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What to Expect from WWDC 2024: iOS 18, macOS 15, and So Much AI

Apple’s annual World Wide Developer Conference (WWDC) is set to kick off on June 10, 2024, at 10 a.m. PT with a keynote led by CEO Tim Cook. Last year’s event made headlines with the introduction of the Vision Pro, and this year, Apple aims to capture even more attention with significant announcements, particularly in […]

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Sword Health Raises $130M, Valuation Soars to $3B

Sword Health, a pioneering startup in AI-powered virtual physical therapy, has successfully raised $130 million. This funding round has propelled the company’s valuation to $3 billion, a notable 50% increase from its previous valuation in November 2021. The round includes $30 million in primary funding and a $100 million secondary round, allowing employees and early […]

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How a Couple of Former Pinterest Search Experts Caught Biz Stone’s Attention

From Pinterest Pioneers to AI Innovators Lance Riedel and Nigel Daley, renowned for their work in search discovery, have transitioned from Pinterest’s ranks to co-founding Vantage Discovery in 2023. Their extensive experience culminated in the launch of Pinterest Shopping, where they honed techniques to enhance personalized search experiences. This venture piqued the interest of Twitter […]

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Stacklet Sees Increased Demand Amidst Growing Focus on Cloud Cost Control

Stacklet, a cloud governance and cost control startup, has experienced a significant rise in demand as companies prioritize managing their cloud expenditures more effectively. Founded in 2020 by Travis Stanfield and Kapil Thangavelu, former Capital One executives, Stacklet has responded to the economic pressures exacerbated by the pandemic and rising interest rates with a robust […]

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Raspberry Pi Collaborates with Hailo for New AI Extension Kit

The Raspberry Pi Foundation, known for its highly adaptable mini-computers, has unveiled a new AI extension kit designed to enhance the capabilities of the Raspberry Pi 5. Announced on June 4, 2024, this $70 AI Kit includes a neural network inference accelerator, enabling local AI inferencing and opening new possibilities for both hobbyists and industrial […]

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Forge: Revolutionizing Hardware Procurement with Cutting-Edge Software

In a groundbreaking move aimed at transforming the hardware procurement landscape, engineer brothers Emir and Haris Sahmanovic have launched Forge, a startup dedicated to modernizing the process of acquiring parts for complex engineering projects. Their innovative approach has recently garnered significant attention, culminating in a $2.1 million seed funding round led by Google’s Gradient Ventures, […]

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Microsoft Cuts Jobs in Azure, HoloLens, and Other Units to Control Costs

Microsoft is set to cut around 1,000 jobs across various divisions, including its Azure cloud unit and HoloLens mixed-reality organization. The layoffs, confirmed on Monday, are part of a broader strategy to manage costs and maintain profit margins amid significant capital investments in cloud infrastructure. Strategic Layoffs to Sustain Profit Margins The job cuts are […]

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Storyblok Raises $80M to Infuse AI into Its Headless CMS for Non-Technical Users

Linz, Austria—June 4, 2024—Storyblok, a pioneer in the headless content management system (CMS) sector, has announced an $80 million Series C funding round to accelerate its expansion into new markets and integrate advanced AI tools into its platform. This funding milestone, led by Brighton Park Capital, underscores Storyblok’s commitment to enhancing the user experience for […]

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Xcimer’s Vision for Fusion Power: A Groundbreaking Journey

Nuclear fusion has long been seen as the Holy Grail of energy production – a virtually limitless, clean power source. Yet, it has remained tantalizingly out of reach, with each breakthrough promising but not quite delivering on its potential. Now, Xcimer Energy, a startup spearheaded by Conner Galloway and Alexander Valys, aims to change that […]

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