Varda Space Industries has received long-awaited approval from regulators to return its first spacecraft to Earth — and with it, a batch of pharmaceutical crystals manufactured on orbit. Varda’s Winnebago capsule has been stuck in limbo for months. The company launched the spacecraft on a SpaceX Transporter mission eight months ago, with the plan to […]
TikTok tests a feature that would bring TikTok Shop links to more videos
TikTok is experimenting with a feature that has the ability to make all posts on the app shoppable, as first reported by Bloomberg. The move is part of the company’s plans to turn TikTok Shop into a multi-billion dollar e-commerce business in the United States. TikTok confirmed that the feature is currently in limited testing, […]
Tesla to spend $500M to bring its Dojo supercomputer project to Buffalo factory
Tesla will spend $ 500 million to build one of its so-called “Dojo” supercomputers at its Buffalo, New York factory, the state’s governor Kathy Hochul said Friday during a news conference just days after CEO Elon Musk called the project a “long shot.” Tesla’s decision was “informed by New York’s reliable power supply, strong talent pipeline […]
Prometeo raises $13M from PayPal, Samsung and more to bring open banking to Latin America
Open banking — where traditional banks can share data, and build new services, by way of APIs that bring their ageing systems into the 21st century — has seen its biggest traction to date in mature economies, where the vast majority of consumers and businesses already have bank accounts; are au fait with digital transactions; […]
Hyperplane wants to bring AI to banks
Hyperplane, a San Francisco-based startup that is building foundation models to help banks predict customer behavior, is coming out of stealth today by announcing a $ 6 million funding round led by former Stripe exec Lachy Groom, who was joined by SV Angel, Clocktower Technology Ventures, Liquid2 Ventures, Soma Capital, Latitud, Atman Capital, Crestone VC […]