Artificial intelligence startup Symbolica, which develops foundation models to compete with ChatGPT creator OpenAI, announced a $31 million series A funding round led by Khosla Ventures on Tuesday. General Catalyst, Abstract Ventures and Buckley Ventures also participated in the round, the company said. Symbolica has created a framework that will enable it to develop alternatives to the transformer deep learning architecture, said Symbolica CEO George Morgan, who formerly worked at Tesla on...
Multi-gaming platform Circle of Games (COG) has raised $1 million in equity funding from strategic investors Nazara Technologies FZ LLC and Swiss-based The Hashgraph Association.Nazara is India’s largest and only listed gaming company with presence across eSports, sports media, gaming studios and adtech. The company recently pledged $100 million to invest in successful and innovative brands and IPs with cutting-edge technology in the web3, virtual reality, and AI space.COG intends to use this...
Bamboo products maker Amwoodo has raised $1 million in funding from Zerodha-backed venture fund Rainmatter.The sustainability-focused Kolkata-based startup said the funds will primarily be allocated to capital expenditures, such as upgrading machinery and equipment, upskilling artisans and facilitating expansion initiatives.“Most of the bamboo products sold in India were imported from China. In India, Kolkata was geographically well located near to the northeast and most of the bamboo forest...
Illinois announces plans to spend $25.1 million on 643 new public EV charging ports. Illinois is set to have 643 new EV charging ports after the state announced it plans to spend $25.
The release of 16 new content categories aligns with TikTok's newly launched Inventory Filters, empowering brands to precisely target their advertising on the popular platform.
London, UK, April 17th, 2024, Chainwire StakeLayer, a leader in pioneering Bitcoin L2 restaking, has successfully raised over $1 million in its pre-sale, marking a significant milestone. The company’s rapid development is becoming increasingly evident within the crypto space. The community is experiencing rapid growth, and it is clear that the Bitcoin account is remarkably […]
Evolution Equity Partners, a growth capital firm based in NYC, has raised $1.1 billion for a new cyber- and AI-focused fund. © 2024 TechCrunch. All rights reserved. For personal use only.
Storj (STORJ) traded down 2.4% against the U.S. dollar during the 24-hour period ending at 16:00 PM E.T. on April 14th. In the last seven days, Storj has traded 26.1% lower against the U.S. dollar. One Storj token can now be bought for about $0.53 or 0.00000818 BTC on major cryptocurrency exchanges. Storj has a […]
Amazon’s partnership with the University of Washington, the University of Tsukuba, and NVIDIA will focus on AI research and workforce development.
Chip startup Rivos said on Tuesday it raised $250 million in a funding round that will enable it to manufacture its first server chip geared for artificial intelligence. Nvidia's combination of chips and CUDA software dominates the market for AI-related computing, and Nvidia gobbled up more than 80% market share of AI chips in 2023. But a host of startups and chip giants have started to launch competing products, such as Intel's Gaudi 3 and Meta's inference chip - both unveiled last week. Rivos...
Hollywood performers and media professionals have reached a tentative deal with major record labels such as Warner Music Group and Sony Music Entertainment that includes increases in minimum salaries and protections against the use of AI. The deal covers the five-year period from 2021 to 2026 and has been unanimously approved by the executive committee of SAG-AFTRA, which represents roughly 160,000 actors and other media professionals, the union said in a statement on its website. AI has emerged...
Happy Tuesday, all! Here's your Tuesday Tech Drop, the past week's top stories at the intersection of tech and politics. Another brick in the Wohl Jacob Wohl and Jack Burkman, two far-right activists supportive of Donald Trump, could pay up to $1.25 million in damages after settling a lawsuit related to a fraudulent, voter suppression scheme that used robocalls to spread disinformation to deter Black people from voting in the 2020 election. New York Attorney General Letitia James reached an...