Tech News

“We want to pay it forward”: Funding associations raise $25 million to boost capital for SMEs in Southeast Asia Small and medium enterprises It represents approximately 50% of Southeast Asia’s GDP. Contributing to job creation, innovation and comprehensive economic expansion. However, as in other parts of the world, SMEs in Southeast Asia face challenges when […]

Canoo furloughs workers and idle factory because it seeks money EV startup Canoo is struggling He says It has furloughed 82 employees, and its Oklahoma plant has been idled as it scrambles to raise the capital needed to survive. The company claims it is in “advanced discussions with various capital sources” to raise emergency funding.

With 25 million users, Bluesky has secured $1 million in funding to take on social media and artificial intelligence Successful technology companies follow a typical pattern: from product to platform where other startups build businesses on top of their own. To stimulate this, they often launch a fund. In this case, someone else is launching

AI startup Oddysee’s new tool can create realistic 3D worlds Odysseya startup founded by self-driving pioneers Oliver Cameron and Jeff Hook development An AI-powered tool that can convert text or image into a 3D rendering. The tool, called Explorer, is in some ways similar to the so-called World models Recently demonstrated by DeepMind, Laboratories of

Julian Codorniu of Felix Capital will join 20VC as General Partner Only a few weeks later 20VC TechCrunch has announced its third investment vehicle, and has learned from multiple sources that the relatively new London-based venture capital firm is gaining a new general partner. Julian Codorniu is leaving Felix CapitalHe has been a founding advisor

WeTransfer’s free plan now has a monthly limit of 10 transfers File transfer service WeTransfer now limits users to 10 transfers per month with its free plan. The company is already applying the new limit to users, according to Support page. At the same time, WeTransfer is adding some perks to the free plan, including

AI buries company websites in search results, but Otterly.AI thinks it can help Many sites saw a decline in organic traffic in 2024, largely due to the rise of AI-generated search results. Many queries no longer result in clicks, and even when users do click, it’s difficult for companies to get more context for searches

‘It’s stupid to go public this year’: Databricks CEO explains why he’s waiting to go public Databricks has just closed one of its largest funding rounds ever, Raised a staggering $10 billion in new capital. Naturally, technology investors were quick to ask what this meant for the company’s upcoming IPO. During an event in San

Insight VC describes the massive $10 billion Databricks deal and the bad advice the CEO ignored It’s been a tough week for investors navigating their way into Databricks’ record-breaking $10 billion fundraising, one of the venture capitalists who led the deal told TechCrunch. “There were calls made late at night, and that’s OK, that’s how

The Justice Department wants a Perplexity executive to testify in Google’s antitrust case American court He ruled in August That Google has a monopoly on search, and as Google appeals, the Department of Justice is figuring out what kind of potential penalties to impose – e.g Broken chrome. As part of that process, the Justice