​[[{“value”:” When you think about platforms in the construction industry, chances are you’re thinking about concrete platforms designed to support steel beams and tall pillars. Munich-based startup Comstruct wants to design a different platform to digitize the construction industry — a software platform. And the startup is announcing a $12.5 million Series A round led by GV […] © 2024 TechCrunch….

​[[{“value”:” The race is on to build a new generation of healthcare software to replace legacy hospital systems that in some cases may not have been updated in decades. A startup out of Munich, Germany called Avelios has ambitions to build a new kind of end-to-end administrative system, leaning into more modern tooling using AI and […] © 2024 TechCrunch….

​[[{“value”:” Emblem, a relatively new European VC firm based in Paris, is announcing the final closing of its first fund. Eighteen months after the first closing, the Emblem team managed to secure €80 million in total (around $85 million at current exchange rates). This is no small feat in the current funding environment. According to Atomico’s […] © 2024 TechCrunch….

​[[{“value”:” Modern product engineering requires the production of highly accurate digital simulations, allowing engineers to create prototypes and understand the real-world performance of materials. Currently, legacy software platforms from companies like IBM and Dassault are generally employed, but — now powered by Generative AI — startups are joining the arena.  One such is Trace.Space, coming out of […] © 2024 TechCrunch….

​[[{“value”:” And it’s the latest in an ongoing saga over the company’s future ownership. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]  

​[[{“value”:” Sonos announced that it has laid off 200 people in a letter posted to its site Wednesday. The news follows a 100-person layoff in August. Both rounds arrive in the wake of a disastrously botched update to the Sonos app that alienated broad swaths of the premium audio hardware firm’s extremely loyal fanbase. The new […] © 2024 TechCrunch….

​[[{“value”:” AI researchers at Stanford and the University of Washington were able to train an AI “reasoning” model for under $50 in cloud compute credits, according to a new research paper released last Friday. The model known as s1 performs similarly to cutting-edge reasoning models, such as OpenAI’s o1 and DeepSeek’s R1, on tests measuring math […] © 2024 TechCrunch….

​[[{“value”:” Scout Motors’ plan to eschew traditional dealerships and sell EVs directly to consumers is running into legal trouble. A group of Volkswagen and Audi dealers filed a lawsuit this week against Scout Motors, the EV that spun out of Volkswagen. The lawsuit, which was first reported by Automotive News, seeks to block Scout’s direct-to-consumer sales […] © 2024 TechCrunch….