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New deep tech fund Wave Function Ventures raises $15 million

When Jamie Gull graduated from Stanford University in 2007 with a master’s degree in aeronautics, there was one place he wanted to go next: the desert. The Mojave desert, to be specific. A company called Scaled Composites had spent years developing experimental aircraft out on that arid land, and Gull wanted in. He could have […]

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Anker offered to pay Eufy camera owners to share videos for training its AI

Earlier this year, Anker, the Chinese company that makes Eufy security cameras, offered its users money in exchange for videos of packages and car thefts.  The popular internet-connected security camera maker said it would pay its customers $2 per video to train its AI systems to help better detect thieves who steal cars and packages.  

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Electroflow promises to make LFP material for 40% less than Chinese producers

The battery world has fallen head over heals for lithium-iron-phosphate cells, a cheap, durable chemistry that can lower the price of a vehicle by thousands of dollars. Tariffs and anti-China regulations have complicated the picture for American automakers. “We think LFP is the missing ingredient for energy prosperity. The problem is it’s literally 99% made

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Salesforce launches enterprise vibe coding product, Agentforce Vibes

Enterprise giant Salesforce is looking to ride the vibe coding wave — where developers describe what they want in natural language and AI agents write the code — with its new AI-powered developer tool.   Salesforce announced its new vibe coding offering, Agentforce Vibes, on Wednesday. This new coding tool helps developers work autonomously on Salesforce apps and agents by handling much of the technical implementation

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Whoop opens blood-testing service to what it says is a 350,000-person waitlist

Fitness band maker Whoop formally opened Whoop Advanced Labs for business on Tuesday. Some 350,000 people were on the waiting list after the service was previewed in May, the company told TechCrunch. Whoop Advanced Labs offers health-screening blood tests from Quest Diagnostics that cover a variety of markers from calcium to white blood cells. The

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Explosion, vehicle fire rock Faraday Future’s LA headquarters

A Faraday Future electric SUV caught fire at the startup’s Los Angeles headquarters early Sunday morning, leading to an explosion that blew out part of a wall, the fire department told TechCrunch. The fire was extinguished in 40 minutes, and no injuries were reported. Damage to the building — a smaller two-story structure next to

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The startup behind open source tool Polars raises $21M from Accel

Polars, the Amsterdam-based company behind the popular open source project of the same name, has raised €18 million (about $21 million) in a Series A round led by Accel, with participation from Bain Capital Partners and angel investors. But while raising this kind of money is the dream of many developers, its creator Ritchie Vink

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Former Microsoft execs launch AI agents to end Excel-led finance

Despite millions spent on financial software, many finance teams still rely on Excel to close their books and reconcile numbers while preparing them for audit. Two former Microsoft executives view it as a problem — and they have started Maximor to replace spreadsheets with AI agents for the grunt work finance teams perform. Excel spreadsheets

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Paid, the AI agent ‘results-based billing’ startup from Manny Medina, raises huge $21M seed

Manny Medina, previously best-known as the founder of sales automation startup Outreach ($4.4 billion valuation), has wowed investors with his young startup, Paid. Paid just closed an oversubscribed $21.6 million seed round led by Lightspeed. With the €10 million pre-seed round it raised in March, London-based Paid has already raised $33.3 million and hasn’t even

Paid, the AI agent ‘results-based billing’ startup from Manny Medina, raises huge $21M seed Read More »