Physical AI startup BrightAI bootstraps to $80M in revenue
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Physical AI startup BrightAI bootstraps to $80M in revenue

When Alex Hawkinson was the CEO of SmartThings, the consumer-focused connected devices company he co-founded and sold to Samsung for around $200 million, he kept thinking that Internet of Things (IoT) technology could probably solve bigger issues. He left SmartThings in 2018 to figure out where connected devices could make the largest impact. He co-founded […]

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When Alex Hawkinson was the CEO of SmartThings, the consumer-focused connected devices company he co-founded and sold to Samsung for around $200 million, he kept thinking that Internet of Things (IoT) technology could probably solve bigger issues. He left SmartThings in 2018 to figure out where connected devices could make the largest impact. He co-founded
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Nuro expands driverless autonomous vehicle testing in push to attract customers
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Nuro expands driverless autonomous vehicle testing in push to attract customers

Nuro is rolling out test fleet of its its driverless, passenger-less R3 vehicles across the Bay Area and Houston, two months after the the autonomous vehicle technology startup changed its business strategy to license its AV tech to automakers and mobility providers. The large-scale demo, which will expand the domain where Nuro currently tests, is designed to […]

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

Nuro is rolling out test fleet of its its driverless, passenger-less R3 vehicles across the Bay Area and Houston, two months after the the autonomous vehicle technology startup changed its business strategy to license its AV tech to automakers and mobility providers. The large-scale demo, which will expand the domain where Nuro currently tests, is designed to
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Database startup Neo4j embraces AI to supercharge growth
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Database startup Neo4j embraces AI to supercharge growth

To make AI possible, you need to create connections between vast quantities of data. That’s where tech like graph databases come into play. Graph databases handle fast-changing, interconnected data more adeptly than traditional databases, which were designed to store rigidly structured information. Of course, graph databases need to be managed in order to be useful. […]

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To make AI possible, you need to create connections between vast quantities of data. That’s where tech like graph databases come into play. Graph databases handle fast-changing, interconnected data more adeptly than traditional databases, which were designed to store rigidly structured information. Of course, graph databases need to be managed in order to be useful.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Selector automatically spots IT issues and recommends fixes
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Selector automatically spots IT issues and recommends fixes

AIOps, short for artificial intelligence in operations, is a process that uses AI to automate IT tasks. More organizations are embracing it as AI commodifies, yet adoption is still lagging. According to a recent IDC survey, almost half of companies said that they were just getting started in AIOps, while a third indicated they had […]

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

AIOps, short for artificial intelligence in operations, is a process that uses AI to automate IT tasks. More organizations are embracing it as AI commodifies, yet adoption is still lagging. According to a recent IDC survey, almost half of companies said that they were just getting started in AIOps, while a third indicated they had
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Lightyear is on a mission to modernize network procurement
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Lightyear is on a mission to modernize network procurement

Dennis Thankachan isn’t someone you’d expect would launch a digital procurement startup. After college, Thankachan went to work for Goldman Sachs as an investment banker. Two years later, he left for a hedge fund, PointState Capital, where he helped to manage equity investing. At PointState, which specializes in telecommunications, Thankachan said he encountered an unexpected […]

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

Dennis Thankachan isn’t someone you’d expect would launch a digital procurement startup. After college, Thankachan went to work for Goldman Sachs as an investment banker. Two years later, he left for a hedge fund, PointState Capital, where he helped to manage equity investing. At PointState, which specializes in telecommunications, Thankachan said he encountered an unexpected
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Workbrew makes open-source package manager Homebrew enterprise-friendly
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Workbrew makes open-source package manager Homebrew enterprise-friendly

Workbrew emerges from stealth with the mission of mitigating the risks of “shadow IT” practices around Homebrew package manager deployments.

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Workbrew emerges from stealth with the mission of mitigating the risks of “shadow IT” practices around Homebrew package manager deployments.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

In Mexico’s tense job market, Minu’s take on employee benefits includes financial wellness
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In Mexico’s tense job market, Minu’s take on employee benefits includes financial wellness

In a tight labor market, the best way to attract and retain talent is to look after employee well-being. As Mexico is nearing full employment, this creates tailwinds for these endeavors, but with particular awareness that financial, physical, and mental health are interconnected. “The main problem to solve in Mexico is around financial matters,” said […]

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

In a tight labor market, the best way to attract and retain talent is to look after employee well-being. As Mexico is nearing full employment, this creates tailwinds for these endeavors, but with particular awareness that financial, physical, and mental health are interconnected. “The main problem to solve in Mexico is around financial matters,” said
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Venture funding in Europe in 2024 fell to $45 billion, says Atomico
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Venture funding in Europe in 2024 fell to $45 billion, says Atomico

Funding for European tech appears to have stabilised in 2024 after dropping precipitously in 2023, but the signs continue to point to more tough times ahead, according to the latest State of European Tech report.  The annual survey — produced by European VC firm Atomico — notes that startups in the region are on track […]

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

Funding for European tech appears to have stabilised in 2024 after dropping precipitously in 2023, but the signs continue to point to more tough times ahead, according to the latest State of European Tech report.  The annual survey — produced by European VC firm Atomico — notes that startups in the region are on track
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Leaner large language models could enable efficient local use on phones and laptopson November 18, 2024 at 5:38 pm
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Large language models (LLMs) are increasingly automating tasks like translation, text classification and customer service. But tapping into an LLM’s power typically requires users to send their requests to a centralized server—a process that’s expensive, energy-intensive and often slow.Large language models (LLMs) are increasingly automating tasks like translation, text classification and customer service. But tapping into an LLM’s power typically requires users to send their requests to a centralized server—a process that’s expensive, energy-intensive and often slow.[#item_full_content]

AI feels like an unstoppable force. But it is not a panacea for businesses or society
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In Greek mythology, Prometheus is credited with giving humans fire as well as the “spark” that spurred civilization. One of the unintended consequences of Prometheus’s “gift” was that the need for celestial Gods diminished. Modern humans have been up to all sorts of things that present similar unintended consequences, from using CFCs that led to a hole in the ozone layer to building systems that they do not understand or cannot fully control.In Greek mythology, Prometheus is credited with giving humans fire as well as the “spark” that spurred civilization. One of the unintended consequences of Prometheus’s “gift” was that the need for celestial Gods diminished. Modern humans have been up to all sorts of things that present similar unintended consequences, from using CFCs that led to a hole in the ozone layer to building systems that they do not understand or cannot fully control.Machine learning & AI[#item_full_content]

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