Startups

Code reviews — peer reviews of code that help devs improve code quality — are time-consuming. According to one source, 50% of companies spend two to five hours a week on them. Without enough people, code reviews can be overwhelming and take devs away from other important work. Harjot Gill thinks that code reviews can be
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Labeling and annotation platforms might not get the attention flashy new generative AI models do. But they’re essential. The data on which many models train must be labeled, or the models wouldn’t be able to interpret that data during the training process. Annotation is a vast undertaking, requiring thousands to millions of annotations for the
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Anysphere, a two-year-old startup that’s developed an AI-powered coding assistant called Cursor, has raised over $60 million in a Series A financing at a $400 million post-money valuation, two sources familiar with the deal told TechCrunch.  The round was co-led by Andreessen Horowitz and Thrive Capital. Patrick Collison, co-founder and CEO of Stripe, also participated
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Decentralized X competitor Bluesky, a startup offering a social network where users can choose their own algorithm and moderation services, announced on Monday the addition of a new board member, Mike Masnick. Best known as the founder of tech blog Techdirt, Masnick is also credited with inspiring the Bluesky project through his paper titled “Protocols,
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Groq, a startup developing chips to run generative AI models faster than conventional processors, said on Monday that it’s raised $640 million in a new funding round led by Blackrock. Neuberger Berman, Type One Ventures, Cisco, KDDI and Samsung Catalyst Fund also participated. The tranche, which brings Groq’s total raised to over $1 billion and
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Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups.  This week we are looking at acquisitions of small startups, two new unicorns, wearable AI devices, and VCs who are supporting Kamala Harris. Let’s get into it. Most interesting startup stories from the week Image Credits: Bloomberg
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Self-driving technology company Aurora Innovation is looking to raise hundreds of millions in additional capital as it races towards a driverless commercial launch by the end of 2024.  Aurora, which went public in 2021 through a special purpose acquisition merger, is pursuing a driver-as-a-service model, wherein carriers purchase trucks with the Aurora Driver tech on
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The serious, long-term negative impact of the bankruptcy of banking-as-a-service (BaaS) fintech Synapse will be significant “on all of fintech, especially consumer-facing services,” one observer has said. In the wake of that company’s collapse, other startups in the space are working hard to prove that not all BaaS are created equal. As partners to fintechs,
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The founder of once-hyped crypto startup BitClout is facing trouble. On Tuesday, the SEC charged BitClout founder Nader Al-Naji with fraud and unregistered offering of securities, claiming he used a pseudonymous identity to avoid regulatory scrutiny while he raised over $257 million in cryptocurrency.  BitClout, a decentralized social media platform, raised from a who’s-who of
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