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Monthly Archives: May 2024
AWS confirms European ‘sovereign cloud’ to launch in Germany by 2025, plans €7.8B investment over 15 years
Amazon Web Services (AWS), Amazon’s cloud computing business, has confirmed further details of its European “sovereign cloud” which is designed to enable greater data residency across the region. The company said that the first AWS sovereign cloud region will be … Continue reading
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Baidu’s robotaxi unit expects to turn profitable next year
The projection comes as Elon Musk has emphasized his plans to build up Tesla’s robotaxi efforts amid a decline in revenue.
Indian insurance startup Go Digit raises $141M from anchor investors ahead of IPO
Go Digit, an Indian insurance startup, has raised $141 million from investors including Goldman Sachs, ADIA, and Morgan Stanley as part of its IPO. © 2024 TechCrunch. All rights reserved. For personal use only.
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Food VC Peakbridge has new $187M fund to transform future of food, like lab-made cocoa
Peakbridge intends to invest in between 16 and 20 companies, investing around $10 million in each company. It has made eight investments so far. © 2024 TechCrunch. All rights reserved. For personal use only.
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Accion’s new $152.5M fund will back financial institutions serving small businesses globally
For over six decades, the nonprofit has been active in the financial services sector. © 2024 TechCrunch. All rights reserved. For personal use only.
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Threads finally starts its own fact-checking program
Meta’s newest social network, Threads is starting its own fact-checking program after piggybacking on Instagram and Facebook’s network for a few months. Instagram head Adam Mosseri noted that the company “recently” rolled out the ability for fact-checkers to rate and … Continue reading
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‘Chinese social media turned me from Ukrainian to Russian’
As generative AI develops so quickly, regulating it and protecting people has become a challenge.
OpenAI’s Chief AI Wizard, Ilya Sutskever, Is Leaving the Company
One day after OpenAI showed off an all-new, emotional version of ChatGPT, the company announced that chief scientist Ilya Sutskever is leaving the company. He had voted in November to fire CEO Sam Altman.
Looking Glass launches new 3D displays
Looking Glass makes trippy-looking mixed-reality screens that make things look 3D without the need of special glasses. Today, it launches a pair of new displays, including a 16-inch mode that runs $4,000. There’s also a 32-inch display, with a ‘if … Continue reading
Ilya Sutskever, OpenAI co-founder and longtime chief scientist, departs
Replacing Sutskever is Jakub Pachocki, OpenAI’s director of research. © 2024 TechCrunch. All rights reserved. For personal use only.
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