General Catalyst, one of Silicon Valley’s largest capital firms, is gearing up to launch what’s known as a “continuation fund” worth between $ 800 million and $ 1 billion, according to a person familiar with the plans. A continuation fund consists of a portion of stakes that the VC firm has in portfolio companies. With […]
VESSL AI secures $12M for its MLOps platform that aims to cut GPU costs by up to 80%
As businesses increasingly integrate artificial intelligence into their workflows and products, there is a growing demand for tools and platforms that make it easier to create, test, and deploy machine learning models. This category of platforms — popularly known as machine learning operations, or MLOps — is already a little crowded, with startups like InfuseAI, […]
MoneyGram says hackers stole customers’ personal information and transaction data
U.S. money transfer giant MoneyGram has confirmed that hackers stole its customers’ personal information and transaction data during a cyberattack last month. The company said in a statement Monday that an unauthorized third party “accessed and acquired” customer data during the cyberattack on September 20. The cyberattack — the nature of which remains unknown — […]
US judge orders Google to open up Google Play to rivals
A federal judge has ordered Google to open up its app store to rivals and give Android users more choice when it comes to downloading apps. Judge James Donato issued his final ruling in the Epic and Google saga on Monday, detailing how Google has to change how it operates Google Play. According to the […]
Emma Watson invests in reproductive health company Hertility
Actress Emma Watson has made a previously undisclosed investment into the women’s health company Hertility, bringing its total funding to more than $ 14 million, the company told TechCrunch in an interview on Monday. Watson is known for her interest in the environment and supporting women-led initiatives. She is a UN Women Goodwill Ambassador and […]