IMAX embraces AI to expand original content reach

Intel and Biden Administration finalize $7.86B deal to fund domestic chip manufacturing

The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the U.S. CHIPS and Science Act, a federal statute signed into law by President Joe Biden in 2022 to boost domestic semiconductor manufacturing. The figure is notably lower than the potential highest figure announced back in March, when […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 10:16:55

AI helps India’s Meesho cut customer call costs by 75%

Softbank-backed Meesho has rolled out what it claims to be India’s first generative AI-powered voice bot among e-commerce firms for customer support, paring down some expenses by 75%. The Bengaluru-based e-commerce startup, which serves 160 million customers in India, said Tuesday its AI bot currently handles 60,000 customer calls daily in English and Hindi. The […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 10:08:32

EV charging platform Ampeco raise $26M Series B, as demand for charging soars

We last covered EV charging platform Ampeco in 2023 when it raised a Series A round of $13 million. Today it’s raised $26 million in a Series B funding led by Revaia, a growth equity investment fund. That takes its total funding to $42 million.  Many EV charging systems are end-to-end solutions which makes them […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 09:00:00

Cradle builds out its protein-design AI platform (and wet lab) with $73M in new funding

Using AI to accelerate biotech is fast becoming standard practice, and companies offering services to deploy the tech quickly are seeing big uptake and new investment. Cradle is one of these, focused on protein design — and it just raised $73 million to build out its labs and team. Cradle appeared in 2022 as part […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 08:01:00

Cambridge materials science spin-out Molyon is on a mission to make next-gen batteries fly

Battery tech is pivotal as the world leans into electrification to power decarbonization in the race against climate change. But rising demand is putting more attention on the limits and drawbacks of current generation lithium-ion (Li-ion) battery technology. This is where Cambridge University spin-out Molyon hopes to come in: the U.K. startup is developing next-gen […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 08:00:00

Biolevate’s raises €6M to helps medical writers keep up with the pace of new drugs

Writing the documentation that must go alongside the development of new drugs is a highly labor-intensive process: not much software is used and there’s a shortage of expert writers. Paris-based Biolevate helps medical writers go faster with a platform that uses NLP and visual document reading to assisting in writing. It’s now raised €6 million […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 07:00:00

Volta, a Shopify for B2B transactions, raises biggest pre-seed round of Italy

Volta, a new startup with a team split between two headquarters in Milan and Paris, has secured a €6 million pre-seed round ($6.3 million) to develop a new vertical software-as-a-service platform focused on B2B sales. In more practical terms, the Volta team pitches its product as an equivalent to Shopify but focused on B2B transactions. […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 07:00:00

Rivian snags $6.6B conditional federal loan to build Georgia factory

Rivian said late Monday it has secured conditional commitment for a $6.6 billion loan from the Department of Energy, funds that will help the EV maker restart construction of a massive factory in Georgia. The funds will come from DOE’s Loan Programs Office Advanced Technology Vehicle Manufacturing Loan Program. Rivian said it expects to begin […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 04:12:57

Google Developer Program gains new features, but you’ll have to pay for them

In June, Google announced the Google Developer Program, a free program to give devs access to resources designed to help them build applications using Google services. Now that “millions” of devs have signed up (according to Google), the company is introducing a second, paid tier to commercialize the program. On Monday, Google launched the Google […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 00:54:16

Another star athlete is making his way into venture capital

Giannis Antetokounmpo, a player for the Milwaukee Bucks, launched a venture capital firm called Build Your Legacy Ventures that will focus on sports and entertainment investing, according to Bleacher Report. Antetokounmpo will serve as general partner. The fund was “not just about capital; it’s about forging partnerships and opening my network to accelerate the growth […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-26 00:15:00

Marc Andreessen, Joe Lonsdale, and all the other VCs reportedly in the running for new Trump committees

With Elon Musk playing such a high-profile role in Donald Trump’s transition team, Musk’s buddies, many of them Silicon Valley venture capitalists, are reportedly being tapped to help out. For instance, VC firm Andreessen Horowitz, and in particular co-founder Marc Andreessen, is repeatedly being mentioned. He, along with Antonio Gracias and Joe Lonsdale, are reportedly […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-25 23:03:56

TechCrunch Space: Everything is bigger in Texas!

Hello, and welcome back to TechCrunch Space! First off, I want to highlight a few stories we weren’t able to get to: First, Inversion Space raised a $44 million Series A to continue development of its ultra-precise orbit-to-Earth cargo delivery service. The company has already garnered a lot of attention from the DOD for its […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-25 23:00:00

Rocket Lab nails two missions within 24 hours — one in each hemisphere

Rocket Lab set a new speed record for launch turnaround time, successfully executing two Electron missions in 24 hours. The company added in a statement that this is also the first time any launch operator has completed a mission from each hemisphere within that time frame.  Rocket Lab, which was founded in New Zealand, maintains […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-25 21:23:08

Tesla appears to be building a teleoperations team for its robotaxi service

As Tesla gears up to launch a robotaxi service in the coming years, the automaker looks like it’s building out a teleoperations team. According to a recent job listing, Tesla is hiring a software engineer to help develop a teleoperations system that will allow human operators to remotely access and control the company’s upcoming robotaxis […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-25 20:49:42

Sill’s new app rounds up the best links from your Bluesky and Mastodon networks

Want to keep up with what everyone’s talking about on alternative social media sites like Bluesky and Mastodon, but don’t have time to constantly scroll through their respective apps? A newly launched link aggregation service called Sill may be able to help. The service is similar to the older startup Nuzzel, which was ultimately acquired […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-25 20:17:50

Here’s why ServiceTitan was on the clock to go public

When ServiceTitan dropped its S-1 notice of an impending public offering on November 18, many VCs likely rejoiced. A successful IPO by the company, which builds operating software for trade businesses, could be what the quiet IPO market needs to start shaking loose. But the timing of ServiceTitan’s IPO may not be entirely based on […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-25 20:10:31

IMAX embraces AI to expand original content reach

With global content consumption rising and demand for non-English content surpassing that for English movies and shows, IMAX is leveraging AI to scale localization on its original content. The entertainment and media industry grew 5% to $2.8 trillion in 2023, according to a report by PwC. The industry is expected to continue its expansion, though […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-25 19:57:10

Volkswagen slashes the value of its stake in Northvolt, the beleaguered battery manufacturer

Published: 2024-11-25 19:53:52

Threads tests the ability for users to choose their preferred default feed

Since Threads’ launch last year, users have asked for the option to set their “Following” feed as their default feed. Now, more than a year later, Threads is finally testing the ability for users to do so. Meta CEO Mark Zuckerberg announced on Monday that the social network is now testing the option for users […] © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-25 19:34:41

Authorities catch ‘SMS blaster’ gang that drove around Bangkok sending thousands of phishing messages

Thai authorities said the crime gang sent around a million malicious SMS text messages to nearby residents over a three-day period in November. © 2024 TechCrunch. All rights reserved. For personal use only.

Published: 2024-11-25 18:15:00

Last news

Intel and Biden Administration finalize $7.86B deal to fund domestic chip manufacturing

AI helps India’s Meesho cut customer call costs by 75%

EV charging platform Ampeco raise $26M Series B, as demand for charging soars

Cradle builds out its protein-design AI platform (and wet lab) with $73M in new funding

Cambridge materials science spin-out Molyon is on a mission to make next-gen batteries fly

Biolevate’s raises €6M to helps medical writers keep up with the pace of new drugs

Volta, a Shopify for B2B transactions, raises biggest pre-seed round of Italy

Rivian snags $6.6B conditional federal loan to build Georgia factory

Google Developer Program gains new features, but you’ll have to pay for them

Another star athlete is making his way into venture capital

Marc Andreessen, Joe Lonsdale, and all the other VCs reportedly in the running for new Trump committees

TechCrunch Space: Everything is bigger in Texas!

Rocket Lab nails two missions within 24 hours — one in each hemisphere

Tesla appears to be building a teleoperations team for its robotaxi service

Sill’s new app rounds up the best links from your Bluesky and Mastodon networks

Here’s why ServiceTitan was on the clock to go public

IMAX embraces AI to expand original content reach

Volkswagen slashes the value of its stake in Northvolt, the beleaguered battery manufacturer

Threads tests the ability for users to choose their preferred default feed

Authorities catch ‘SMS blaster’ gang that drove around Bangkok sending thousands of phishing messages

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