Category: Uncategorized

Earlier this year, DeepSeek briefly crashed Nvidia’s stock because of speculation that its models require far fewer chips. Now, Chinese fintech giant Ant Group, which is backed by Alibaba founder Jack Ma, is claiming a major AI breakthrough. Ant was able to use Chinese chips made by Alibaba and Huawei to create methods that cut… Read more

Last year, AI-powered sales automation startup 11x appeared to be on an explosive growth trajectory. However, nearly two dozen sources – including investors, current and former employees – tell TechCrunch that the company has experienced financial struggles, largely of its own making.  Numerous people in the U.S. and U.K. told TechCrunch that the situation has… Read more

Vertical farming company Plenty has filed for bankruptcy, the company said in a press release on Monday. In its statement, Plenty said it has received a commitment for $20.7 million in debtor-in-possession financing as part of a proposed restructuring plan. It plans to continue to operate a strawberry farm in Virginia and a plant science… Read more

Founders Future, a Paris-based VC firm with €300 million in assets under management (around $324 million at current exchange rates), is opening up the capital of the holding company that manages Founders Future’s funds and Sowefund. The company has sold a 25% stake in the holding company to MACSF, the Dassault family, CMA CGM Group,… Read more

The Trump administration’s national security leaders accidentally included the editor-in-chief of the Atlantic, Jeffrey Goldberg, in a chat on Signal discussing confidential plans to attack Yemen’s Houthis. “I could not believe that the national-security leadership of the United States would communicate on Signal about imminent war plans,” Goldberg wrote of the March 15 messages, which… Read more

Developer tooling is changing rapidly with AI. So companies that are making it easier to adopt AI in their workflows are seeing a boom of attention. After a startup called n8n (pronounced “enay-ten”) pivoted its workflow automation platform to become more AI-friendly in 2022, it said it saw its revenues increase 5X, doubling in the… Read more

Arcade, a generative AI marketplace for designing jewelry, is expanding its offerings to include home goods, starting with rugs. The company on Monday also introduced a new feature called “Match My Room,” which allows users to upload a photo of their room so that their design complements the existing colors and style. Alongside this expansion,… Read more

Tornado Cash was used to launder billions in stolen crypto, according to the Treasury. Read more

Brooklyn-based electric vehicle charging infrastructure startup Revel on Monday launched its first fast-charging station in San Francisco, kicking off its plans to expand across the Bay Area over the next year.  “For years, Revel has operated the largest, fastest, and most reliable fast-charging network in New York City,” Frank Reig, co-founder and CEO of Revel,… Read more

Ukrzaliznytsia, Ukraine’s state-owned railway operator, has been hit by a cyberattack that disrupted online ticket sales. Read more