Dave Clark, formerly of Amazon and Flexport, just landed $100M for new supply chain venture
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Dave Clark, formerly of Amazon and Flexport, just landed $100M for new supply chain venture

Dave Clark has had a rollercoaster of a time these past two years. After stepping down in June 2022 as CEO of Amazon’s worldwide consumer division — a role he held for over two decades — Clark relocated to Dallas to join supply chain logistics company Flexport. With a board mandate to prepare Flexport to […]

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Dave Clark has had a rollercoaster of a time these past two years. After stepping down in June 2022 as CEO of Amazon’s worldwide consumer division — a role he held for over two decades — Clark relocated to Dallas to join supply chain logistics company Flexport. With a board mandate to prepare Flexport to
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Distributional raises $19M to automate AI model and app testing
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Distributional raises $19M to automate AI model and app testing

Distributional, an AI testing platform founded by Intel’s former GM of AI software, Scott Clark, has closed a $19 million Series A funding round led by Two Sigma Ventures. Clark says that Distributional was inspired by the AI testing problems he ran into while applying AI at Intel, and — before that — his work at […]

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

Distributional, an AI testing platform founded by Intel’s former GM of AI software, Scott Clark, has closed a $19 million Series A funding round led by Two Sigma Ventures. Clark says that Distributional was inspired by the AI testing problems he ran into while applying AI at Intel, and — before that — his work at
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Generative AI fact-checking firm Infactory lands a $4M seed
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Generative AI fact-checking firm Infactory lands a $4M seed

The generative AI-based fact checking firm launched by two Humane.AI expats is off to the races with $4 million in seed funding. The early round, led by Bee Partners, features a16z’s Scout Fund, Alumni Ventures, and FJ Labs. It values Infactory at $25 million. The San Francisco startup broke cover in July by ways of […]

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

The generative AI-based fact checking firm launched by two Humane.AI expats is off to the races with $4 million in seed funding. The early round, led by Bee Partners, features a16z’s Scout Fund, Alumni Ventures, and FJ Labs. It values Infactory at $25 million. The San Francisco startup broke cover in July by ways of
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

TensorWave thinks it can break Nvidia’s grip on AI compute with an AMD-powered cloud
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TensorWave thinks it can break Nvidia’s grip on AI compute with an AMD-powered cloud

Chipmaker Nvidia notched $30 billion in revenue last fiscal quarter, driven in large part by the AI industry’s insatiable demand for GPUs. GPUs are essential for training and running AI models; they contain thousands of cores that work in parallel to quickly perform the linear algebra equations scaffolding the models. The appetite for AI remains […]

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

Chipmaker Nvidia notched $30 billion in revenue last fiscal quarter, driven in large part by the AI industry’s insatiable demand for GPUs. GPUs are essential for training and running AI models; they contain thousands of cores that work in parallel to quickly perform the linear algebra equations scaffolding the models. The appetite for AI remains
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

New apps aid blind people in navigating indoor spaces
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Two new apps are set to assist blind individuals in navigating indoor spaces by providing spoken directions through a smartphone. This offers a safe solution for wayfinding in areas where GPS is ineffective.Two new apps are set to assist blind individuals in navigating indoor spaces by providing spoken directions through a smartphone. This offers a safe solution for wayfinding in areas where GPS is ineffective.Hi Tech & Innovation[#item_full_content]

Duo wins Physics Nobel for key breakthroughs in AI
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American John Hopfield and British-Canadian Geoffrey Hinton won the Nobel Prize in Physics on Tuesday for pioneering work in the development of artificial intelligence.American John Hopfield and British-Canadian Geoffrey Hinton won the Nobel Prize in Physics on Tuesday for pioneering work in the development of artificial intelligence.Machine learning & AI[#item_full_content]

Open source BI platform Lightdash gets Accel’s backing to bring AI to business intelligence
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Open source BI platform Lightdash gets Accel’s backing to bring AI to business intelligence

Lightdash, a business intelligence (BI) platform and open source alternative to Google’s Looker, is lifting the lid on a new product that allows companies to train “AI analysts” specific to individual teams’ use-cases, enabling anyone in a company to query aggregate business data. To help, the 4-year-old startup also on Tuesday announced that it has […]

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

Lightdash, a business intelligence (BI) platform and open source alternative to Google’s Looker, is lifting the lid on a new product that allows companies to train “AI analysts” specific to individual teams’ use-cases, enabling anyone in a company to query aggregate business data. To help, the 4-year-old startup also on Tuesday announced that it has
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Revyze, a ‘TikTok for education’ startup, draws on Duolingo to add bite-sized learning too
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Revyze, a ‘TikTok for education’ startup, draws on Duolingo to add bite-sized learning too

Middle and high schoolers are both the easiest and most difficult audience. If you’re developing a neat little video game, chances are they’re willing to download it right away. But if, like the team behind Revyze, you’re working on a learning app, good luck pitching them. And yet, the French startup has defied the odds […]

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

Middle and high schoolers are both the easiest and most difficult audience. If you’re developing a neat little video game, chances are they’re willing to download it right away. But if, like the team behind Revyze, you’re working on a learning app, good luck pitching them. And yet, the French startup has defied the odds
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

French biotech Generare speeds up hunt for new drugs by cloning natural molecules
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French biotech Generare speeds up hunt for new drugs by cloning natural molecules

French biotech startup Generare has closed a €5 million seed round (around $5.5 million at current exchange rates) to step up development of what it touts as a highly scalable approach to identifying promising compounds for drug discovery that already exist in nature. It’s focused on sifting for molecules that are produced by microorganisms but […]

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

French biotech startup Generare has closed a €5 million seed round (around $5.5 million at current exchange rates) to step up development of what it touts as a highly scalable approach to identifying promising compounds for drug discovery that already exist in nature. It’s focused on sifting for molecules that are produced by microorganisms but
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

VESSL AI secures $12M for its MLOps platform that aims to cut GPU costs by up to 80%
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VESSL AI secures $12M for its MLOps platform that aims to cut GPU costs by up to 80%

South Korean MLOps platform VESSL AI is trying to carve out a niche for itself by focusing on optimizing for GPU expenses using hybrid infrastructure.

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

South Korean MLOps platform VESSL AI is trying to carve out a niche for itself by focusing on optimizing for GPU expenses using hybrid infrastructure.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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