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Monthly Archives: May 2024
China drives EV boom this year amid strong demand for hybrid vehicles
EV shipments, including fully battery-powered vehicles and hybrids, were up 18% in the first three months of 2024 compared with the same period last year.
Maad raises $3.2M seed amid B2B e-commerce sector turbulence in Africa
Maad, a B2B e-commerce startup based in Senegal, has secured $3.2 million debt-equity funding to bolster its growth in the western Africa country and to explore fresh opportunities in the wider Francophone region. The seed round was led by Ventures … Continue reading
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AI boom to keep supply of high-end memory chips ‘tight’ this year, analysts warn
SK Hynix and Micron – the world’s largest memory chip suppliers – are out of high-bandwidth memory chips for 2024, while the stock for 2025 is also almost sold out.
OpenAI Startup Fund raises additional $5M
The fresh funds were raised from two investors who transferred the capital into a special purpose vehicle, a legal entity associated with the OpenAI Startup Fund. © 2024 TechCrunch. All rights reserved. For personal use only.
What is OpenAI’s new GPT-4o model? Free users get more features including advanced audio
OpenAI is launching a new flagship generative AI model named GPT-4o, which will be introduced “iteratively” into the company’s developer and consumer products over the coming weeks. There had been speculation that a search engine would be rolled out but … Continue reading
Early Facebook investor Accel raises $650 million fund to back European and Israeli startups
Accel said Tuesday it’s raised $650 million for its eighth fund targeted at investing in European and Israeli early-stage startups.
Accel has a fresh $650M to back European early-stage startups
Accel has invested in more than 200 startups in the region to date, making it one of the more prolific VCs in this market. © 2024 TechCrunch. All rights reserved. For personal use only.
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Cruise founder Kyle Vogt is back with a robot startup
Kyle Vogt, the former founder and CEO of self-driving car company Cruise, has a new VC-backed robotics startup focused on household chores. Vogt announced Monday that the new startup, called the Bot Company, has raised $150 million from former Github … Continue reading
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Amazon-backed Anthropic launches its Claude AI chatbot across Europe
Anthropic says that, starting Tuesday, individuals and businesses in Europe will be able to access its Claude chatbot through the web and via an iOS mobile app.
Anthropic is expanding to Europe and raising more money
On the heels of OpenAI announcing the latest iteration of its GPT large language model, its biggest rival in generative AI in the U.S. announced an expansion of its own. Anthropic said Monday that Claude, its AI assistant, is now … Continue reading
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