Digital identity startup Passbase has closed a $3.6 million seed round, led by Cowboy Ventures and Eniac Ventures, with participation from Seedcamp and other European investors. The 2018 founded startup bagged a $600k pre-seed round earlier this year for its full-stack identity engine with a privacy twist. The latest tranche of funding will go on growing…
Alibaba Group introduced its first AI inference chip today, a neural processing unit called Hanguang 800 that it says makes performing machine learning tasks dramatically faster and more energy-efficient. The chip, announced today during Alibaba Cloud’s annual Apsara Computing Conference in Hangzhou, is already being used to power features on Alibaba’s e-commerce sites, including product…
DJI announced two new drones and a new initiative to support first responders during natural disasters and recovery missions with drone technologies as it moves to consolidate its position as the leading drone technology provider. The company hyped its new multispectral drone as the world’s first fully integrated multispectral imaging drone to enable more efficient…
How is data, analytics, and artificial intelligence (AI) transforming the manufacturing sector? In the third installment in a new series on smart manufacturing technologies, UK-based global editor-in-chief editor James Blackman looks at the role of data analytics techniques to bring intelligence to manufacturing operations. The post Digital Factory Solutions Report Series: Operational Intelligence appeared first…
Electric car startup Canoo has unveiled its first vehicle, a seven-seat pod that will only be available through a subscription service. This sets Canoo apart from the legions of other EV startups.
Shiv has over 8 years experience working on Internet of Things and an avid user of Drones
Hola Barcelona. Target Global, a pan-European VC firm with €700 million under management and a broad investment canvas spanning SaaS, marketplaces, fintech, insurtech and mobility, is opening an office in the Catalan capital. Investor director, Lina Chong, will lead the expansion into Spain, having relocated to Barcelona from the fund’s Berlin headquarters. They’re setting up…
BlaBlaCar, the marketplace that matches people for long-distance ridesharing between cities, has announced plans to acquire Busfor, the leading bus ticketing platform in Russia and Ukraine. “This is the biggest acquisition in BlaBlaCar’s history and Busfor is the region’s leading bus distribution company, with over 150 employees. Connecting our significant online demand with Busfor’s supply…
VC firm Target Global has just announced it’s expanding its European network by adding a local office in Barcelona, Spain — building on its existing presence in Berlin and London, plus Tel Aviv and Moscow. The firm has €700 million under management and a broad investment range that covers SaaS, marketplaces, fintech and insurtech, as…
NBCU is again going after Gen Z and millennials with the launch of a new digital news brand and soon-to-arrive streaming network, called LX — short for “Local X.” Local, because the focus is on local news and “X” because…well, it sounds cool? (NBCU says it’s for LX’s “exponential abilities,” if you want the official…
Speaker of the House Nancy Pelosi announced official impeachment proceedings against President Trump today, and while the approaching political fracas may not be directly tech-related, it could have serious effects on several efforts at the federal level to rein in or otherwise influence the tech industry. Impeachment does not mean the government stops doing what…
