After raising $1 billion, fintech Varo closes another $29 million, replaces founder CEO

Fintech Varo has been hoping to raise a $55 million Series G round but has, so far, closed on $29 million to date, according to a recent SEC filing. Varo declined to comment on this new round but the fintech has raised just over $1 billion in funding since its 2015 inception, according to PitchBook. Fintech… Continua a leggere After raising $1 billion, fintech Varo closes another $29 million, replaces founder CEO

Saronic raises $600M to mass-produce autonomous warships

Austin-based defense startup Saronic has raised a $600 million Series C to build an autonomous ship factory called “Port Alpha,” it announced. © 2024 TechCrunch. All rights reserved. For personal use only.

‘For You’ feeds are not for creators, Patreon says

Patreon has continued on its crusade against algorithmic feeds with its latest State of Create report, a look at trends in the creator economy based on internal data, and it’s an effort creators can get behind. In its survey of 1,000 creators and 2,000 fans, the membership platform reported that 53% of creators think it… Continua a leggere ‘For You’ feeds are not for creators, Patreon says

AI-coding startup Codeium in talks to raise at an almost $3B valuation, sources say

Codeium, an AI-powered coding startup, is raising a new round of funding at a $2.85 billion valuation, including fresh capital, according to two sources with knowledge of the deal.  The round is being led by returning investor Kleiner Perkins, the people said. The new round comes just six months after Silicon Valley-based Codeium announced that… Continua a leggere AI-coding startup Codeium in talks to raise at an almost $3B valuation, sources say

Spore.Bio raises $23M to apply machine learning to microbiology testing

Recalls in the food and beverage industry due to contamination incidents can be catastrophic for a company. Not only do companies have to pay fines and damages, but the impacts on the brand’s reputation can be long-lasting. That’s why Spore.Bio, a Paris-based deeptech startup, is trying to reinvent microbiology testing to get ahead of the… Continua a leggere Spore.Bio raises $23M to apply machine learning to microbiology testing

Tether backs stablecoin liquidity provider Mansa in $10M seed round

As payment companies increasingly explore stablecoins for cross-border payments and real-time settlement, some startups are tapping into the zeitgeist by providing liquidity via a revolving line of credit in stablecoins. One of them is Dubai-based Mansa, whose offering allows payments companies, mainly in Africa to date, to settle transactions and fund customer accounts instantly. The… Continua a leggere Tether backs stablecoin liquidity provider Mansa in $10M seed round

Amazon is shutting down its app store on Android

Amazon will discontinue its app store for Android on August 20 this year. The company sent a notice to developers indicating that they will no longer be able to submit new apps to the store. The company said on a support page that it will also discontinue its Coins digital currency, which could be used… Continua a leggere Amazon is shutting down its app store on Android

Valar Atomics comes out of stealth with $19M and a pilot reactor site

Companies developing small modular nuclear reactors (SMRs) have raised more than $1.5 billion in the past year, as tech companies hunger for power to train AI models and governments decide to commit to the industry. For example, X-energy raised $700 million this month, and Paris-based Newcleo raised $151 million last year, and one would be… Continua a leggere Valar Atomics comes out of stealth with $19M and a pilot reactor site

This Week in AI: Maybe we should ignore AI benchmarks for now

Welcome to TechCrunch’s regular AI newsletter! We’re going on hiatus for a bit, but you can find all our AI coverage, including my columns, our daily analysis, and breaking news stories, at TechCrunch. If you want those stories and much more in your inbox every day, sign up for our daily newsletters here. This week, billionaire… Continua a leggere This Week in AI: Maybe we should ignore AI benchmarks for now

Google’s ‘Career Dreamer’ uses AI to help you explore job possibilities

Google is launching a new experiment that uses AI to help people explore more career possibilities. The company announced in a blog post on Wednesday that a new “Career Dreamer” tool can find patterns between your experiences, educational background, skills, and interests to connect you with careers that might be a good fit. With Career… Continua a leggere Google’s ‘Career Dreamer’ uses AI to help you explore job possibilities