According to half a dozen sources, Accel, the global venture firm, is in advanced discussions to lead a funding round of $ 30 million to $ 40 million in Truemeds, an Indian online pharmacy that’s focused on providing customers with more affordable generic alternatives to costly branded medications. The talks are currently centered on a […]
OroraTech’s space-based wildfire detection brings in $25M to put more imaging satellites in orbit
Wildfires aren’t going away, but our ability to detect and track them — and maybe catch them early enough to prevent serious damage — is getting better. OroraTech is taking a space-based approach to “wildfire intelligence,” and just raised $ 25 million to grow its market and cover more of the Earth. The German startup […]
Meta’s AI chief says world models are key to ‘human-level AI’ — but it might be 10 years out
Are today’s AI models truly remembering, thinking, planning, and reasoning, just like a human brain would? Some AI labs would have you believe they are, but according to Meta’s chief AI scientist Yann LeCun, the answer is no. He thinks we could get there in a decade or so, however, by pursuing a new method […]
Meta lays off employees across multiple teams
Multiple teams at Meta were hit by layoffs on Wednesday, the company confirmed in a statement to TechCrunch, noting these changes were made to reallocate resources within the company. The layoffs appear to have hit employees working on Threads, recruiting, legal operations, and design, among other teams, according to social media posts announcing the layoffs […]
ODD taps $27M for diamond chips to clear radioactive debris at Fukushima Daiichi Nuclear Power Plant
Back in 2011, the world held its breath after the Fukushima Daiichi nuclear plant in Japan suffered a failure of its cooling systems, in the wake of the country getting hit by a 9.0 magnitude earthquake and tsunami. The worry was not unfounded: the resulting meltdown — which spread highly radioactive material in multiple directions […]