Darwinbox, an Indian startup building a SaaS platform for hiring, onboarding and employee administration, has raised $140 million to take on the likes of Rippling and Deel as it seeks to expand internationally, especially in the U.S. The funding is…
Nvidia-backed data center company CoreWeave has acquired AI developer platform Weights & Biases for an undisclosed sum. According to The Information, CoreWeave spent $1.7 billion on the transaction. Weights & Biases was valued at $1.25 billion in 2023, and it…
EcoDataCenter, a Swedish company that builds eco-friendly data centers used by major compute providers to handle their AI traffic, has raised nearly half a billion dollars — $478 million (€450 million) to be exact — in anticipation of more demand. …
Defense tech startup Epirus, which specializes in anti-drone systems, has raised an oversubscribed $250 million Series D, it told TechCrunch. Epirus, based in Torrance, California, was previously valued at $1.35 billion for its $200 million Series C in 2022, per…
“We’re a long way from pants,” Andy Dunn, founder of online fashion retailer Bonobos, told TechCrunch. Now, the former CEO is taking on a completely different challenge: He wants to help people make friends. Dunn’s newest venture, Pie, is a…
A federal judge in Northern California denied Elon Musk’s motion for an injunction that would have halted OpenAI’s planned transition into a for-profit company, Bloomberg reported. Musk failed to provide enough evidence necessary for an injunction, U.S. District Court Judge…
Alec Radford, a researcher who helped develop many of OpenAI’s key AI technologies, has been subpoenaed in a copyright case against the AI startup, according to a court filing Tuesday. The filing, submitted by an attorney for the plaintiffs to…
One of Africa’s most active investors, known for early bets on unicorns like Flutterwave, Andela, and Wave, has secured fresh capital to invest in startups across the continent. This comes as funding deals and volumes in Africa saw only a…
Just over four years ago, climate friendly fintech startup Aspiration was on the verge of a $2 billion public listing. Now, one of the startup’s board members has pleaded guilty to wire fraud and one of the co-founders has been…
Amazon has formed a new group within AWS dedicated to creating AI agents, systems that help people automate parts of their lives, Reuters reported on Tuesday. In an email to staff seen by Reuters, AWS CEO Matt Garman said agentic…
X is bringing more attention to Communities, a feature that allows X users to connect and engage in discussions around a given topic, similar to how it’s done on Reddit. Today, tabs to access popular Communities are pinned to the…
Amazon reportedly wants to get in on the AI “reasoning” model game. According to Business Insider, Amazon is developing an AI model that incorporates advanced “reasoning” capabilities, similar to models like OpenAI’s o3-mini and Chinese AI lab DeepSeek’s R1. The…