Drata, a security compliance automation platform that helps companies adhere to frameworks such as SOC 2 and GDPR, has acquired software security review startup SafeBase for $250 million. SafeBase co-founders Al Yang (CEO) and Adar Arnon (CTO) will retain their roles, and SafeBase will continue to offer a stand-alone product while bringing its core solutions to
0 Comments
May Mobility is deploying autonomous vehicles differently than its peers. Rather than operate robotaxis for individual ride-hail, May has followed a “gentle on-ramp” approach to commercialization by offering on-demand shuttles and pooled rides within campuses and along uncomplicated routes. The startup announced Wednesday the launch of its first fully driverless commercial service in Peachtree Corners,
0 Comments
Nature-based carbon removal startup Chestnut Carbon has raised $160 million in Series B financing, the company told TechCrunch. The startup buys marginal and degraded farmland, plants them with native trees, and harvests the resulting carbon credits. Carbon credits have become a hot commodity, especially among tech companies looking to offset skyrocketing emissions caused in part
0 Comments
Rebuilding after a wildfire isn’t cheap. The recent Los Angeles wildfires, for example, incurred up to $164 billion in property and capital losses. But restoring the forest isn’t, either, with a few thousand acres running a couple million dollars, Grant Canary, co-founder and CEO of Mast Reforestation, told TechCrunch. “If you’re a land owner and
0 Comments
ChatGPT, OpenAI’s chatbot platform, may not be as power-hungry as once assumed. But its appetite largely depends on how ChatGPT is being used and the AI models that are answering the queries, according to a new study. A recent analysis by Epoch AI, a nonprofit AI research institute, attempted to calculate how much energy a
0 Comments
The Army has granted upstart weapons maker Anduril control of one of its highest-profile and long-troubled projects known as the Integrated Visual Augmentation System, founder Palmer Luckey announced in a blog post Tuesday. IVAS was initially awarded to Microsoft in 2018 to develop augmented reality headsets for soldiers based on a ruggedized version of Hololens.
0 Comments
Apple Tuesday announced the long-awaited debut of Powerbeats Pro 2 earbuds. The new headphones arrive nearly six years after the original Powerbeats hit the market. The new model maintains the familiar ear hook for workouts, while delivering upgraded sound, better battery life, and a wireless charging case. The earbuds also mark a major next step
0 Comments
As Africa’s tech ecosystem booms, more people from the region are landing remote jobs with big tech firms and global startups. But getting paid remains a challenge for many of these freelancers and remote workers — they struggle to open accounts that accept U.S. dollars, face slow invoicing and payment processes, and it doesn’t help
0 Comments
Escalating geopolitical tensions and a new administration with a hawkish defense agenda has led many startups to embrace dual-use strategies to secure revenue through military applications. And it’s a trend that is already heating up in aerospace.   Just look at Archer Aviation, a California-based startup building eVTOLs (electric vertical takeoff and landing vehicles). Until very
0 Comments
We’ve officially experienced an AI Super Bowl, people. As everyone tuned in to watch the annual championship game, the biggest buzz wasn’t just about the Eagles’ blowout win and Kendrick Lamar performing his Grammy-winning diss track at the halftime show. It was also about AI being a consistent theme in several of the multi-million-dollar ad spots.
0 Comments
Zeta, a provider of banking software to banks and fintech startups, has raised $50 million from a strategic investor at a $2 billion valuation. The new investment from American healthcare company Optum marks a 70% increase in the Bengaluru-based startup’s valuation from the $1.15 billion price tag (pre-money) it earned in 2021, when it raised
0 Comments
If you want to relive Kendrick Lamar’s headline-making Super Bowl halftime show, Apple Music just dropped a replay of the performance in its surround sound-like Spatial Audio. Since Apple currently sponsors the Super Bowl halftime show, the company has permission to republish these musical spectacles — but this is better than just a YouTube video
0 Comments
Hundreds of heads of states, tech CEOs, and nonprofits have flocked to Paris for the Artificial Intelligence Action Summit. So far, the winner of this week’s diplomatic and business parade seems to be Mistral. In business lingo, we would say that the French AI unicorn is experiencing tailwinds. Mistral has been one of the leading
0 Comments
When the COVID-19 pandemic struck in 2020 and schools transitioned to online learning, both Joe Titus and Paul Suhr were concerned about how to maintain their children’s activity levels in the absence of mandatory physical education classes and sports. The two friends’ solution was Hiveclass, a New York-based edtech platform that hosts online courses for
0 Comments