In a sign that big tech companies are ready and willing to shell out cash for database tech, Neon, a startup building an open source alternative to AWS Aurora Postgres, on Wednesday announced that Microsoft’s venture arm M12 led a $25 million strategic investment in its business. The capital will go toward R&D, Neon co-founder […]
Database startup Neon nabs a Microsoft investment Read More »
Amazon has released an upgraded version of its in-house image-generating model, Titan Image Generator, for AWS customers using its Bedrock generative AI platform. Simply called Titan Image Generator v2, the new model brings with it several new capabilities, AWS principal developer advocate Channy Yun explains in a blog post. Users can “guide” the images they
Amazon upgrades its AI image generator Read More »
Despite the tight venture capital market, unicorns are still being created every month. Using data from Crunchbase, CB Insights, and PitchBook, TechCrunch tracked down the newly minted unicorns so far this year. The list includes Elon Musk’s xAI, which is already valued at a staggering $24 billion, as well as a good number of other
38 startups have become unicorns so far in 2024: Here’s the full list Read More »
When Mosa Meat served up a first-of-its-kind, lab-grown hamburger in 2013, it cost over $300,000. Eleven years later, around 200 startups worldwide remain hopeful that growing meat from cells, rather than slaughtering animals, will one day be a major portion of our food supply. Despite their optimism, such success is not a given. In 2024,
Even after $1.6B in VC money, the lab-grown meat industry is facing ‘massive’ issues Read More »
The humble garage is so steeped in Silicon Valley lore it’s almost cliché. Yet that’s exactly how Caleb Boyd and Kevin Bush started Molten Industries: in the garage of the Stanford professor’s on-campus home, where Kevin rented an apartment. It had everything they needed: space and, most importantly, power. The two wanted to break methane’s
Self-driving technology company Aurora Innovation was hoping to raise hundreds of millions in additional capital as it races toward a driverless commercial launch by the end of 2024. The company, which had arranged to sell up to $420 million worth of shares, exceeded its goal and raised $483 million. The newly raised funds come a little
The steam that condenses on your bathroom mirror may not seem like a big deal, but for architects and builders, it can be an enormous headache. “Moisture control is something that is a major pain point,” Derek Stein, founder and CEO of Adept Materials. “If you just google your favorite home builders’ name and then
Adept Materials’ dehumidifying paint was inspired by trees and semiconductors Read More »
Self-driving technology company Aurora Innovation is looking to raise hundreds of millions in additional capital as it races towards a driverless commercial launch by the end of 2024. Aurora, which went public in 2021 through a special purpose acquisition merger, is pursuing a driver-as-a-service model, wherein carriers purchase trucks with the Aurora Driver tech on
Global startup funding was up 16% in the second quarter, according to Crunchbase data, led by an uptick in mega-rounds. That increase was led, unsurprisingly, by the AI sector. Funding to companies in AI made up 30% of all dollars invested and actually doubled quarter over quarter to $24 billion. On today’s episode of TechCrunch’s
Global startup funding is picking up with AI still in the spotlight Read More »
It’s not uncommon for developers working at companies of a certain size to have trouble keeping track of all the software dev-related tasks and bugs that need to be addressed. According to a 2024 survey by Dynatrace, 88% of tech leaders say that the complexity of their tech stacks increased in the past year, and
Checkly tests software by mimicking the way people use it Read More »
