A fledgling startup founded by one of OpenAI’s first engineering hires is looking to “redefine manufacturing,” with AI-powered factories for creating bespoke precision parts. Daedalus, as the company is called, is based in the southwestern German city of Karlsruhe, where its solo factory is currently housed. Here, Daedalus takes orders from industries such as medical … Read more
Claim: Donald Trump criticized pay raises for United Auto Workers (UAW) union members during a Fox News interview in 2008, saying, “They get their little five percent. They get another two percent. They get another three percent, four percent … and all of a sudden they’re making more money than the people that own the … Read more
The world’s electricity infrastructure is awash in transformers, the bits of equipment that change voltage as electricity courses through the grid. They’re present at nearly every point, from power plants to phone chargers. For the most part, they’ve been unchanged since they were first developed in the late 1800s. That longevity is a testament to … Read more
Nigerian online teaching platform Klas has raised $1 million in pre-seed funding led by Ingressive Capital, with participation from Techstars, HoaQ Capital, and several angel investors. Founded in 2022 by Nathan Nwachuku and Lekan Adejumo, Klas enables users to create and sell ebooks, courses, and live classes. The platform offers essential class components such as … Read more
PRISTINA, Kosovo — The European Union and the United States expressed their deep concern Sunday after Kosovo banned the use of the Serbian currency and police raided the premises of organizations working with the Serb minority in the north of the country. In the past week, Kosovo police searched the premises of Serbia-administered institutions and … Read more
A stealth startup led by ex-Blue Origin leaders, focused on harvesting resources from the moon, has quietly closed a sizable new tranche of funding, according to regulatory documents. Interlune, a startup that’s been around for at least three years but has made almost zero public announcements about its tech, has raised $15.5 million in new … Read more
Podcastle, a podcasting platform that has boosted its product with various generative AI-driven features, has raised $13.5 million in a Series A funding round led by Mosaic Ventures. Also participating were existing Podcastle investors RTP Global, Point Nine Capital, Sierra Ventures, and Andrew Ng’s AI Fund. Squarespace CEO Anthony Casalena and Moonbug Media CEO René … Read more
In a world where healthcare access is disproportionately skewed by geography and income, Forta Health raised a substantial round of funding to level the playing field a bit. The company says it is aiming to democratize access to healthcare by utilizing artificial intelligence tools, including large language models, to empower caregivers and enhance clinical treatments. … Read more
Qdrant, the company behind the eponymous open source vector database, has raised $28 million in a Series A round of funding led by Spark Capital. Founded in 2021, Berlin-based Qdrant is seeking to capitalize on the burgeoning AI revolution, targeting developers with an open source vector search engine and database — an integral part of … Read more
TravelPerk, a business travel management platform targeted at SMEs, has raised $105 million in a fresh equity-based round of financing led by SoftBank’s Vision Fund 2. Existing investors including Kinnevik and Felix Capital also participated in the round. The funding gives TravelPerk a valuation of $1.4 billion, just a fraction over the $1.3 billion valuation … Read more