News

WndrCo Enters Venture Capital with $450M Across Two New Funds
WndrCo, the tech investment firm founded by industry veterans Sujay Jaswa and Jeffrey Katzenberg, has officially stepped into the venture capital arena with the launch of its first venture capital funds, closing with over $450 million in capital commitments. The move marks a significant milestone for the 8-year-old company, which has already made notable strides […]

Swiss Startup Neural Concept Raises $27M to Revolutionize EV Design
In a bold move to address the pressing challenges in electric vehicle (EV) design, Swiss startup Neural Concept has secured $27 million in a Series B funding round. This funding aims to expedite the production timeline for EVs, significantly reducing the design time from an average of four years to just 18 months. The announcement […]

Cloudera Acquires Verta to Enhance AI Capabilities
Cloudera, a company known for its Hadoop-based data management solutions, has announced the acquisition of Verta, an AI startup specializing in machine learning model management, including large language models (LLMs) used in generative AI. This move comes as Cloudera seeks to strengthen its AI capabilities and remain competitive in a rapidly evolving market. Cloudera’s Strategic […]

Apple’s AI-Powered iOS 18: What to Expect at WWDC 2024
Apple’s Worldwide Developers Conference (WWDC) is set to be a milestone event in the tech giant’s history, showcasing the much-anticipated iOS 18. Scheduled to take place next week, the conference promises to reveal Apple’s innovative integration of AI technology into its devices and software, fueled by a significant partnership with OpenAI. Various leaks and reports […]

Misuse of AI Music Generators to Spread Hate
Malicious actors are increasingly abusing generative AI music tools to produce and disseminate homophobic, racist, and propagandistic songs. This alarming trend has been documented by ActiveFence, a service dedicated to managing trust and safety on online platforms. Rising Threat of AI-Generated Hate Speech Since March, there has been a significant increase in discussions within hate […]

Apple Set to Kick Off WWDC 2024 with Major Announcements
Apple’s highly anticipated World Wide Developers Conference (WWDC) 2024 is set to commence on June 10 with a keynote presentation at 10 a.m. ET/7 a.m. PT. This annual event, hosted at the iconic Steve Jobs Theater in Cupertino, California, will focus on unveiling the latest advancements in Apple’s software ecosystem. The tech giant is expected […]

Sékr Launches AI Tool ‘Copilot’ to Revolutionize Road Trip Planning
Sékr, a prominent mobile app tailored for outdoor enthusiasts and campers, has introduced an innovative AI tool named Copilot to assist users in planning their road trips. Available on both the updated website and app, this new feature aims to streamline the travel planning process for over 100,000 users. A New Era for Road Trip […]

Monzo Reports First Full-Year Profit and Prepares for European Expansion
In a significant milestone for UK-based neobank Monzo, the company has announced its first full-year pre-tax profit in its 2024 financial results. Additionally, Monzo has revealed its plans to expand into the European market, starting with a new hub in Dublin, Ireland. This move signifies a strategic shift as Monzo aims to establish a stronger […]

Ashby Revolutionizes Recruiting with AI-Driven Platform
Ashby, a promising startup co-founded by Benjamin Encz and Abhik Pramanik, is transforming the recruiting landscape with its innovative AI-powered platform. Launched to address inefficiencies in traditional hiring processes, Ashby aims to streamline recruiting through advanced automation and data analytics. A New Era in Recruitment Ashby has introduced an AI-driven solution designed to enhance the […]
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