Author: TechBrunch

There are many observability platforms that monitor and evaluate cloud software, such as Dynatrace and ServiceNow. This flags potential code errors or failures so that the engineers can find them and fix them. Arize AI says it brings the same approach to AI models and applications. Arize is an AI observability platform that evaluates when companies are building AI products and monitors those products for errors and issues when they are up and running. Arize's platform works with a wide range of AI applications, from machine learning and computer vision to generated AI. Jason Lopaticki, Arize's co-founder and CEO (photo…

Twitch on Wednesday announced that it will begin limiting streamers to 100 hours of highlighting and uploading, and that it will remove content if the channel exceeds the limit. The company said it is implementing changes because highlights are not effective in driving discovery and engagement, and storage is expensive. The storage cap will take effect on April 19th. This change applies to edited snippets from channel's past broadcasts, as well as other edited highlights from uploaded content. However, clips and past broadcasts (VODs) are not affected by the changes. (Past broadcasts have already been automatically deleted after a certain…

The UK healthcare giant HCRG Care Group has confirmed it is investigating a cybersecurity incident after claiming that ransomware gangs violated the company's systems to steal sensitive data. HCRG Care Group is one of the largest independent providers of community health and care services in the UK. Formerly known as Virgin Care and now owned by Twenty20 Capital, the organization has partnered with National Health Service Trusts and local governments across the UK to help with emergency care, sexual health, adult and child social care services. We provide medical services such as: HCRG was listed this week on the Prolific…

Amazon will cancel the Android App Store on August 20th this year. The company sent a notification to the developer to indicate that new apps would no longer be able to be submitted to the store. The company said on its support page that it would also suspend Coin Digital Currency. It says it can be used to purchase games and apps in the app store. “From August 20, 2025, you will no longer be able to access Amazon Appstore on your Android devices, and we plan to cancel the Amazon Coins program on August 20, 2025,” the company said…

As payment companies increasingly explore Stablecoins for cross-border payments and real-time settlements, some startups have leveraged Zeitgeist by providing liquidity through Stablecoins' revolving credit lines Masu. One of them is Dubai-based Mantha, which offers primarily African payment companies to settle transactions and immediately fund customer accounts. The startup raised $10 million in seed funds, including both stocks and debt. Stablecoin Provider Tether led the $3 million equity investment. The funding will help the company expand into Latin America and Southeast Asia, regions where liquidity challenges limit cross-border transactions. Mansa says the model improves client cash flow at a lower cost…

Codeium, an AI-powered coding startup, is raising new funding at a $2.85 billion valuation, including Fresh Capital, according to two sources with knowledge of the transaction. The round is led by returning investor Kleiner Perkins, people said. The new round announces that Silicon Valley-based Codeum has closed its $150 million Series C with a post-money valuation of $1.25 billion led by Total Catalyst with participation from Kleiner Perkins and Green Ark It's only six months later. TechCrunch was unable to confirm the dollar amount for the new funds. Codeium and Kleiner Perkins did not respond to requests for comment. The…

Austin-based defense startup Saronic has raised a $600 million Series C to build an autonomous ship factory called “Port Alpha” announced yesterday, bringing its valuation to $4 billion from the final round I illuminated it. Investor Elad Gil led the round, with general Catalyst joining existing investors Andreessen Horowitz, 8vc and Caffeinated Capital. This makes Salonic the second and perhaps the third most valuable defense technology startup in the US after Andrill's final round was valued at $14 billion. However, Shield AI can beat it as it is reportedly in consultation to achieve a $5 billion valuation in the new…

Uber is moving away from the committee-based model of India's three-wheel electric Rick Show drivers in response to growing competition with local rivals Rapido and Namma Yatri. The riding giant will instead charge drivers daily fees to connect to riders using the platform. Business model change is the latest update of Uber's business in India to make margin work. In 2015, Uber first launched auto-rickshaw services on the market, but quickly stopped. The service was later rebooted in 2018. We understand that Uber is not the only market that has tried this model. The company previously introduced subscription-based bicycle and…

Swizzle Ventures has shut down Fund I for $6.6 million and bypassed its initial $3 million target, company founder Jessica Kamada told TechCrunch. In December, TechCrunch reported that it was being raised by a company quietly launched in 2023, and already bypassing $5 million per SEC application. Fund Papers I focus on women's health and wealth, and touch on issues such as caregiving and finances. Kamada told TechCrunch that 70% of the fund's LPS are women and 50% are experts in the focus of the paper. The company cuts checks ranging from $100,000 to $200,000 at pre-seed and seed levels.…

Mollitiam Industries, a small and lesser known Spanish spyware manufacturer, is now closed. The end of the startup was first reported by Intelligence Intelligence Online on the Intelligence and Surveillance Trade News website. Public Business Records confirm that the company filed for bankruptcy on January 23rd. Unlike the hacking team, NSO Group and now Paragon Solutions, Mollitiam Industries, based in Toledo, a town outside of Madrid, Spain, is mostly operating in public places. In part, the secret is merely a result of the nature of the spyware industry. There are many vendors all over the world, and a significant number…