Category: Uncategorized
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Hotel management platform Mews books $75M round led by Tiger Global
Despite clouds of uncertainty looming over the economy and geopolitics, people still want to travel. Demand for travel is in fact expected to grow by 12% this year, working out to 1.75 billion “arrivals,” according to analysts at Oxford Economics. To meet that demand, Mews, which provides a SaaS platform for hotel management, has raised… Read more
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Uber users in Austin are getting matched with Waymo robotaxis
Uber users in Austin now have a choice between a Waymo robotaxi and a human driver. The two companies officially launched Tuesday the “Waymo on Uber” robotaxi service in Austin as part of a partnership that has deepened in recent months. The launch comes just days before SXSW, the annual tech, music, film, and comedy… Read more
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Mistral urges telcos to get into the hyperscaler game
Mistral CEO Arthur Mensch brought a sales pitch to Mobile World Congress on Tuesday, urging delegates at the world’s biggest telecoms confab in Barcelona to invest in building data center infrastructure and “becoming hyperscalers” to boost the regional AI ecosystem. “We would welcome more domestic effort in making more data centers,” he said during an on-stage… Read more
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Mach Industries, founded by 21-year-old Ethan Thornton, lands US Army contract, builds weapons factory
Sequoia-backed Mach Industries, the defense tech founded by 21-year-old Ethan Thornton, landed a contract with the U.S. Army and has plans for its first factory, Thornton told TechCrunch. The factory will be 115,000 square feet in Huntington Beach, California, where Mach’s headquarters is located, CEO Thorton said. While that sounds like an expensive zip code… Read more
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Cino cracks bill-splitting at the moment of payment, raises seed round
While Venmo or Splitwise are effectively ‘debt collector’ tools, which require one person to pay a full bill and then request funds from others, neither have cracked bill-splitting at the moment of payment. European startup Cino, which has come up with just such a product, has now raised €3.5m in a Seed funding round led… Read more
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Dutch startup QuantWare seeks to fast-track quantum computing
Big tech companies aren’t sleeping on quantum chips: Amazon Web Services introduced Ocelot; Microsoft, Majorana; and Google, Willow. But although all of these can be considered to be breakthroughs, quantum startups often focus on more practical advancements — and they are making progress. Founded in 2020, Dutch startup QuantWare is one of these, which claims… Read more
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Moonwatt secures $8.3M to dial up solar’s staying power with sodium-ion storage
The drive to decarbonize our economies through electrification and clean energy continues to generate momentum around battery technologies, as storage has a key role to play in enabling the green transition. While renewables are clean sources of energy compared to burning fossil fuels, their power output isn’t always consistent. In the case of solar —… Read more
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Trump Administration cuts may threaten AI research efforts
The Trump Administration has fired a number of National Science Foundation employees who had been handpicked for their expertise in AI, threatening the agency’s ability to sustain key AI research, Bloomberg reported. One of the affected departments inside NSF, called the Directorate for Technology, Innovation, and Partnerships, was instrumental in funneling government grants focused on… Read more
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People are using Super Mario to benchmark AI now
At least we can watch AI play Mario. © 2024 TechCrunch. All rights reserved. For personal use only. Read more
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General Catalyst loses three top investors as the firm expands beyond venture, contemplates IPO
Three key investors have left General Catalyst amidst a series of recent changes at the firm, which now describes itself as an “investment and transformation company,” TechCrunch has learned. The departed managing directors include Deep Nishar and Kyle Doherty, who co-led General Catalyst’s late-stage strategy known as Endurance, and Adam Valkin, one of the three… Read more