As the U.S. trucking industry gears up for the negative impacts of U.S. President Donald Trumpβs new tariffs on goods imported from Mexico and Canada, a startup building a new kind of trucking insurance has raised some money to grow and help truckers weather the changes. Nirvana, an AI-based insurance platform that uses real-time driving [β¦]
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More consolidation is playing out in the security industry as platform players scoop up technology to give them deeper expertise in growing business areas. On Thursday, Armis, a $4.2 billion specialist in cyber-exposure management, said it would be acquiring Otorio, a specialist in securing industrial and physical environments.Β Terms of the deal are not being [β¦]
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As AI companies race to improve the accuracy of large language models (LLMs) and apps built on top of them, a startup that has emerged as a key partner in that effort is announcing a significant round of funding. Turing, which works with armies of engineers to contribute code to AI projects β including assisting [β¦]
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AI agents are marching across the world of IT, and on Thursday a startup called Crogl is debuting its contribution to the field: an autonomous assistant that helps cybersecurity researchers analyze daily network alerts to find and fix security incidents. The assistant β described by Croglβs CEO and co-founder Monzy Merza as an βIron Man [β¦]
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Foreign exchange fluctuations can make or break a business that trades across borders, but keeping up and responding to the FX market can be tricky if youβre anything smaller than the worldβs largest enterprises. Today, a startup called Grain is emerging from stealth with a product that it says will let finance teams at companies [β¦]
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Darwinbox, a startup with Indian roots building a SaaS platform for hiring, onboarding and employee administration, has raised $140 million to take on the likes of Rippling and Deel as it seeks to expand internationally, especially in the U.S. The funding is being co-led by KKR and Partners Group, and is a mix of primary [β¦]
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EcoDataCenter, a Swedish company that builds eco-friendly data centers used by major compute providers to handle their AI traffic, has raised nearly half a billion dollars β $478 million (β¬450 million) to be exact β in anticipation of more demand.Β The equity funding, which is coming from a group of unnamed institutional investors, will be [β¦]
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Last October, Meta dipped its toe into the world of facial recognition with an international test of two new tools: one to stop scams based on likenesses of famous people, and a second feature to help people get back into compromised Facebook or Instagram accounts. Now, that test is expanding to one more notable country. [β¦]
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British startup Quantexa has made a name for itself over the years with its enterprise platform that employs AI and data analytics to fight money laundering and fraud. Today, the company said it has raised a fresh $175 million to double down on that business and move deeper into another hot area: helping organizations understand [β¦]
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Cross-border trade could become significantly more challenging with the wave of new tariffs getting introduced across different markets. Today, in a timely piece of news, a London-founded startup called Swap β which is building tools for e-commerce companies to better navigate the cross-border trading world β is announcing $40 million in funding to expand. Iconiq [β¦]
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Despite clouds of uncertainty looming over the economy and geopolitics, people still want to travel. To meet that demand, Mews, an Amsterdam-founded βunicornβ building an SaaS platform for hotel management, has raised a fresh $75 million. The funding is coming at a crossroads in the travel industry. From one direction, the positive signals: Analysts at [β¦]
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It was inevitable that this year at MWC in Barcelona, at least one carrier would announce a major effort at building a smartphone with a top AI company. And here it is: Deutsche Telekom (DT), said that it is building an βAI Phone,β a low-cost handset created in close collaboration with Perplexity, along with Picsart [β¦]
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Digital payments platform Stripe has yet to lay out plans to go public, but in the meantime the company has thrown past and present employees a line for some liquidity. The company on Thursday confirmed a tender offer where investors will buy up shares from those employees at a valuation of $91.5 billion. Stripe said [β¦]
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Commercetools β a βheadless commerceβ platform that provides APIs to companies building online storefronts β saw a major boost in its business just a few years ago, raising money at a whopping $1.9 billion valuation as the world went shopping online in the wake of the COVID-19 pandemic, and businesses rushed to improve their e-commerce [β¦]
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Regions like the U.S. and Europe have been doubling down on rebuilding their industrial muscle after decades of closing down factories and outsourcing the work to countries like China. To that end, a fast-growing Polish startup called Nomagic, which builds robotic arms for picking, packing and moving in logistics operations, has raised $44 million in [β¦]
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Quantum computing remains a holy grail in the world of technology. But thanks to some important breakthroughs in the last several months, investors are betting on promising startups in the space to make the concept of super-efficient, particle- and electron-based computing a reality. Now, Quantum Machines, an Israeli startup that provides quantum control solutions to [β¦]
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βAgentic AIβ is the concept of the moment. Developers big and small are rushing to build apps to leapfrog the heavy lifting needed to employ generative AI in specific contextsβ¦ and investors are rushing to fund the most interesting of these.Β In one of the latest examples, a startup out of Israel called Perfect β [β¦]
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The U.K. government is pushing forward with plans to attract more AI companies to the region by changing copyright law. The proposed changes would allow developers to train AI models on artistsβ content found online β without permission or payment β unless creators proactively βopt out.β Not everyone is marching to the same beat, though. [β¦]
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The U.S. government is leaning hard on tech companies to make more commitments to building their businesses in the country, and Big Tech is falling in line. On Monday, Apple laid out its own plans in that area: It will spend $500 billion over the next four years in areas like high-end manufacturing, engineering, and [β¦]
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Photo and video apps targeting young adults with social hooks are a dime a dozen these days, so those that show traction with 18-twentysomethings tend to catch the attention of investors looking for the next Instagram or TikTok. In the latest example, photo-sharing app Yope, which lets you share still images to private groups, says [β¦]
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