mastodon CEO Eugen Rochko said in an interview for TechCrunch’s Equity podcast. “And people should be able to choose freely between different platforms and also be able to move between them.”   Rochko is advocating here for a more decentralized approach to social media, one that allows
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Colossal Biosciences raises $200M at $10.2B valuation to bring back woolly mammoths
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Colossal Biosciences raises $200M at $10.2B valuation to bring back woolly mammoths

Colossal Biosciences wants to bring back the woolly mammoth and has raised $200 million at a $10.2 billion valuation to do it.

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Colossal Biosciences wants to bring back the woolly mammoth and has raised $200 million at a $10.2 billion valuation to do it.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Rockfish is helping enterprises leverage synthetic data
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Rockfish is helping enterprises leverage synthetic data

For years, Vyas Sekar would call up Muckai Girish, an old friend from undergrad, to talk through potential startup ideas and get Girish’s opinion. The two usually talked through an idea and ended the conversation at that. When Sekar called Girish with an idea involving synthetic data in early 2022, the conversation didn’t just end […]

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

For years, Vyas Sekar would call up Muckai Girish, an old friend from undergrad, to talk through potential startup ideas and get Girish’s opinion. The two usually talked through an idea and ended the conversation at that. When Sekar called Girish with an idea involving synthetic data in early 2022, the conversation didn’t just end
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Nelly raises $51 million to digitalize medical practices across Europe
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Nelly raises $51 million to digitalize medical practices across Europe

Nelly wants to become the biggest fintech startup in the healthcare industry. The Berlin-based startup is already working with more than 1,200 medical practices in a handful of European countries. But there are thousands more that could benefit from an upgrade for their administrative workflows. That’s why Nelly recently raised €50 million in funding (around […]

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Nelly wants to become the biggest fintech startup in the healthcare industry. The Berlin-based startup is already working with more than 1,200 medical practices in a handful of European countries. But there are thousands more that could benefit from an upgrade for their administrative workflows. That’s why Nelly recently raised €50 million in funding (around
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Nvidia backs MetAI, a Taiwanese startup that creates AI-powered digital twins
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Nvidia backs MetAI, a Taiwanese startup that creates AI-powered digital twins

Nvidia has been doubling down on the opportunity to build robotics and other industrial AI applications, with the launch of its Omniverse platform, and most recently Mega, an Omniverse Blueprint framework to create digital twins to operate these applications. It’s also investing in digital twin startups to get the effort off the ground. Taiwan’s MetAI […]

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Nvidia has been doubling down on the opportunity to build robotics and other industrial AI applications, with the launch of its Omniverse platform, and most recently Mega, an Omniverse Blueprint framework to create digital twins to operate these applications. It’s also investing in digital twin startups to get the effort off the ground. Taiwan’s MetAI
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Google-backed Pixxel launches India’s first private satellite constellation
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Google-backed Pixxel launches India’s first private satellite constellation

Pixxel, an Indian space tech startup backed by Google, has successfully launched the first three hyperspectral satellites of its commercial constellation Firefly.

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Pixxel, an Indian space tech startup backed by Google, has successfully launched the first three hyperspectral satellites of its commercial constellation Firefly.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

With $30 million in new funding, SEEQC thinks chips are key to building useful quantum computing
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With $30 million in new funding, SEEQC thinks chips are key to building useful quantum computing

Nvidia CEO Jensen Huang may have said that “very useful quantum computers” are probably still 20 years away, but his company is also hedging its bets beyond classical chips with investments and partnerships in that very space. Now one of the companies that Nvidia partners with in quantum development is announcing funding. SEEQC, a quantum […]

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

Nvidia CEO Jensen Huang may have said that “very useful quantum computers” are probably still 20 years away, but his company is also hedging its bets beyond classical chips with investments and partnerships in that very space. Now one of the companies that Nvidia partners with in quantum development is announcing funding. SEEQC, a quantum
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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