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It take time (part 2)

It take time (part 2)

​[[{“value”:” As I write this, I’m just starting my second week at my Independent Study Project (ISP) location. I’ve moved from the capital city of Quito to a small town in the Choco Cloud Forest called VillaFlora. Suffice it to say, it’s very different here! As I go through another new start, I’m keeping in mind what I’ve just learned…

UK fintech Sprive closes $7.3M round to facilitate mortgage overpayments

​Most mortgage lenders would rather people didn’t pay off their mortgages early. After all, that’s that’s how they make their money. Indeed, overpayment is positively discouraged and sometimes even penalized. What if there were a solution that solved the technology behind it, alongside the financing arrangements? That’s the idea behind the Sprive fintech app. This […]  

Meet the companies racing to build quantum chips

​Quantum computing has long been announced as “just around the corner,” but several companies are now determined to make this a commercial reality, with the promise of solving complex problems beyond classical computers’ reach. The problems in question are wide-ranging, from medicine and cybersecurity to materials science and chemistry. But first, there are very practical […]  

IBM pledges to spend $150B in the US over the next few years

​Enterprise tech giant IBM says that it plans to invest $150 billion in the U.S. over the next five years, which will include a “more than” $30 billion investment in mainframe and quantum computing research. The goal is to fuel the economy and “accelerate [IBM’s] role as the global leader in computing,” the company said in a press release Monday. […]  

AI animation startup Cheehoo lands $10M funding from Greycroft

​Creating animation is a time-consuming process, requiring multiple steps including storyboarding, rendering, composition, and lighting to craft a single scene. If a director wants to experiment with a different take for a scene, an animation team has to go back and tweak things before the scene can be finalized. Cheehoo, a startup founded by a […]  

Volution doubles-down on booming UK fintech with new $100M fund

​The UK fintech sector is on a bit of roll. Allica Bank – a London-based fintech – recently announced it had doubled its profits in 2024, bringing in £29.9 million, while Neobank Revolut announced a £1bn profit in 2024. Companies of this nature continue to spring out of London, a city which has become a fintech global […]  

Lightrun grabs $70M using AI to debug code in production

​AI-based coding has exploded in popularity on the promise that it will make developers’ jobs faster and easier. But it’s also resulted in something else: a vast increase in lines of code, and thus the likelihood of bugs resulting in crashes or other mishaps. Today, an Israeli startup called Lightrun — which has built an […]