Zepto, a 10-minute delivery app, raises $665M at $3.6B valuation
Zepto has raised a massive $665 million in a new round of funding, more than doubling its valuation to $3.6 billion from $1.4 billion in less than a year, as the Mumbai-based startup doubles down on its efforts to capture…
Apple releases Final Cut Pro for iPad 2 and Final Cut Camera
Apple has released Final Cut Pro for iPad 2 and Final Cut Camera, the company announced on Thursday. Both apps were previously announced during the company’s iPad event in May. Apple also released updates for Final Cut Pro for Mac….
PQShield secures $37M more for ‘quantum resistant’ cryptography
Malicious hacking is getting increasingly sophisticated, and that’s leading to a very clear trend in security technology. To keep people and organizations safe, security also has to continue advancing its own complexity. Security startup PQShield has gotten an early start…
Ilya Sutskever, OpenAI’s former chief scientist, launches new AI company
Ilya Sutskever, one of OpenAI’s co-founders, has launched a new company, Safe Superintelligence Inc. (SSI), just a month after leaving OpenAI. Sutskever, who was OpenAI’s longtime chief scientist, founded SSI with former YC partner Daniel Gross and ex-OpenAI engineer Daniel…
How Abridge became one of the most talked about healthcare AI startups
Ask any of the health-focused VCs to name one of the top AI startups and one name comes up over and over again: a company based in Pittsburgh called Abridge. And it’s a startup that launched before OpenAI was a…
India’s Oyo, once valued at $10B, finalizes new funding at $2.5B valuation
Oyo, the Indian budget-hotel chain startup, is finalizing a fresh fundraise of about $100 million to $125 million that slashes its valuation to $2.5 billion, two people familiar with the matter told TechCrunch. That’s a steep decline in the Gurgaon-headquartered…
Black founders are creating tailored ChatGPTs for a more personalized experience
At first, John Pasmore was excited about ChatGPT. The serial founder had been in the artificial intelligence space since at least 2008. He recalled the days when experts declared it would take decades before the world saw anything like a…
Subscription vitamin company Care/of is shutting down
Care/of, a company offering personalized subscription vitamin packs, says it will be canceling all subscriptions as of Monday, June 17 and will no longer be accepting new orders. The news doesn’t come completely out of the blue, as Care/of had…
Albedo takes Earth observation up close and personal from very low Earth orbit
Satellite imagery startup Albedo is preparing for its up-close-and-personal debut. Albedo’s first satellite will take to orbit next spring as the company looks to turn the commercial Earth observation industry upside down with its novel approach and ultra-high-resolution cameras. The…
Brave integrates its own search results with its Leo AI assistant
Privacy-focused search engine and web browser company Brave Software is integrating search results into its Leo chatbot. Search results are based on the Brave Search API and Leo is integrated into the company’s browser. The company said that this integration…