[[{“value”:” Adobe says the feature is up to the task, regardless of how complex of a background the object is set against. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
Special mud helps XGS Energy get more power out of geothermal wells
[[{“value”:” Young geothermal energy wells can be like budding prodigies, each brimming with potential to outshine their peers. But like people, most decline with age. In California, for example, the amount of electricity generated by geothermal power plants declined by 15% between 2001 and 2018, partly because existing wells degraded. “The history of geothermal has been […] © 2024 TechCrunch….
Sonos finally made some headphones
[[{“value”:” The market play is clear from the outset: The $449 headphones are firmly targeted at an audience that would otherwise be purchasing the Bose QC Ultra or Apple AirPods Max. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
Pinecone launches its serverless vector database out of preview
[[{“value”:” Pinecone, the vector database startup founded by Edo Liberty, the former head of Amazon’s AI Labs, has long been at the forefront of helping businesses augment large language models (LLMs) with their own data. Most recently, though, the company completely rearchitected its product to launch Pinecone Serverless, which frees its customers from having to think […] © 2024 TechCrunch….
Porsche Ventures invests in battery startup South 8 to boost cold-weather EV performance
[[{“value”:” All cars suffer when the mercury drops, but electric vehicles suffer more than most as heaters draw more power and batteries charge more slowly as the liquid electrolyte inside thickens. Drivers in Chicago found this out the hard way last January after many Teslas failed to charge during a deep freeze. One startup, South 8 […] © 2024 TechCrunch….
Data-labeling startup Scale AI raises $1B as valuation doubles to $13.8B
[[{“value”:” Scale AI has raised a $1 billion Series F round from a slew of big-name institutional and corporate investors including Amazon and Meta. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
Meta, Match, Coinbase and others team up to fight online fraud and crypto scams
[[{“value”:” The new coalition, Tech Against Scams, will work together to find ways to fight back against the tools used by scammers and to better educate the public against financial scams. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
EU Council gives final nod to set up risk-based regulations for AI
[[{“value”:” It’s a wrap: European Union lawmakers have given the final approval to set up the bloc’s flagship, risk-based regulations for artificial intelligence. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
Vitesse, a payments and treasury management platform for insurers, raises $93M to fuel US expansion
[[{“value”:” London-based fintech Vitesse has closed a $93 million Series C round of funding led by investment giant KKR. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
Zen Educate raises $37M and acquires Aquinas Education as it tries to address the teacher shortage
[[{“value”:” Zen Educate, an online marketplace that connects schools with teachers, has raised $37 million in a Series B round of funding. The raise comes amid a growing teacher shortage crisis both sides of the pond, with a recent report from ADP Research Institute noting that the global pandemic exacerbated the existing supply/demand imbalance due to […] © 2024 TechCrunch….