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Unique, a Swiss AI platform for finance, raises $30M

Unique, a Swiss AI platform for finance, raises $30M

​[[{“value”:” A four-year-old Swiss startup has raised a sizable chunk of change to capitalize on the burgeoning “agentic AI” movement. Unique said on Thursday that it has raised $30 million in a Series A funding round that was led by London-based VC firm DN Capital and CommerzVentures, the investment offshoot of Germany’s Commerzbank. “Agentic AI” is […] © 2024 TechCrunch….

Taktile helps fintechs build automated decision-making workflows

​[[{“value”:” The automated logic behind many financial decisions — for example, decisions that determine whether a client is approved for a credit line — is hard-coded. Often, it’s not easily changed. If a head of credit at a bank wanted to adjust the bank’s lending criteria, for example, they’d likely have to raise a ticket with […] © 2024 TechCrunch….

Instagram may spin off Reels into a separate app

​[[{“value”:” Meta is mulling launching a standalone app for short-form videos, The Information reported, citing an anonymous source who heard Instagram head Adam Mosseri talking about the project to staff. The project is reportedly code-named Project Ray that aims to improve recommendations for new users and existing users in the U.S., and feature more three-minute videos, […] © 2024 TechCrunch….

Apple iPhone 16e review: An A18 chip and Apple Intelligence for $599

​[[{“value”:” Apple delivered its latest budget handset, the $599 iPhone 16e, without pomp. There was no big event in person, nor was there one online. No journalists scrambled through hoards of colleagues to snap photos of the phone. Instead, CEO Tim Cook tweeted out that new hardware was on the way, days before Apple announced the […] © 2024 TechCrunch….

Europe’s Relay pulls in $35M Series A after applying Asia’s model to delivery

​[[{“value”:” Being somewhat later than Europe in adopting the idea of parcel delivery, much of Asia built its delivery infrastructure around e-commerce, effectively ‘Uberising’ how deliveries worked down to the last mile. Think DoorDash but for parcels, not food. This is what the founders of Europe’s Relay realized and decided to bring to the region — […] © 2024 TechCrunch….

Lonestar and Phison’s data center infrastructure is headed to the moon

Lonestar and Phison’s data center infrastructure is headed to the moon

​[[{“value”:” Data storage and resilience company Lonestar and semiconductor and storage company Phison launched a data center infrastructure on a SpaceX rocket on Wednesday that’s headed to the moon. The companies are sending Phison’s Pascari storage — solid state drives (SSDs) built for data centers —packed with Lonestar’s clients’ data on a SpaceX Falcon 9 rocket […] © 2024 TechCrunch….

Commercetools, a pioneer in ‘headless commerce’, lays off dozens of staff

​[[{“value”:” Commercetools — a “headless commerce” platform that provides APIs to companies building online storefronts — saw a major boost in its business just a few years ago, raising money at whopping $1.9 billion valuation as the world went shopping online in the wake of the Covid-19 pandemic, and businesses rushed to improve their e-commerce operations. […] © 2024 TechCrunch….

Shop Circle raises $60M to encircle ecommerce with an app suite

​[[{“value”:” The boom in ecommerce post-pandemic meant shops moved online. However, some merchants ended up with dozens of separate app providers to accommodate everything from supply chains, inventory, and marketing. The founders of Shop Circle realized this and either built or bought many such apps. The company has now raised $60 million in a Series B […] © 2024 TechCrunch….

Meta’s oversight board is reviewing the company’s new hate speech policies

​[[{“value”:” Meta’s Oversight Board, the company’s independent group created to help with sensitive policy decisions, is preparing to weigh in on CEO Mark Zuckerberg’s recent changes to how Facebook, Instagram, and Threads handle hate speech, Engadget reported. Zuckerberg announced an overhaul of its content moderation policies in January, shortly before the inauguration of U.S. President Donald […] © 2024 TechCrunch….