The AI industry continues to release tons of new models, and companies looking to stay competitive are racing to adopt them for their purposes. In fact, nearly 10% of businesses plan to spend a whopping $25 million this year on AI initiatives, according to tech consulting firm Searce. But while lots of money is being […]
Eppo lands new cash to grow its app, website and AI experimentation business Read More »
Pakistani startup PostEx, offering financial and logistics services to online merchants, is set to enter new markets, beginning with Saudi Arabia this year, TechCrunch has exclusively learned. “We want to go into other markets to really disrupt them because we see the gap,” said Muhammad Omer Khan, founder and CEO of PostEx, in an interview.
Pakistan’s PostEx to enter new markets, starting with Saudi Arabia Read More »
Amazon is considering shifting its payments offerings in India into a standalone app, three sources familiar with the matter told TechCrunch, as the e-commerce giant aims to boost usage of Amazon Pay in the country. Amazon Pay is currently housed within the company’s primary e-commerce app in India, and lets users transfer money to individuals
Amazon considers moving Amazon Pay into a standalone app in India Read More »
Thomas Ingenlath is having perhaps a little too much fun in his Polestar 3, silently rocketing away from stop signs and swinging through tightening bends, grinning like a man far younger than his 59 years of age. “You really can push this car,” the Polestar CEO says as he cruises the roads alongside other enthusiasts
With the Polestar 3 now “weeks” away, its CEO looks to make company “self-sustaining” Read More »
Formlabs on Thursday confirmed that it has laid off a “small number” of employees, TechCrunch has exclusively learned. The 3D printing firm says the figure amounts to less than 40 of a total headcount of just under 750 employees. The layoffs occurred in waves over the past two years, and as recently as the last
3D printing stalwart Formlabs confirms ‘small number’ of layoffs Read More »
World Labs, a stealthy startup founded by renowned Stanford University AI professor Fei Fei Li, has raised two rounds of financing two months apart, according to multiple reports. The latest financing was led by NEA and valued the company at over $1 billion, TechCrunch has learned from several people with knowledge of the investments. This
NEA led a $100M round into Fei-Fei Li’s new AI startup, now valued at over $1B Read More »
Chinese autonomous vehicle company WeRide has received the green light to test its driverless vehicles with passengers in California. The step comes as WeRide begins the process to go public on the U.S. stock market at a nearly $5 billion valuation. The timing also coincides with reports that the Commerce Department is considering a ban
Chinese robotaxi startup WeRide gets approval to carry passengers in California Read More »
ArborXR, a startup that helps companies remotely manage AR and VR devices, believed that enterprise customers would be the primary targets for AR and VR devices. Now, that bet is paying off. On Tuesday, the company announced it has secured $12 million in funding, a Series A that will be used to develop and scale
ArborXR secures $12M to boost its management platform for AR and VR devices Read More »
The cost of healthcare in the U.S. has been rising rapidly, but the portion of those costs footed by patients has increased even faster. Just two decades ago, fees paid by patients accounted for only 5% of hospitals’ and doctors’ revenue, but by 2017, those fees made up 35% of revenue. This trend inevitably led millions
Prediction marketplace Polymarket, which lets users bet on real-world events, is partnering with AI-powered search engine Perplexity to display news summaries of events. When users click on an event on Polymarket, they will now see a summary of news related to the event based on search results from Perplexity. There’s also a search box that
Prediction marketplace Polymarket partners with Perplexity to show news summaries Read More »
