Another week, and another round of crazy cash injections and valuations emerged from the AI realm. DeepL, an AI language translation startup, raised $ 300 million on a $ 2 billion valuation; Scale AI, a data-labeling platform for machine learning models, secured $ 1 billion as its valuation nearly doubled to $ 13.8 billion; and […]
In Seoul summit, heads of states and companies commit to AI safety
Government officials and AI industry executives agreed on Tuesday to apply elementary safety measures in the fast-moving field and establish an international safety research network. Nearly six months after the inaugural global summit on AI safety at Bletchley Park in England, Britain and South Korea are hosting the AI safety summit this week in Seoul. The […]
These 81 robotics companies are hiring
When I attended Automate in Chicago a few weeks back, multiple people thanked me for TechCrunch’s semi-regular robotics job report. It’s always edifying to get that feedback in person. While it’s true that the industry has seen ups and downs in terms of both funding and hiring in recent years, there’s never been a more […]
OpenseedVC, which backs operators in Africa and Europe starting their companies, reaches first close of $10M fund
Founder-market fit is one of the most crucial factors in a startup’s success, and operators (someone involved in the day-to-day operations of a startup) turned founders have an almost unfair advantage in finding that fit. Data shows that a lack of expertise and business acumen in founders contributes to failed VC investments. The same principle applies […]
Why companies are turning to internal hackathons
Companies are always looking for an edge, and searching for ways to encourage their employees to innovate. One way to do that is by running an internal hackathon around a theme and having employees attack a problem together. It not only brings in new ideas and new ways to solve problems for the company and […]