Investors have bought into Pearl Edison’s idea and recently poured $3 .3 million into the startup.
Vast Data in talks with Alphabet’s CapitalG, Nvidia to fund round at up to $30B valuation
The round could make the AI data storage company one of the most valuable in the world.
Authorities seize BlackSuit ransomware gang’s servers
German authorities said they have seized the servers used by the long-running ransomware gang, BlackSuit, which is blamed for cyberattacks across Europe and the U.S., including the City of Dallas.
VC industry has become a better career for women over the past 7 years
All Raise released a report that said 18.6% of the top roles at leading VC firms are held by women, which is double what it was in 2018.
Klarna might reschedule its IPO for September
Details are slim, though, regarding when Klarna will schedule its debut; no final decisions have been made.
Reddit plans to unify its search interface as it looks to become a search engine
Reddit is working on a new unified interface that will merge its legacy search and AI-powered Q&A features, as well as make its search box more prominently visible in the app.
Joby Aviation and defense contractor L3Harris to test autonomous hybrid aircraft
Joby’s years of R&D with the DoD may be paying off. The company has signed an agreement with defense contractor L3Harris to develop a gas-turbine hybrid VTOL that can fly autonomously — for defense applications.
Google rolls out Gemini Deep Think AI, a reasoning model that tests multiple ideas in parallel
Google released its first publicly available “multi-agent” AI system, which uses more computational resources, but produces better answers.
Handwave lends a hand to retailers with its European alternative to Amazon’s palm payments
Latvian startup Handwave aims to compete with Amazon palm payments by offering an independent alternative.
Female-founded semiconductor AI startup SixSense raises $8.5M
SixSense offers an AI-powered platform that helps chip makers prevent defects. It landed backing led by Peak XV’s Surge (formerly Sequoia India & SEA).