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The Last-Mile EV Delivery Truck Dream Is Hitting a Snag: UPS and FedEx are struggling to reach their goals as the cost of EVs goes up due to shortages ...
thedrive.com/news/the-last-mile-ev-delivery-truck-dream-is-hitting-a-snag
Equities platform Midas raises $45M Series A as fintech retains its sparkle in Turkey
techcrunch.com/2024/04/19/equities-platform-midas-raises-45m-series-a-as-fintech-retains-its-sparkle-in-turkey/
Quick Glance: Midas Raises $45M in Series A Funding
- A fintech startup called Midas has successfully raised $45 million in a funding round led by Portage Ventures of Canada. This enables investors in Turkey to invest in US and Turkish equities.
- With over 2 million users in Turkey's retail market, Midas offers lower transaction and commission fees for Turkish customers. Additionally, the company provides financial content, real-time stock market data and news, as well as company profiles to educate the market.
- The new funding is intended to introduce three new products: cryptocurrency trading, mutual funds, and savings accounts. Midas plans to expand beyond Turkey and target countries in the MENA region.
- Other participants in the round included International Finance Corporation, Spark Capital, Earlybird Digital East Fund, and Revo Capital. Previously, Midas had already completed a $11 million seed round in 2022 and aims to strengthen its presence in the Turkish financial sector.
Firebrand ex-Arm China CEO founds RISC-V processor startup: Allen Wu, former CEO of Arm China, founds RISC-V technology startup, set to rival Arm.
tomshardware.com/pc-components/cpus/firebrand-ex-arm-china-ceo-founds-risc-v-processor-startup
New Swedish app gives money for reporting wrongly parked cars: A Swedish company has launched a new app which lets its users earn money by reporting wrongly ...
euronews.com/next/2024/04/11/swedish-app-launched-where-you-can-tip-off-wrongly-parked-cars-to-earn-money
This company pays twice as much as it makes for its boss's private jet: The US electric car manufacturer Canoo is in financial difficulties. Just 22 vehicles ...
t3n.de/news/firma-privatjet-chef-umsatz-1617031/
OpenAI bids for Japan business as it opens Tokyo office: Microsoft backed artificial intelligence startup OpenAI made a pitch for business in Japan on Monday as ...
reut.rs/3TXmsee
Co-working startup plans huge expansion of clubs in Atlanta, Nashville and other cities
ajc.com/news/business/switchyards-to-expand-co-working-clubs-in-atlanta-nashville-charlotte-and-other-cities/DDCXZWN5FZAF5EBIHPR6PT6EOQ/
Turkish startup ikas attracts $20M for its e-commerce platform designed for small businesses
techcrunch.com/2024/04/10/turkey-ikas-20m-fundraise/
Neurotech startup Neurovalens gets FDA clearance for non-invasive anxiety treatment
techcrunch.com/2024/04/08/neurovalens-anxiety-fda/
Chinese EV startup Nio sets starting price for new version of ET7 sedan: Chinese electric vehicle (EV) startup Nio has set the starting price of the new version ...
reuters.com/business/autos-transportation/chinese-ev-startup-nio-sets-starting-price-new-version-et7-sedan-2024-04-25/
What’s the cheapest way to the edge of space? Ride a balloon: Spanish startup HALO Space hopes to begin commercial flights to near-space in 2026 ...
cnn.com/2024/04/16/travel/halo-space-near-space-balloon-trip/
AI talent wars have Big Tech CEOs recruiting and paying huge packages: CEOs like Mark Zuckerberg and Sam Altman are getting involved in AI recruiting as they ...
businessinsider.com/ai-talent-wars-big-tech-ceos-recruiting-paying-huge-packages-2024-4
Quick Glance: AI Revolutionizing Call Centers: TCS Insights
- The head of Tata Consultancy Services predicts chatbots will reduce the need for human call center agents significantly, revolutionizing the industry.
- TCS's generative AI projects have doubled in value to $900 million by March, highlighting the increasing demand for tech talent and the need for workforce training.
- Reports suggest that overall IT services growth is affected by global uncertainties like inflation, war, and elections, leading to a decline in spending and slower revenue growth for companies like TCS and Infosys.
- Infosys anticipates a modest 1-3% sales growth in the upcoming financial year due to customers delaying discretionary spending on new tech projects amidst the current economic climate.
Meta's AI annoys, Microsoft and Amazon under scrutiny, banks go all-in: AI news roundup
qz.com/ai-news-meta-microsoft-amazon-nvidia-banks-sam-altman-1851436206
AI talent wars have Big Tech CEOs recruiting and paying huge packages: CEOs like Mark Zuckerberg and Sam Altman are getting involved in AI recruiting as they ...
businessinsider.com/ai-talent-wars-big-tech-ceos-recruiting-paying-huge-packages-2024-4
Microsoft cloud growth accelerates on back of AI push: Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in ...
cnbc.com/2024/04/25/microsoft-msft-q3-earnings-2024.html
Here’s another reason why 2024 could be the “year of AI” for Apple : Industry experts such as Bloomberg's Mark Gurman explains that Apple's LLM will ...
financialexpress.com/life/technology-heres-another-reason-why-2024-could-be-the-year-of-ai-for-applenbsp-3467412/
Self belief: I always knew I was built to be an entrepreneur : Eutycus Mwenda is the founder of Milestones Supplies, a fuel depot in Meru town.
nation.africa/kenya/life-and-style/mynetwork/self-belief-i-always-knew-i-was-built-to-be-an-entrepreneur--4593622
'Buy Bitcoin' Sign Sold for Over $1M at Auction: Proceeds will go to fund the development of Bitcoin layer-2 lightning startup Tirrel Corp.
coindesk.com/business/2024/04/25/buy-bitcoin-sign-sold-for-over-1m-at-auction/
A Nvidia-backed startup just unveiled AI avatars that can express human emotions: Synthesia introduced its fourth-generation "Expressive Avatars ...
qz.com/synthesia-introduces-ai-avatars-human-expression-nvidia-1851434555
Microsoft-backed Rubrik prices US IPO above range at $32/shr: Rubrik , the cybersecurity software startup that counts Microsoft among its investors ...
reuters.com/markets/deals/microsoft-backed-rubrik-prices-ipo-above-range-32-per-share-source-says-2024-04-24/
Nvidia acquires AI workload management startup Run:ai for $700M, sources say: Nvidia is acquiring Run:ai, a Tel Aviv-based company that makes it easier for ...
techcrunch.com/2024/04/24/nvidia-acquires-ai-workload-management-startup-runai/
German AI start-ups are booming - and still lag behind: Last year, two-thirds more AI start-ups were created in Germany than in the previous year ...
faz.net/aktuell/wirtschaft/unternehmen/deutsche-ki-start-ups-boomen-und-haengen-trotzdem-hinterher-19675006.html
Swiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval
techcrunch.com/2024/04/24/india-swiggy-secures-shareholder-approval-for-1-2-billion-ipo/
Start-ups face more tax heat, to move court: In September last year, the tax department notified five valuation methods for capital infused in Indian unlisted ...
financialexpress.com/business/sme-start-ups-face-more-tax-heat-to-move-court-3469814/
Exclusive: AI startup Edia guarantees better math outcomes for school districts within one year
venturebeat.com/ai/exclusive-ai-startup-edia-guarantees-better-math-outcomes-for-school-districts-within-one-year/
Xaira, an AI drug discovery startup, launches with a massive $1B, says it’s ‘ready’ to start developing drugs
techcrunch.com/2024/04/24/xaira-an-ai-drug-discovery-startup-launches-with-a-massive-1b-says-its-ready-to-start-developing-drugs/
Ex-NSA hacker and ex-Apple researcher launch startup to protect Apple devices: Two veteran security experts are launching a startup that aims to help other ...
techcrunch.com/2024/04/25/ex-nsa-ex-apple-researcher-doubleyou/
Soros family fund among investors in Japan electricity exchange startup: TOKYO -- A group of 17 trading, power and gas companies, as well as Soros Capital ...
asia.nikkei.com/Business/Energy/Soros-family-fund-among-investors-in-Japan-electricity-exchange-startup
Trump Media Ropes In Congress to Pursue Claims of Illegal Shorts: Donald Trump’s social media startup publicized a letter to the heads of various US House of ...
bloomberg.com/news/articles/2024-04-24/trump-media-ropes-in-congress-to-pursue-claims-of-illegal-shorts
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Espresso without the beans: What's inside Atomos new coffee alternative: As Americans drink record-breaking amounts of coffee, one food startup offers ...
axios.com/2024/04/22/bean-free-espresso-coffee-atomo-earth-day
RTL Group: The media value is cheaper on Thursday, but...: RTL Deutschland takes over Nickelodeon from Paramount. After the dividend discount ...
deraktionaer.de/artikel/medien-ittk-technologie/rtl-group-am-donnerstag-gibt-es-den-medien-wert-guenstiger-aber-20356035.html
Exclusive: VC firm Redesign Health looks to raise $250 million: Health startup investor and accelerator Redesign Health is targeting a fresh $250 million raise ...
businessinsider.com/exclusive-vc-firm-redesign-health-raise-250-million-2024-4
This exoskeleton can boost your physical capabilities: A new generation of lightweight exoskeletons will enable long-distance walkers, hikers and sports ...
thestar.com.my/tech/tech-news/2024/04/27/this-exoskeleton-can-boost-your-physical-capabilities
Paris startup adds 'universal compute' weapon to France's growing AI arsenal: A startup promising “universal AI compute” has joined France’s thriving artificial ...
thenextweb.com/news/flexai-universal-ai-compute-french-ai-sector
Trump Set for Another $1.3 Billion in Shares He Can’t Sell Yet: The blank-check deal that brought Donald Trump’s media startup public is set to give him another ...
bloomberg.com/news/articles/2024-04-23/trump-set-for-another-1-3-billion-in-shares-he-can-t-sell-yet
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Struggling EV startup Fisker says 4 companies are in talks to buy it: Nissan was reportedly in negotiations to give Fisker $400 million, but that apparently fell ...
qz.com/fisker-ev-startup-buyout-1851439590
Perplexity is raising $250M+ at a $2.5B-$3B valuation for its AI search platform, sources say
techcrunch.com/2024/04/23/perplexity-is-raising-250m-at-2-point-5-3b-valuation-ai-search-sources-say/
Sustainability and agrifood sectors fuel Singapore startup growth: Sustainability and agrifood sectors are leading Singapore's startup ecosystem ...
sbr.com.sg/markets-investing/in-focus/sustainability-and-agrifood-sectors-fuel-singapore-startup-growth
This week in Dutch tech: Hallo, Netherlands! Welcome to TNW's first weekly round-up of tech news from our glorious home country.
As we count down to TNW ...
thenextweb.com/news/this-week-in-dutch-tech-news
DeepL launches AI writing assistant for businesses trained on its own LLM: DeepL, which has been rivalling machine translation giants such as Google Translate ...
thenextweb.com/news/deepl-ai-writing-assistant-businesses
Startups Weekly: Is the wind going out of the AI sails?: Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups ...
techcrunch.com/2024/04/19/startups-weekly-are-we-over-ai/
NYSE mulls 24-hour trading — a move Steve Cohen may welcome: The NYSE has polled market participants about the merits of round-the-clock trading ...
businessinsider.com/new-york-stock-exchange-24-hour-trading-steve-cohen-startup-2024-4
This solar-building robot is designed to solve one of the industry’s biggest problems
fastcompany.com/91108331/these-solar-assembling-robotic-arms-could-solve-one-of-the-industrys-biggest-problems
Google-backed Glance pilots Android lockscreen platform in US: Glance, which operates a popular lockscreen platform targeting Android smartphones ...
techcrunch.com/2024/04/23/india-glance-pilots-android-lockscreen-platform-in-us/
Fisker plans more layoffs as cash dwindles and bankruptcy looms: Fisker says it’s planning more layoffs less than two months after cutting 15% of its workforce ...
techcrunch.com/2024/04/23/fisker-more-layoffs-bankruptcy-ocean-suv/
Elizabeth Warren reelection: Republican Ian Cain enters Senate race: The first Black and openly gay City Council president in Quincy’s history ...
bostonglobe.com/2024/04/24/nation/quincy-ian-cain-us-senate-elizabeth-warren/
Augsburg: Innovations from Augsburg: What convinces local start-ups: They invent cooling systems for quantum computers or AI-based health monitoring for cows: ...
augsburger-allgemeine.de/augsburg/augsburg-innovationen-aus-augsburg-womit-ortsansaessige-start-ups-ueberzeugen-id70289321.html
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Malaysia plans South-East Asia’s largest integrated circuit design park: Malaysia plans to build South-East Asia's largest integrated circuit design park ...
thestar.com.my/tech/tech-news/2024/04/22/malaysia-plans-south-east-asias-largest-integrated-circuit-design-park
World-first satellites for commercial science set for launch in 2025: A British startup aims to launch science satellites into space in 2025 after raising a ...
thenextweb.com/news/blue-skies-space-science-satellites-launch-2025
a16z Crypto recommends startup founders ‘never publicly sell tokens’ in US: Due to a lack of proper crypto regulations, many startups are avoiding issuing tokens ...
cointelegraph.com/news/a16z-crypto-recommends-startup-founders-never-publicly-sell-tokens-us
Malaysia rolls out 'Golden Pass' to lure unicorns and VC firms: KUALA LUMPUR -- Malaysia has rolled out new incentive packages to attract the world's ...
asia.nikkei.com/Business/Startups/Malaysia-rolls-out-Golden-Pass-to-lure-unicorns-and-VC-firms
Defense startup True Anomaly lays off around 25%, cancels summer internship: Space and defense startup True Anomaly has laid off around 25% of its workforce and ...
techcrunch.com/2024/04/25/defense-space-startup-true-anomaly-layoffs-cancels-internship/
Regulatory structure all too powerful: Most sectors have more than a hundred bodies empowered to summon, block, or stop business. There’s not one for ...
financialexpress.com/opinion/regulatory-structure-all-too-powerful/3465195/
Turkish startup Getir mulls sale of shopping platform n11: Sources: Turkish fast delivery company Getir is purportedly considering the sale of online shopping ...
dailysabah.com/business/transportation/turkish-startup-getir-mulls-sale-of-shopping-platform-n11-sources
This biotech startup got the biggest venture capital deal in San Diego so far this year
sandiegouniontribune.com/business/story/2024-04-25/this-biotech-startup-got-the-biggest-venture-capital-deal-in-san-diego-so-far-this-year
Speaker applications close tomorrow for TechCrunch Disrupt 2024: Hurry up! Our Call for Content ends tomorrow, April 26 at 11:59 p.m. PT. If you’re a startup ...
techcrunch.com/2024/04/25/speaker-applications-close-tomorrow-for-techcrunch-disrupt-2024/
Chilean instant payments API startup Fintoc raises $7 million to turn Mexico into its main market
techcrunch.com/2024/04/25/fintoc-a2a-payments-chile-mexico/
AI Is Transforming Drug Matching for Cancer, Rare Diseases — Here's How: Pharmaceutical startup Transcripta Bio uses AI to match existing medications to new ...
entrepreneur.com/business-news/ai-is-transforming-drug-matching-for-cancer-rare-diseases/473196
Salesforce has a new Germany boss: After long-time Germany boss Joachim Schreiner left in autumn 2023, Alexander Wallner is now taking over Salesforce's business ...
computerwoche.de/a/salesforce-hat-neuen-deutschland-chef,3698666
RM1bil for 'Fund-of-Funds' to invest in high-growth firms: KUALA LUMPUR: A RM1bil allocation has been put aside to set up a "National Fund-of-Funds" ...
thestar.com.my/news/nation/2024/04/22/rm1bil-for-039fund-of-funds039-to-invest-in-high-growth-firms
Ex-CEO of popular fashion e-commerce startup files sexual harassment case against co-founder, ex-COO
indianexpress.com/article/cities/mumbai/ex-ceo-e-commerce-startup-sexual-harassment-case-co-founder-ex-coo-9289020/
Why code-testing startup Nova AI uses open source LLMs more than OpenAI: Enterprises still don't trust OpenAI, while open source AI models are cheaper and ...
techcrunch.com/2024/04/24/why-code-testing-startup-nova-ai-uses-open-source-llms-more-than-openai/
HR tech startup Rippling climbs to $13.5 billion valuation after Coatue-led funding
reuters.com/technology/hr-tech-startup-rippling-valued-135-bln-after-latest-fundraise-2024-04-22/
SoftBank-backed TabaPay is buying the assets of a16z-backed Synapse, after it filed for bankruptcy
techcrunch.com/2024/04/22/softbank-backed-tabapay-is-buying-the-assets-of-a16z-backed-synapse-after-it-filed-for-bankruptcy/
Startups Say India Is Ideal for Testing Self-Driving Cars: Unruly traffic forces innovative approaches to autonomy
spectrum.ieee.org/india-self-driving-car
UAE: Nearly 60% of GCC’s fintech firms are based in Dubai - News | Khaleej Times: The Mena region’s fintech landscape is booming, with over 800 start-ups worth ...
khaleejtimes.com/uae/uae-nearly-60-of-gccs-fintech-firms-are-based-in-dubai
Apple quietly beefs up its AI division with acquisition of French startup: Apple has quietly acquired Paris-based AI startup Datakalab, which deploys fast and ...
fastcompany.com/91110830/apple-datakalab-acquisition
Commission supports expansion of St.Gallen start-up funding: The St. Gallen government wants to expand support for start-up companies and provide ten million ...
sarganserlaender.ch/artikel/kommission-unterstuetzt-ausbau-der-st-galler-start-up-foerderung
Sam Altman and others are investing $20 million in a startup tackling AI's energy problem
qz.com/sam-altman-exowatt-investment-ai-data-energy-1851425607
China Approves US Listing for Self-Driving Firm in Easing Sign: China has greenlit a US listing by autonomous driving startup Pony.ai, raising the potential for ...
bloomberg.com/news/articles/2024-04-24/china-approves-us-listing-for-self-driving-firm-in-easing-sign
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Arlington could score 3 company headquarters this week: The city of Arlington has the opportunity to score three headquarters this week between E-Space Inc. ...
dallasnews.com/business/real-estate/2024/04/23/arlington-could-score-three-company-headquarters-this-week/
Berlin start-up Enpal wants to shake up the heat pump market: The Berlin start-up wants to invest a three-digit million euro sum. Turnover of one billion euros ...
berliner-zeitung.de/mensch-metropole/berliner-start-up-enpal-will-waermepumpen-markt-aufmischen-li.2205374
Ingelheimer caravan start-up minitouring on course for growth: More production space, new model: After moving from Nieder-Olm to Heidesheim ...
allgemeine-zeitung.de/lokales/kreis-mainz-bingen/ingelheim/ingelheimer-caravan-start-up-miniatouring-auf-wachstumskurs-3502408
Türkiye's retail investing startup Midas raises $45 million: Fintech startup Midas, which brought retail investing to millions in Türkiye ...
dailysabah.com/business/economy/turkiyes-retail-investing-startup-midas-raises-45-million
TechCrunch Minute: How Headspin’s founder fraudster almost get away with lying to investors
techcrunch.com/2024/04/23/techcrunch-minute-how-headspins-founder-fraudster-almost-get-away-with-lying-to-investors/
Ibotta goes public today. We spoke to its CEO about riding the tech IPO wave: Ibotta founder and CEO Bryan Leach on why it's going public now and its AI ...
qz.com/ibotta-ipo-ceo-bryan-leach-interview-ai-walmart-1851416943
Arres Prevent robot uses advanced AI to fight potholes [video]: A UK-based startup called Robotiz3d claims it's invented a world's first: an autonomous ...
electrek.co/2024/04/23/arres-prevent-robot-uses-advanced-ai-to-fight-potholes-video/
Campus, a community college startup, receives $23M Series A extension led by Founders Fund
techcrunch.com/2024/04/23/campus-a-community-college-startup-receives-23m-series-a-extension-led-by-founders-fund/
Allye Energy wants to power your job site with used Land Rover batteries: A new startup is partnering with Jaguar Land Rover on a new portable BESS designed to ...
electrek.co/2024/04/23/allye-energy-wants-to-power-your-job-site-with-used-land-rover-batteries/
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