Category: Uncategorized
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Renaissance Fusion raises €32M to radically simplify complex fusion reactors
The startup is betting that by simplifying stellarators, it can make fusion power cheaper and easier to maintain. © 2024 TechCrunch. All rights reserved. For personal use only. Read more
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Alpine Eagle secures funding from European backers for counter-drone tech amid rising threats
The war in Ukraine has brought drones to the forefront of modern warfare, creating a surge in demand for counter-drone systems. However, legacy solutions to counter drones, such as ground-based defense systems and cyber warfare, often come with a hefty price tag. For German startup Alpine Eagle, these solutions fall short: When now-ubiquitous $500 first-person… Read more
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Infineon teams up with India’s CDIL to explore business in light EVs, energy storage solutions
Infineon Technologies has partnered with CDIL Semiconductors to tap into emerging business cases including light EVs and battery storage solutions in India. © 2024 TechCrunch. All rights reserved. For personal use only. Read more
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Tapbots teases a new Bluesky app, Phoenix, saying it can’t ‘survive on Mastodon alone’
There’s a new Bluesky app in the works from a popular developer of iOS applications. Tapbots, the company behind the popular Mastodon client Ivory, born out of its earlier efforts with Tweetbot (RIP), is readying a new app called Phoenix, designed for Bluesky’s growing social network of over 32 million users. In a post on… Read more
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Canoo’s CEO is buying the bankrupt EV startup’s assets
The CEO of Canoo is buying nearly all of the defunct EV startup’s assets out of bankruptcy, according to a court filing. A new entity controlled by the CEO, Anthony Aquila, has offered to purchase “substantially all” of the assets for $4 million in cash. The sale will also wipe clean a more-than-$11 million debt… Read more
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Eric Schmidt argues against a ‘Manhattan Project for AGI’
In a policy paper published Wednesday, former Google CEO Eric Schmidt, Scale AI CEO Alexandr Wang, and Center for AI Safety Director Dan Hendrycks said that the U.S. should not pursue a Manhattan Project-style push to develop AI systems with “superhuman” intelligence, also known as AGI. The paper, titled “Superintelligence Strategy,” asserts that an aggressive… Read more
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Trump gives Big 3 automakers one month reprieve for Canada, Mexico tariffs
President Donald Trump has delayed tariffs on automobile imports from Canada and Mexico for one month after requests from executives at the Big Three automakers — General Motors, Ford, and Stellantis — according to Politico. The reprieve comes less than two days after Trump issued 25% tariffs on all goods from the U.S.’s neighbors, which… Read more
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Volkswagen’s cheapest EV ever is the first to use Rivian software
Volkswagen’s ultra-cheap EV called the ID EVERY1 — a small four-door hatchback revealed Wednesday — will be the first to roll out with software and architecture from Rivian, according to a source familiar with the new model. The EV is expected to go into production in 2027 with a starting price of 20,000 euros ($21,500).… Read more
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Revenue prediction startup Gong surpasses $300M in annualized revenue, indicating potential IPO path
Gong, a startup that helps companies predict their revenue from potential sales, has surpassed $300 million in annualized recurring revenue, the company announced on Wednesday. Since its founding in 2016, Gong has used AI to analyze customer interactions. The addition of generative AI capabilities in recent years has helped to fuel the company’s growth. “We’re… Read more
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Prime Video tests AI dubbing for select movies and TV series
Prime Video is now experimenting with AI-assisted dubbing for select licensed movies and TV shows, as announced by the Amazon-owned streaming service on Wednesday. According to Prime Video, this new test will feature AI-assisted dubbing services in English and Latin American Spanish, combining AI with human localization professionals to “ensure quality control,” the company explained. … Read more